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 | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Hanover Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$25.76 |
| 52 Week High | US$27.14 |
| 52 Week Low | US$13.62 |
| Beta | -0.015 |
| 1 Month Change | 15.57% |
| 3 Month Change | 26.71% |
| 1 Year Change | 47.07% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 22.09% |
Recent News & Updates
Recent updates
Hanover Bancorp (NASDAQ:HNVR) Has Affirmed Its Dividend Of $0.10
Feb 01
Hanover Bancorp (NASDAQ:HNVR) Has Announced A Dividend Of $0.10
Apr 20Hanover Bancorp (NASDAQ:HNVR) Will Pay A Dividend Of $0.10
Oct 29Hanover Bancorp's (NASDAQ:HNVR) Dividend Will Be $0.10
Aug 01Hanover Bancorp declares $0.10 dividend
Jul 27Shareholder Returns
| HNVR | US Banks | US Market | |
|---|---|---|---|
| 7D | -3.1% | 2.1% | 0.2% |
| 1Y | 47.1% | 46.5% | 22.0% |
Return vs Industry: HNVR matched the US Banks industry which returned 46.5% over the past year.
Return vs Market: HNVR exceeded the US Market which returned 22% over the past year.
Price Volatility
| HNVR volatility | |
|---|---|
| HNVR Average Weekly Movement | 4.6% |
| Banks Industry Average Movement | 3.9% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 18.6% |
| 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$195.63m |
| Earnings (TTM) | US$12.35m |
| Revenue (TTM) | US$63.49m |
15.5x
P/E Ratio1.0x
P/B RatioIs HNVR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HNVR income statement (TTM) | |
|---|---|
| Revenue | US$63.49m |
| Cost of Revenue | US$0 |
| Gross Profit | US$63.49m |
| Other Expenses | US$51.15m |
| Earnings | US$12.35m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.66 |
| Gross Margin | 100.00% |
| Net Profit Margin | 19.45% |
| Debt/Equity Ratio | 67.4% |
How did HNVR perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield24%
Payout RatioDoes HNVR pay a reliable dividends?
See HNVR dividend history and benchmarks| Hanover Bancorp dividend dates | |
|---|---|
| Ex Dividend Date | Feb 12 2025 |
| Dividend Pay Date | Feb 19 2025 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 11 days |
Does HNVR pay a reliable dividends?
See HNVR dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 00:30 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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.
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.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
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. |