HNVR
Hanover Bancorp, Inc.
Price Chart
Latest Quote
$23.46
+0.01 (+0.04%)
Current Price
| Previous Close | $23.45 |
| Open | $23.52 |
| Day High | $23.95 |
| Day Low | $23.34 |
| Volume | 96,423 |
Stock Information
| Quarterly Dividend / Yield | $0.40 / 1.71% |
| Shares Outstanding | 7.16M |
| Quarterly Dividend Yield | 1.71% |
| Quarterly Dividend | $0.40 |
| Total Debt | $128.14M |
| Cash Equivalents | $194.45M |
| Revenue | $63.75M |
| Net Income | $7.64M |
| Sector | Financial Services |
| Industry | Banks - Regional |
| Market Cap | $167.90M |
| P/E Ratio | 22.34 |
| EPS (TTM) | $1.05 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $106.56M |
| Sales | $63.75M |
| Income | $7.64M |
| Book/sh | $27.44 |
| Cash/sh | $27.17 |
| Employees | 194 |
Financial Ratios
| EPS Growth TTM | 23.20% |
Returns & Margins
| ROA | 0.34% |
| ROE | 3.94% |
| Operating Margin | 29.78% |
| Profit Margin | 12.30% |
Ownership
| Insider Ownership | 31.35% |
| Institutional Ownership | 35.59% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 8.19 |
| P/S | 2.63 |
| P/B | 0.85 |
Analyst Data
| Recommendation | none |
| Target Price | $24.25 |
Technical Indicators
| SMA20 | $23.44 |
| SMA50 | $23.07 |
| SMA200 | $22.35 |
| RSI | 58.31 |
| ATR | 0.7443 |
| Shares Float | 4.39M |
| Short Float | 0.51% |
| Short Ratio | 0.66 |
| Volatility | 0.11 |
| Rel Volume | 1.16 |
Performance History
| Week | +0.60% |
| Month | +0.30% |
| Quarter | +9.03% |
| 6 Months | -0.82% |
| YTD | +3.93% |
| Year | +12.30% |
| 3 Years | +42.84% |
| 10 Years | +21.10% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-24 | $23.46 | 96,423 |
| 2026-06-23 | $23.45 | 139,200 |
| 2026-06-22 | $22.90 | 33,000 |
| 2026-06-18 | $23.28 | 164,600 |
| 2026-06-17 | $23.26 | 32,100 |
| 2026-06-16 | $23.32 | 39,900 |
| 2026-06-15 | $23.19 | 39,400 |
| 2026-06-12 | $23.94 | 53,800 |
| 2026-06-11 | $23.94 | 67,000 |
| 2026-06-10 | $24.12 | 77,400 |
| 2026-06-09 | $24.13 | 117,700 |
| 2026-06-08 | $23.77 | 86,700 |
| 2026-06-05 | $23.60 | 62,300 |
| 2026-06-04 | $23.60 | 60,700 |
| 2026-06-03 | $22.91 | 44,400 |
| 2026-06-02 | $23.11 | 66,700 |
| 2026-06-01 | $22.40 | 83,100 |
| 2026-05-29 | $23.26 | 118,800 |
| 2026-05-28 | $23.71 | 224,200 |
| 2026-05-27 | $23.35 | 59,800 |
| 2026-05-26 | $23.48 | 23,700 |
About Hanover Bancorp, Inc.
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. It offers a full-service bank providing personal and business lending and deposit services. The company offers checking, savings, money market, time deposit, NOW, and individual retirement accounts, as well as certificates of deposit. It also provides 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. In addition, the company offers cards, cash management, and online and mobile banking services, as well as merchant, professional, and digital solutions. It operates banking offices in Kings, Nassau, Suffolk, New York, and Queens counties, New York; and Monmouth County, New Jersey. The company was founded in 2008 and is headquartered in Mineola, New York.
