Hanover BancorpHNVR
HNVR
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 7,429 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
28% more funds holding
Funds holding: 29 [Q1] → 37 (+8) [Q2]
22% more capital invested
Capital invested by funds: $33.5M [Q1] → $41M (+$7.45M) [Q2]
3.8% more ownership
Funds ownership: 21.24% [Q1] → 25.04% (+3.8%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$23
1%
upside
Avg. target
$24
7%
upside
High target
$25
12%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Stephens & Co. Matt Breese | 1%upside $23 | Equal-Weight Maintained | 29 Jul 2025 |
Piper Sandler Mark Fitzgibbon | 12%upside $25 | Overweight Maintained | 24 Jul 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
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 radio and digital audio advertising campaign, marking a major step forward in its strategic growth and marketing efforts. This inaugural venture into electronic media supports the Bank's ongoing mission to reinvest in the communities it serves and deepen connections with customers across Long Island and the New York metropolitan area.
Negative
Zacks Investment Research
1 month ago
Hanover Bancorp, Inc. (HNVR) Misses Q2 Earnings and Revenue Estimates
Hanover Bancorp, Inc. (HNVR) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.11 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
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 Net Revenue: Pre-provision net revenue was $5.7 million resulting in a return on average assets of 1.04% for the quarter ended June 30, 2025 which was the highest level since the first quarter of 2023.
Neutral
GlobeNewsWire
2 months ago
Hanover Bank Opens Tenth Branch in Port Jefferson, Long Island Enhancing Banking Services to Suffolk County
PORT JEFFERSON, N.Y., June 25, 2025 (GLOBE NEWSWIRE) -- Hanover Community Bank (“Hanover Bank”), the bank subsidiary of Hanover Bancorp (Nasdaq “HNVR”), is excited to announce the opening of its tenth branch, located in the historic and bustling village of Port Jefferson on Long Island. This expansion marks a significant step in Hanover Bank's strategic growth, strengthening its commitment to serving both businesses and individual consumers across the Long Island region and beyond.
Negative
Benzinga
3 months ago
Top 3 Financial Stocks That May Plunge In May
As of May 7, 2025, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Positive
Zacks Investment Research
4 months 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.
Neutral
GlobeNewsWire
4 months 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.
Neutral
GlobeNewsWire
4 months 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.
Neutral
GlobeNewsWire
4 months 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.
Positive
Zacks Investment Research
6 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.
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