earnings
confidence high
sentiment positive
materiality 0.75
Hanover Bancorp Q2 net income $2.4M ($0.33 EPS) vs $0.8M a year ago; NIM expands to 2.76%
Hanover Bancorp, Inc. /MD
2025-Q2 EPS reported
$0.53
- Net income of $2.4M vs $0.8M in Q2 2024; diluted EPS $0.33 vs $0.11.
- Net interest margin increased to 2.76% from 2.68% linked quarter and 2.46% YoY.
- Demand deposits grew $28.1M (13%) from March 31, 2025; non-performing loans fell to $12.7M (0.64% of loans).
- Quarterly dividend of $0.10 per share declared; payable Aug 13, 2025 to holders of record Aug 6, 2025.
- Added to Russell 2000 Index in June 2025; opened tenth branch in Port Jefferson, NY.
item 2.02item 9.01