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Annual · values202520242023202220212020
Operating Cash Flow13.05 M USD5.90 M USD16.40 M USD25.05 M USD13.19 M USD566000 USD
Depreciation & Amortization2.01 M USD2.09 M USD1.81 M USD1.66 M USD1.44 M USD1.34 M USD
Stock-Based Compensation1.57 M USD1.59 M USD1.87 M USD1.68 M USD901000 USD766000 USD
Capital Expenditures869000 USD1.29 M USD3.41 M USD1.12 M USD2.08 M USD1.09 M USD
Cash Flow from Investing-27.95 M USD-45.82 M USD-256.36 M USD-374.15 M USD89.85 M USD-7.29 M USD
Cash Flow from Financing60.94 M USD25.57 M USD282.64 M USD332.50 M USD-16.71 M USD-898000 USD
Dividends Paid3.01 M USD2.96 M USD2.93 M USD2.05 M USD0 USD
Stock Buybacks1.83 M USD0 USD
Free Cash Flow12.18 M USD4.61 M USD12.99 M USD23.93 M USD11.11 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.