Hanover Bancorp Q4 Net Income Drops 99% to USD 0.03 Million

Reuters

Jan 30

Hanover Bancorp Q4 Net Income Drops 99% to USD 0.03 Million

Hanover Bancorp Inc. reported net income of USD 0.03 million for the fourth quarter (Q4) ended December 31, 2025, after accounting for a USD 6.1 million provision for credit losses. Pre-provision net revenue (non-GAAP) for the quarter was USD 6.2 million, representing 1.08 percent of average assets, marking the highest level since the fourth quarter of 2022. The company’s financial results include non-GAAP measures, which are used alongside U.S. GAAP figures to provide additional insight into performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hanover Bancorp Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9645660) on January 29, 2026, and is solely responsible for the information contained therein.

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