Hanover Bancorp, Inc.
NMS: HNVRLive Quote
📈 ZcoreAI Score
Our AI model analyzes Hanover Bancorp, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.
Get HNVR Z-Score →About Hanover Bancorp, Inc.
Financial Services
Banks - Regional
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.
📊 Fundamental Analysis
Hanover Bancorp, Inc. demonstrates a profit margin of 11.9%, which is below the sector average, suggesting competitive pressure.
The company recently reported -29.0% revenue growth, which is negative, indicating a recent decline in revenue.
Return on Equity (ROE) is 3.8%, which suggests room for improvement in capital utilization.
At a current price of $22.47, HNVR currently sits at the 64th percentile of its 52-week range (Range: $19.08 - $24.36).
💰 Valuation Insight
HNVR trades at a 87.2% premium to the sector average PE of 12.00. Analysts expect earnings growth, as indicated by a lower forward PE.
🏥 Financial Health
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Profit Margin
Weak
🔴
Revenue Growth
Weak
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Return on Equity
Weak
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Beta (Risk)
Low Volatility
Key Financials
Market Cap
$161.61M
Trailing P/E
22.47
Forward P/E
7.95
Beta (5Y)
0.04
52W High
$24.36
52W Low
$19.08
Avg Volume
12K
Day High
Day Low