đ° Latest News
Hanover Bancorp (NASDAQ:HNVR) Is Due To Pay A Dividend Of $0.10
Simply Wall St. âĸ 2026-02-03T11:15:38Z
First Mid Bancshares (FMBH) Matches Q4 Earnings Estimates
Zacks âĸ 2026-01-29T14:15:02Z
Hanover Bancorp, Inc. (NASDAQ:HNVR) most popular amongst individual investors who own 33%, insiders hold 24%
Simply Wall St. âĸ 2026-01-23T11:27:50Z
Hanover Bancorp (HNVR) Stock Jumps 5.3%: Will It Continue to Soar?
Zacks âĸ 2026-01-22T14:04:00Z
Hanover Bancorp (NASDAQ:HNVR) Has Announced A Dividend Of $0.10
Simply Wall St. âĸ 2025-11-03T10:30:17Z
Hanover Bancorp (HNVR) Margin Miss Challenges Bullish Community Growth Expectations
Simply Wall St. âĸ 2025-10-31T22:17:53Z
Hanover Bancorp, Inc. (HNVR) Q3 Earnings and Revenues Lag Estimates
Zacks âĸ 2025-10-30T21:10:02Z
First Mid Bancshares (FMBH) Tops Q3 Earnings and Revenue Estimates
Zacks âĸ 2025-10-30T13:15:02Z
Hanover Bancorp Second Quarter 2025 Earnings: Misses Expectations
Simply Wall St. âĸ 2025-08-13T10:37:49Z
Hanover Bancorp, Inc. (HNVR) Misses Q2 Earnings and Revenue Estimates
Zacks âĸ 2025-07-23T21:10:02Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $73,320,000 | $68,431,000 | $63,340,000 | $70,126,000 |
| Operating Revenue | $73,320,000 | $68,431,000 | $63,340,000 | $70,126,000 |
| Expenses | ||||
| Interest Expense | $70,002,000 | $79,930,000 | $50,551,000 | $7,175,000 |
| General And Administrative Expense | $29,274,000 | $27,018,000 | $21,911,000 | $20,033,000 |
| Professional Expense And Contract Services Expense | $3,149,000 | $3,079,000 | $3,145,000 | $2,568,000 |
| Other Non Interest Expense | $12,819,000 | $9,793,000 | $8,306,000 | $6,697,000 |
| Selling And Marketing Expense | - | - | - | $348,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $7,488,000 | $12,346,000 | $15,164,000 | $23,556,000 |
| Net Interest Income | $60,477,000 | $53,092,000 | $54,492,000 | $61,254,000 |
| Interest Income | $130,479,000 | $133,022,000 | $105,043,000 | $68,429,000 |
| Normalized Income | $7,488,000 | $12,346,000 | $15,164,000 | $23,749,000 |
| Net Income From Continuing And Discontinued Operation | $7,488,000 | $12,346,000 | $15,164,000 | $23,556,000 |
| Net Income Common Stockholders | $7,294,000 | $11,962,000 | $14,603,000 | $22,653,000 |
| Net Income | $7,488,000 | $12,346,000 | $15,164,000 | $23,556,000 |
| Net Income Including Noncontrolling Interests | $7,488,000 | $12,346,000 | $15,164,000 | $23,556,000 |
| Net Income Continuous Operations | $7,488,000 | $12,346,000 | $15,164,000 | $23,556,000 |
| Pretax Income | $9,954,000 | $16,379,000 | $20,187,000 | $30,495,000 |
| Special Income Charges | - | - | $0 | $-250,000 |
| Per Share | ||||
| Diluted EPS | $1.00 | $1.66 | $2.05 | $3.68 |
| Basic EPS | $1.00 | $1.67 | $2.07 | $3.74 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $-57,000 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Reconciled Depreciation | $4,149,000 | $3,869,000 | $3,492,000 | $1,744,000 |
| Diluted Average Shares | $7,477,358 | $7,432,741 | $7,399,158 | $6,395,305 |
| Basic Average Shares | $7,471,442 | $7,403,758 | $7,319,040 | $6,302,328 |
| Diluted NI Availto Com Stockholders | $7,294,000 | $11,962,000 | $14,603,000 | $22,653,000 |
