Hanover Bancorp, Inc. Reports Third Fiscal Quarter Net Income of $5.3 million, Announces New Jersey Expansion and Plans for Long Island Expansion and Declares $0.10 Quarterly Cash Dividend
Hanover Bancorp, Inc. (HNVR)
Company Research
Source: GlobeNewswire
Third Fiscal Quarter Highlights Initial Public Offering: The Company completed its Initial Public Offering (“IPO”) and began trading on the Nasdaq Global Select Market under the symbol HNVR on May 11, 2022. Gross proceeds of $30.8 million (including underwriters’ overallotment option, which was exercised in full) were raised at an offering price of $21.00 per share.Net Income: Net income for the quarter ended June 30, 2022 totaled $5.3 million or $0.80 per diluted common share, versus $221 thousand or $0.05 per diluted common share in the same period a year ago. The Company recorded adjusted (non-GAAP) net income (excluding merger-related charges) of $5.5 million or $0.83 per diluted common share in the quarter ended June 30, 2022, versus adjusted (non-GAAP) net income of $3.3 million or $0.68 per diluted common share in the comparable 2021 quarter. The Company recorded net income for the nine months ended June 30, 2022 of $17.7 million or $2.92 per diluted common share, compared to
Show less
Read more
Impact Snapshot
Event Time:
HNVR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HNVR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HNVR alerts
High impacting Hanover Bancorp, Inc. news events
Weekly update
A roundup of the hottest topics
HNVR
News
- Hanover Bancorp, Inc. (HNVR) Surpasses Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Hanover Bancorp, Inc. Reports Earnings for the First Quarter with Increased Net Income and Net Interest Income and Strong Non-interest Income [Yahoo! Finance]Yahoo! Finance
- Hanover Bancorp, Inc. Reports Earnings for the First Quarter with Increased Net Income and Net Interest Income and Strong Non-interest IncomeGlobeNewswire
- Hanover Bancorp's (NASDAQ:HNVR) Dividend Will Be $0.10 [Yahoo! Finance]Yahoo! Finance
- Hanover Bancorp, Inc. (NASDAQ: HNVR) had its price target raised by analysts at Piper Sandler from $20.00 to $21.00. They now have an "overweight" rating on the stock.MarketBeat
HNVR
Earnings
- 1/24/24 - Beat
HNVR
Sec Filings
- 4/17/24 - Form 8-K
- 4/9/24 - Form 4
- 3/6/24 - Form 8-K
- HNVR's page on the SEC website