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Hanover Bancorp Q2 2023 Earnings Report

Hanover Bancorp logo
$24.25 -0.83 (-3.31%)
As of 02/21/2025 04:00 PM Eastern

Hanover Bancorp EPS Results

Actual EPS
$0.48
Consensus EPS
$0.63
Beat/Miss
Missed by -$0.15
One Year Ago EPS
N/A

Hanover Bancorp Revenue Results

Actual Revenue
$15.68 million
Expected Revenue
$16.40 million
Beat/Miss
Missed by -$720.00 thousand
YoY Revenue Growth
N/A

Hanover Bancorp Announcement Details

Quarter
Q2 2023
Time
N/A

Hanover Bancorp Earnings Headlines

America cannot power AI
There’s a fatal flaw at the heart of the AI revolution… With AI continuing to explode in popularity, tech companies are all scrambling to build hundreds of new mega data centers to keep up with the demand for training and using new AI models. But that’s where the problem is. I call it “The AI Keystone”.
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About Hanover Bancorp

Hanover Bancorp (NASDAQ:HNVR), a bank holding company for Hanover Community Bank, provides personal and business lending and deposit services to businesses, municipalities, and individuals in the New York metro area. The company offers checking, credit cards, debit cards, money market, savings, government and municipal banking, and professional services, as well as time deposits, including certificate of deposit and individual retirement accounts. It also provides business loans, commercial real estate financing, small business administration, lending directory services, and residential mortgage. In addition, the company offers cash management, online and mobile banking, merchant services, and digital solutions. Its banking offices are located in Nassau, Suffolk, Queens, Kings, New York Counties, New York, Monmouth County, Freehold, and New Jersey. The company was founded in 2008 and is headquartered in Mineola, New York.

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