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        Taxonomy & unit
      
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        ratio: %
      
      
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        Description
      
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        Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
      
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        Summary
      
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        Hanover Bancorp, Inc. /NY quarterly/annual Return On Equity history and growth rate from Q3 2021 to Q2 2025.- Hanover Bancorp, Inc. /NY Return On Equity for the quarter ending June 30, 2025 was 5.82 %, a 10.5% decline year-over-year.
- Hanover Bancorp, Inc. /NY annual Return On Equity for 2024 was 6.43 %, a 23% decline from 2023.
- Hanover Bancorp, Inc. /NY annual Return On Equity for 2023 was 8.34 %, a 46.5% decline from 2022.
- Hanover Bancorp, Inc. /NY annual Return On Equity for 2022 was 15.6 %, a 43.8% increase from 2021.
 
 
 
  
  Return On Equity, Quarterly (%)
  
    
  Return On Equity, YoY Quarterly Growth (%)