Hanover Bancorp vs Unity Bancorp
HNVR and UNTY side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How HNVR and UNTY compare
Unity Bancorp is the larger company, worth 3.5 times as much as Hanover Bancorp ($576M against $165M).
On earnings, Unity Bancorp is cheaper: it trades at 10.0× trailing earnings, against 18.2× for Hanover Bancorp.
Unity Bancorp keeps more of each dollar of sales as profit, with a net margin of 43.3% compared with 12.6% at Hanover Bancorp.
Both pay dividends: Hanover Bancorp yields 1.7% and Unity Bancorp 1.1%.
Unity Bancorp scores higher on the StockData Score (18 against 10 for Hanover Bancorp), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | HNVR | UNTY |
|---|---|---|
| Size and price | ||
| Market cap | $165M | $576M |
| Share price | $23.34 | $57.31 |
| Change, 1 year | 15.7% | 24.9% |
| Change, 5 years | – | 112% |
| Beta (5Y) | 0.27 | 0.60 |
| Employees | 194 | 228 |
| StockData Score | ||
| Total score | 10 | 18 (better) |
| Valuation score | 2 (better) | 1 |
| Growth score | 1 | 3 (better) |
| Performance score | 0 | 6 (better) |
| Health score | 4 | 4 |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 18.2× | 10.0× (better) |
| P/S | 2.2× (better) | 4.2× |
| P/B | 0.8× (better) | 1.5× |
| P/FCF | 6.4× (better) | 21.3× |
| PEG | – | 0.61 |
| FCF yield | 15.6% (better) | 4.7% |
| Fair value | $22.02 | $54.29 |
| Margin of safety | −6.0% | −5.6% (better) |
| Growth | ||
| Revenue growth (TTM) | – | 13.1% |
| Revenue growth, 5Y average | – | 11.2% |
| Net income growth (TTM) | – | 16.1% |
| EPS growth (TTM) | – | 16.4% |
| EPS growth, 5Y average | – | 21.0% |
| Profitability | ||
| Net margin | 12.6% | 43.3% (better) |
| FCF margin | 34.2% (better) | 20.0% |
| Return on equity | 4.7% | 17.0% (better) |
| Financial health | ||
| Debt / equity | 0.29 | – |
| Altman Z-score | 0.12 | 0.28 (better) |
| Piotroski F-score | 4 | 5 (better) |
| Dividends and buybacks | ||
| Dividend yield | 1.7% (better) | 1.1% |
| Payout ratio | 31.7% | 10.3% |
| Years of dividend growth | 0 | 12 (better) |
| Dividend growth, 5Y average | – | 12.6% |
| Buyback yield | – | 0.60% |
| Shareholder yield | 1.7% (better) | 1.7% |
| Ownership | ||
| Held by institutions | 25.8% | 52.2% |
| Held by insiders | 25.9% | 22.0% |
| Insider net buying, 12 months | −$360K (better) | −$1.8M |
| Short interest, % of float | 1.1% | 2.8% |
Go deeper
- HNVR stock overview
- HNVR income statement
- HNVR valuation and score
- UNTY stock overview
- UNTY income statement
- UNTY valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.