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
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
No risks detected for HNVR from our risk checks.
Hanover Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$22.70 |
| 52 Week High | US$22.71 |
| 52 Week Low | US$13.62 |
| Beta | -0.26 |
| 11 Month Change | 17.62% |
| 3 Month Change | 29.71% |
| 1 Year Change | 28.61% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 7.58% |
Recent News & Updates
Shareholder Returns
| HNVR | US Banks | US Market | |
|---|---|---|---|
| 7D | 6.5% | -0.9% | -1.0% |
| 1Y | 28.6% | 53.3% | 30.3% |
Return vs Industry: HNVR underperformed the US Banks industry which returned 54.2% over the past year.
Return vs Market: HNVR underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| HNVR volatility | |
|---|---|
| HNVR Average Weekly Movement | 5.2% |
| Banks Industry Average Movement | 5.1% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.7% |
| 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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 176 | Michael Puorro | www.hanoverbank.com |
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.
Hanover Bancorp, Inc. Fundamentals Summary
| HNVR fundamental statistics | |
|---|---|
| Market cap | US$159.61m |
| Earnings (TTM) | US$13.20m |
| Revenue (TTM) | US$64.02m |
12.3x
P/E Ratio0.8x
P/B RatioIs HNVR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HNVR income statement (TTM) | |
|---|---|
| Revenue | US$64.02m |
| Cost of Revenue | US$0 |
| Gross Profit | US$64.02m |
| Other Expenses | US$50.82m |
| Earnings | US$13.20m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.85 |
| Gross Margin | 100.00% |
| Net Profit Margin | 20.62% |
| Debt/Equity Ratio | 78.2% |
How did HNVR perform over the long term?
See historical performance and comparison