| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 13.05 M USD | 5.90 M USD | 16.40 M USD | 25.05 M USD | 13.19 M USD | 566000 USD |
| Depreciation & Amortization | 2.01 M USD | 2.09 M USD | 1.81 M USD | 1.66 M USD | 1.44 M USD | 1.34 M USD |
| Stock-Based Compensation | 1.57 M USD | 1.59 M USD | 1.87 M USD | 1.68 M USD | 901000 USD | 766000 USD |
| Capital Expenditures | 869000 USD | 1.29 M USD | 3.41 M USD | 1.12 M USD | 2.08 M USD | 1.09 M USD |
| Cash Flow from Investing | -27.95 M USD | -45.82 M USD | -256.36 M USD | -374.15 M USD | 89.85 M USD | -7.29 M USD |
| Cash Flow from Financing | 60.94 M USD | 25.57 M USD | 282.64 M USD | 332.50 M USD | -16.71 M USD | -898000 USD |
| Dividends Paid | 3.01 M USD | 2.96 M USD | 2.93 M USD | 2.05 M USD | 0 USD | — |
| Stock Buybacks | 1.83 M USD | 0 USD | — | — | — | — |
| Free Cash Flow | 12.18 M USD | 4.61 M USD | 12.99 M USD | 23.93 M USD | 11.11 M USD | -527000 USD |
Hanover Bancorp Inc. is a bank holding company that provides a broad range of financial services primarily through its subsidiary, Hanover Community Bank. The institution focuses on delivering personalized banking solutions to individuals, small businesses, and commercial clients in its service regions. With an emphasis on community banking, Hanover Bancorp Inc. offers various products, including personal and business checking accounts, savings accounts, loans, and mortgages. The company's operations are rooted in its commitment to fostering local economic growth and providing high-quality, trustworthy financial advice. As a key player in the community banking sector, Hanover Bancorp Inc. plays an integral role in supporting neighborhood development and enabling access to essential banking services. Its strategic positioning allows it to respond to regional banking needs while contributing to the financial stability and vitality of the areas it serves.