Hanover Bancorp Stock Today
HNVR Stock | USD 21.57 0.72 3.23% |
Performance8 of 100
| Odds Of DistressLess than 11
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Hanover Bancorp is selling at 21.57 as of the 12th of January 2025; that is 3.23 percent decrease since the beginning of the trading day. The stock's lowest day price was 21.57. Hanover Bancorp has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 23rd of January 2023 and ending today, the 12th of January 2025. Click here to learn more.
Business Domain Banks | IPO Date 11th of May 2022 | Category Financial Services | Classification Financials |
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 was founded in 2008 and is headquartered in Mineola, New York. The company has 7.15 M outstanding shares of which 53.09 K shares are currently shorted by private and institutional investors with about 0.22 trading days to cover. More on Hanover Bancorp
Moving together with Hanover Stock
0.69 | AX | Axos Financial | PairCorr |
0.75 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.69 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Hanover Stock
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Hanover Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
COO President | Raffaella Palazzo | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsHanover Bancorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hanover Bancorp's financial leverage. It provides some insight into what part of Hanover Bancorp's total assets is financed by creditors.
LiquidityHanover Bancorp currently holds 215.37 M in liabilities. Note, when we think about Hanover Bancorp's use of debt, we should always consider it together with its cash and equity.
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Hanover Bancorp (HNVR) is traded on NASDAQ Exchange in USA. It is located in 80 East Jericho Turnpike, Mineola, NY, United States, 11501 and employs 15 people. Hanover Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 154.28 M. Hanover Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 7.15 M outstanding shares of which 53.09 K shares are currently shorted by private and institutional investors with about 0.22 trading days to cover.
Hanover Bancorp currently holds about 133.97 M in cash with 16.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.37.
Check Hanover Bancorp Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Hanover Bancorp is $154.28 Million. Hanover Bancorp secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Hanover Ownership Details
Hanover Stock Institutional Holders
Instituion | Recorded On | Shares | |
Renaissance Technologies Corp | 2024-09-30 | 13.6 K | |
Citigroup Inc | 2024-09-30 | 1.5 K | |
Barclays Plc | 2024-09-30 | 823 | |
U.s. Bancorp | 2024-09-30 | 300 | |
Capital Advisors, Ltd. Llc | 2024-09-30 | 100.0 | |
Bank Of America Corp | 2024-09-30 | 37.0 | |
Wells Fargo & Co | 2024-09-30 | 1.0 | |
Royal Bank Of Canada | 2024-09-30 | 0.0 | |
Tower Research Capital Llc | 2024-09-30 | 0.0 | |
Alliancebernstein L.p. | 2024-09-30 | 566.4 K | |
Banc Funds Co Llc | 2024-09-30 | 228.4 K |
Hanover Bancorp Historical Income Statement
Hanover Stock Against Markets
Hanover Bancorp Corporate Management
Michael Locorriere | Executive Officer | Profile | |
Michael CPA | CEO Chairman | Profile | |
Brian Finneran | President | Profile | |
Lisa Dilorio | First Officer | Profile |
Additional Tools for Hanover Stock Analysis
When running Hanover Bancorp's price analysis, check to measure Hanover Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Bancorp is operating at the current time. Most of Hanover Bancorp's value examination focuses on studying past and present price action to predict the probability of Hanover Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Bancorp's price. Additionally, you may evaluate how the addition of Hanover Bancorp to your portfolios can decrease your overall portfolio volatility.