Hanover Bancorp, Inc.·Financial Services

Shares of Hanover Bancorp, Inc. (NASDAQ: HNVR - Get Free Report) have received a consensus recommendation of "Hold" from the five analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to

Hanover Bancorp (NASDAQ: HNVR - Get Free Report) and Southern Michigan Bancorp (OTCMKTS:SOMC - Get Free Report) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, earnings, risk, valuation, profitability, institutional ownership and dividends. Risk and Volatility Hanover Bancorp has

Town and Country Financial (OTCMKTS:TWCF - Get Free Report) and Hanover Bancorp (NASDAQ: HNVR - Get Free Report) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, risk, valuation, profitability, institutional ownership and dividends. Insider and Institutional Ownership 15.0% of

Hanover Bancorp, Inc. (HNVR) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.51. This compares to earnings of $0.52 per share a year ago.

MINEOLA, N.Y., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (NASDAQ: HNVR) (the “Company”), the bank holding company for Hanover Community Bank (the “Bank” or “Hanover”), today announced the appointment of Mr. William J. Newham, III to the position of Executive Vice President and Chief Commercial Real Estate (CRE) Lending Officer.

Fourth Quarter Performance Highlights Net Income: Net income for the quarter ended December 31, 2025 totaled $33 thousand (after giving effect to a $6.1 million provision for credit losses), versus $3.5 million (after giving effect to a $1.3 million provision for credit losses) for the prior linked quarter and $3.9 million (after giving effect to a $400 thousand provision for credit losses) for the quarter ended December 31, 2024. Pre-Provision Net Revenue: Pre-provision net revenue (non-GAAP) was $6.2 million or 1.08% of average assets for the quarter ended December 31, 2025, which was the highest level since the fourth quarter of 2022, versus $6.0 million or 1.05% of average assets in the prior linked quarter and $5.6 million or 1.00% of average assets in the fourth quarter of 2024.
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.
Financial Services
Banks - Regional
176
2022-05-11
0.04