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Hanover Bancorp, Inc. HNVR R2K

Financial Services · Banks - Regional · United States
https://www.hanoverbank.com
Company Profile ↓
$24.43
+10.11% 1Y
Mkt Cap$174.84M
P/E23.27
P/B0.87
Div. Yield1.67%
52W High$24.51
52W Low$19.90
Book Value$27.44
EPS (TTM)$1.05

Company Overview

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. It offers a full-service bank providing personal and business lending and deposit services. The company offers checking, savings, money market, time deposit, NOW, and individual retirement accounts, as well as certificates of deposit. It also provides 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. In addition, the company offers cards, cash management, and online and mobile banking services, as well as merchant, professional, and digital solutions. It operates banking offices in Kings, Nassau, Suffolk, New York, and Queens counties, New York; and Monmouth County, New Jersey. The company was founded in 2008 and is headquartered in Mineola, New York.

Why Investors Should Care

Healthy Margins

Operating margin of 29.8% supports profitability.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Trailing 12 Months Year-on-year growth — revenue +4.6%, earnings +25.0%.
  • 5-Year Trend Long-term compounding — profit CAGR 8.5%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-
1 Year:4.60%

Compounded Profit Growth

5 Years:8.53%
1 Year:25.00%

Stock Price Performance

1 Year:+10.11%
6 Months:+8.09%
3 Months:+9.83%
1 Month:+2.05%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 98% of range
$19.90 $24.51
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)62.90 · Neutral
Price Performance
1M+2.05%
3M+9.83%
6M+8.09%
1Y+10.11%
Valuation vs Sector

P/E of 23.27 is above the sector median of 13.30 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
23.27
Industry PE
13.30
Forward P/E
8.53
PEG Ratio
-
Book Value
$27.44
Price to Book
0.87
P/S
2.69
EV/EBITDA
-
Dividend Yield
1.67%

Growth (CAGR)

Revenue 5Y
-
Profit 5Y
8.53%
Revenue (YoY)
4.60%
Earnings (YoY)
25.00%

Profitability & Returns

ROCE
-
ROE
3.94%
ROA
0.34%
Profit Margin
12.30%
Op Margin
29.78%
Gross Margin
0.00%
EPS (Latest Qtr)
$0.25
EPS (TTM)
$1.05

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
-
Current Ratio
-
Debt
$128.14M
Total Assets
$2.37B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
31.35%
Chg in Prom Hold
-
FII / Inst Holding
35.59%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$174.84M
Total Revenue (TTM)
$63.75M
EBITDA
-
Free Cash Flow
$12.18M
Operating Cash Flow
$10.25M
Shares Outstanding
7.16M
Gross Margin
0.00%
Payout Ratio
38.10%

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 HNVR Hanover Bancorp, Inc. R2K 24.43 23.27 $174.84M 1.67% - 3.94% - 8.53%
2 JPM JPMorgan Chase & Co. SPX 342.89 16.42 $918.78B 1.87% - 16.47% 5.35% 7.56%
3 BRK-B Berkshire Hathaway Inc. SPX 491.09 14.61 $686.70B 0.00% - 10.50% 4.18% 9.44%
4 V Visa Inc. SPX 356.02 31.01 $590.89B 0.83% 37.15% 60.35% 14.33% 13.04%
5 MA Mastercard Incorporated SPX 538.02 31.10 $471.86B 0.71% 60.19% - 12.29% 19.21%
6 BAC Bank of America Corporation SPX 60.62 15.04 $430.20B 2.00% - 10.64% 6.00% 3.49%
7 MS Morgan Stanley SPX 227.67 20.62 $359.10B 1.87% - 16.39% 3.76% 9.66%
8 GS The Goldman Sachs Group, Inc. SPX 1,140.00 20.83 $336.31B 1.69% - 14.55% - 2.21%
9 WFC Wells Fargo & Company SPX 85.29 13.18 $261.00B 2.11% - 12.03% 4.02% 15.98%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2020Jun 2020Dec 2020Mar 2021Jun 2021Dec 2021Mar 2022Jun 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Net Income 249.00K1.41M1.52M2.06M221.00K6.54M5.86M5.33M5.34M3.21M3.09M3.52M3.76M4.06M844.00K3.54M1.52M2.44M3.49M1.87M
Diluted EPS 0.060.330.360.480.051.161.000.800.720.430.420.480.510.550.110.480.200.330.470.25

Profit & Loss (Annual)

Figures in USD.

Metric Sep 2020Sep 2021Sep 2022Sep 2023Dec 2024Dec 2025
Net Income 4.97M10.85M23.56M15.16M12.35M7.49M
Diluted EPS 1.182.283.682.051.661.00

Balance Sheet (Annual)

Figures in USD.

Metric Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Dec 2023Dec 2024Dec 2025
Total Assets -851.61M1.48B1.84B2.15B2.27B2.31B2.38B
Total Equity 71.95M78.04M122.53M172.58M185.91M184.83M196.64M200.27M
Cash & Equivalents -80.21M166.54M149.95M192.62M177.21M162.86M208.90M
Total Liabilities -773.56M1.36B1.67B1.96B2.09B2.12B2.18B

Cash Flows (Annual)

Figures in USD.

