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Hanover Bancorp, Inc. Reports Second Quarter 2025 Results Highlighted by Strong Demand Deposit Growth, Continued Margin Expansion and Its Inclusion in the Russell 2000 Index
GlobeNewswire News Room·2025-07-24 04:00

Second Quarter Performance Highlights Net Income: Net income for the quarter ended June 30, 2025 totaled 2.4 millionor2.4 million or 0.33 per diluted share (including Series A preferred shares).Pre-Provision Net Revenue: Pre-provision net revenue was 5.7 millionresultinginareturnonaverageassetsof1.045.7 million resulting in a return on average assets of 1.04% for the quarter ended June 30, 2025 which was the highest level since the first quarter of 2023.Net Interest Income: Net interest income was 14.8 million for the quarter ended June 30, 2025, an increase of $0. ...