secwatch.observer — SEC 8-K summary
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Issuer:     Hanover Bancorp, Inc. /MD (HNVR)
CIK:        0001828588
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001558370-25-009443
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanover Bancorp Q2 net income $2.4M ($0.33 EPS) vs $0.8M a year ago; NIM expands to 2.76%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828588/000155837025009443/0001558370-25-009443-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828588/000155837025009443/hnvr-20250723x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-009443

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