Hanover Bancorp Financial Health
How is Hanover Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score5/6
Financial Health Score 5/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: HNVR's Assets to Equity ratio (10.7x) is moderate.
Allowance for Bad Loans: HNVR has a low allowance for bad loans (95%).
Low Risk Liabilities: 92% of HNVR's liabilities are made up of primarily low risk sources of funding.
Loan Level: HNVR has an appropriate level of Loans to Assets ratio (88%).
Low Risk Deposits: HNVR's Loans to Deposits ratio (105%) is appropriate.
Level of Bad Loans: HNVR has an appropriate level of bad loans (0.8%).