Hanover Bancorp, Inc. Reports Second Quarter 2026 Results Highlighted by Increased Net Interest Income and Margin Expansion Declares $0.10 Quarterly Cash Dividend
Mineola, NY – July 23, 2026 – Hanover Bancorp, Inc. (“Hanover” or “the Company” – NASDAQ: HNVR), the holding company for Hanover Community Bank (“the Bank”), today reported results for the quarter ended June 30, 2026 and the declaration of a $0.10 per share cash dividend on both common shares and Series A preferred shares payable on August 13, 2026 to stockholders of record on August 6, 2026.
“We are pleased to deliver solid second quarter results, highlighted by record net interest income and record demand deposits. By capitalizing on market opportunities and maintaining strict operating discipline, we achieved meaningful margin expansion and improved our core profitability metrics. Our ongoing commitment to share buybacks and dividends reflects our confidence in the Company’s financial strength and our dedication to delivering long-term shareholder returns. Further, we are excited to welcome Kevin O’Connor to the team. As we expand our Long Island footprint, his reputation in the community banking sector complements our growth strategies. We look forward to working together to increase market share in this underserved region.”