Hanover Bancorp, Inc. (HNVR)

NASDAQ: HNVR · Real-Time Price · USD
23.01
+0.33 (1.46%)
At close: May 20, 2026, 4:00 PM EDT
23.03
+0.01 (0.07%)
After-hours: May 20, 2026, 4:10 PM EDT
Market Cap164.67M -0.6%
Revenue (ttm)63.75M -2.0%
Net Income7.64M -20.0%
EPS1.05 -19.9%
Shares Out 7.16M
PE Ratio21.92
Forward PE9.15
Dividend$0.40 (1.74%)
Ex-Dividend DateMay 11, 2026
Volume39,618
Open22.88
Previous Close22.68
Day's Range22.80 - 23.43
52-Week Range19.91 - 24.49
Beta0.12
AnalystsHold
Price Target24.25 (+5.39%)
Earnings DateApr 27, 2026

About HNVR

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 cred... [Read more]

Sector Financials
IPO Date May 11, 2022
Employees 194
Stock Exchange NASDAQ
Ticker Symbol HNVR
Full Company Profile

Financial Performance

In 2025, Hanover Bancorp's revenue was $62.94 million, a decrease of -0.87% compared to the previous year's $63.49 million. Earnings were $7.29 million, a decrease of -39.02%.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for HNVR stock is "Hold." The 12-month stock price target is $24.25, which is an increase of 5.39% from the latest price.

Price Target
$24.25
(5.39% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Hanover Bancorp, Inc. Reports First Quarter 2026 Results Highlighted by Continued Margin Expansion and Declares $0.10 Quarterly Cash Dividend

First Quarter Performance Highlights Net Income: Net income for the quarter ended March 31, 2026 totaled $1.9 million or $0.25 per diluted share (including Series A preferred shares). Adjusted (non-GA...

23 days ago - GlobeNewsWire

Hanover Bancorp Earnings release: Q1 2026

Hanover Bancorp released its Q1 2026 earnings on April 27, 2026, summarizing the period's financial results.

23 days ago - Filings

Hanover Bancorp Quarterly report: Q1 2026

Hanover Bancorp has published its Q1 2026 quarterly earnings report on April 27, 2026.

23 days ago - Filings

Hanover Bancorp Proxy statement: Proxy filing

Hanover Bancorp filed a proxy statement on April 23, 2026, providing details for shareholder voting and corporate governance matters.

27 days ago - Filings

Hanover Bancorp price target lowered to $26.50 from $27 at Piper Sandler

Piper Sandler lowered the firm’s price target on Hanover Bancorp (HNVR) to $26.50 from $27 and keeps an Overweight rating on the shares. While the quarterly results were not ideal…

3 months ago - TheFly

Hanover names William Newham chief commercial real estate lending officer

Hanover Bancorp (HNVR) announced the appointment of William Newham to the position of executive VP and chief commercial real estate lending officer.

3 months ago - TheFly

Hanover Bancorp, Inc. Announces the Addition of a New Chief Commercial Real Estate Lending Officer

MINEOLA, N.Y., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (NASDAQ: HNVR) (the “Company”), the bank holding company for Hanover Community Bank (the “Bank” or “Hanover”), today announced th...

3 months ago - GlobeNewsWire

Hanover Bancorp reports Q EPS 0c, consensus 52c

Reports Q4 tangible book value per share $24.41. Reports Q4 CET1 capital ratio 12.90%. Michael Puorro, chairman and CEO, commented on the company’s quarterly results: “Our fourth quarter core performa...

3 months ago - TheFly

Hanover Bancorp, Inc. Reports 2025 Full Year and Fourth Quarter Results and Declares $0.10 Quarterly Cash Dividend

Fourth Quarter Performance Highlights Net Income: Net income for the quarter ended December 31, 2025 totaled $33 thousand (after giving effect to a $6.1 million provision for credit losses), versus $3...

3 months ago - GlobeNewsWire

Hanover Bancorp Annual report: Q4 2025

Hanover Bancorp has published its Q4 2025 annual report on January 29, 2026.

