---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014419"
form_type: "8-K"
ticker: "HNVR"
cik: "0001828588"
company_name: "Hanover Bancorp, Inc. /MD"
filed_at: "2022-09-15T23:59:59+00:00"
generated_at: "2026-06-23T09:29:41.464695+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hanover Bancorp assets grow to $1.61B; net income $17.7M for 9 months to June 2022

## Summary
- Net income of $17.7M for 9 months ended 6/30/22; adjusted net income $17.9M.
- Total assets $1.61B, total net loans $1.405B; tangible common equity $148M.
- Net interest margin 4.23%; adjusted ROAA 1.63%; adjusted ROATCE 20.4%.
- Tangible book value per share $20.26; initiated $0.10 quarterly dividend in Feb 2022.
- Completed IPO in May 2022 issuing 1.47M shares at $21.00; opened new branch in Suffolk County.

## SEC filing metadata
- accession: 0001558370-22-014419
- form_type: 8-K
- ticker: HNVR
- cik: 0001828588
- company_name: Hanover Bancorp, Inc. /MD
- filed_at: 2022-09-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828588/000155837022014419/0001558370-22-014419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828588/000155837022014419/hovb-20220915x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014419
- JSON: https://secwatch.observer/filing/0001558370-22-014419.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014419.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.