Hanover Bancorp, Inc. Reports Third Quarter 2025 Results and Declares $0.10 Quarterly Cash Dividend
Mineola, NY – October 30, 2025 – 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 September 30, 2025 and the declaration of a $0.10 per
share cash dividend on both common and Series A preferred shares payable on November 20,
2025 to stockholders of record on November 13, 2025.
“Our third quarter performance reflects positive notes, including increased
Pre-Provision Net Revenue of $6.0 million driven by an increase in net interest income and lower operating expenses. Continuing performance should be positively influenced by further Federal Open Market Committee (“FOMC”) rate decreases and an improved yield curve, positively impacting our liability sensitive balance sheet and potentially increasing lending opportunities. With our continued development of hi-tech branches in key markets, such as Hauppauge, Port Jefferson and others coming soon, supported by local, relationship-based Business Development Officers, we are growing market share in an effort to drive increased shareholder value.”