| Otherunder Preferred Stock Dividend | $194,000 | $384,000 | $561,000 | $903,000 |
| Tax Provision | $2,466,000 | $4,033,000 | $5,023,000 | $6,939,000 |
| Gain On Sale Of Security | $215,000 | $31,000 | $0 | $105,000 |
| Selling General And Administration | $29,274,000 | $27,018,000 | $21,911,000 | $20,033,000 |
| Insurance And Claims | $1,388,000 | $1,418,000 | $1,259,000 | $368,000 |
| Salaries And Wages | $27,886,000 | $25,600,000 | $20,652,000 | $19,665,000 |
| Occupancy And Equipment | $7,742,000 | $7,222,000 | $6,359,000 | $5,633,000 |
| Total Unusual Items | - | - | $0 | $-250,000 |
| Total Unusual Items Excluding Goodwill | - | - | $0 | $-250,000 |
| Restructuring And Mergern Acquisition | - | - | $0 | $250,000 |
| Other Gand A | - | - | - | $1,629,000 |
Fetched: 2026-06-18
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $174,582,000 | $171,204,000 | $160,683,000 | $161,933,000 |
| Total Assets | $2,383,096,000 | $2,312,110,000 | $2,270,060,000 | $2,149,535,000 |
| Goodwill And Other Intangible Assets | $25,684,000 | $25,434,000 | $24,147,000 | $23,974,000 |
| Other Intangible Assets | $6,516,000 | $6,266,000 | $4,979,000 | $4,806,000 |
| Prepaid Assets | $3,247,000 | $3,377,000 | $3,503,000 | $3,534,000 |
| Receivables | $11,780,000 | $11,849,000 | $11,915,000 | $10,636,000 |
| Accounts Receivable | $11,780,000 | $11,849,000 | $11,915,000 | $10,636,000 |
| Cash And Cash Equivalents | $208,904,000 | $162,857,000 | $176,684,000 | $192,110,000 |
| Cash Financial | $95,791,000 | $12,768,000 | $10,277,000 | $5,496,000 |
| Cash Cash Equivalents And Federal Funds Sold | $208,904,000 | $162,857,000 | $177,207,000 | $192,624,000 |
| Debt | ||||
| Total Debt | $136,035,000 | $141,519,000 | $164,047,000 | $215,369,000 |
| Long Term Debt And Capital Lease Obligation | $136,035,000 | $141,519,000 | $164,047,000 | $215,369,000 |
| Long Term Debt | $125,468,000 | $132,494,000 | $153,588,000 | $204,470,000 |
| Net Debt | - | - | - | $12,360,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,182,830,000 | $2,115,472,000 | $2,085,230,000 | $1,963,628,000 |
| Payables And Accrued Expenses | $1,741,000 | $1,532,000 | $1,724,000 | $1,821,000 |
| Payables | $1,741,000 | $1,532,000 | $1,724,000 | $1,821,000 |
| Accounts Payable | $1,741,000 | $1,532,000 | $1,724,000 | $1,821,000 |
| Equity | ||||
| Common Stock Equity | $195,225,000 | $191,597,000 | $181,867,000 | $182,944,000 |
| Preferred Stock Equity | $5,041,000 | $5,041,000 | $2,963,000 | $2,963,000 |
| Total Equity Gross Minority Interest | $200,266,000 | $196,638,000 | $184,830,000 | $185,907,000 |
| Stockholders Equity | $200,266,000 | $196,638,000 | $184,830,000 | $185,907,000 |
| Gains Losses Not Affecting Retained Earnings | $-680,000 | $-1,334,000 | $-2,450,000 | $-1,322,000 |
| Other Equity Adjustments | $-680,000 | $-1,334,000 | $-2,450,000 | $-1,322,000 |
| Retained Earnings | $72,401,000 | $67,922,000 | $58,551,000 | $58,693,000 |
| Other | ||||
| Ordinary Shares Number | $7,135,403 | $7,152,127 | $7,195,012 | $7,170,419 |
| Share Issued | $7,135,403 | $7,152,127 | $7,195,012 | $7,170,419 |
| Tangible Book Value | $169,541,000 | $166,163,000 | $157,720,000 | $158,970,000 |