3 months ago - Filings

Hanover Bancorp Earnings release: Q4 2025

Hanover Bancorp released its Q4 2025 earnings on January 29, 2026, summarizing the period's financial results.

3 months ago - Filings

Hanover Bancorp price target raised to $27 from $25 at Piper Sandler

Piper Sandler raised the firm’s price target on Hanover Bancorp (HNVR) to $27 from $25 and keeps an Overweight rating on the shares. The company has a lower-risk balance sheet…

5 months ago - TheFly

Hanover Bancorp reports Q3 EPS 47c, consensus 47c

Reports Q3 tangible book value per share $24.43. Reports Q3 CET1 capital ratio 13.13%. Michael P. Puorro, Chairman and Chief Executive Officer, commented on the Company’s quarterly results: “Our third...

7 months ago - TheFly

Hanover Bancorp, Inc. Reports Third Quarter 2025 Results and Declares $0.10 Quarterly Cash Dividend

Third Quarter Performance Highlights Net Income: Net income for the quarter ended September 30, 2025 totaled $3.5 million or $0.47 per diluted share (including Series A preferred shares), versus $2.4 ...

7 months ago - GlobeNewsWire

Hanover Bancorp Quarterly report: Q3 2025

Hanover Bancorp has published its Q3 2025 quarterly earnings report on October 30, 2025.

7 months ago - Filings

Hanover Bancorp Earnings release: Q3 2025

Hanover Bancorp released its Q3 2025 earnings on October 30, 2025, summarizing the period's financial results.

7 months ago - Filings

Hanover Bancorp launches redesigned website

Hanover Community Bank announced the launch of its completely redesigned website, aimed at delivering a significantly improved digital experience through enhanced features, responsive functionality, a...

8 months ago - TheFly

Your Bank - Your Way: Hanover Bank Launches Dynamic New Website

MINEOLA, N.Y., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Hanover Community Bank (“Hanover Bank”), the bank subsidiary of Hanover Bancorp (Nasdaq: HNVR), today announced the launch of its completely redesigne...

8 months ago - GlobeNewsWire

Hanover Bancorp initiated with a Market Perform at Hovde Group

Hovde Group initiated coverage of Hanover Bancorp (HNVR) with a Market Perform rating and $24 price target

10 months ago - TheFly

Hanover Bancorp launches radio, digital audio advertising campaign

Hanover Community Bank announces the launch of its radio and digital audio advertising campaign, marking a major step forward in its strategic growth and marketing efforts. This inaugural venture into...

10 months ago - TheFly

Hanover Bank Launches Inaugural Radio & Digital Audio Campaign to Reinforce Community Commitment & Growth Strategy

MINEOLA, N.Y., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Hanover Community Bank (“Hanover Bank”), the bank subsidiary of Hanover Bancorp (Nasdaq: HNVR), is excited to announce the launch of its first-ever rad...

10 months ago - GlobeNewsWire

Hanover Bancorp price target lowered to $22.50 from $23.50 at Stephens

Stephens lowered the firm’s price target on Hanover Bancorp (HNVR) to $22.50 from $23.50 and keeps an Equal Weight rating on the shares, calling Q2 results “a bit of a…

10 months ago - TheFly

Hanover Bancorp reports Q2 EPS 33c vs. 11c last year

Reports Q2 tangible book value per share $23.94. Reports Q2 CET1 capital ratio 13.16%.

10 months ago - TheFly

Hanover Bancorp, Inc. Reports Second Quarter 2025 Results Highlighted by Strong Demand Deposit Growth, Continued Margin Expansion and Its Inclusion in the Russell 2000 Index

Second Quarter Performance Highlights Net Income: Net income for the quarter ended June 30, 2025 totaled $2.4 million or $0.33 per diluted share (including Series A preferred shares). Pre-Provision Ne...

10 months ago - GlobeNewsWire

Hanover Bancorp Quarterly report: Q2 2025

Hanover Bancorp has published its Q2 2025 quarterly earnings report on July 23, 2025.

10 months ago - Filings