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Hanover Bancorp reports Q3 2026 net income rise to $4.3M, strong loan growth, and declares $0.10 dividend

Company Fundamentals
28 Oct 2026, 15:00 WIB
GlobeNewsWire
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Bullish
Hanover Bancorp reports Q3 2026 net income rise to $4.3M, strong loan growth, and declares $0.10 dividend

Hanover Bancorp, Inc. reported a net income of $4.3 million for Q3 2026, up from $3.5 million in Q3 2025, driven by record net interest income and strong loan growth. Total assets reached $2.44 billion, with loans growing 4.34% from the previous quarter, fueled by niche-residential and commercial lending. The company improved profitability metrics and declared a $0.10 per share quarterly cash dividend. Expansion continues with a new full-service branch in Riverhead, NY, positioning Hanover for sustained growth in Long Island.

Hanover Bancorp, Inc. reported strong third quarter results including increased net interest income and loan growth. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 28, 2026 18:22 WIB: out of 142 priced US Financial stocks, 64 rose and 69 fell. Deutsche Bank AG (DB) traded at USD 33.18 with a 3.30% increase, CleanSpark Inc (CLSK) at USD 8.44 with 3.05% gain, and Riot Platforms Inc (RIOT) at USD 13.96 up 2.95%.

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