---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013515"
form_type: "8-K"
ticker: "HNVR"
cik: "0001828588"
company_name: "Hanover Bancorp, Inc. /MD"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:09:44.291672+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hanover Bancorp Q3 net income flat at $3.5M; adjusted EPS $0.50, up from $0.38 YoY

## Summary
- Net income $3.5M ($0.48 diluted EPS); adjusted net income $3.7M ($0.50 diluted EPS).
- Record non-interest income $4.0M, up 9.17% QoQ and 6.66% YoY.
- Net interest margin improved to 2.37% from 2.29% YoY; net interest income $13.1M, up 11.04% YoY.
- SBA loan sale gains $2.4M, up 63.83% YoY; total SBA loans sold $27.1M.
- Tangible book value per share $23.28 vs $22.51 at Dec 31; dividend $0.10 per share payable Nov 13.

## SEC filing metadata
- accession: 0001558370-24-013515
- form_type: 8-K
- ticker: HNVR
- cik: 0001828588
- company_name: Hanover Bancorp, Inc. /MD
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1828588/000155837024013515/0001558370-24-013515-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828588/000155837024013515/hnvr-20241023x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013515
- JSON: https://secwatch.observer/filing/0001558370-24-013515.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013515.txt

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