Hanover Bancorp

HNVR

Market cap $163M

Overview Fund Activity

22.63 USD

+0.21

0.94%

At close Updated Sep 15, 10:49 AM EDT

1 day

0.94%

5 days

-0.88%

1 month

5.21%

3 months

7.2%

6 months

-0.83%

Year to date

0.8%

1 year

24.41%

5 years

12.53%

10 years

12.53%

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

Financials Banks - Regional

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

175% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 4

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

31% more funds holding

Funds holding: 29 [Q1] → 38 (+9) [Q2]

23% more capital invested

Capital invested by funds: $33.5M [Q1] → $41.2M (+$7.69M) [Q2]

3.94% more ownership

Funds ownership: 21.24% [Q1] → 25.18% (+3.94%) [Q2]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$23

-1% downside

Avg. target

$24

5% upside

High target

$25

10% upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Stephens & Co. Matt Breese	$23	Equal-Weight Maintained	29 Jul 2025
Piper Sandler Mark Fitzgibbon	$25	Overweight Maintained	24 Jul 2025

See Analyst Rankings

Financial journalist opinion

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.

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

Zacks Investment Research

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.

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

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.

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

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.

Hanover Bank Opens Tenth Branch in Port Jefferson, Long Island Enhancing Banking Services to Suffolk County

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.

Top 3 Financial Stocks That May Plunge In May

Zacks Investment Research

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

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

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

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.

Zacks Investment Research

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

See News Rankings

Charts implemented using Lightweight Charts™