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: 176
0
Funds holding %
of 7,363 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
74% more capital invested
Capital invested by funds: $20M [Q3] → $34.9M (+$14.9M) [Q4]
61% more funds holding
Funds holding: 18 [Q3] → 29 (+11) [Q4]
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
5.49% more ownership
Funds ownership: 15.69% [Q3] → 21.18% (+5.49%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for HNVR.
Financial journalist opinion
Positive
Zacks Investment Research
1 month 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.
Neutral
GlobeNewsWire
1 month ago
Hanover Bancorp, Inc. Reports 2024 Full Year And Fourth Quarter Results Highlighted by Fourth Quarter Robust Margin Expansion and Record Non-interest Income
Fourth Quarter Performance Highlights Net Income: Net income for the quarter ended December 31, 2024 totaled $3.9 million or $0.52 per diluted share (including Series A preferred shares). Record Non-interest Income: The Company reported record non-interest income of $4.2 million for the quarter ended December 31, 2024, an increase of $0.2 million or 5.89% from the quarter ended September 30, 2024 and $0.9 million or 28.67% from the quarter ended December 31, 2023.
Positive
Zacks Investment Research
3 months ago
Best Momentum Stocks to Buy for December 6th
PFIS and HNVR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 6, 2024.
Positive
Zacks Investment Research
4 months ago
What Makes Hanover Bancorp (HNVR) a Good Fit for 'Trend Investing'
Hanover Bancorp (HNVR) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Positive
Zacks Investment Research
4 months ago
Hanover Bancorp, Inc. (HNVR) Q3 Earnings and Revenues Beat Estimates
Hanover Bancorp, Inc. (HNVR) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago.
Neutral
GlobeNewsWire
4 months ago
Hanover Bancorp, Inc. Reports Third Quarter 2024 Results and Declares $0.10 Quarterly Cash Dividend
Third Quarter Performance Highlights Net Income: Net income for the quarter ended September 30, 2024 totaled $3.5 million or $0.48 per diluted share (including Series A preferred shares). Adjusted (non-GAAP) net income (excluding severance and retirement expenses) was $3.7 million or $0.50 per diluted share for the quarter ended September 30, 2024.
Neutral
GlobeNewsWire
5 months ago
Hanover Bank Hosts Celebration to Thank Community
MINEOLA, N.Y., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Michael P.
Neutral
GlobeNewsWire
7 months ago
Hanover Bancorp Announces Small Business Recovery Grants to Local Non-Profit Organizations
MINEOLA, N.Y., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Bancorp, Inc. the bank holding company for Hanover Community Bank, today announced grants to seventeen local not-for-profit organizations as a part of the Federal Home Loan Bank of New York's (FHLBNY) Small Business Recovery Grant Program.
Negative
Zacks Investment Research
7 months ago
Hanover Bancorp, Inc. (HNVR) Q2 Earnings Lag Estimates
Hanover Bancorp, Inc. (HNVR) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.42 per share a year ago.
Neutral
GlobeNewsWire
7 months ago
Hanover Bancorp, Inc. Reports Earnings for the Second Quarter and Declares $0.10 Quarterly Cash Dividend
Second Quarter Performance Highlights Net Income: Net income for the quarter ended June 30, 2024 totaled $0.8 million (after giving effect to an allowance for credit loss (“ACL”) on an individually evaluated loan of $2.5 million and a $1.1 million provision resulting from ongoing enhancements to the current expected credit loss (“CECL”) model) or $0.11 per diluted share (including Series A preferred shares), versus $4.1 million or $0.55 per diluted share (including Series A preferred shares) in the prior linked quarter and $3.1 million or $0.42 per diluted share (including Series A preferred shares) in the comparable 2023 quarter. Net Interest Income: Net interest income was $13.2 million for the quarter ended June 30, 2024, an increase of $0.3 million, or 2.4% from the prior linked quarter and a decrease of $0.3 million, or 1.9% from the June 30, 2023 quarter.
Charts implemented using Lightweight Charts™