secwatch.observer — SEC 8-K summary
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Issuer:     Hanover Bancorp, Inc. /MD (HNVR)
CIK:        0001828588
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0001558370-24-005224
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanover Bancorp Q1 net income rises 27.9% YoY to $4.1M; EPS $0.55
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- Net income $4.1M ($0.55 diluted EPS), up 27.9% YoY and 7.8% linked quarter.
- Non-interest income more than doubled YoY to ~$3.5M on record SBA gains.
- Loans grew to $2.01B (+9.9% annualized QoQ); NPAs 0.74%, ACL 0.99%.
- Core deposits $1.45B, up 5.1% from Dec 31; total deposits $1.92B.
- Dividend of $0.10/sh declared, payable May 15, 2024, record May 8, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828588/000155837024005224/0001558370-24-005224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828588/000155837024005224/hnvr-20240417x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-005224

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