| Invested Capital | $320,693,000 | $324,091,000 | $335,455,000 | $387,414,000 |
| Capital Lease Obligations | $10,567,000 | $9,025,000 | $10,459,000 | $10,899,000 |
| Total Capitalization | $325,734,000 | $329,132,000 | $338,418,000 | $390,377,000 |
| Additional Paid In Capital | $123,433,000 | $124,937,000 | $125,694,000 | $125,501,000 |
| Capital Stock | $5,112,000 | $5,113,000 | $3,035,000 | $3,035,000 |
| Common Stock | $71,000 | $72,000 | $72,000 | $72,000 |
| Preferred Stock | $5,041,000 | $5,041,000 | $2,963,000 | $2,963,000 |
| Long Term Capital Lease Obligation | $10,567,000 | $9,025,000 | $10,459,000 | $10,899,000 |
| Investments And Advances | $100,569,000 | $87,513,000 | $65,460,000 | $14,997,000 |
| Held To Maturity Securities | $1,017,000 | $3,758,000 | $4,041,000 | $4,108,000 |
| Available For Sale Securities | $62,625,000 | $51,607,000 | - | - |
| Goodwill | $19,168,000 | $19,168,000 | $19,168,000 | $19,168,000 |
| Net PPE | $14,313,000 | $15,337,000 | $15,886,000 | $16,057,000 |
| Accumulated Depreciation | $-11,448,000 | $-10,082,000 | - | $-8,149,000 |
| Gross PPE | $25,761,000 | $25,419,000 | $15,886,000 | $24,206,000 |
| Leases | $4,507,000 | $4,248,000 | - | $4,247,000 |
| Machinery Furniture Equipment | $9,082,000 | $8,695,000 | - | $7,491,000 |
| Buildings And Improvements | $10,572,000 | $10,876,000 | - | $10,868,000 |
| Land And Improvements | $1,600,000 | $1,600,000 | - | $1,600,000 |
| Other Short Term Investments | $36,927,000 | $83,755,000 | $61,419,000 | $10,889,000 |
| Other Properties | - | - | $15,886,000 | $10,193,000 |
| Construction In Progress | - | - | - | $0 |
Fetched: 2026-06-18
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $12,182,000 | $4,148,000 | $12,994,000 | $23,959,000 |
| Operating Activities | ||||
| Operating Cash Flow | $13,051,000 | $5,440,000 | $16,401,000 | $25,081,000 |
| Cash Flow From Continuing Operating Activities | $13,051,000 | $5,440,000 | $16,401,000 | $25,081,000 |
| Operating Gains Losses | $-7,727,000 | $-10,971,000 | $-4,093,000 | $-5,248,000 |
| Investing Activities | ||||
| Capital Expenditure | $-869,000 | $-1,292,000 | $-3,407,000 | $-1,122,000 |
| Investing Cash Flow | $-27,948,000 | $-45,358,000 | $-256,360,000 | $-374,146,000 |
| Cash Flow From Continuing Investing Activities | $-27,948,000 | $-45,358,000 | $-256,360,000 | $-374,146,000 |
| Net Other Investing Changes | $93,000 | $727,000 | $-4,267,000 | $-2,566,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-1,830,000 | $0 | - | - |
| Financing Cash Flow | $60,944,000 | $25,568,000 | $282,636,000 | $332,468,000 |
| Cash Flow From Continuing Financing Activities | $60,944,000 | $25,568,000 | $282,636,000 | $332,468,000 |
| Net Other Financing Charges | $-779,000 | $-198,000 | $-170,000 | $-28,000 |
| Cash Dividends Paid | $-3,009,000 | $-2,960,000 | $-2,929,000 | $-2,042,000 |
| Common Stock Dividend Paid | $-3,009,000 | $-2,960,000 | $-2,929,000 | $-2,042,000 |
| Net Common Stock Issuance | $-1,830,000 | $0 | $0 | $27,729,000 |
| Issuance Of Capital Stock | - | - | $0 | $27,729,000 |
| Common Stock Issuance | - | - | $0 | $27,729,000 |
| Other | ||||
| Repayment Of Debt | $-7,080,000 | $-41,148,000 | $-16,568,000 | $-112,710,000 |
