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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 - $24.57
Previous CloseN/A
Volume3.42K
Average Volume (3M)13.02K
Market Cap
$163.32M
Enterprise Value$99.61M
Total Cash (Recent Filing)$234.45M
Total Debt (Recent Filing)$127.60M
Price to Earnings (P/E)22.3
Beta0.74
Next Earnings
Jul 29, 2026EPS Estimate
0.57Next Dividend Ex-DateN/A
Dividend Yield1.7%
Share Statistics
EPS (TTM)1.05
Shares Outstanding7,156,661
10 Day Avg. Volume10,333
30 Day Avg. Volume13,023
Financial Highlights & Ratios
PEG Ratio-0.58
Price to Book (P/B)0.86
Price to Sales (P/S)1.20
P/FCF Ratio14.17
Enterprise Value/Market Cap0.61
Enterprise Value/Revenue0.72
Enterprise Value/Gross Profit1.62
Enterprise Value/Ebitda7.16
Forecast
1Y Price Target
$26.50Price Target Upside16.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)2.4
Revenue Forecast (FY)$80.65M
Bulls Say, Bears Say
Bulls Say
Improving Leverage And Capital RatiosHanover has materially reduced leverage from prior highs (debt-to-equity above 1.0 in earlier years to ~0.68 in 2025). This deleveraging and gradual equity build increase regulatory and operational flexibility, lowering refinancing risk and supporting steadier credit capacity for mid-term lending plans.
Tier‑2 Capital Raise Strengthens Regulatory CapitalThe $35M subordinated note issuance, sized to redeem older notes and qualify as Tier 2 capital, meaningfully bolsters loss-absorbing capital. That improves the bank’s capacity to support loan growth and regulatory cushions, enabling a steadier strategic push into commercial lending over the next several years.
Focused Niche Commercial Lending And Market PositioningManagement’s strategic pivot to commercial banking, niche lending and municipal funding leverages franchise scarcity in a consolidated tri-state market. A focused product mix and experienced local leadership can preserve pricing power, deepen customer relationships, and provide durable revenue sources versus commoditized retail banking.
Bears Say
Slowing Revenue TrendTop-line growth has softened materially from prior expansion, with TTM revenue down and 2025 essentially flat. For a regional bank reliant on loan growth and deposit funding, persistent revenue stagnation constrains reinvestment, limits scale economics, and raises pressure on margins absent durable loan growth acceleration.
Material Margin Compression From Peak LevelsProfitability has reset from very strong prior-year margins to mid-single-digit net margins. Such a step-down reflects structural pressure on net interest spreads, fee mix, or higher funding/operating costs. Sustained low margins reduce reinvestment and return potential, making earnings more sensitive to credit or rate shocks.
Volatile Cash GenerationAlthough FCF turned positive and tracks near net income, it has swung significantly, with a ~53% TTM decline. Inconsistent cash generation complicates capital planning, dividend sustainability, and loan growth funding. For a small regional bank, durable cash flow predictability is critical to absorb cyclical credit losses and pursue strategic investments.
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 $24.57 in the past 12 months.
What is Hanover Bancorp Inc’s market cap?
Hanover Bancorp Inc’s market cap is $163.32M.
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 18 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 0.57.
How many shares outstanding does Hanover Bancorp Inc have?
Hanover Bancorp Inc has 7,156,661 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 4.111%.
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
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Analyst Consensus
Moderate Buy
Average Price Target:
$26.50 (16.89% Upside)
$26.50 (16.89% Upside)
Insider Transactions
Sold Shares
Worth $493.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.21%
12-Months-Change
Fundamentals
Return on Equity
3.91%
Trailing 12-Months
Asset Growth
3.47%
Trailing 12-Months
Company Description
Hanover Bancorp Inc
Hanover Bancorp, Inc. functions as the parent entity for Hanover Community Bank, providing a comprehensive range of financial products and services. These offerings serve individuals, municipalities, and small to mid-sized businesses across the New York metropolitan area. The bank's extensive portfolio includes various deposit options such as checking, savings, money market, NOW, and individual retirement accounts, alongside certificates of deposit and time deposits, as well as card services. For lending needs, it offers residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, Small Business Administration (SBA) loans, home equity financing, multi-family property loans, general business loans, bridge loans, and other personal purpose loans. Branch locations are established in Manhattan, Brooklyn, Queens, and Nassau County, New York, with its administrative hub situated in Suffolk County, New York. Established in 2008, Hanover Bancorp, Inc. maintains its headquarters in Mineola, New York.
HNVR Stock 12 Month Forecast
Average Price Target
$26.50
▲(16.89% Upside)
Technical Analysis
Ames National
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Ohio Valley Banc
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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
24.75% Insiders
6.54% Mutual Funds
9.55% Other Institutional Investors
51.97% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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