Hanover Bancorp Inc (HNVR)
NASDAQ:HNVR
HNVR Stock Chart & Stats
$22.25
-$0.13(-0.56%)
At close: 4:00 PM EST
$22.25
-$0.13(-0.56%)
Day’s Range― - ―
52-Week Range$18.60 - $24.36
Previous CloseN/A
Volume3.42K
Average Volume (3M)13.02K
Market Cap
$159.58M
Enterprise Value$76.59M
Total Cash (Recent Filing)$195.34M
Total Debt (Recent Filing)$125.47M
Price to Earnings (P/E)23.1
Beta0.66
Next Earnings
Apr 22, 2026EPS Estimate
0.53Next Dividend Ex-DateN/A
Dividend Yield1.7%
Share Statistics
EPS (TTM)0.00
Shares Outstanding7,172,128
10 Day Avg. Volume10,333
30 Day Avg. Volume13,023
Financial Highlights & Ratios
PEG Ratio-0.57
Price to Book (P/B)0.86
Price to Sales (P/S)1.20
P/FCF Ratio13.23
Enterprise Value/Market Cap0.48
Enterprise Value/Revenue0.53
Enterprise Value/Gross Profit1.22
Enterprise Value/Ebitda5.87
Forecast
1Y Price Target
$24.75Price Target Upside11.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.52
Revenue Forecast (FY)$83.50M
Bulls Say, Bears Say
Bulls Say
Improved Leverage And Equity BaseLower debt-to-equity (~0.63x) and steady equity growth create a more conservative capital structure that improves regulatory resilience and loss-absorption capacity. This durable shift supports prudent lending, capital deployment and steadier access to funding over the medium term.
Tier 2 Capital Raised Via Subordinated NotesThe $35M subordinated note issuance strengthens regulatory capital, lowers overall subordinated debt cost by redeeming older notes, and provides flexibility to support balance-sheet growth. Structurally this improves capital ratios and underwriting capacity over the next several years.
Improved Free Cash Flow Conversion In 2025FCF equaling net income in 2025 signals improved earnings quality and cash conversion, enhancing the bank’s ability to fund operations, absorb losses, and invest in growth without immediate external financing. Sustained cash conversion supports long-term financial flexibility.
Bears Say
Weak Profitability And Low ROEMaterial margin compression and ROE near 3.7% indicate diminished capital efficiency and reduced ability to generate shareholder returns from core banking activities. Persistently low profitability will constrain retained earnings, limit reinvestment and make capital targets harder to meet.
Revenue Reversal In 2025A pivot from multi-year revenue growth to a negative reading in 2025 suggests structural pressure on net interest income or fee revenue. Durable top-line erosion makes fixed-cost absorption harder and reduces the margin of safety for underwriting and strategic investments over the medium term.
Elevated Credit Issues / NPL ResolutionsManagement’s proactive NPL resolution signals elevated problem loans that require write-downs or workout costs. Credit remediation can depress earnings, consume capital and slow loan growth, creating multi-quarter uncertainty about asset quality and future provisioning needs.
Hanover Bancorp Inc News
HNVR FAQ
What was Hanover Bancorp Inc’s price range in the past 12 months?
Hanover Bancorp Inc lowest stock price was $18.60 and its highest was $24.36 in the past 12 months.
What is Hanover Bancorp Inc’s market cap?
Hanover Bancorp Inc’s market cap is $159.58M.
When is Hanover Bancorp Inc’s upcoming earnings report date?
Hanover Bancorp Inc’s upcoming earnings report date is Apr 22, 2026 which is in 13 days.
How were Hanover Bancorp Inc’s earnings last quarter?
Hanover Bancorp Inc released its earnings results on Jan 29, 2026. The company reported $0 earnings per share for the quarter, missing the consensus estimate of $0.517 by -$0.517.
Is Hanover Bancorp Inc overvalued?
According to Wall Street analysts Hanover Bancorp Inc’s price is currently Undervalued.
Does Hanover Bancorp Inc pay dividends?
Hanover Bancorp Inc pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 1.7%. See more information on Hanover Bancorp Inc dividends here
What is Hanover Bancorp Inc’s EPS estimate?
Hanover Bancorp Inc’s EPS estimate is 0.53.
How many shares outstanding does Hanover Bancorp Inc have?
Hanover Bancorp Inc has 7,172,128 shares outstanding.
What happened to Hanover Bancorp Inc’s price movement after its last earnings report?
Hanover Bancorp Inc reported an EPS of $0 in its last earnings report, missing expectations of $0.517. Following the earnings report the stock price went down -3.548%.
Which hedge fund is a major shareholder of Hanover Bancorp Inc?
Currently, no hedge funds are holding shares in HNVR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Hanover Bancorp Inc Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$24.75 (11.24% Upside)
$24.75 (11.24% Upside)
Insider Transactions
Sold Shares
Worth $28.3K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.21%
12-Months-Change
Fundamentals
Return on Equity
5.60%
Trailing 12-Months
Asset Growth
-0.82%
Trailing 12-Months
Company Description
Hanover Bancorp Inc
Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals in the New York metro area. The company offers checking, savings, money market, NOW, and individual retirement accounts, as well as certificates of deposits and time deposits; cards; and residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, and small business administration loans, as well as home equity, multi-family, business, bridge, and other personal purpose loans. It operates branch offices located in Manhattan, Brooklyn, Queens, and Nassau County, New York; and administrative office in Suffolk County, New York. The company was founded in 2008 and is headquartered in Mineola, New York.
HNVR Stock 12 Month Forecast
Average Price Target
$24.75
▲(11.24% Upside)
Technical Analysis
Ames National
―
Ohio Valley Banc
―
Peoples Bancorp Of North Carolina
―
Meridian Bank
―
BV Financial, Inc.
―
Ownership Overview
24.82% Insiders
6.49% Mutual Funds
9.74% Other Institutional Investors
52.97% Public Companies and
Individual Investors
Options Prices
Currently, No data available
---