Hanover Bancorp, Inc. /MD
About Hanover Bancorp, Inc. /MD
Hanover Bancorp Inc is a community commercial bank focused on providing personalized and efficient services and products tailored to local needs. The Bank offers a full range of financial services, including a complete suite of consumer, commercial, and municipal banking products such as multifamily and commercial mortgages, government-guaranteed loans, residential loans, business loans, and lines of credit. In addition, it provides customers with access to 24-hour ATM services with no fees, interest-bearing free checking accounts, telephone banking, mobile and internet banking solutions for both consumer and business clients, and safe deposit boxes.
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Financial summary
- Net income
- $7.5M
- Total assets
- $2.4B
- Market cap
- $168.9M
- Operating margin
- 7.6%
- Net margin
- 5.7%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $130.5M
- Operating expenses
- $120.5M
- Operating income
- $10.0M
- Income tax
- $2.5M
- Net income
- $7.5M
- EPS (basic)
- $1.01
- EPS (diluted)
- $1.00
Balance sheet
- Total assets
- $2.4B
- Current assets
- $2.4B
- Total liabilities
- $2.2B
- Current liabilities
- $2.2B
- Shareholders’ equity
- $200.3M
Cash flow
- Operating cash flow
- $13.1M
- Investing cash flow
- -$27.9M
- Financing cash flow
- $60.9M
- Net cash flow
- $46.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $168.9M
- P/E ratio
- 23.8
- EPS (diluted)
- $1.0
- Dividend yield
- 1.68%
- Shares outstanding
- 7.1M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- May 11, 2022
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $7.5M.
- Revenue grew 91% from FY2022 to FY2025.
- Trading near its 52-week high.
- Pays a dividend yielding about 1.68% annually.
- Valued at a price-to-earnings (P/E) ratio of 23.8.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Hanover Bancorp, Inc. /MD
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