Skip to main content

Hanover Bancorp, Inc.

corporate_fare Company Profile

Hanover Bancorp, Inc.

HNVR·NASDAQ·Finance·CIK 0001828588

Hanover Bancorp, Inc. is the holding company for Hanover Community Bank, a New York chartered community commercial bank. The Company reincorporated from New York to Maryland on June 25, 2025. Hanover Community Bank provides personalized and efficient services and products to customers in the New York metro area. It operates offices in Nassau, Suffolk, Queens, Kings (Brooklyn), and New York (Manhattan) Counties in New York, and in Freehold, Monmouth County, New Jersey. The Bank opened its Hauppauge Business Banking Center in Hauppauge, Suffolk County, New York in May 2023, and a full-service branch in Port Jefferson, Suffolk County, New York in June 2025. As of December 31, 2025, Hanover Community Bank had total assets of $2.38 billion, total loans of $2.00 billion, total deposits of $2.03 billion, and total stockholders' equity of $200.3 million. The Bank was established in 2009, initially serving the South Asian community in Nassau County. Following a recapitalization in 2012, the Bank shifted its strategy to offer consumer and commercial banking services to clients in the western Long Island markets and New York City boroughs, specifically Queens and Brooklyn. This strategy has led to significant balance sheet growth through organic loan and deposit expansion, as well as strategic acquisitions. In 2019, the Bank acquired Chinatown Federal Savings Bank (CFSB), which helped diversify its funding and increase its presence in the New York City market, where a significant portion of its lending activities occur.

Hanover Bancorp, Inc. (NASDAQ:HNVR) is a publicly traded company in the Finance sector. Wiseek monitors HNVR SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Hanover Bancorp Reports Strong Q1 Earnings Growth and Strategic Debt Refinancing Amidst Rising Non-Accrual Loans
  • Hanover Bancorp Reports Strong Q1 Net Interest Margin Expansion and Improved Asset Quality
  • Hanover Bancorp Proposes New Equity Plan and Discloses $2.15M Severance for Departing President
  • Hanover Bancorp Reports Significant Decline in Net Income and Deteriorating Asset Quality in 2025
  • Hanover Bancorp Secures $35M in Subordinated Notes, Refinancing Debt at Lower Rate and Boosting Capital

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$73.32M
Net Income
$7.49M
Diluted EPS
$1.00
Op. Cash Flow
$13.05M
Free Cash Flow
$12.18M
Cash & Equivalents
$208.9M
Total Debt
$100.72M
Debt / Equity
0.50×
Net Margin
10.2%
Shares Outstanding
7.14M sh
Source: 10-K · filed 2026-03-13 · accession 0001104659-26-027651
Browse all tickers starting with H →
$23.94
52-week range · as of 2026-05-08 $19.91 – $24.49
Market cap
$171.33M
Volume
53.8K (1.0× avg)
3-mo avg 53.9K
Live data · 2026-06-14 03:55 UTC · Market closed

show_chartPrice Chart

Loading chart...

feed HNVR - Latest Insights

HNVR
May 08, 2026, 4:01 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $23.27
Real-time Price: $23.94 info
Change: +$0.670 (+3%) info
Market Cap: $171.33M info
HNVR
Apr 27, 2026, 4:00 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $22.42
Real-time Price: $23.94 info
Change: +$1.52 (+7%) info
Market Cap: $171.33M info
HNVR
Apr 23, 2026, 4:00 PM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $22.20
Real-time Price: $23.94 info
Change: +$1.74 (+8%) info
Market Cap: $171.33M info
HNVR
Mar 13, 2026, 4:01 PM EDT
Filing Type: 10-K
Importance Score:
8
Price at Filing: $20.60
Real-time Price: $23.94 info
Change: +$3.34 (+16%) info
Market Cap: $171.33M info
HNVR
Mar 12, 2026, 4:46 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $20.48
Real-time Price: $23.94 info
Change: +$3.46 (+17%) info
Market Cap: $171.33M info
HNVR
Mar 12, 2026, 4:45 PM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $20.48
Real-time Price: $23.94 info
Change: +$3.46 (+17%) info
Market Cap: $171.33M info
HNVR
Feb 19, 2026, 4:45 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $21.98
Real-time Price: $23.94 info
Change: +$1.96 (+9%) info
Market Cap: $171.33M info
HNVR
Jan 29, 2026, 4:00 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $23.95
Real-time Price: $23.94 info
Change: -$0.0100 (-0.04%) info
Market Cap: $171.33M info