Hanover Bancorp is a holding company. Through its subsidiary, Hanover Community Bank (the Bank), Co. provides a range of financial services and employs a suite of consumer and commercial banking products and services, including multi-family and commercial mortgages, residential loans, business loans and lines of credit. The Bank also provides its customers, among other things, access to 24-hour automated teller machines service, free checking with interest, telephone banking, technologies in mobile and internet banking and safe deposit boxes. The Bank serves customers throughout the New York metro area from offices in Nassau, Queens, Kings (Brooklyn) and New York (Manhattan) Counties, NY. The HNVR stock yearly return is shown above.
The yearly return on the HNVR stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the HNVR annual return calculation with any dividends reinvested as applicable (on ex-dates).
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