Hanover Bancorp, Inc. Price & Performance (HNVR)

Hanover Bancorp shareholders reaffirmed their confidence in company leadership by re-electing four directors and approving Crowe LLP as auditor at the April 30 meeting. With nearly 82% of shares represented, the bank also highlighted a 42% stock return over the past year and a 1.72% dividend yield, underscoring positive investor sentiment.12

A recent sale by director Robert Golden, who offloaded 1,708 shares for about $39,359, has caught market watchers’ eyes. Despite the transaction, Golden retains over 203,000 shares. The move comes as Hanover Bancorp’s stock has delivered a 38% annual return, with the company’s board and auditor receiving strong shareholder support.31

Hanover Bank has completed a major core system upgrade, aimed at enhancing digital services and operational efficiency. The transition, finished in February, is expected to improve customer experience and security, supporting the bank’s strategy to provide agile, business-focused solutions in an increasingly competitive digital landscape.45