HNVR Stock Overview A bank holding company for Hanover Community Bank, provides personal and business lending and deposit services to businesses, municipalities, and individuals in the New York metro area. More details
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Hanover Bancorp, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Hanover Bancorp Historical stock prices Current Share Price US$22.36 52 Week High US$27.14 52 Week Low US$13.62 Beta -0.093 1 Month Change -11.23% 3 Month Change 22.72% 1 Year Change 26.76% 3 Year Change n/a 5 Year Change n/a Change since IPO 5.97%
Recent News & Updates
Price target increased by 13% to US$25.50 Dec 16
Lead Independent Director recently sold US$64k worth of stock Dec 12
Independent Director notifies of intention to sell stock Dec 11
Price target increased by 9.3% to US$23.50 Dec 10
Price target increased by 9.8% to US$22.50 Nov 19
New minor risk - Financial data availability Nov 03 See more updates
Price target increased by 13% to US$25.50 Dec 16
Lead Independent Director recently sold US$64k worth of stock Dec 12
Independent Director notifies of intention to sell stock Dec 11
Price target increased by 9.3% to US$23.50 Dec 10
Price target increased by 9.8% to US$22.50 Nov 19
New minor risk - Financial data availability Nov 03
Second quarter dividend of US$0.10 announced Oct 27
Hanover Bancorp, Inc. Reports Net Charge Offs for the Third Quarter Ended September 30, 2024 Oct 25
Hanover Bancorp, Inc. Declares Quarterly Cash Dividend on Common Shares, Payable on November 13, 2024 Oct 24
Price target increased by 11% to US$20.50 Oct 11
Hanover Bancorp, Inc. Appoints Michael Thaden as Director Sep 26
Independent Director exercised options and sold US$8.1m worth of stock Aug 28
Second quarter dividend of US$0.10 announced Jul 28
Hanover Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on August 14, 2024 Jul 25
Insufficient new directors Jun 02
Investor sentiment improves as stock rises 19% Apr 24
Hanover Bancorp (NASDAQ:HNVR) Has Announced A Dividend Of $0.10 Apr 20
Second quarter dividend of US$0.10 announced Apr 19
Price target decreased by 7.5% to US$18.50 Apr 19
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Apr 17
Hanover Bancorp, Inc. Approves Cash Dividend, Payable on May 15, 2024 Apr 17
New minor risk - Market cap size Apr 12
Independent Director exercised options to buy US$100k worth of stock. Apr 10
Hanover Bancorp, Inc., Annual General Meeting, Mar 05, 2024 Feb 10
Upcoming dividend of US$0.10 per share at 2.2% yield Jan 30
First quarter dividend of US$0.10 announced Jan 28
First quarter 2024 earnings: EPS and revenues exceed analyst expectations Jan 26
Hanover Bancorp, Inc. Approves Cash Dividend on Common Shares, Payable on February 14, 2024 Jan 25
President & Chief Revenue Officer exercised options and sold US$243k worth of stock Dec 30
Full year 2023 earnings: EPS and revenues exceed analyst expectations Dec 26
Hanover Bancorp Announces Joseph Burns as Its New Executive Vice President and Chief Lending Officer Nov 17
Upcoming dividend of US$0.10 per share at 2.2% yield Oct 31
New major risk - Revenue and earnings growth Oct 30
Hanover Bancorp (NASDAQ:HNVR) Will Pay A Dividend Of $0.10 Oct 29
Full year 2023 earnings: EPS and revenues exceed analyst expectations Oct 27
Hanover Bancorp, Inc. Approves Cash Dividend on Common Shares, Payable on November 15, 2023 Oct 27
New major risk - Revenue and earnings growth Aug 07
Hanover Bancorp's (NASDAQ:HNVR) Dividend Will Be $0.10 Aug 01
Upcoming dividend of US$0.10 per share at 2.2% yield Aug 01
Hanover Bancorp, Inc. to Report Q3, 2023 Results on Jul 27, 2023 Jul 29
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Jul 28 Hanover Bancorp, Inc. Reports Unaudited Net Charge-Offs Results for the Third Quarter Ended June 30, 2023
Price target decreased by 11% to US$20.00 Jul 17
