Hanover Bancorp, Inc. (HNVR) Q3 Earnings and Revenues Lag Estimates

Core Insights - Hanover Bancorp, Inc. reported quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.49 per share, and down from $0.5 per share a year ago, representing an earnings surprise of -4.08% [1] - The company posted revenues of $18.01 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 5.72%, compared to year-ago revenues of $17.06 million [2] - Hanover Bancorp shares have declined approximately 12.5% year-to-date, contrasting with the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.55 on revenues of $19.7 million, and for the current fiscal year, it is $1.92 on revenues of $75.5 million [7] - The estimate revisions trend for Hanover Bancorp was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Zacks Industry Rank for Banks - Northeast places it in the top 14% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]