Hanover Bancorp, Inc. (HNVR)
| Market Cap | 118.92M |
| Revenue (ttm) | 60.45M |
| Net Income (ttm) | 13.59M |
| Shares Out | 7.23M |
| EPS (ttm) | 1.84 |
| PE Ratio | 8.94 |
| Forward PE | 8.29 |
| Dividend | $0.40 (2.43%) |
| Ex-Dividend Date | May 7, 2024 |
| Volume | 25,853 |
| Open | 16.52 |
| Previous Close | 16.42 |
| Day's Range | 16.45 - 16.87 |
| 52-Week Range | 13.62 - 18.91 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 21.00 (+27.66%) |
| Earnings Date | Apr 17, 2024 |
About HNVR
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 ... [Read more]
Financial Performance
In 2023, HNVR's revenue was $59.91 million, a decrease of -8.78% compared to the previous year's $65.68 million. Earnings were $15.16 million, a decrease of -35.63%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for HNVR stock is "Buy" and the 12-month stock price forecast is $21.0.
News
Hanover Bancorp, Inc. Reports Earnings for the First Quarter with Increased Net Income and Net Interest Income and Strong Non-interest Income
First Quarter Performance Highlights Net Income: Net income for the quarter ended March 31, 2024 totaled $4.1 million or $0.55 per diluted share (including Series A preferred shares), versus $3.8 mill...
Hanover Bancorp, Inc. Reports Earnings for the Fourth Calendar Quarter highlighted by Increased Net Income and Net Interest Income and Strong Non-interest Income
Fourth Calendar Quarter Performance Highlights Net Income: Net income for the quarter ended December 31, 2023 totaled $3.8 million or $0.51 per diluted share (including Series A preferred shares), ver...
Hanover Bancorp Announces Joseph Burns as its New Executive Vice President, Chief Lending Officer
MINEOLA, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Hanover Bancorp, (NASDAQ: HNVR) (the “Bank”) the bank holding company for Hanover Community Bank, today announced the appointment of Mr. Joseph Burns t...
Hanover Bancorp, Inc. Reports Earnings for the Third Calendar Quarter and Fiscal Year 2023 and Declares $0.10 Quarterly Cash Dividend
Third Calendar Quarter and Fiscal Year Performance Highlights Net Income: Net income for the quarter ended September 30, 2023 totaled $3.5 million or $0.48 per diluted share (including Series A prefer...
Hanover Bancorp Approves New Share Repurchase Program
MINEOLA, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (NASDAQ: HNVR) (the “Company”), parent company of Hanover Community Bank (the “Bank”), announced that its Board of Directors has ...
Hanover Bancorp, Inc. Reports Earnings for the Third Fiscal Quarter and Declares $0.10 Quarterly Cash Dividend
Third Fiscal Quarter Performance Highlights Net Income: Net income for the quarter ended June 30, 2023 totaled $3.1 million or $0.42 per diluted share (including Series A preferred shares), inclusive ...
Hanover Bank Opens Business Banking Center in Hauppauge, Long Island
MINEOLA, N.Y., May 22, 2023 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (Nasdaq: HNVR) (the "Company"), parent company of Hanover Community Bank (the “Bank”), announced today that it expanded the Compan...
Hanover Bank Announces Appointment of New President
MINEOLA, N.Y., April 27, 2023 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc., (NASDAQ: HNVR) the holding company for Hanover Community Bank, today announced that effective immediately McClelland (Mac) Wilc...
Hanover Bancorp, Inc. Reports Earnings for the Second Fiscal Quarter and Declares $0.10 Quarterly Cash Dividend
Second Fiscal Quarter Performance Highlights Net Income: Net income for the quarter ended March 31, 2023 totaled $3.2 million or $0.43 per diluted share (including Series A preferred shares). Adjusted...
Hanover Bancorp, Inc. Reports Earnings for the Fourth Calendar Quarter, Strong Net Loan Growth and Declares $0.10 Quarterly Cash Dividend
Fourth Calendar Quarter Performance Highlights
Hanover Bancorp, Inc. Reports Earnings for the Third Calendar Quarter and Fiscal Year 2022 and Declares $0.10 Quarterly Cash Dividend
Third Calendar Quarter and Fiscal Year Performance Highlights
Hanover Bancorp Announces Inclusion in Prestigious Piper Sandler Sm-All Star Class of 2022
MINEOLA, N.Y., Sept. 23, 2022 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (Nasdaq: HNVR) (the "Company"), parent company of Hanover Community Bank, is thrilled to announce that they have been included i...
Hanover Bancorp, Inc. Reports Third Fiscal Quarter Net Income of $5.3 million, Announces New Jersey Expansion and Plans for Long Island Expansion and Declares $0.10 Quarterly Cash Dividend
Third Fiscal Quarter Highlights
Hanover Bank to Open Suffolk County, Long Island Location
MINEOLA, N.Y., July 25, 2022 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (Nasdaq: HNVR) (the "Company"), parent company of Hanover Community Bank (the “Bank”), announced today that it is once again expa...
Hanover Bancorp, Inc. Announces Closing on Overallotment Option and Issuance of 191,250 Shares of Common Stock
MINEOLA, N.Y., June 06, 2022 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (Nasdaq: HNVR) (the "Company"), parent company of Hanover Community Bank, today announced that the underwriters for its recently ...
Hanover Bancorp, Inc. Announces $0.10 Per Share Quarterly Cash Dividend
MINEOLA, N.Y., June 01, 2022 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (NASDAQ “HNVR”), the holding company for Hanover Community Bank (“the Bank”), today announced that its Board of Directors had dec...
Hanover Bancorp, Inc. Completes Initial Public Offering and Reports Second Fiscal Quarter Net Income of $5.9 million
Second Fiscal Quarter Highlights
Hanover Bancorp Stock Made Its Trading Debut. What Investors Need to Know.
Hanover Bancorp, the parent company of Hanover Community Bank, made its trading debut as a public company.