Hanover Bancorp, Inc. Reports 2024 Full Year And Fourth Quarter Results Highlighted by Fourth Quarter Robust Margin Expansion and Record Non-interest Income
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Hanover Bancorp, Inc. reported strong financial results for the fourth quarter of 2024, with significant margin expansion and record non-interest income. The company achieved a net income of $3.9 million, or $0.52 per diluted share, and a record non-interest income of $4.2 million, marking a 5.89% increase from the previous quarter and a 28.67% increase from the same quarter last year.
January 29, 2025 | 12:45 pm
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Hanover Bancorp, Inc. reported a strong fourth quarter with net income of $3.9 million and record non-interest income of $4.2 million, showing significant growth compared to previous periods.
The strong financial performance, including a significant increase in non-interest income and net income, suggests positive investor sentiment and potential upward movement in Hanover Bancorp's stock price.
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