{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-016779","form_type":"8-K","ticker":"HNVR","cik":"0001828588","company_name":"Hanover Bancorp, Inc. /MD","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.810534+00:00","generated_at":"2026-06-09T08:47:53.242765+00:00","sec_items":["2.02","5.03","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hanover Bancorp Q3 net income $3.5M, EPS $0.48; fiscal year changes to calendar","bullets":["Net income of $3.5M ($0.48 diluted EPS) for quarter ended Sep 30, 2023, vs $5.8M ($0.79) a year ago.","Net interest margin narrowed to 2.29% from 4.04% YoY, driven by higher deposit costs and increased liquidity.","Deposits grew $141.4M (8.9%) from June 30; undrawn liquidity was 204% of uninsured deposits.","Board declared $0.10 quarterly cash dividend payable Nov 15, 2023; authorized repurchase of up to 366,050 shares.","Fiscal year end changed from Sep 30 to Dec 31; transition stub period Oct–Dec 2023 to be reported."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-016779","json":"https://secwatch.observer/filing/0001558370-23-016779.json","markdown":"https://secwatch.observer/filing/0001558370-23-016779.md","text":"https://secwatch.observer/filing/0001558370-23-016779.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828588/000155837023016779/0001558370-23-016779-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828588/000155837023016779/hnvr-20231026x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:47:53.242765+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"42dc091da7204a79d0768f88dffb62cd67b721ee","claim":"Hanover Bancorp, Inc. /MD reported the fiscal year ended September 30, 2023 results: net income $15.2 million, EPS $2.05 per diluted share.","evidence_excerpt":"The Company recorded net income for the fiscal year ended September 30, 2023 of $15.2 million or $2.05 per diluted share, compared to $23.6 million or $3.68 per diluted share in the comparable 2022 fiscal year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828588/000155837023016779/0001558370-23-016779-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended September 30, 2023"},{"label":"Net income","value":"$15.2 million"},{"label":"EPS","value":"$2.05 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d4bc653d336ab12907184a7d5761dea8d67b296b","claim":"Hanover Bancorp, Inc. /MD reported the quarter ended September 30, 2023 results: net income $3.5 million, EPS $0.48 per diluted share (including Series A preferred shares).","evidence_excerpt":"The Company reported net income for the quarter ended September 30, 2023 of $3.5 million or $0.48 per diluted share (including Series A preferred shares)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828588/000155837023016779/0001558370-23-016779-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Net income","value":"$3.5 million"},{"label":"EPS","value":"$0.48 per diluted share (including Series A preferred shares)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d71674a84575bdea33abd60dfc79549b26bf6ea2","claim":"Hanover Bancorp, Inc. /MD: Changed fiscal year end from September 30 to December 31, with a transition report for the stub period ending December 31, 2023 and first full fiscal year ending December 31, 2024 (effective 2023-10-25).","evidence_excerpt":"On October 25, 2023, the Board of Directors of the Company approved a change in the Company’s fiscal year end from September 30 to December 31. As a result of this change, the Company will file a transition report on Form 10-Q for the three-month period ending December 31, 2023 (Stub Period). The Company’s first full calendar fiscal year resulting from the change will be the year ended December 31, 2024.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828588/000155837023016779/0001558370-23-016779-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"fiscal year change"},{"label":"Effective","value":"2023-10-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}