SequelSEC

Hanover Bancorp, Inc. /MD HNVR

State Commercial Banks · CIK 0001828588 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2025-12-31
Net income
$7.49M
Fiscal year ended 2025-12-31
Total assets
$2.38B
Fiscal year ended 2025-12-31

Hanover Bancorp, Inc. /MD (HNVR) reported net income of $7.49M for the fiscal year ended 2025-12-31. This page shows 6 annual periods of income statement, balance sheet and cash flow figures normalized from Hanover Bancorp, Inc. /MD’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

Hanover Bancorp, Inc. /MD income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-09-302022-09-302021-09-302020-09-30
RevenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$7.49M$12.35M$15.16M$23.56M$10.85M$4.97M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 7.26Mshares 7.19Mshares 7.12Mshares 6.16Mshares 4.66Mshares 4.23M
Pretax income$9.95M$16.38M$20.19M$30.50M$14.05M$6.21M
Income tax expense$2.47M$4.03M$5.02M$6.94M$3.20M$1.24M
Diluted EPS$1.00$1.66$2.05$3.68$2.28$1.18
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Hanover Bancorp, Inc. /MD balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-09-302022-09-302021-09-302020-09-30
Cash & equivalents$208.90M$162.86M$192.62M$149.95M$166.54M$80.21M
Total assets$2.38B$2.31B$2.15B$1.84B$1.48B$851.61M
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$2.18B$2.12B$1.96B$1.67B$1.36B$773.56M
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$200.27M$196.64M$185.91M$172.58M$122.53M$78.04M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$19.17M$19.17M$19.17M$19.17M$19.17M$1.90M
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

Hanover Bancorp, Inc. /MD cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-09-302022-09-302021-09-302020-09-30
Operating cash flow$13.05M$5.44M$16.40M$25.08M$13.19M$566.00K
Capital expenditures$869.00K$1.29M$3.41M$1.12M$2.08M$1.09M
Investing cash flow-$27.95M-$45.36M-$256.36M-$374.15M$89.85M-$7.29M
Financing cash flow$60.94M$25.57M$282.64M$332.47M-$16.71M-$898.00K
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Stock-based compensation$1.57M$1.59M$1.87M$1.68M$901.00K$766.00K
Common dividends paid$3.01M$2.96M$2.93M$2.04M$0Unavailable
Common share repurchases$1.83M$0UnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$1.80M$1.80M$1.60M$1.70M$1.40M$1.30M

Derived

Hanover Bancorp, Inc. /MD derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-09-302022-09-302021-09-302020-09-30
Free cash flow$12.18M$4.15M$12.99M$23.96M$11.11M-$527.00K
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate24.8%24.6%24.9%22.8%22.8%20.0%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HNVR in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-03-13View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-09View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.