Hanover Bancorp, INC. /Md (HNVR) — SEC Filings

Overview

Hanover Bancorp, INC. /Md (HNVR) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a D filed on Mar 26, 2026: Hanover Bancorp, Inc. /MD filed a Form D on March 26, 2026, indicating a notice of an exempt offering of securities. This filing, with SEC Accession No. 0001828588-26-000001, means the company is raising capital without having to register the offering with the SEC, often used for private placements.

Sentiment Summary

Across 32 filings, the sentiment breakdown is: 2 bearish, 29 neutral, 1 mixed. The dominant filing sentiment for Hanover Bancorp, INC. /Md is neutral.

Filing Type Overview

Hanover Bancorp, INC. /Md (HNVR) has filed 1 D, 19 8-K, 6 10-Q, 2 DEF 14A, 1 10-K/A, 1 10-K, 1 SC 13D, 1 SC 13G/A with the SEC between Jan 2024 to Mar 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (32)

• Hanover Bancorp Files Exempt Securities Offering Notice — D · Mar 26, 2026
  Hanover Bancorp, Inc. /MD filed a Form D on March 26, 2026, indicating a notice of an exempt offering of securities. This filing, with SEC Accession No. 0001828
• 8-K Filing — 8-K · Nov 12, 2025
• Hanover Bancorp's Net Income Dips Amid Rising Credit Provisions — 10-Q · Nov 7, 2025 Risk: medium
  Hanover Bancorp, Inc. (HNVR) reported a net income of $3.49 million for the three months ended September 30, 2025, a slight decrease from $3.54 million in the s
• Hanover Bancorp Files 8-K on Financials — 8-K · Oct 30, 2025 Risk: low
  Hanover Bancorp, Inc. filed an 8-K on October 30, 2025, reporting on its results of operations and financial condition. The filing includes financial statements
• Hanover Bancorp Files 8-K — 8-K · Sep 4, 2025 Risk: low
  Hanover Bancorp, Inc. filed an 8-K on September 4, 2025, to report on financial statements and exhibits, as well as a Regulation FD Disclosure. The filing does
• Hanover Bancorp Swings to $7.2M Loss on Soaring Credit Provisions — 10-Q · Aug 8, 2025 Risk: high
  Hanover Bancorp, Inc. (HNVR) reported a net loss of $7.2 million for the three months ended June 30, 2025, a significant decline from a net income of $5.3 milli
• Hanover Bancorp Files 8-K on Financials — 8-K · Jul 23, 2025 Risk: low
  Hanover Bancorp, Inc. filed an 8-K on July 23, 2025, reporting on its results of operations and financial condition. The filing includes financial statements an
• Hanover Bancorp Files 8-K on Material Agreements & Acquisitions — 8-K · Jun 27, 2025 Risk: medium
  On June 25, 2025, Hanover Bancorp, Inc. filed an 8-K report detailing several material events. These include entering into a material definitive agreement, the
• Hanover Bancorp Files 8-K with Financial Exhibits — 8-K · Jun 18, 2025 Risk: low
  On June 18, 2025, Hanover Bancorp, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating a routine update or dis
• Hanover Bancorp Q1 2025: Assets $715M, Liabilities $723M — 10-Q · May 9, 2025 Risk: medium
  Hanover Bancorp, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $715,212,700 and total liabilities of $722,873,1
• Hanover Bancorp Files 8-K on Security Holder Vote — 8-K · May 1, 2025 Risk: low
  Hanover Bancorp, Inc. reported on April 30, 2025, that it submitted matters to a vote of its security holders. The filing does not disclose the specific matters
• Hanover Bancorp Files 8-K on Financials — 8-K · Apr 23, 2025 Risk: low
  Hanover Bancorp, Inc. (HNVR) filed an 8-K on April 23, 2025, reporting on its results of operations and financial condition. The filing includes financial state
• Hanover Bancorp Files 2025 Proxy Statement — DEF 14A · Mar 26, 2025 Risk: low
  Hanover Bancorp, Inc. filed its definitive proxy statement (DEF 14A) on March 26, 2025, for its annual meeting on April 30, 2025. The filing outlines the compan
• Hanover Bancorp Files 2024 10-K Amendment — 10-K/A · Mar 25, 2025 Risk: low
  Hanover Bancorp, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2024. The filing, submitted on March 25, 2025, per
• Hanover Bancorp Files 2024 10-K — 10-K · Mar 14, 2025 Risk: low
