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Hanover Bancorp, Inc. Reports Third Calendar Quarter and Fiscal Year 2020 Results highlighted by Record Net Interest Income and Record Net Interest Margin

Oct 23, 2020 - GlobeNewswire
Mergers and Acquisitions-Financial Results

Third  Calendar Quarter and Fiscal Year Performance Highlights

Net Income : GAAP Net income for the quarter ended September 30, 2020 totaled $1.5 million or $0.37 per diluted common share, versus $1.4 million or $0.32 per diluted common share recorded in the same period a year ago. The Company recorded core (non-GAAP) net income of $1.7 million in the quarter ended September 30, 2020 versus core net income of $1.8 million in the comparable 2019 quarter. The Company recorded GAAP net inc...