Appointed
Michael Thaden
director
HNVR ·
Hanover Bancorp, Inc. /MD
appointed Michael Thaden as a director of the Company, effective immediately.
Ready 8-Ks
22
Latest filing
June 1, 2026, 4:00 PM ET
Top materiality
0.80
Event mix
earnings ×9 · m_and_a ×4 · other_material ×3
Sentiment
8 pos · 2 neg · 12 neu
Latest earnings
reported 2026-Q1
Executive change
recent →
Recent 8-K filings for HNVR
Highest-materiality recent filing
Hanover Bancorp Q1 2025 adj. EPS $0.55 vs $0.55 YoY; NIM expands to 2.68%
- Net income $1.5M ($0.20 diluted); adjusted net income $4.1M ($0.55 diluted) excluding $2.6M core system conversion costs.
- Net interest income $14.6M, +13.1% YoY; net interest margin 2.68% vs 2.41% a year ago.
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Shareholders elect three directors, approve equity plan, ratify auditor at annual meeting
Directors Michael Katz, John R. Sorrenti, Philip Okun elected to three-year terms; votes 4.6M-4.8M for, 56k-184k withheld.
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Hanover Bancorp Q1 net income $1.9M; adj. EPS $0.54; margin expands to 2.96%
Net income $1.9M ($0.25 diluted); adj. net income $4.0M ($0.54), excl. $2.1M severance.
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Hanover Bancorp raises $35M through subordinated notes, refinances existing debt
Issued $35M fixed-to-floating subordinated notes due 2036 at 7.25% fixed rate until March 2031 then SOFR+386bps.
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President McClelland Wilcox to depart March 31; CEO Puorro named President
President McClelland Wilcox leaving March 31, 2026 as part of management restructuring.
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Hanover Bancorp Q4 net income sinks to $33K; pre-provision net revenue hits highest since 2022
Net income $33K (after $6.1M provision) vs $3.9M YoY; full-year net income $7.5M vs $12.3M.
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Hanover Bancorp presents investor materials on proposed Minden acquisition and private placement
Acquisition of Minden subject to regulatory approvals, Minden shareholder approval, and customary conditions.
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Hanover Bancorp Q3 net income $3.5M ($0.47/diluted); NIM expands to 2.74%
Q3 net income $3.5M vs $2.4M linked quarter; diluted EPS $0.47 vs $0.33 linked.
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Hanover Bancorp investor presentation discusses acquisition of Minden and private placement
Presentation filed Sept 4, 2025, cites pending acquisition of Minden (target undisclosed) subject to regulatory and shareholder approval.
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Hanover Bancorp Q2 net income $2.4M ($0.33 EPS) vs $0.8M a year ago; NIM expands to 2.76%
Net income of $2.4M vs $0.8M in Q2 2024; diluted EPS $0.33 vs $0.11.
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Hanover Bancorp completes reincorporation from New York to Maryland effective June 25, 2025
Merger of NY corp into wholly owned MD subsidiary completed June 25; shares convert 1-for-1.
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Hanover Bancorp proposes acquisition of Minden; private placement also planned
Pending acquisition of Minden disclosed in investor presentation; requires shareholder and regulatory approvals.
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Michael P. Puorro, Metin Negrin, Elena Sisti, Michael Thaden elected to three-year terms; broker non-votes 586,985.
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Hanover Bancorp Q1 2025 adj. EPS $0.55 vs $0.55 YoY; NIM expands to 2.68%
Net income $1.5M ($0.20 diluted); adjusted net income $4.1M ($0.55 diluted) excluding $2.6M core system conversion costs.
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Hanover Bancorp files investor presentation; no substantive new data in excerpt
Investor presentation scheduled for February 25, 2025, with slides furnished as Exhibit 99.1.
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Hanover Bancorp Q4 net income $3.9M, margin expands to 2.53%; declares $0.10 dividend
Q4 net income $3.9M ($0.52 diluted EPS), up from $3.8M ($0.51) YoY; FY net income $12.3M ($1.66) vs $13.6M ($1.84).
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Hanover Bancorp Q3 net income flat at $3.5M; adjusted EPS $0.50, up from $0.38 YoY
Net income $3.5M ($0.48 diluted EPS); adjusted net income $3.7M ($0.50 diluted EPS).
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Hanover Bancorp appoints Michael Thaden as director, Castle Creek designee
Michael Thaden appointed to board effective Sept. 25, 2024; term expires at 2025 annual meeting.
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Net income $0.8M, diluted EPS $0.11 vs $4.1M ($0.55) prior Q and $3.1M ($0.42) year ago.
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Hanover Bancorp enters into 3-year employment agreement with CFO Lance Burke
Lance Burke, CFO, gets $350k base salary, $800/mo auto allowance, subject to annual review.
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Hanover Bancorp presents investor deck on pending acquisition of Minden
Acquisition of Minden requires regulatory approvals and Minden shareholder approval; private placement not conditional on deal.
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Hanover Bancorp issues 125K Series A Preferred to Castle Creek in exchange for common shares
Castle Creek exchanges 125,000 common shares for 125,000 new Series A Convertible Perpetual Preferred shares; authorized shares increased to 450,000.
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Hanover Bancorp Q1 net income rises 27.9% YoY to $4.1M; EPS $0.55
Net income $4.1M ($0.55 diluted EPS), up 27.9% YoY and 7.8% linked quarter.
Executive changes
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.80 · Median 0.62 · Most common event earnings