Hanover Bancorp(HNVR) - 2025 Q1 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE Investor and Press Contact: Lance P. Burke Chief Financial Officer (516) 548-8500 Hanover Bancorp, Inc. Reports 2024 Full Year And Fourth Quarter Results Highlighted by Fourth Quarter Robust Margin Expansion and Record Non-interest Income Fourth Quarter Performance Highlights ● Net Income: Net income for the quarter ended December 31, 2024 totaled $3.9 million or $0.52 per diluted share (including Series A preferred shares). ● Record Non-interest Income: The Company report ...