8-K current report · filed Apr 27, 2026

Hanover Bancorp, Inc. /MD (HNVR) 8-K Current Report: April 27, 2026

Item 2.02Item EX-99.1HNVR overview

Short answer

Hanover Bancorp, Inc. /MD (HNVR) filed an 8-K current report with the SEC on April 27, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 fiscal 2026 results covered three months ended March 31, 2026.

Hanover Bancorp, Inc. /MD 8-K event analysis

AI summary of each reported item and its exhibits

Item 2.02 · Results of Operations and Financial Condition

  • Q1 fiscal 2026 results covered three months ended March 31, 2026
  • Press release issued April 27, 2026 and furnished as Exhibit 99.1
  • Investors should review Exhibit 99.1 for earnings, asset quality, net interest margin, and capital details

Item EX-99.1 · Exhibit EX-99.1

  • Q1 2026 net income $1.9M, or $0.25 diluted EPS; adjusted net income $4.0M, or $0.54 EPS, after $2.1M severance
  • Net interest margin expanded to 2.96% from 2.68% year over year, driving net interest income up 11.85% to $16.4M
  • $35M subordinated notes issued at 7.25%, refinancing $25M of 8.54% notes and strengthening capital for growth
  • FHLB restructuring cut borrowing cost from 4.27% to 3.47%, saving approximately $40K monthly while improving funding flexibility
  • $0.10 quarterly dividend declared, payable May 18, 2026, supporting shareholder returns despite elevated credit risk monitoring

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