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HNVR| Name | Value |
|---|---|
| Revenues | 15.5M |
| Cost of Revenue | 2.0M |
| Gross Profit | 13.5M |
| Operating Expense | 1.0M |
| Operating I/L | 0.0M |
| Other Income/Expense | -15.4M |
| Interest Income | 28.5M |
| Pretax | 4.4M |
| Income Tax Expense | 1.3M |
| Net Income/Loss | 3.1M |
Hanover Bancorp, Inc. is a bank holding company that operates Hanover Community Bank, catering to small and medium-sized businesses, municipalities, and individuals in the New York metro area. The company generates revenue through a range of banking products and services, including checking, savings, money market, and retirement accounts, as well as various types of loans such as residential and commercial real estate mortgages, commercial and industrial loans, and small business administration loans. With branch offices in Manhattan, Brooklyn, Queens, and Nassau County, the company focuses on providing essential banking solutions to its target market.
