Hanover Bancorp Inc
Research Hanover Bancorp Inc (HNVR) on Bullrun: valuation model: 12.1% overvalued, market cap USD 190.14M, P/E 21.1, dividend yield 1.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerHNVR
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal12.1% overvalued
- Market capUSD 190.14M
- P/E21.1
- Dividend yield1.5%
- Financial periodQ2 2026
- RevenueUSD 19.57M
- Net incomeUSD 4.06M
- Free cash flowUSD 18.00M
Valuation Snapshot
Bullrun's latest valuation model marks Hanover Bancorp Inc as 12.1% overvalued; latest market cap is USD 190.14M; P/E is 21.1; dividend yield is 1.5%.
Peer valuation comparison
Latest P/E is 21.13x versus a Financial Services sector median of 13.84x (52.7% above).
Latest dividend yield is 1.48% versus a Financial Services sector median of 3.86% (61.6% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 73.32M | USD 7.49M | USD 12.18M | n/a | 1 | USD 208.90M | USD 100.73M | USD 200.27M |
| FY2024 | USD 68.43M | USD 12.35M | USD 4.15M | n/a | 1.66 | USD 162.86M | USD 107.81M | USD 196.64M |
| FY2023 | n/a | USD 15.16M | USD 12.99M | n/a | 2.05 | USD 192.62M | USD 179.85M | USD 185.91M |
| FY2022 | n/a | USD 23.56M | USD 23.96M | n/a | 3.68 | USD 149.95M | USD 101.75M | USD 172.58M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 190.14M | 21.1 | 1.5% | 0.4 |
| 2025 | 2025-12-31 | USD 164.90M | 23.1 | 1.7% | 0.4 |
| 2024 | 2024-12-31 | USD 164.93M | 14.0 | 1.7% | 0.4 |
| 2023 | 2023-12-29 | USD 129.37M | 8.7 | 2.3% | 0.4 |
| 2022 | 2022-12-30 | USD 145.77M | 5.5 | 1.5% | 0.3 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.4 USD, yield 1.5%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.1 USD |
| FY2024 | 0.1 USD |
| FY2023 | 0.1 USD |
| FY2022 | 0.1 USD |
About Hanover Bancorp Inc
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. It offers a full-service bank providing personal and business lending and deposit services. The company offers checking, savings, money market, time deposit, NOW, and individual retirement accounts, as well as certificates of deposit.
Related stock research
Other Financial Services stocks
Frequently asked questions
Is Hanover Bancorp Inc overvalued or undervalued?
Bullrun's valuation model currently marks Hanover Bancorp Inc as 12.1% overvalued.
What is Hanover Bancorp Inc's market cap?
Hanover Bancorp Inc's market capitalization is USD 190.14M.
What is Hanover Bancorp Inc's P/E ratio?
Hanover Bancorp Inc's price-to-earnings (P/E) ratio is 21.1.
Does Hanover Bancorp Inc pay a dividend?
Hanover Bancorp Inc has a dividend yield of 1.5%.
What does Hanover Bancorp Inc do?
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. It offers a full-service bank providing personal and business lending and deposit services. The company offers checking, savings, money market, time deposit, NOW, and individual retirement accounts, as well as certificates of deposit.