Hanover Bancorp Inc (HNVR)
NASDAQ:HNVR
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HNVR Stock Chart & Stats
$22.67
-$0.13(-0.56%)
At close: 4:00 PM EST
$22.67
-$0.13(-0.56%)
Day’s Range― - ―
52-Week Range$19.91 - $24.36
Previous CloseN/A
Volume3.42K
Average Volume (3M)13.02K
Market Cap
$167.11M
Enterprise Value-$27.34M
Total Cash (Recent Filing)$195.34M
Total Debt (Recent Filing)$136.03M
Price to Earnings (P/E)21.4
Beta0.75
Next Earnings
Jul 29, 2026EPS Estimate
0.62Next Dividend Ex-DateN/A
Dividend Yield1.7%
Share Statistics
EPS (TTM)0.54
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 Cap-0.16
Enterprise Value/Revenue-0.19
Enterprise Value/Gross Profit-0.43
Enterprise Value/Ebitda-2.10
Forecast
1Y Price Target
$24.75Price Target Upside9.18% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.49
Revenue Forecast (FY)$83.10M
Bulls Say, Bears Say
Bulls Say
Lower Leverage / Stronger CapitalHanover reduced leverage and grew equity, producing a more conservative capital mix that strengthens regulatory resilience and loss-absorption capacity. This supports safer loan growth, reduces refinancing risk and gives management flexibility to pursue strategic initiatives over the medium term.
Subordinated Notes Bolster Tier 2 CapitalThe $35M fixed-to-floating subordinated offering replaces higher-cost debt and qualifies as Tier 2 capital, lowering funding cost and improving regulatory capital ratios. That structural recapitalization enhances balance-sheet capacity to support lending and growth in core markets over multiple years.
Improved Free Cash Flow QualityFCF equaling net income in 2025 signals improved cash conversion and higher earnings quality, increasing capacity for reinvestment, dividends, or further capitalization. Sustained FCF would provide a durable buffer versus cyclical credit or interest-rate stresses.
Bears Say
Declining Profitability / Low ROEMargins and ROE have compressed materially, indicating weaker loan spreads, higher costs, or mix shifts. Persistently low ROE reduces the bank’s ability to generate returns on equity, constrains internal capital formation and limits capacity to reinvest or reward shareholders over the medium term.
Revenue Turned Negative In 2025A reversal from prior growth to a contracting top line signals challenges in core lending or deposit fee income. Sustained revenue weakness erodes scale economics, pressures margins and hampers the bank’s ability to expand loan portfolios or fund branch/digital investments over the coming quarters.
Leadership Restructuring RiskConsolidating CEO and President roles creates single‑executive concentration and transition risk. The sizable severance and management change could disrupt execution, distract management from strategic priorities, and create short‑to‑medium term governance uncertainties.
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 $19.91 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 $167.11M.
When is Hanover Bancorp Inc’s upcoming earnings report date?
Hanover Bancorp Inc’s upcoming earnings report date is Jul 29, 2026 which is in 90 days.
How were Hanover Bancorp Inc’s earnings last quarter?
Hanover Bancorp Inc released its earnings results on Apr 27, 2026. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.01.
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 0.62.
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 $0.54 in its last earnings report, beating expectations of $0.53. Following the earnings report the stock price went up 0.089%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$24.75 (9.18% Upside)
$24.75 (9.18% 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
3.76%
Trailing 12-Months
Asset Growth
3.13%
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
▲(9.18% Upside)
Technical Analysis
Ames National
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Peoples Bancorp Of North Carolina
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Meridian Bank
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BV Financial, Inc.
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Ownership Overview
24.82% Insiders
6.42% Mutual Funds
0.26% Other Institutional Investors
62.34% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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