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HNVR

Hanover Bancorp NasdaqGS:HNVR Stock Report

Last Price

US$18.60

Market Cap

US$133.7m

7D

-2.6%

1Y

n/a

Updated

23 Mar, 2023

Data

Company Financials +

Hanover Bancorp, Inc.

NasdaqGS:HNVR Stock Report

Mkt Cap: US$133.7m

HNVR Stock 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 in the New York metro area.

HNVR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Hanover Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hanover Bancorp
Historical stock prices
Current Share PriceUS$18.60
52 Week HighUS$24.68
52 Week LowUS$18.20
Beta0
1 Month Change-7.14%
3 Month Change-6.34%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-11.85%

Recent News & Updates

Recent updates

Hanover Bancorp declares $0.10 dividend

Jul 27

Shareholder Returns

HNVRUS BanksUS Market
7D-2.6%-2.9%0.8%
1Yn/a-28.8%-14.2%

Return vs Industry: Insufficient data to determine how HNVR performed against the US Banks industry.

Return vs Market: Insufficient data to determine how HNVR performed against the US Market.

Price Volatility

Is HNVR's price volatile compared to industry and market?
HNVR volatility
HNVR Average Weekly Movement3.4%
Banks Industry Average Movement4.8%
Market Average Movement6.5%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: HNVR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: HNVR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008162Michael Puorrohttps://www.hanoverbank.com

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 deposit 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. The company also offers cash management, online and mobile banking, merchant, professional, and digital solutions.

Hanover Bancorp, Inc. Fundamentals Summary

How do Hanover Bancorp's earnings and revenue compare to its market cap?
HNVR fundamental statistics
Market CapUS$133.69m
Earnings (TTM)US$21.33m
Revenue (TTM)US$64.11m

6.3x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HNVR income statement (TTM)
RevenueUS$64.11m
Cost of RevenueUS$0
Gross ProfitUS$64.11m
Other ExpensesUS$42.77m
EarningsUS$21.33m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.97
Gross Margin100.00%
Net Profit Margin33.28%
Debt/Equity Ratio148.0%

How did HNVR perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

9%

Payout Ratio