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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›HNVR›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Hanover Bancorp, Inc. /MD (HNVR) financials

Income statement

Hanover Bancorp, Inc. /MD (HNVR) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Net income$4.97M$10.9M$23.6M$15.2M$12.3M$7.49M
EPS (diluted)$1.18$2.28$3.68$2.05$1.66$1.00

Cash flow

Hanover Bancorp, Inc. /MD (HNVR) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$566K$13.2M$25.1M$16.4M$5.44M$13.1M
Capital expenditures$1.09M$2.08M$1.12M$3.41M$1.29M$869K
Free cash flow-$527K$11.1M$24.0M$13.0M$4.15M$12.2M
Share buybacks————$0.00$1.83M
Dividends paid—$0.00$2.04M$2.93M$2.96M$3.01M

Balance sheet

Hanover Bancorp, Inc. /MD (HNVR) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$80.2M$167M$150M$193M$163M$209M
Total assets$852M$1.48B$1.84B$2.15B$2.31B$2.38B
Total liabilities$774M$1.36B$1.67B$1.96B$2.12B$2.18B
Shareholders' equity$78.0M$123M$173M$185M$197M$200M
Retained earnings$14.1M$25.0M$46.5M$58.7M$67.9M$72.4M
Shares (wtd avg diluted)4.23M4.66M6.16M7.12M7.19M7.26M

Every figure is extracted from Hanover Bancorp, Inc. /MD’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Hanover Bancorp, Inc. /MD's free cash flow?
$12.2M in FY2025 (operating cash flow $13.1M minus $869K of capital expenditures), from the SEC cash-flow statement.
Does HNVR pay a dividend?
Yes — Hanover Bancorp, Inc. /MD paid $3.01M in cash dividends during FY2025, per its SEC cash-flow statement.
Full HNVR analysis — verdict, score & filings →Is HNVR a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.