HNVRNasdaqState Commercial BanksFiscal year ends December 31
Hanover Bancorp, Inc. /MD
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$23.75−0.38 (-1.57%)
Close on Oct 19, 2026
- Market cap
- $171.48M
- P/E (TTM)
- 18.6
- Dividend yield
- 0.42%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
25.8%
2M of 7M shares
Institutional holders
69
19 new, 4 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
1 buys · 11 sales
Net sold $359.65K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Castle Creek Capital Partners VIII, LP | 705,440 | 9.90% | 13D (active) | Aug 19, 2024 |
| Fourthstone LLC | 516,702 | 7.18% | 13G (passive) amendment | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of HNVR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 283,884 | 4.02% | $6.62M | +56,688 | 0.00% |
| Alliancebernstein L.P. | 258,288 | 3.66% | $5.58M | −59,094 | 0.00% |
| Vanguard Capital Management LLC | 221,970 | 3.15% | $5.18M | −33,431 | 0.00% |
| Fourthstone LLC | 144,216 | 2.04% | $3.39M | −377,435 | 2.42% |
| Susquehanna International Group, Llp | 129,751 | 1.84% | $3.03M | New | 0.00% |
| Geode Capital Management, LLC | 106,163 | 1.50% | $2.48M | +17,453 | 0.00% |
| State Street Corp | 72,779 | 1.03% | $1.70M | +33,912 | 0.00% |
| Dimensional Fund Advisors LP | 43,995 | 0.62% | $1.03M | +12,352 | 0.00% |
| Corient Private Wealth LLC | 42,450 | 0.60% | $989.93K | +211 | 0.00% |
| Goldman Sachs Group Inc | 37,311 | 0.53% | $870.09K | +4,193 | 0.00% |
| Northern Trust Corp | 33,608 | 0.48% | $783.74K | −5,083 | 0.00% |
| Aqr Capital Management LLC | 31,393 | 0.44% | $732.09K | New | 0.00% |
| Renaissance Technologies LLC | 30,800 | 0.44% | $718.26K | New | 0.00% |
| Vanguard Fiduciary Trust Co | 30,325 | 0.43% | $707.18K | +1,166 | 0.00% |
| Vanguard Portfolio Management LLC | 30,002 | 0.43% | $699.65K | +3,492 | 0.00% |
| Bridgeway Capital Management, LLC | 27,624 | 0.39% | $644.19K | – | 0.01% |
| Strs Ohio | 27,000 | 0.38% | $629.64K | +13,000 | 0.00% |
| Gabelli Funds LLC | 25,000 | 0.35% | $583.00K | – | 0.00% |
| Two Sigma Investments, LP | 24,809 | 0.35% | $578.55K | New | 0.00% |
| Citadel Advisors LLC | 20,458 | 0.29% | $477.08K | New | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 69 | 2M | 25.8% | 19 / 27 | 12 / 4 | 0M | 1M |
| Q1 2026 | 56 | 2M | 27.1% | 10 / 19 | 17 / 6 | 0M | 0M |
| Q4 2025 | 53 | 2M | 28.4% | 7 / 16 | 22 / 4 | 0M | 0M |
| Q3 2025 | 50 | 2M | 28.1% | 20 / 9 | 12 / 2 | 0M | 0M |
| Q2 2025 | 33 | 2M | 25.2% | 33 / 0 | 0 / 0 | 2M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of HNVR | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 160,631 | 2.28% | $3.75M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 110,365 | 1.56% | $2.57M | 0.00% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 55,444 | 0.79% | $1.29M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 52,874 | 0.75% | $1.23M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 45,841 | 0.65% | $1.20M | 0.00% | Jul 31, 2026 |
| The Gabelli Small Cap Growth Fund | 25,000 | 0.35% | $583.00K | 0.03% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 23,216 | 0.33% | $540.00K | 0.00% | May 31, 2026 |
| Dimensional US Small Cap Value ETF | 20,822 | 0.30% | $546.47K | 0.01% | Jul 31, 2026 |
| iShares Micro-Cap ETF | 14,877 | 0.21% | $346.93K | 0.02% | Jun 30, 2026 |
