Hanover Bancorp, Inc.

Hanover Bancorp, Inc.

HNVR
Hanover Bancorp, Inc.US flagNASDAQ Global Select
24.66
USD
-0.21
- -
176.48MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.01
9.85
11.13
8.65
- -
9.24
9.81
9.92
Basic EPS, GAAP
0.7
2.37
3.74
2.07
- -
1.67
1
1.05
Free Cash Flow per Basic Share
-0.07
2.43
3.8
1.78
- -
0.56
1.63
1.26
Dividend per Share
- -
- -
0.32
0.4
- -
0.4
0.4
0.4
Book Value per Share
1.99
5.47
7.39
8.03
- -
9.18
9.7
9.86
Tangible Book Value per Share
10.69
21.68
23.59
21.72
- -
22.44
22.69
22.92
Basic Weighted Avg Shares
7
5
6
7
- -
7
7
7
Sales/Revenue/Turnover
28
45
70
63
- -
68
73
74
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
2
3
- -
4
4
6
Net Income, GAAP
5
11
24
15
- -
12
7
8
Effective Tax Rate (%)
19.95
22.78
22.75
24.88
- -
24.62
24.77
29.73
Profit Margin (%)
17.46
24.08
33.59
23.94
- -
18.04
10.21
10.59
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
100
184
126
215
164
142
136
128
Total Equity
78
123
173
186
185
197
200
201
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
55.38
65.82
28.8
- -
19.5
10.66
11.02

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
125
125
119
LT Finance Leases
11
11
9
Preferred Equity and Hybrid Capital
5
5
5
Shares Outstanding
7
7
7
Market Capitalization
168
173
161

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
204
246
234
Accounts Receivable, Net
12
12
12
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
2
2
2
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
11.25%
1.85%
Free Cash Flow
- -
- -
193.68%
Net Income, GAAP
- -
- -
-39.35%
Sales/Revenue/Turnover
- -
- -
7.14%
Total Cash Common Dividend
- -
- -
1.66%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17
17
17
18
68
2025
18
18
18
19
73
2026
19
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.55
0.11
0.48
0.53
1.67
2025
0.2
0.33
0.47
- -
1
2026
0.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.1
0.1
0.1
0.4
2025
0.1
0.1
0.1
0.1
0.4
2026
0.1
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Michael Puorro
Full Time Employees
194
Sector
Financial Services
Industry
Banks - Regional
Address
80 East Jericho Turnpike Mineola NY United States of America 11501
IPO Date
May 11, 2022
Business
Hanover Bancorp, Inc. operates as the bank holding company for The Hanover National Bank, providing a range of financial products and services primarily in the United States. Its core offerings include commercial and retail banking services such as commercial loans, consumer loans, mortgage loans, deposit products including checking, savings, and certificate of deposit accounts, wealth management services, and treasury management solutions. Hanover Bancorp serves individual customers, small- and medium-sized businesses, and commercial clients through its branch network and digital banking platforms primarily in the Northeast region. Founded in 1907 and headquartered in Hanover, Pennsylvania, the company focuses on regional banking markets with a strong commitment to community banking principles. In recent years, Hanover Bancorp has expanded its service offerings with enhancements in digital and online banking capabilities to meet evolving customer demands. The firm has also engaged in strategic partnerships to bolster its technological infrastructure and has focused on improving its wealth management advisory services. There have been no public announcements of major acquisitions or name changes within the last two years; however, the company maintains its strategic direction towards expanding its commercial banking and wealth management segments while enhancing operational efficiency through technology investments. Hanover Bancorp continues to emphasize stable growth in its core banking operations with a strong regional presence in Pennsylvania and adjoining states. In summary, Hanover Bancorp, Inc. is a regional bank holding company specializing in commercial and consumer banking products, mortgage services, and wealth management, operating principally in the Northeastern United States, founded in 1907 with headquarters in Hanover, Pennsylvania. The company is advancing its digital banking capabilities and wealth management services while maintaining its focus on steady regional market growth and community banking values.

Company News

APIChatGPT
  • Hanover Bancorp, Inc. Appoints Kevin O'Connor President

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

  • Comparing Hanover Bancorp (NASDAQ:HNVR) & Merchants Bancorp (NASDAQ:MBIN)

  • Hanover Bancorp, Inc. (NASDAQ:HNVR) Receives $24.33 Consensus Target Price from Brokerages

  • Comparing Southern Michigan Bancorp (OTCMKTS:SOMC) & Hanover Bancorp (NASDAQ:HNVR)

  • Head to Head Review: Hanover Bancorp (NASDAQ:HNVR) vs. Town and Country Financial (OTCMKTS:TWCF)

  • Hanover Bancorp, Inc. (HNVR) Reports Break-Even Earnings for Q4

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

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

  • Hanover Bancorp (HNVR) Stock Jumps 5.3%: Will It Continue to Soar?

  • Hanover Bancorp, Inc. (NASDAQ:HNVR) Receives $24.50 Consensus Price Target from Brokerages

  • Hanover Bancorp (NASDAQ:HNVR) & Union Bankshares (NASDAQ:UNB) Head to Head Analysis

  • Hanover Bancorp, Inc. (NASDAQ:HNVR) Receives $24.50 Average PT from Analysts

  • Financial Review: Hanover Bancorp (NASDAQ:HNVR) versus Hawthorn Bancshares (NASDAQ:HWBK)

  • Hanover Bancorp (NASDAQ:HNVR) Stock Price Up 5% – Should You Buy?

  • Hanover Bancorp, Inc. (HNVR) Q3 Earnings and Revenues Lag Estimates

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

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

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

  • Hanover Bancorp, Inc. (HNVR) Misses Q2 Earnings and Revenue Estimates