Hanover Bancorp slides show Q2 2026 EPS of $0.55 and a pending Minden acquisition
Hanover Bancorp furnished an investor presentation under Regulation FD for presentation to investors on September 10, 2026. The slides show Q2 2026 net income of $4.1 million and diluted EPS of $0.55, up from $1.9 million and $0.25 in the first quarter of 2026. A footnote says a pending acquisition of Minden is subject to regulatory approvals and Minden shareholder approval, and the filing gives no further detail on it.
Key points
- Q2 2026 net income was $4.1 million, versus $1.9 million in Q1 2026 and $2.4 million in Q2 2025.
- Q2 2026 diluted EPS was $0.55, versus $0.25 in Q1 2026 and $0.33 a year earlier; adjusted diluted EPS was $0.58.
- The Minden acquisition requires regulatory approvals and Minden shareholder approval; the private placement is not conditional on its closing.
- Non-accrual loans were $28.3 million at June 30, 2026, or 1.42% of total loans.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.