Hanover Bancorp, Inc. /MD
HNVR · State Commercial Banks · 7.2M shares · +14%/yr ↑ dilution · EDGAR filings ↗
Reference price $24.21 · est. market cap ~$173M — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D52Hanover Bancorp (NY) — small bank with a sharp earnings drop.
Strengths
- Adequate cash position (60th pct)
Risks
- Net income down 39%; ROE 3.7% (10th pct)
- CRE/multifamily concentration; rate sensitivity
Notable findings
Key metrics
Return on equity
3.7%
Return on assets
0.3%
Net-income growth
-39.3%
Free cash flow
$12M
Tangible book value
$181M
Cash & investments
$209M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Golden Robert | Sell | 661 | $24.21 |
| 2026-06-12 | Golden Robert | Sell | 3.8K | $24.02 |
| 2026-06-10 | Golden Robert | Sell | 8.4K | $24.20 |
| 2026-06-02 | Golden Robert | Sell | 1.8K | $23.10 |
| 2026-05-29 | Golden Robert | Sell | 1.5K | $23.71 |
| 2026-05-27 | Golden Robert | Sell | 1.3K | $23.53 |
| 2026-05-20 | Golden Robert | Sell | 1.0K | $23.01 |
| 2026-05-19 | Golden Robert | Sell | 2.3K | $22.79 |
| 2026-05-06 | Golden Robert | Option exercise | 10K | $13.00 |
| 2026-05-01 | Diiorio Lisa A | Tax withheld | 3.9K | $23.72 |
| 2026-05-01 | Diiorio Lisa A | Option exercise | 6.0K | $13.00 |
| 2026-02-20 | Wilcox McClelland W | Tax withheld | 536 | $21.98 |
| 2026-02-20 | Wilcox McClelland W | Tax withheld | 624 | $21.98 |
| 2026-02-20 | Wilcox McClelland W | Tax withheld | 1.8K | $21.98 |
| 2026-02-20 | Vivona John P | Tax withheld | 95 | $21.98 |
| 2026-02-20 | Diiorio Lisa A | Tax withheld | 76 | $21.98 |
| 2026-02-20 | Diiorio Lisa A | Tax withheld | 83 | $21.98 |
| 2026-02-20 | Diiorio Lisa A | Tax withheld | 428 | $21.98 |
| 2026-02-20 | Corbett Kevin | Tax withheld | 157 | $21.98 |
| 2026-02-20 | Corbett Kevin | Tax withheld | 198 | $21.98 |
| 2026-02-20 | Corbett Kevin | Tax withheld | 232 | $21.98 |
| 2026-02-20 | Corbett Kevin | Tax withheld | 600 | $21.98 |
| 2026-02-20 | PUORRO MICHAEL P | Tax withheld | 673 | $21.98 |
| 2026-02-20 | PUORRO MICHAEL P | Tax withheld | 680 | $21.98 |
| 2026-02-20 | PUORRO MICHAEL P | Tax withheld | 814 | $21.98 |
| 2026-02-20 | PUORRO MICHAEL P | Tax withheld | 2.2K | $21.98 |
| 2026-02-20 | Burke Lance P | Tax withheld | 187 | $21.98 |
| 2026-02-20 | Burke Lance P | Tax withheld | 220 | $21.98 |
| 2026-02-20 | Burke Lance P | Tax withheld | 232 | $21.98 |
| 2026-02-20 | Burke Lance P | Tax withheld | 572 | $21.98 |
| 2026-02-20 | Burns Joseph F | Tax withheld | 188 | $21.98 |
| 2026-02-20 | Wilcox McClelland W | Tax withheld | 421 | $21.98 |
| 2026-02-06 | Golden Robert | Sell | 700 | $23.60 |
| 2026-02-05 | Katz Michael David M.D. | Grant | 1.6K | — |
| 2026-02-05 | Vivona John P | Grant | 1.3K | — |
| 2026-02-05 | Sisti Elena | Grant | 1.6K | — |
| 2026-02-05 | Golden Robert | Grant | 1.6K | — |
| 2026-02-05 | Golden Robert | Sell | 500 | $23.50 |
| 2026-02-05 | Abraham Varkey | Grant | 1.6K | — |
| 2026-02-05 | Sorrenti John R | Grant | 1.6K | — |
| 2026-02-05 | Burns Joseph F | Grant | 2.6K | — |
| 2026-02-05 | Burke Lance P | Grant | 3.2K | — |
| 2026-02-05 | Corbett Kevin | Grant | 2.2K | — |
| 2026-02-05 | Haspel Ahron H | Grant | 1.6K | — |
| 2026-02-05 | Negrin Metin | Grant | 1.6K | — |
| 2026-02-05 | PUORRO MICHAEL P | Grant | 11K | — |
| 2026-02-05 | Diiorio Lisa A | Grant | 1.1K | — |
| 2026-02-05 | Okun Philip A | Grant | 1.6K | — |
| 2025-12-01 | Vivona John P | Tax withheld | 216 | $22.75 |
| 2025-12-01 | Burns Joseph F | Tax withheld | 576 | $22.75 |
| 2025-11-04 | Golden Robert | Sell | 5.0K | $21.25 |
| 2025-08-01 | Burke Lance P | Tax withheld | 540 | $20.81 |
| 2025-05-09 | Golden Robert | Sell | 5.0K | $23.06 |
| 2025-05-09 | Golden Robert | Sell | 5.0K | $23.09 |
| 2025-05-08 | Golden Robert | Sell | 5.0K | $22.83 |
