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HNVR

Hanover Bancorp NasdaqGS:HNVR Stock Report

Last Price

US$20.74

Market Cap

US$151.1m

7D

0.9%

1Y

n/a

Updated

05 Dec, 2022

Data

Company Financials
HNVR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

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.

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$20.74
52 Week HighUS$24.68
52 Week LowUS$19.06
Beta0
1 Month Change4.80%
3 Month Change2.93%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-1.71%

Recent News & Updates

Recent updates

Shareholder Returns

HNVRUS BanksUS Market
7D0.9%-1.7%1.5%
1Yn/a-13.3%-14.9%

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 Movement4.7%
Banks Industry Average Movement4.0%
Market Average Movement7.4%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: HNVR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: Insufficient data to determine HNVR's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008136Michael 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 deposits 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. It operates branch offices located in Manhattan, Brooklyn, Queens, and Nassau County, New York; and administrative office in Suffolk County, New York.

Hanover Bancorp, Inc. Fundamentals Summary

How do Hanover Bancorp's earnings and revenue compare to its market cap?
HNVR fundamental statistics
Market CapUS$151.10m
Earnings (TTM)US$23.56m
Revenue (TTM)US$65.68m

6.4x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HNVR income statement (TTM)
RevenueUS$65.68m
Cost of RevenueUS$0
Gross ProfitUS$65.68m
Other ExpensesUS$42.12m
EarningsUS$23.56m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.23
Gross Margin100.00%
Net Profit Margin35.87%
Debt/Equity Ratio73.2%

How did HNVR perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

5%

Payout Ratio