  Hanover Bancorp, Inc. filed its 2024 10-K on March 14, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company, a co
• Hanover Bancorp Files 8-K — 8-K · Feb 25, 2025 Risk: low
  Hanover Bancorp, Inc. (HNVR) filed an 8-K on February 25, 2025, reporting on financial statements and exhibits. The filing does not disclose specific financial
• Hanover Bancorp Files 8-K on Financials — 8-K · Jan 29, 2025 Risk: low
  Hanover Bancorp, Inc. /NY filed an 8-K on January 29, 2025, reporting on its results of operations and financial condition. The filing includes financial statem
• Hanover Bancorp Q3 2024 Financials Released — 10-Q · Nov 13, 2024 Risk: low
  Hanover Bancorp, Inc. reported its financial results for the period ending September 30, 2024. The company's retained earnings stood at $719,501,200, and its pr
• Hanover Bancorp Files 8-K on Financials — 8-K · Oct 23, 2024 Risk: low
  Hanover Bancorp, Inc. /NY filed an 8-K on October 23, 2024, reporting on its results of operations and financial condition. The filing includes financial statem
• Hanover Bancorp Names New Directors, Updates Exec Pay — 8-K · Sep 26, 2024 Risk: low
  Hanover Bancorp, Inc. announced on September 25, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new d
• Castle Creek Capital Takes Stake in Hanover Bancorp — SC 13D · Aug 26, 2024 Risk: medium
  Castle Creek Capital Partners VIII, LP, a Delaware-based entity, has filed a Schedule 13D on August 26, 2024, indicating a change in beneficial ownership of Han
• Hanover Bancorp Q2 2024: Assets $719.5M, Liabilities $71.3M — 10-Q · Aug 13, 2024 Risk: low
  Hanover Bancorp, Inc. reported its financial results for the period ending June 30, 2024. The company's total assets were $719,501,200 and total liabilities wer
• Hanover Bancorp Files 8-K on Financials — 8-K · Jul 24, 2024 Risk: low
  Hanover Bancorp, Inc. (HNVR) filed an 8-K on July 24, 2024, reporting on its results of operations and financial condition. The filing includes financial statem
• Hanover Bancorp Appoints New CFO, O'Connell — 8-K · Jul 22, 2024 Risk: medium
  Hanover Bancorp, Inc. announced on July 18, 2024, the appointment of Brian J. O'Connell as Chief Financial Officer, effective August 5, 2024. O'Connell will rec
• Hanover Bancorp to Acquire Sterling Bancorp — 8-K · Jun 20, 2024 Risk: medium
  Hanover Bancorp, Inc. announced on June 20, 2024, that it has entered into a definitive agreement to acquire substantially all of the assets and assume substant
• Hanover Bancorp, Inc. Files 10-Q for Period Ending March 31, 2024 — 10-Q · May 14, 2024 Risk: low
  Hanover Bancorp, Inc. /NY (HNVR) filed a Quarterly Report (10-Q) with the SEC on May 14, 2024. Hanover Bancorp, Inc. filed a 10-Q report for the period ending M
• Hanover Bancorp Files 8-K with Material Agreement — 8-K · Apr 26, 2024 Risk: medium
  On April 25, 2024, Hanover Bancorp, Inc. entered into a material definitive agreement. The company also filed amendments to its articles of incorporation or byl
• Hanover Bancorp Files 8-K on Financials — 8-K · Apr 17, 2024 Risk: low
  Hanover Bancorp, Inc. (HNVR) filed an 8-K on April 17, 2024, reporting on its results of operations and financial condition. The filing includes financial state
• Hanover Bancorp Reports Shareholder Vote Matters — 8-K · Mar 6, 2024 Risk: low
  Hanover Bancorp, Inc. (HNVR) filed an 8-K on March 5, 2024, to report on matters submitted to a vote of its security holders. The filing does not contain specif
• SC 13G/A Filing — SC 13G/A · Feb 14, 2024
• Hanover Bancorp Announces Annual Meeting and Key Proposals — DEF 14A · Feb 9, 2024 Risk: low
  Hanover Bancorp, Inc. /NY (HNVR) filed a Proxy Statement (DEF 14A) with the SEC on February 9, 2024. Annual Meeting scheduled for March 5, 2024, conducted virtu
• Hanover Bancorp Files 8-K on Financial Results & Condition — 8-K · Jan 24, 2024
  Hanover Bancorp, Inc. /NY filed an 8-K on January 24, 2024, to report its financial results and condition. This filing, under Item 2.02 and Item 9.01, indicates