| Issuance Of Debt | $0 | $20,000,000 | $100,725,000 | $0 |
| Interest Paid Supplemental Data | $69,793,000 | $80,122,000 | $49,645,000 | $7,550,000 |
| Income Tax Paid Supplemental Data | $2,581,000 | $4,034,000 | $4,404,000 | $6,466,000 |
| End Cash Position | $208,904,000 | $162,857,000 | $192,624,000 | $149,947,000 |
| Beginning Cash Position | $162,857,000 | $177,207,000 | $149,947,000 | $166,544,000 |
| Changes In Cash | $46,047,000 | $-14,350,000 | $42,677,000 | $-16,597,000 |
| Proceeds From Stock Option Exercised | $-468,000 | $-68,000 | $106,000 | $0 |
| Common Stock Payments | $-1,830,000 | $0 | - | - |
| Net Issuance Payments Of Debt | $-7,080,000 | $-21,148,000 | $78,157,000 | $-57,710,000 |
| Net Long Term Debt Issuance | $-7,080,000 | $-21,148,000 | $84,157,000 | $-112,710,000 |
| Long Term Debt Payments | $-7,080,000 | $-41,148,000 | $-16,568,000 | $-112,710,000 |
| Long Term Debt Issuance | $0 | $20,000,000 | $100,725,000 | $0 |
| Net Investment Purchase And Sale | $-11,494,000 | $-21,384,000 | $352,000 | $-1,369,000 |
| Sale Of Investment | $119,461,000 | $601,245,000 | $352,000 | $6,631,000 |
| Purchase Of Investment | $-130,955,000 | $-622,629,000 | $0 | $-8,000,000 |
| Net PPE Purchase And Sale | $-569,000 | $-1,292,000 | $-3,407,000 | $-1,122,000 |
| Sale Of PPE | $300,000 | $0 | - | - |
| Purchase Of PPE | $-869,000 | $-1,292,000 | $-3,407,000 | $-1,122,000 |
| Change In Working Capital | $-2,861,000 | $-6,600,000 | $-3,216,000 | $597,000 |
| Change In Other Current Liabilities | $-1,783,000 | $3,069,000 | $-264,000 | $160,000 |
| Change In Other Current Assets | $-1,356,000 | $-9,543,000 | $-1,768,000 | $-5,000 |
| Change In Payables And Accrued Expense | $209,000 | $-192,000 | $906,000 | $-375,000 |
| Change In Payable | $209,000 | $-192,000 | $906,000 | $-375,000 |
| Change In Account Payable | $209,000 | $-192,000 | $906,000 | $-375,000 |
| Change In Receivables | $69,000 | $66,000 | $-2,090,000 | $817,000 |
| Changes In Account Receivables | $69,000 | $66,000 | $-2,090,000 | $817,000 |
| Other Non Cash Items | $-3,765,000 | $-1,331,000 | $-697,000 | $550,000 |
| Stock Based Compensation | $1,572,000 | $1,587,000 | $1,871,000 | $1,684,000 |
| Deferred Tax | $2,001,000 | $594,000 | $1,196,000 | $1,318,000 |
| Deferred Income Tax | $2,001,000 | $594,000 | $1,196,000 | $1,318,000 |
| Depreciation Amortization Depletion | $4,149,000 | $3,869,000 | $3,492,000 | $1,744,000 |
| Depreciation And Amortization | $4,149,000 | $3,869,000 | $3,492,000 | $1,744,000 |
| Amortization Cash Flow | $54,000 | $61,000 | $72,000 | $81,000 |
| Amortization Of Intangibles | $54,000 | $61,000 | $72,000 | $81,000 |
| Depreciation | $4,095,000 | $3,808,000 | $3,420,000 | $1,663,000 |
| Gain Loss On Investment Securities | $-215,000 | $-31,000 | $0 | $-105,000 |
| Gain Loss On Sale Of PPE | $-167,000 | $0 | - | - |
| Net Income From Continuing Operations | $7,488,000 | $12,346,000 | $15,164,000 | $23,556,000 |
| Net Short Term Debt Issuance | - | $0 | $-6,000,000 | $55,000,000 |
| Net Business Purchase And Sale | - | - | - | $0 |
| Sale Of Business | - | - | - | $0 |
| Purchase Of Business | - | - | - | $0 |
Fetched: 2026-06-18