Hanover Bancorp, Inc. reported second quarter 2026 net income of $4.1 million or $0.55 per diluted share, an increase from $2.4 million or $0.33 per diluted share in the comparable 2025 quarter. Net interest income reached a record $16.8 million, and the company declared a $0.10 per share quarterly cash dividend payable on August 13, 2026. Hanover Bancorp, Inc. is a bank holding company providing consumer, commercial, and municipal banking services in the metro-New York area.

Hanover Bancorp, Inc. appointed Kevin O’Connor as President of the company and its subsidiary, Hanover Community Bank, effective July 27, 2026. Mr. O’Connor, formerly the Long Island Market President at Valley Bank and CEO of Dime Community Bank, will receive an annual base salary, incentive compensation, and an initial restricted stock award of 10,000 shares vesting over five years. The appointment is intended to drive regional growth and expansion in the Long Island market. The company is a bank holding company that operates a community commercial bank providing consumer, commercial, and municipal banking services.