| Omni Small-Cap Value Fund | 13,924 | 0.20% | $324.71K | 0.02% | Jun 30, 2026 |
| TETON Westwood Mighty Mites Fund | 13,500 | 0.19% | $314.82K | 0.15% | Jun 30, 2026 |
| Ultra-Small Company Market Fund | 12,600 | 0.18% | $293.83K | 0.20% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 11,867 | 0.17% | $311.45K | 0.00% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 11,620 | 0.16% | $270.28K | 0.00% | May 31, 2026 |
| U.S. Small Cap Equity Fund | 10,899 | 0.15% | $286.04K | 0.03% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Michael P. Puorro | Chairman & CEO, Director | 321,663 | 4.56% | Feb 24, 2026 |
| Kevin M. O'Connor | President | 22,300 | 0.32% | Sep 3, 2026 |
| Lisa A. Diiorio | FSVP & Chief Accounting Off. | 17,899 | 0.25% | May 5, 2026 |
| Michael Patrick Locorriere | Chief Municipal Officer | 30,990 | 0.44% | Apr 8, 2026 |
| Lance P. Burke | SEVP & Chief Financial Officer | 28,955 | 0.41% | Feb 24, 2026 |
| Joseph F. Burns | EVP & Chief Lending Officer | 11,505 | 0.16% | Feb 24, 2026 |
| McClelland W. Wilcox | President | 100,677 | 1.43% | Feb 24, 2026 |
| John P. Vivona | EVP & Chief Risk Officer | 5,152 | 0.07% | Feb 24, 2026 |
| Kevin Corbett | EVP & Chief Credit Officer | 28,768 | 0.41% | Feb 24, 2026 |
| Robert Golden | Director | 400,481 | 5.68% | Jun 16, 2026 |
| Elena Sisti | Director | 156,034 | 2.21% | Feb 9, 2026 |
| Varkey Abraham | Director | 59,004 | 0.84% | Feb 9, 2026 |
| Michael David M.D. Katz | Director | 249,027 | 3.53% | Feb 9, 2026 |
| Philip A. Okun | Director | 42,669 | 0.60% | Feb 9, 2026 |
| John R. Sorrenti | Director | 47,209 | 0.67% | Feb 9, 2026 |
| Metin Negrin | Director | 238,647 | 3.38% | Feb 6, 2026 |
| Ahron H. Haspel | Director | 68,708 | 0.97% | Feb 6, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Kevin M. O'Connor President | Sep 1, 2026 | Award | +10,000 | – | – | 22,300 |
| Kevin M. O'Connor President | Jul 30, 2026 | Buy | +10,000 | $26.88 | $268.80K | 12,300 |
| Robert Golden Director | Jun 15, 2026 | Sale | −661 | $24.21 | $16.00K | 182,515 |
| Robert Golden Director | Jun 12, 2026 | Sale | −3,763 | $24.02 | $90.39K | 183,176 |
| Robert Golden Director | Jun 10, 2026 | Sale | −8,419 | $24.20 | $203.74K | 186,939 |
| Robert Golden Director | Jun 2, 2026 | Sale | −1,847 | $23.10 | $42.67K | 28,341 |
| Robert Golden Director | May 29, 2026 | Sale | −1,514 | $23.71 | $35.90K | 30,188 |
| Robert Golden Director | May 27, 2026 | Sale | −1,295 | $23.53 | $30.47K | 31,702 |
| Robert Golden Director | May 20, 2026 | Sale | −1,012 | $23.01 | $23.29K | 32,997 |
| Robert Golden Director | May 19, 2026 | Sale | −2,259 | $22.79 | $51.48K | 34,009 |
| Robert Golden Director | May 6, 2026 | Option exercise | +10,000 | $13.00 | $130.00K | 36,268 |
| Lisa A. Diiorio FSVP & Chief Accounting Off. | May 1, 2026 | Tax withholding | −3,879 | $23.72 | $92.01K | 17,899 |
| Lisa A. Diiorio FSVP & Chief Accounting Off. | May 1, 2026 | Option exercise | +6,000 | $13.00 | $78.00K | 21,778 |
| Michael P. Puorro Chairman & CEO, Director | Feb 20, 2026 | Tax withholding | −2,216 | $21.98 | $48.71K | 321,663 |
| Michael P. Puorro Chairman & CEO, Director | Feb 20, 2026 | Tax withholding | −673 | $21.98 | $14.79K | 325,373 |
| Michael P. Puorro Chairman & CEO, Director | Feb 20, 2026 | Tax withholding | −680 | $21.98 | $14.95K | 324,693 |