Upcoming dividend of US$0.10 per share at 2.2% yield May 02
Second quarter 2023 earnings: EPS and revenues miss analyst expectations May 01
First quarter 2023 earnings: EPS and revenues miss analyst expectations Feb 14
Upcoming dividend of US$0.10 per share at 2.0% yield Jan 30
Hanover Bancorp, Inc., Annual General Meeting, Feb 21, 2023 Jan 28
Hanover Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on February 14, 2023 Jan 26
Now 21% undervalued Jan 23
Now 22% undervalued Jan 06
Full year 2022 earnings: EPS and revenues exceed analyst expectations Dec 26
Upcoming dividend of US$0.10 per share Oct 31
Full year 2022 earnings: EPS and revenues exceed analyst expectations Oct 27
Hanover Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on November 15, 2022 Oct 27
Hanover Bancorp, Inc. Announces Retirement and Transition Arrangement with Brian K. Finneran Oct 18
Upcoming dividend of US$0.10 per share Aug 01
Third quarter 2022 earnings released: EPS: US$0.81 (vs US$0.047 in 3Q 2021) Jul 28
Hanover Bancorp, Inc. Announces Quarterly Cash Dividend, Payable August 9, 2022 Jul 28
Hanover Bancorp declares $0.10 dividend Jul 27
Hanover Bancorp, Inc. Announces Quarterly Cash Dividend, Payable June 28, 2022 Jun 02
Second quarter 2022 earnings released: EPS: US$1.02 (vs US$0.49 in 2Q 2021) May 18
Independent Director recently bought US$168k worth of stock May 12
Hanover Bancorp, Inc. has completed an IPO in the amount of $26.775 million. May 12
Now 21% undervalued May 11 Shareholder Returns HNVR US Banks US Market 7D -1.3% 0.8% 0.6% 1Y 26.8% 29.4% 23.7%
See full shareholder returns
Return vs Industry: HNVR underperformed the US Banks industry which returned 29.4% over the past year.
Return vs Market: HNVR exceeded the US Market which returned 23.7% over the past year.
Price Volatility Is HNVR's price volatile compared to industry and market? HNVR volatility HNVR Average Weekly Movement 5.5% Banks Industry Average Movement 5.2% Market Average Movement 6.3% 10% most volatile stocks in US Market 17.5% 10% least volatile stocks in US Market 3.1%
Stable Share Price: HNVR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: HNVR's weekly volatility (5%) has been stable over the past year.
About the Company Hanover Bancorp, Inc., a bank holding company for Hanover Community Bank, provides personal and business lending and deposit services to businesses, municipalities, and individuals in the New York metro area. The company offers checking, credit cards, debit cards, money market, savings, government and municipal banking, and professional services, as well as time deposits, including certificate of deposit and individual retirement accounts. It also provides business loans, commercial real estate financing, small business administration, lending directory services, and residential mortgage.
Show more Hanover Bancorp, Inc. Fundamentals Summary How do Hanover Bancorp's earnings and revenue compare to its market cap? HNVR fundamental statistics Market cap US$159.93m Earnings (TTM ) US$13.29m Revenue (TTM ) US$64.02m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) HNVR income statement (TTM ) Revenue US$64.02m Cost of Revenue US$0 Gross Profit US$64.02m Other Expenses US$50.73m Earnings US$13.29m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 1.86 Gross Margin 100.00% Net Profit Margin 20.76% Debt/Equity Ratio 79.6%
How did HNVR perform over the long term?
See historical performance and comparison Dividends
1.8% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/30 20:55 End of Day Share Price 2024/12/27 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
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Analyst Sources Hanover Bancorp, Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Mark Fitzgibbon Piper Sandler Companies null null Stephens, Inc. Matthew Breese Stephens, Inc.
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