secwatch.observer — SEC 8-K summary
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Issuer:     Hanover Bancorp, Inc. /MD (HNVR)
CIK:        0001828588
Form:       8-K
Filed at:   2026-07-23T20:00:11+00:00
Accession:  0001104659-26-086247
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanover Bancorp Q2 net income $4.1M ($0.55 EPS); NIM expands to 3.10%; declares $0.10 dividend
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- Net income $4.1M ($0.55 diluted EPS); adjusted net income $4.3M ($0.58 diluted EPS) vs $2.4M ($0.33) YoY.
- Net interest income record $16.8M, up 13.36% YoY; net interest margin 3.10% vs 2.76% YoY.
- Demand deposits record $254.3M, up 7.13% linked quarter; share repurchases 112,346 shares at $23.54.
- New President Kevin O'Connor effective July 27, 2026; quarterly dividend $0.10 payable Aug 13, 2026.
- Non-performing loans $28.3M (1.42% of loans) vs $24.6M linked quarter; provision $500K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828588/000110465926086247/0001104659-26-086247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828588/000110465926086247/hnvr-20260723x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-086247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer