Hanover Bancorp, Inc.HNVR

$23.28+0.02 (+0.09%)
NASDAQFinancial Services24:00 UTC

Company snapshot

Market Cap
$173M
Micro-cap
+10%
2022 — today
10-Year Price
+6%
2022 — today
52-Week Range
$20.17$24.16
Current $23.28· 78%

Hanover Bancorp, Inc. functions as the parent entity for Hanover Community Bank, providing a comprehensive range of financial products and services. These offerings serve individuals, municipalities, and small to mid-sized businesses across the New York metropolitan area. The bank's extensive portfolio includes various deposit options such as checking, savings, money market, NOW, and individual retirement accounts, alongside certificates of deposit and time deposits, as well as card services. For lending needs, it offers residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, Small Business Administration (SBA) loans, home equity financing, multi-family property loans, general business loans, bridge loans, and other personal purpose loans. Branch locations are established in Manhattan, Brooklyn, Queens, and Nassau County, New York, with its administrative hub situated in Suffolk County, New York. Established in 2008, Hanover Bancorp, Inc. maintains its headquarters in Mineola, New York.

Valuation in context

P/E ratio
22.1
Near historic high
Near historic highs — last 10 years
P/B ratio
0.9
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
7.6
Above average
Pricier than usual over the last 10 years
Dividend Yield
1.7%
Below average
Below the 10-year average
PEG ratio
263.9
Near historic high
Near historic highs — last 10 years
FCF Yield
3.2%
Near historic low
Near historic low — last 10 years
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