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NASDAQ: HNVR
Hanover Bancorp Inc Stock

$15.05+0.80 (+5.61%)
Updated Apr 18, 2024
HNVR Price
$15.05
Fair Value Price
$46.65
Market Cap
$108.80M
52 Week Low
$13.62
52 Week High
$18.91
P/E
8.14x
P/B
0.59x
P/S
2.14x
PEG
0.13x
Dividend Yield
0.66%
Revenue
$60.45M
Earnings
$13.59M
Gross Margin
100%
Operating Margin
30.32%
Profit Margin
22.5%
Debt to Equity
11.28
Operating Cash Flow
$14M
Beta
0.02
Next Earnings
Apr 25, 2024
Ex-Dividend
N/A
Next Dividend
N/A

HNVR Overview

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 equity, multi-family, business, bridge, and other personal purpose loans. It operates branch offices located in Manhattan, Brooklyn, Queens, and Nassau County, New York; and administrative office in Suffolk County, New York. The company was founded in 2008 and is headquartered in Mineola, New York.

Zen Score

–
Industry Average (33)
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Due Diligence Checks

HNVR ($15.05) is undervalued by 67.74% relative to our estimate of its Fair Value price of $46.65 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
HNVR ($15.05) is significantly undervalued by 67.74% relative to our estimate of its Fair Value price of $46.65 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
HNVR ($15.05) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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HNVR News

Valuation

HNVR fair value

Fair Value of HNVR stock based on Discounted Cash Flow (DCF)
Price
$15.05
Fair Value
$46.65
Undervalued by
67.74%
HNVR ($15.05) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HNVR ($15.05) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HNVR ($15.05) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

HNVR price to earnings (PE)

For valuing profitable companies with steady earnings
Company
8.14x
Industry
-10.84x
Market
41.33x
HNVR is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HNVR is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

HNVR price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.59x
Industry
0.95x
HNVR is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HNVR price to earnings growth (PEG)

For valuing profitable companies with growth potential
HNVR is good value based... subscribe to Premium to read more.
PEG Value Valuation

HNVR's financial health

Profit margin

Revenue
$15.7M
Net Income
$3.8M
Profit Margin
23.9%
HNVR's Earnings (EBIT) of $18.33M... subscribe to Premium to read more.
Interest Coverage Financials
HNVR's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.3B
Liabilities
$2.1B
Debt to equity
11.28
HNVR's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$4.1M
Investing
-$137.4M
Financing
$117.8M
HNVR's operating cash flow ($14.44M)... subscribe to Premium to read more.
Debt Coverage Financials

HNVR vs Bank Stocks

TickerMarket Cap1d %P/EP/B
HNVR$108.80M+5.61%8.14x0.59x
CBFV$109.81M0.00%4.84x0.79x
AFBI$107.48M+0.36%16.75x0.88x
FNCB$106.89M+2.66%8.18x0.79x
FNWD$106.70M+0.20%12.66x0.72x

Hanover Bancorp Stock FAQ

What is Hanover Bancorp's quote symbol?

(NASDAQ: HNVR) Hanover Bancorp trades on the NASDAQ under the ticker symbol HNVR. Hanover Bancorp stock quotes can also be displayed as NASDAQ: HNVR.

If you're new to stock investing, here's how to buy Hanover Bancorp stock.

What is the 52 week high and low for Hanover Bancorp (NASDAQ: HNVR)?

(NASDAQ: HNVR) Hanover Bancorp's 52-week high was $18.91, and its 52-week low was $13.62. It is currently -20.41% from its 52-week high and 10.5% from its 52-week low.

How much is Hanover Bancorp stock worth today?

(NASDAQ: HNVR) Hanover Bancorp currently has 7,229,404 outstanding shares. With Hanover Bancorp stock trading at $15.05 per share, the total value of Hanover Bancorp stock (market capitalization) is $108.80M.

Hanover Bancorp stock was originally listed at a price of $20.11 in May 11, 2022. If you had invested in Hanover Bancorp stock at $20.11, your return over the last 1 years would have been -25.16%, for an annualized return of -25.16% (not including any dividends or dividend reinvestments).

How much is Hanover Bancorp's stock price per share?

(NASDAQ: HNVR) Hanover Bancorp stock price per share is $15.05 today (as of Apr 18, 2024).

What is Hanover Bancorp's Market Cap?

(NASDAQ: HNVR) Hanover Bancorp's market cap is $108.80M, as of Apr 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Hanover Bancorp's market cap is calculated by multiplying HNVR's current stock price of $15.05 by HNVR's total outstanding shares of 7,229,404.
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