Hanover Bancorp Inc HNVR

$22.93 -0.50 (-2.13%)

Valuation

Market cap
165,308,000
Revenue TTM
$143,320,000
Net income TTM
$7,490,000
P/E (trailing)
13.57
P/E (forward)
9.75
Profit margin
5.23%
Debt to equity
0.17

Trading

Volume
19,000
Avg volume
29,286
Day's range
$22.28 – $23.32
Shares out
7,055,000
Stochastic %K
52%
Beta
0.13
Analysts
Moderate Buy
Price target
$27.00

Price

Company profile

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 certific...

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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.

Industry
Banks - Regional
Sector
Financial Services
Phone
516 548 8500
Website
https://www.hanoverbank.com
Address
80 East Jericho Turnpike, Mineola, United States

Latest news

Stocktwits

LALC_Capital Oct 28, 9:11 PM
$HNVR grew net interest income 12% in Q3, but nonperforming loans rose to 1.40% of loans from 1.08% at year end. for a small bank, which one do you weigh more right now, the income growth or the credit trend?
0 replies
LALC_Capital Oct 28, 2:56 PM
$HNVR Q3 net income came in at 4.3M against 3.5M a year ago, helped by net interest income up 12% to 17.0M and a smaller credit-loss provision (1.1M vs 1.3M). On the other side, gains on SBA loan sales fell, the margin dipped to 3.02% from 3.10% in Q2, and nonperforming loans rose to 29.1M, 1.40% of loans against 1.08% at year end. They also bought back 2.2M of stock in the quarter. Release: https://www.sec.gov/Archives/edgar/data/1828588/000110465926119369/hnvr-ex99d1.htm
0 replies
SuperGreenToday Apr 22, 6:52 AM
$HNVR
0 replies
focafoca99 Mar 12, 10:29 PM
$HNVR raised $35M through subordinated note purchase agreements and paired it with registration-rights docs. Thats real funding, not fluff.
0 replies
BillionerOfKing Feb 27, 9:09 PM
$HNVR Current Stock Price: $21.03
0 replies
BillionerOfKing Jan 1, 3:00 PM
$HNVR Current Stock Price: $23.10
0 replies
RemoteSensing Dec 26, 10:29 AM
$HNVR The investment setup is entering a phase where operational credibility carries greater weight. Strategic direction should avoid unnecessary detours. Momentum stabilizes only when delivery becomes predictable. Patience is sensible — but only if matched by progress.
0 replies
RenewableRexV2 Dec 25, 10:13 AM
$HNVR Investor focus is migrating toward execution sequencing, where each milestone now functions as a credibility checkpoint. Delivery cadence is becoming the real competitive edge.
0 replies