HNVR icon

Hanover Bancorp

23.19 USD
-0.20
0.86%
At close Apr 30, 4:00 PM EDT
1 day
-0.86%
5 days
5.89%
1 month
5.75%
3 months
-13.47%
6 months
16.65%
Year to date
3.30%
1 year
39.70%
5 years
15.32%
10 years
15.32%
 

About: Hanover Bancorp Inc is a United States-based banking company. It offers a full range of financial services and employs a complete suite of consumer and commercial banking products and services, including multi-family and commercial mortgages, residential loans, business loans, and lines of credit.

Employees: 185

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

550% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 2

74% more capital invested

Capital invested by funds: $20M [Q3] → $34.9M (+$14.9M) [Q4]

61% more funds holding

Funds holding: 18 [Q3] → 29 (+11) [Q4]

20% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 5

5.49% more ownership

Funds ownership: 15.69% [Q3] → 21.18% (+5.49%) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for HNVR.

Financial journalist opinion

Based on 4 articles about HNVR published over the past 30 days

Positive
Zacks Investment Research
1 week ago
Hanover Bancorp, Inc. (HNVR) Q1 Earnings and Revenues Top Estimates
Hanover Bancorp, Inc. (HNVR) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.55 per share a year ago.
Hanover Bancorp, Inc. (HNVR) Q1 Earnings and Revenues Top Estimates
Neutral
GlobeNewsWire
1 week ago
Hanover Bancorp, Inc. Reports First Quarter 2025 Results Highlighted by Accelerated Margin Expansion, Improved Credit Quality Metrics & Successful Core Banking System Conversion
First Quarter Performance Highlights Net Income: Net income for the quarter ended March 31, 2025 totaled $1.5 million or $0.20 per diluted share (including Series A preferred shares). Adjusted (non-GAAP) net income (excluding core system conversion expenses of $2.6 million, net of tax) increased to $4.1 million or $0.55 per diluted share for the quarter ended March 31, 2025.
Hanover Bancorp, Inc. Reports First Quarter 2025 Results Highlighted by Accelerated Margin Expansion, Improved Credit Quality Metrics & Successful Core Banking System Conversion
Neutral
GlobeNewsWire
1 week ago
Hanover Bank Announces Core Banking System Conversion to Drive Digital Growth
MINEOLA, N.Y., April 22, 2025 (GLOBE NEWSWIRE) -- Hanover Bank, the bank subsidiary of Hanover Bancorp (Nasdaq “HNVR”), is excited to announce its conversion to a new core banking system, a significant technological upgrade designed to improve the banking experience for our clients, streamline operations for employees, and drive greater value for all our stakeholders. Our core banking system conversion was successfully completed on Tuesday, February 18, 2025.
Hanover Bank Announces Core Banking System Conversion to Drive Digital Growth
Neutral
GlobeNewsWire
3 weeks ago
Hanover Bank Unveils a Refreshed Logo to Reflect Commitment to Innovation and Growth
MINEOLA, N.Y., April 08, 2025 (GLOBE NEWSWIRE) -- Hanover Bank, the bank subsidiary of Hanover Bancorp (Nasdaq “HNVR”) is excited to unveil its new logo, a brand identity refresh that embodies our continued evolution into a financial services leader recognized for delivering digital banking solutions with unparalleled service.
Hanover Bank Unveils a Refreshed Logo to Reflect Commitment to Innovation and Growth
Positive
Zacks Investment Research
3 months ago
Hanover Bancorp, Inc. (HNVR) Q4 Earnings and Revenues Top Estimates
Hanover Bancorp, Inc. (HNVR) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.54 per share a year ago.
Hanover Bancorp, Inc. (HNVR) Q4 Earnings and Revenues Top Estimates
Neutral
GlobeNewsWire
3 months ago
Hanover Bancorp, Inc. Reports 2024 Full Year And Fourth Quarter Results Highlighted by Fourth Quarter Robust Margin Expansion and Record Non-interest Income
Fourth Quarter Performance Highlights Net Income: Net income for the quarter ended December 31, 2024 totaled $3.9 million or $0.52 per diluted share (including Series A preferred shares). Record Non-interest Income: The Company reported record non-interest income of $4.2 million for the quarter ended December 31, 2024, an increase of $0.2 million or 5.89% from the quarter ended September 30, 2024 and $0.9 million or 28.67% from the quarter ended December 31, 2023.
Hanover Bancorp, Inc. Reports 2024 Full Year And Fourth Quarter Results Highlighted by Fourth Quarter Robust Margin Expansion and Record Non-interest Income
Positive
Zacks Investment Research
4 months ago
Best Momentum Stocks to Buy for December 6th
PFIS and HNVR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 6, 2024.
Best Momentum Stocks to Buy for December 6th
Positive
Zacks Investment Research
5 months ago
What Makes Hanover Bancorp (HNVR) a Good Fit for 'Trend Investing'
Hanover Bancorp (HNVR) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
What Makes Hanover Bancorp (HNVR) a Good Fit for 'Trend Investing'
Positive
Zacks Investment Research
6 months ago
Hanover Bancorp, Inc. (HNVR) Q3 Earnings and Revenues Beat Estimates
Hanover Bancorp, Inc. (HNVR) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago.
Hanover Bancorp, Inc. (HNVR) Q3 Earnings and Revenues Beat Estimates
Neutral
GlobeNewsWire
6 months ago
Hanover Bancorp, Inc. Reports Third Quarter 2024 Results and Declares $0.10 Quarterly Cash Dividend
Third Quarter Performance Highlights Net Income: Net income for the quarter ended September 30, 2024 totaled $3.5 million or $0.48 per diluted share (including Series A preferred shares). Adjusted (non-GAAP) net income (excluding severance and retirement expenses) was $3.7 million or $0.50 per diluted share for the quarter ended September 30, 2024.
Hanover Bancorp, Inc. Reports Third Quarter 2024 Results and Declares $0.10 Quarterly Cash Dividend
Charts implemented using Lightweight Charts™