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Hanover Bancorp Inc ( (HNVR) ) just unveiled an announcement.
On June 18, 2025, Hanover Bancorp Inc. representatives presented information to investors, highlighting the company’s strategic initiatives and financial performance. The presentation emphasized the company’s recent transition to FIS Horizon to enhance operational efficiency and its upcoming inclusion in the Russell 2000 index, which reflects its growth and market positioning. The company’s financial metrics as of March 31, 2025, showed total assets of $2.3 billion, total loans of $2.0 billion, and total deposits of $1.9 billion, indicating a stable financial position.
The most recent analyst rating on (HNVR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Hanover Bancorp Inc stock, see the HNVR Stock Forecast page.
Spark’s Take on HNVR Stock
According to Spark, TipRanks’ AI Analyst, HNVR is a Neutral.
Hanover Bancorp Inc’s stock reflects strong financial performance with solid revenue growth and operational efficiency. However, challenges such as declining net profit margins and free cash flow alongside moderate leverage warrant caution. Technical indicators show mixed momentum, while valuation metrics suggest moderate attractiveness. The lack of significant insights from the earnings call leaves the stock’s future direction uncertain, resulting in a balanced overall score.
To see Spark’s full report on HNVR stock, click here.
More about Hanover Bancorp Inc
Hanover Bancorp Inc., founded in 2009 and headquartered in Mineola, NY, provides consumer and commercial banking services primarily in Long Island, the New York City boroughs, and Freehold, NJ. The company has a history of strategic growth through acquisitions, including Chinatown Federal Savings Bank in 2019 and Savoy Bank in 2021, and has demonstrated a track record of profitability with a focus on an efficient operating platform and branch network.
Average Trading Volume: 17,910
Technical Sentiment Signal: Hold
Current Market Cap: $152.6M
For a thorough assessment of HNVR stock, go to TipRanks’ Stock Analysis page.