CSIMarket Company Name, Ticker, Customers, else..
 
Hanover Bancorp Inc   (NASDAQ: HNVR)
Other Ticker:  
 
    Sector • Financial    Industry • Regional Banks
   Industry • Regional Banks
   Sector • Financial
 
Price: $25.9600 $0.46 1.804%
Day's High: $25.96 Week Perf: 6.18 %
Day's Low: $ 24.86 30 Day Perf: 9.35 %
Volume (M): 20 52 Wk High: $ 27.14
Volume (M$): $ 509 52 Wk Avg: $18.35
Open: $24.86 52 Wk Low: $13.62



 Market Capitalization (Millions $) 191
 Shares Outstanding (Millions) 7
 Employees 35
 Revenues (TTM) (Millions $) 61
 Net Income (TTM) (Millions $) 12
 Cash Flow (TTM) (Millions $) -55
 Capital Exp. (TTM) (Millions $) 2

Hanover Bancorp Inc
Hanover Bancorp Inc. is a bank holding company headquartered in Mineola, New York. It operates as the parent company of Hanover Community Bank, a community bank serving the New York metropolitan area. Hanover Community Bank offers a range of banking services, including personal and business banking, mortgages, and commercial loans. The bank focuses on providing personalized service to its customers and building long-term relationships. Hanover Bancorp Inc. is traded on the Nasdaq Capital Market under the ticker symbol HBNK.


   Company Address: 80 East Jericho Turnpike Mineola 11501 NY
   Company Phone Number: 548-8500   Stock Exchange / Ticker: NASDAQ HNVR


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Product Service News

Hanover Bancorp Boosts Local Economy with Grants to Non-Profit Organizations

Published Fri, Aug 2 2024 12:00 PM UTC

Empowering Local Communities: Hanover Bancorp Grants Bolster Non-Profit Organizations? Recovery Efforts In a significant move to support local communities and stimulate economic growth, Hanover Bancorp, Inc., the bank holding company for Hanover Community Bank, has announced the allocation of grants to seventeen non-profit organizations. This funding, aimed at aiding small b...
Hanover Bancorp Inc

Hanover Bancorp Inc sees a 23.61% Decline in Income per Share for Q1 2024

In the first quarter of 2024, the Regional Banks company, Hanover Bancorp Inc, delivered mixed results that left investors questioning the future market value of the company. While revenue saw a healthy growth of 6.827% year-over-year, reaching $16.21 million, earnings took a hit, falling by -23.61% to $0.55 per share compared to the prior year reporting period.
It is worth noting that revenue also advanced by 8.03% from the preceding period, demonstrating a positive trend in sales growth. However, net income saw a significant decline of -23.92% to $4.061 million in the January to March 31 2024 span, compared to $5.338 million in the corresponding period a year before.
Hanover Bancorp Inc

Hanover Bancorp Inc's Revenue Deteriorates by -5.752% in Fiscal Period, Signaling Concerns

Although Hanover Bancorp Inc's most recent fiscal period saw a decline in net profit per share by -46.25%, there are still reasons to be optimistic about the future of this company. Despite a decrease in revenue by -5.752% from the same reporting season a year ago, and operating margin falling to 28.35% from 44.21%, Hanover Bancorp Inc achieved the highest return on assets within the Financial sector.
In its second quarter of 2023, Hanover Bancorp Inc yielded a return on asset (ROA) of 0.82%, above the company's average return on assets of 0%. The fact that the ROA decreased relative to the period ending Dec 31 2022 due to the decline in net income is certainly a concern, but the company remains the frontrunner in the financial sector, with an unchanged overall ranking relative to the first quarter of 2023.






Hanover Bancorp Inc's Segments





Help

About us

Advertise
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com