earnings
confidence high
sentiment positive
materiality 0.70
Hanover Bancorp Q3 net income $5.8M ($0.79 EPS), declares $0.10 dividend
Hanover Bancorp, Inc. /MD
2022-FY EPS reported
$3.68
- Net income $5.8M ($0.79 diluted EPS) vs $7.1M ($1.25) YoY; adjusted net income $5.4M ($0.74).
- Fiscal year 2022 net income $23.6M ($3.68 EPS) vs $10.9M ($2.28); adjusted $23.8M ($3.71).
- Net interest margin 4.04% (3.93% ex-accretion); assets grew to $1.84B vs $1.48B a year ago.
- Loan growth ex-PPP $217.9M (62.5% annualized linked quarter); loan pipeline ~$315M.
- Tangible book value per share $21.00 (up 13.6% YoY); quarterly dividend $0.10 payable Nov 15.