---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-012345"
form_type: "8-K"
ticker: "HNVR"
cik: "0001828588"
company_name: "Hanover Bancorp, Inc. /MD"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:51:55.382541+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hanover Bancorp Q3 net income $3.1M ($0.42 EPS) vs $5.3M a year ago; NIM compresses to 2.68%

## Summary
- Net interest income $13.5M, down 8.9% YoY; net interest margin 2.68% vs 4.05% a year ago.
- Loan portfolio grew to $1.82B, net increase of $36.1M linked quarter annualized 8.1%.
- Tangible book value per share $22.26, up from $21.00 at Sep 2022; total assets $2.12B.
- Declares $0.10 quarterly cash dividend payable Aug 16, 2023 to holders of record Aug 9.
- Hauppauge Business Banking Center opened in May; deposits >$17M, C&I loans ~$34M closed.

## SEC filing metadata
- accession: 0001558370-23-012345
- form_type: 8-K
- ticker: HNVR
- cik: 0001828588
- company_name: Hanover Bancorp, Inc. /MD
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828588/000155837023012345/0001558370-23-012345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828588/000155837023012345/hnvr-20230727x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-012345
- JSON: https://secwatch.observer/filing/0001558370-23-012345.json
- Plain text: https://secwatch.observer/filing/0001558370-23-012345.txt

## Key facts
- Earnings Releases
  Hanover Bancorp, Inc. /MD reported third fiscal quarter ended June 30, 2023 results: net income $3.1 million, EPS $0.42 per diluted share.
  - Period: third fiscal quarter ended June 30, 2023
  - Net income: $3.1 million
  - EPS: $0.42 per diluted share
  - Result: reported results
  source text: The Company reported net income for the quarter ended June 30, 2023 of $3.1 million or $0.42 per diluted share (including Series A preferred shares), versus $5.3 million or $0.80 per diluted share in the comparable period a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828588/000155837023012345/0001558370-23-012345-index.htm

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