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Companies / Financials / Hanover Bancorp, Inc.
HNVR

Hanover Bancorp, Inc.

FinancialsBanks & Brokers
Ticker HNVRMINEOLA, NYFiscal year ends DecemberBook value per share $28.23Diluted shares 7.2M

Hanover Bancorp, Inc. (Nasdaq: HNVR) is the holding company for Hanover Community Bank, a New York-chartered community commercial bank serving consumers, businesses and municipalities across the New York metropolitan area. It provides deposit accounts and personal and business lending, including residential mortgages,… From the company’s description.

Over the twelve months to Sep 30, 2026, Hanover Bancorp, Inc. reported revenue of $76.55M, up 5.3% from a year earlier, and net income of $10.32M. Its pre-tax margin was 18.7%. In fiscal 2025, it reported revenue of $73.32M, up 7.1% from fiscal 2024, and net income of $7.49M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$73.32MFY2025
+7.1% year over year
Last 12 mo $76.55M
13.58%FY2025
−10.4 percentage points
Last 12 mo 18.69%
$7.49MFY2025
−39.3% year over year
Last 12 mo $10.32M
3.74%FY2025
−2.5 percentage points
Last 12 mo 5.09%
Cash & financing
$13.05MFY2025
+121.2% year over year
Last 12 mo $39.15M
$12.18MFY2025
+164.4% year over year
Last 12 mo $38.02M
10.75FY2025
Was 10.61× a year earlier
Last 12 mo 10.87
7.3MFY2025
+1.1% year over year
Last 12 mo 7.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Hanover Bancorp, Inc. does

In the company’s own words

Hanover Bancorp, Inc. (Nasdaq: HNVR) is the holding company for Hanover Community Bank, a New York-chartered community commercial bank serving consumers, businesses and municipalities across the New York metropolitan area. It provides deposit accounts and personal and business lending, including residential mortgages, commercial real estate and commercial and industrial loans, as well as SBA and USDA-guaranteed loans. Its residential mortgage business focuses on non-conforming loans, while commercial lending serves small and medium-sized businesses; the bank also offers banking services to the licensed cannabis industry. Municipal banking is an important source of deposits, serving public entities such as counties, cities, towns and school districts. The bank operates offices in New York’s Nassau, Suffolk, Queens, Brooklyn and Manhattan counties and in Monmouth County, New Jersey. It had $2.38 billion in total assets and 194 full-time employees as of December 31, 2025. Its history includes acquisitions of Chinatown Federal Savings Bank in 2019 and Savoy Bank in 2021, which expanded its New York City presence and small-business banking capabilities. Its website is http://www.hanoverbank.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
MINEOLA, NY
Fiscal year end
December
CIK
1828588
SIC
6022

Financial performance, year by year

Fiscal 2021–2025 · USD
$-7.65M$15.31M$38.27M$61.24M$84.20M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Hanover Bancorp, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

95
funds hold it
0 of 35
superinvestors hold it
$15.67M
held by funds, at market
9.6%
of shares held by funds

Largest fund holders · Hanover Bancorp, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.01%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Hanover Bancorp, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Hanover Bancorp, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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