Hanover Bancorp, Inc. (HNVR) Reports Break-Even Earnings for Q4

Financial Performance - Hanover Bancorp, Inc. (HNVR) reported break-even quarterly earnings per share, missing the Zacks Consensus Estimate of $0.51, and compared to earnings of $0.52 per share a year ago, representing an earnings surprise of -100.00% [1] - The company posted revenues of $18.6 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 3.15%, and this compares to year-ago revenues of $18 million [2] - Over the last four quarters, Hanover Bancorp has surpassed consensus EPS estimates just once and topped consensus revenue estimates only once [2] Stock Performance - Hanover Bancorp shares have added about 2.7% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] - The current status translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.66 on $20.6 million in revenues, and for the current fiscal year, it is $2.76 on $84.8 million in revenues [7] - The estimate revisions trend for Hanover Bancorp was mixed ahead of the earnings release, and the magnitude and direction of these revisions could change following the recent earnings report [6] Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 23% of over 250 Zacks industries, indicating that the industry outlook can materially impact stock performance [8]