Metric Sep 2020Sep 2021Sep 2022Sep 2023Dec 2024Dec 2025
Operating Cash Flow 566.00K-25.08M16.40M5.44M13.05M
Investing Cash Flow -7.29M--374.15M-256.36M-45.36M-27.95M
Financing Cash Flow -898.00K-332.47M282.64M25.57M60.94M
Capital Expenditure -1.09M--1.12M-3.41M-1.29M-869.00K
Free Cash Flow -527.00K-23.96M12.99M4.15M12.18M
Net Change in Cash ---16.60M42.68M-14.35M46.05M
Share Buybacks ----01.83M
Dividends Paid ---2.93M2.96M3.01M

Ratios (Annual)

Figures in %.

Metric Sep 2020Sep 2021Sep 2022Sep 2023Dec 2024Dec 2025
Gross Margin % ------
Operating Margin % ------
Net Margin % ------
ROE % 6.4%8.9%13.6%8.2%6.3%3.7%
ROCE % ------

Shareholding Pattern

Insiders
31.35%
Institutions
35.59%
Public Float
51.84%

Top Institutional Holders

#Holder% HeldSharesValue
1 Fourthstone LLC 7.29% 521.65K $12.14M
2 Alliancebernstein L.P. 4.43% 317.38K $7.39M
3 Vanguard Capital Management LLC 3.57% 255.40K $5.94M
4 Blackrock Inc. 3.17% 227.20K $5.29M
5 Geode Capital Management, LLC 1.24% 88.71K $2.06M
6 BANC FUNDS CO LLC 1.07% 76.76K $1.79M
7 Corient Private Wealth LLC 0.59% 42.24K $982.90K
8 Northern Trust Corporation 0.54% 38.69K $900.34K
9 State Street Corporation 0.54% 38.87K $904.43K
10 Goldman Sachs Group Inc 0.46% 33.12K $770.65K

Analyst View

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Latest News

Recent headlines for HNVR

Google News Sun, 12 Jul 2026

(HNVR) Movement as an Input in Quant Signal Sets - Stock Traders Daily

<a href="https://news.google.com/rss/articles/CBMixAFBVV95cUxPd0ZTZkI2SmpsZHpURjV2NWNRV2RwRkh4MUxLTWU0UkRHVGREQjlVUk9xNTdGT0tpUTVqb1pucHlxeEtab1VhQm1NbUZVOFoydHJiTmJ4UXZfVWJSMzNqeXgteW9tNkk5dnJUcDZKcjVFYVdwZkZ6V2UtS21YOFpsbWI5TDEwdXZJeW55RW…

Google News Fri, 10 Jul 2026

Piper Sandler Reiterates "Overweight" Rating for Hanover Bancorp (NASDAQ:HNVR) - MarketBeat

<a href="https://news.google.com/rss/articles/CBMixgFBVV95cUxPVG5wOXJYS3FDMlJQSlJ6SkNqcUt3Q0Q1S1JnZGUzMmlFSTdXVDlobWlfVHZJWVBfeDg1TXJYSXRrc1BJZDdUN0hnenJtUndWazNTRC03SnpUVDg3TFNkVG03WjduRkpVLTBmZEVNZ0hJeXhYNzRtdG9xeWFFMFlmWjFCN1V3VG4wdUJJTH…

Google News Fri, 26 Jun 2026

Hanover Bancorp Inc Actuals & Estimates (NASDAQ:HNVR) - TradingView

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Google News Fri, 29 May 2026

HNVR - Hanover Bancorp Inc Stock Price and Quote - Finviz

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Google News Wed, 08 Jul 2026

Hanover Bancorp (HNVR) Slides 2.29% as Stock Tests Critical Support at $21.48 - Diamond Pattern - DonanımHaber

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Google News Sun, 28 Jun 2026

Hanover Bancorp, Inc.(NasdaqGS: HNVR) dropped from Russell 2500 Growth Benchmark - marketscreener.com

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HNVR — Frequently Asked Questions

What is the current share price of Hanover Bancorp, Inc. (HNVR)?

As of 2026-07-14 21:23 PDT, Hanover Bancorp, Inc. (HNVR) trades at $24.43 on NasdaqGS. Its 52-week range is $19.90 to $24.51.

What is the market capitalisation of HNVR?

Hanover Bancorp, Inc. (HNVR) has a market capitalisation of $174.84M on NasdaqGS.

What is the P/E ratio of HNVR?

HNVR trades at a trailing price-to-earnings (P/E) ratio of 23.27. The industry average P/E is 13.30. Its price-to-book (P/B) ratio is 0.87.

Does HNVR pay a dividend?

Hanover Bancorp, Inc. (HNVR) currently offers a dividend yield of 1.67%.

What is the return on equity (ROE) of HNVR?

HNVR has a return on equity (ROE) of 3.94%.

Is HNVR a good stock to buy?

This page provides a data-driven analysis of Hanover Bancorp, Inc. (HNVR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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