earnings
confidence high
sentiment positive
materiality 0.65
Hanover Bancorp Q3 net income $3.5M ($0.47/diluted); NIM expands to 2.74%
Hanover Bancorp, Inc. /MD
2025-Q3 EPS reported
$1.00
- Q3 net income $3.5M vs $2.4M linked quarter; diluted EPS $0.47 vs $0.33 linked.
- Net interest margin widened to 2.74% from 2.37% a year ago; Sept monthly NIM 2.83%.
- Pre-provision net revenue $6.0M (1.05% ROAA), highest since Q1 2023.
- Deposits up $20.5M from Dec 2024; demand deposits rose 10.08%, driven by C&I and municipal verticals.
- Board declared $0.10/share cash dividend on common and Series A preferred, payable Nov 20 to holders of record Nov 13.