Risk Profile

Risk Assessment: Of HNVR's 28 recent filings, 1 were flagged as high-risk, 7 as medium-risk, and 20 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Hanover Bancorp, INC. /Md's most recent 10-Q filing (Nov 7, 2025):

• Revenue: $47.27M
• Net Income: $3.49M
• EPS: $0.47
• Debt-to-Equity: 1.05
• Cash Position: $167.57M
• Operating Margin: N/A
• Total Assets: $2.33B
• Total Debt: $125.45M

Key Executives

• Michael J. DeLuca
• Robert J. K. Smith
• Michael P. Barry
• Brian J. Mcnally
• Brian J. O'Connell
• Michael P. D'Ambrosio

Industry Context

Hanover Bancorp operates in the highly competitive U.S. banking sector, characterized by evolving customer expectations, technological advancements, and a dynamic interest rate environment. Community banks like HNVR often focus on relationship-based lending and deposit gathering within specific geographic markets. The industry is facing pressure from fintech competitors and consolidation trends, requiring continuous investment in technology and operational efficiency to maintain market share and profitability.

Top Tags

financials (6) · financial-reporting (5) · 8-k (3) · financial-statements (3) · 8-K (3) · Regional Banking (2) · Financial Performance (2) · material-agreement (2) · acquisition (2) · corporate-action (2)

Key Numbers

• Net Income (Q3 2025): $3.49M — Slight decrease from $3.54M in Q3 2024
• Net Income (9M 2025): $7.46M — Decreased 11.6% from $8.44M in 9M 2024
• Net Interest Income (Q3 2025): $15.22M — Increased 16.2% from $13.10M in Q3 2024
• Provision for Credit Losses (Q3 2025): $1.33M — Significantly increased from $200K in Q3 2024
• Conversion Expenses (9M 2025): $3.18M — Non-recurring expenses for FIS Horizon system
• Total Assets (Sep 30, 2025): $2.33B — Increased from $2.31B at Dec 31, 2024
• Total Deposits (Sep 30, 2025): $1.97B — Increased from $1.95B at Dec 31, 2024
• Basic EPS (Q3 2025): $0.47 — Slight decrease from $0.48 in Q3 2024
• Basic EPS (9M 2025): $1.00 — Decreased from $1.14 in 9M 2024
• SEC File Number: 001-41384 — Identifier for the company's filings
• IRS Employer Identification No.: 81-3324480 — Tax identification number for the company
• Net Loss: $7.2M — Swung from $5.3M net income in prior year, indicating significant financial deterioration.
• Provision for Credit Losses: $12.5M — Increased from $1.8M year-over-year, highlighting rising concerns about loan quality.
• Net Interest Income: $22.1M — Decreased by 8.5% from $24.2M, reflecting pressure on core banking profitability.
• Total Assets: $2.75B — Relatively stable compared to $2.72B at year-end 2024, but asset quality is a concern.

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