| 2025-05-08 | Golden Robert | Sell | 1.8K | $23.65 |
| 2025-05-06 | Golden Robert | Sell | 1.7K | $23.04 |
| 2025-05-05 | Golden Robert | Sell | 323 | $23.40 |
| 2025-05-02 | Golden Robert | Sell | 5.0K | $23.42 |
| 2025-03-31 | PUORRO MICHAEL P | Tax withheld | 5.7K | $22.65 |
| 2025-03-31 | Burke Lance P | Grant | 3.8K | — |
| 2025-03-31 | Burke Lance P | Tax withheld | 1.4K | $22.65 |
| 2025-03-31 | Wilcox McClelland W | Grant | 11K | — |
| 2025-03-31 | Wilcox McClelland W | Tax withheld | 6.1K | $22.65 |
| 2025-03-31 | Corbett Kevin | Grant | 4.0K | — |
| 2025-03-31 | Corbett Kevin | Tax withheld | 1.4K | $22.65 |
| 2025-03-31 | PUORRO MICHAEL P | Grant | 16K | — |
| 2025-02-20 | Corbett Kevin | Tax withheld | 794 | $25.53 |
| 2025-02-20 | Wilcox McClelland W | Tax withheld | 3.4K | $25.53 |
| 2025-02-20 | Wilcox McClelland W | Tax withheld | 731 | $25.53 |
| 2025-02-20 | Wilcox McClelland W | Tax withheld | 856 | $25.53 |
| 2025-02-20 | Corbett Kevin | Tax withheld | 168 | $25.53 |
| 2025-02-20 | Corbett Kevin | Tax withheld | 202 | $25.53 |
| 2025-02-20 | PUORRO MICHAEL P | Tax withheld | 3.1K | $25.53 |
| 2025-02-20 | PUORRO MICHAEL P | Tax withheld | 681 | $25.53 |
| 2025-02-20 | PUORRO MICHAEL P | Tax withheld | 814 | $25.53 |
| 2025-02-20 | Diiorio Lisa A | Tax withheld | 426 | $25.53 |
| 2025-02-20 | Diiorio Lisa A | Tax withheld | 82 | $25.53 |
| 2025-02-07 | Golden Robert | Sell | 2.6K | $26.06 |
| 2025-02-06 | Wilcox McClelland W | Option exercise | 42K | $6.25 |
| 2025-02-06 | Wilcox McClelland W | Tax withheld | 28K | $26.41 |
| 2025-02-06 | Golden Robert | Sell | 2.6K | $26.62 |
| 2025-02-05 | Golden Robert | Sell | 2.8K | $26.61 |
| 2025-02-04 | Golden Robert | Sell | 2.9K | $26.66 |
| 2025-02-03 | Golden Robert | Sell | 2.5K | $26.58 |
| 2025-01-31 | Golden Robert | Sell | 2.3K | $26.68 |
| 2025-01-29 | Abraham Varkey | Grant | 1.3K | — |
| 2025-01-29 | Burns Joseph F | Grant | 2.3K | — |
| 2025-01-29 | Diiorio Lisa A | Grant | 920 | — |
| 2025-01-29 | Corbett Kevin | Grant | 1.9K | — |
| 2025-01-29 | PUORRO MICHAEL P | Grant | 9.3K | — |
| 2025-01-29 | Burke Lance P | Grant | 2.7K | — |
| 2025-01-29 | Sorrenti John R | Grant | 1.3K | — |
| 2025-01-29 | Golden Robert | Grant | 1.3K | — |
| 2025-01-29 | Katz Michael David M.D. | Grant | 1.3K | — |
| 2025-01-29 | Vivona John P | Grant | 1.1K | — |
| 2025-01-29 | Haspel Ahron H | Grant | 1.3K | — |
| 2025-01-29 | Sisti Elena | Grant | 1.3K | — |
| 2025-01-29 | Okun Philip A | Grant | 1.3K | — |
| 2025-01-29 | Negrin Metin | Grant | 1.3K | — |
| 2025-01-29 | Wilcox McClelland W | Grant | 5.2K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-04 | Reg FDExhibits | filing ↗ |
| 2026-06-01 | Exec/director changeShareholder vote | filing ↗ |
| 2026-04-27 | ResultsExhibits | filing ↗ |
| 2026-03-12 | Material agreementDebt obligationReg FDExhibits | filing ↗ |
| 2026-02-19 | Exec/director change | filing ↗ |
| 2026-01-29 | ResultsExhibits | filing ↗ |
| 2025-11-12 | Reg FDExhibits | filing ↗ |
| 2025-10-30 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-04 | 2026-06-04 | 0001104659-26-070357 ↗ |
| 8-K | 2026-06-01 | 2026-05-28 | 0001104659-26-068886 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001104659-26-057877 ↗ |
| 8-K | 2026-04-27 | 2026-04-27 | 0001104659-26-049414 ↗ |
| 10-K | 2026-03-13 | 2025-12-31 | 0001104659-26-027651 ↗ |
| 8-K | 2026-03-12 | 2026-03-12 | 0001104659-26-027122 ↗ |
| 8-K | 2026-02-19 | 2026-02-12 | 0001104659-26-017591 ↗ |
| 8-K | 2026-01-29 | 2026-01-29 | 0001104659-26-007960 ↗ |
| 8-K | 2025-11-12 | 2025-11-11 | 0001104659-25-109407 ↗ |
| 10-Q | 2025-11-07 | 2025-09-30 | 0001104659-25-108453 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001104659-25-104347 ↗ |
| 8-K | 2025-09-04 | 2025-09-04 | 0001558370-25-011861 ↗ |