Hanover Bancorp, Inc. /MD
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 09/30/23 | FY 09/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | — | $50.6M | $7.2M |
| Pretax income | $10.0M | $16.4M | — | $20.2M | $30.5M |
| Income tax expense | $2.5M | $4.0M | — | $5.0M | $6.9M |
| Net income | $7.5M | $12.3M | — | $15.2M | $23.6M |
| Balance Sheet | |||||
| Cash and equivalents | $208.9M | $162.9M | $177.2M | $192.6M | $149.9M |
| Total assets | $2.4B | $2.3B | $2.3B | $2.1B | $1.8B |
| Total liabilities | $2.2B | $2.1B | $2.1B | $2.0B | $1.7B |
| Stockholders' equity | $200.3M | $196.6M | $184.8M | $185.9M | $172.6M |
| Cash Flow Statement | |||||
| Cash from operations | $13.1M | $5.4M | — | $16.4M | $25.1M |
| Depreciation and amortization | $2.0M | $2.1M | — | $1.8M | $1.7M |
| Stock-based compensation | $1.6M | $1.6M | — | $1.9M | $1.7M |
| Capital expenditure | $869,000 | $1.3M | — | $3.4M | $1.1M |
| Free cash flow | $12.2M | $4.1M | — | $13.0M | $24.0M |
| Dividends paid | $3.0M | $3.0M | — | $2.9M | $2.0M |
| Share repurchases | $1.8M | $0 | — | — | — |
Shares outstanding 7.2M · Free float 52.1%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.