Hanover Bancorp, Inc. (HNVR)

NASDAQ: HNVR · IEX Real-Time Price · USD
19.60
+0.10 (0.51%)
Feb 6, 2023, 2:34 PM EST - Market open
0.51%
Market Cap 138.05M
Revenue (ttm) 65.68M
Net Income (ttm) 23.56M
Shares Out 7.15M
EPS (ttm) 3.68
PE Ratio 5.33
Forward PE n/a
Dividend $0.30 (1.53%)
Ex-Dividend Date Nov 7, 2022
Volume 1,636
Open 19.60
Previous Close 19.50
Day's Range 19.26 - 19.62
52-Week Range 18.44 - 24.68
Beta n/a
Analysts Buy
Price Target 24.48 (+24.9%)
Earnings Date Jan 25, 2023

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 in the New York metro area. The company offers checking, savings, money market, NOW, and individual retirement accounts, as well as certificates of deposits and time deposits; cards; and residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, and small business administration loans, as well as home equit... [Read more]

Sector Financials
IPO Date May 11, 2022
Employees 162
Stock Exchange NASDAQ
Ticker Symbol HNVR
Full Company Profile

Financial Performance

In 2022, HNVR's revenue was $65.68 million, an increase of 49.07% compared to the previous year's $44.06 million. Earnings were $23.56 million, an increase of 117.09%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for HNVR stock is "Buy." The 12-month stock price forecast is $24.48, which is an increase of 24.90% from the latest price.

Price Target
$24.48
(24.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

3 IPO stocks to watch in September: PEPG, PFHC, HNVR

Initial public offerings (IPOs) are often the most common route companies use to hit the public markets and raise money

Other symbols: PEPG
5 months ago - Finbold

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...

6 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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.

9 months ago - Barrons