| Michael P. Puorro Chairman & CEO, Director | Feb 20, 2026 | Tax withholding | −814 | $21.98 | $17.89K | 323,879 |
| Lance P. Burke SEVP & Chief Financial Officer | Feb 20, 2026 | Tax withholding | −187 | $21.98 | $4.11K | 28,955 |
| Lance P. Burke SEVP & Chief Financial Officer | Feb 20, 2026 | Tax withholding | −220 | $21.98 | $4.84K | 28,735 |
| Lance P. Burke SEVP & Chief Financial Officer | Feb 20, 2026 | Tax withholding | −232 | $21.98 | $5.10K | 28,503 |
| Lance P. Burke SEVP & Chief Financial Officer | Feb 20, 2026 | Tax withholding | −572 | $21.98 | $12.57K | 27,931 |
| Joseph F. Burns EVP & Chief Lending Officer | Feb 20, 2026 | Tax withholding | −188 | $21.98 | $4.13K | 11,505 |
| John P. Vivona EVP & Chief Risk Officer | Feb 20, 2026 | Tax withholding | −95 | $21.98 | $2.09K | 5,152 |
| McClelland W. Wilcox President | Feb 20, 2026 | Tax withholding | −421 | $21.98 | $9.25K | 100,677 |
| McClelland W. Wilcox President | Feb 20, 2026 | Tax withholding | −1,820 | $21.98 | $40.00K | 97,697 |
| McClelland W. Wilcox President | Feb 20, 2026 | Tax withholding | −536 | $21.98 | $11.78K | 100,141 |
| McClelland W. Wilcox President | Feb 20, 2026 | Tax withholding | −624 | $21.98 | $13.72K | 99,517 |
| Kevin Corbett EVP & Chief Credit Officer | Feb 20, 2026 | Tax withholding | −198 | $21.98 | $4.35K | 28,768 |
| Kevin Corbett EVP & Chief Credit Officer | Feb 20, 2026 | Tax withholding | −157 | $21.98 | $3.45K | 28,966 |
| Kevin Corbett EVP & Chief Credit Officer | Feb 20, 2026 | Tax withholding | −232 | $21.98 | $5.10K | 28,536 |
| Kevin Corbett EVP & Chief Credit Officer | Feb 20, 2026 | Tax withholding | −600 | $21.98 | $13.19K | 27,936 |
| Lisa A. Diiorio FSVP & Chief Accounting Off. | Feb 20, 2026 | Tax withholding | −76 | $21.98 | $1.67K | 16,289 |
| Lisa A. Diiorio FSVP & Chief Accounting Off. | Feb 20, 2026 | Tax withholding | −83 | $21.98 | $1.82K | 16,206 |
| Lisa A. Diiorio FSVP & Chief Accounting Off. | Feb 20, 2026 | Tax withholding | −428 | $21.98 | $9.41K | 15,778 |
| Robert Golden Director | Feb 6, 2026 | Sale | −700 | $23.60 | $16.52K | 195,358 |
| Varkey Abraham Director | Feb 5, 2026 | Award | +1,592 | – | – | 45,670 |
| John P. Vivona EVP & Chief Risk Officer | Feb 5, 2026 | Award | +1,338 | – | – | 5,247 |
| Elena Sisti Director | Feb 5, 2026 | Award | +1,592 | – | – | 105,016 |
| Philip A. Okun Director | Feb 5, 2026 | Award | +1,592 | – | – | 42,669 |
| John R. Sorrenti Director | Feb 5, 2026 | Award | +1,592 | – | – | 47,209 |
| Michael David M.D. Katz Director | Feb 5, 2026 | Award | +1,592 | – | – | 152,202 |
| Lance P. Burke SEVP & Chief Financial Officer | Feb 5, 2026 | Award | +3,185 | – | – | 29,142 |
| Joseph F. Burns EVP & Chief Lending Officer | Feb 5, 2026 | Award | +2,592 | – | – | 11,693 |
| Robert Golden Director | Feb 5, 2026 | Sale | −500 | $23.50 | $11.75K | 196,058 |
| Robert Golden Director | Feb 5, 2026 | Award | +1,592 | – | – | 26,268 |
| Michael P. Puorro Chairman & CEO, Director | Feb 5, 2026 | Award | +10,945 | – | – | 326,046 |
| Kevin Corbett EVP & Chief Credit Officer | Feb 5, 2026 | Award | +2,198 | – | – | 29,123 |
| Metin Negrin Director | Feb 5, 2026 | Award | +1,592 | – | – | 238,647 |
| Lisa A. Diiorio FSVP & Chief Accounting Off. | Feb 5, 2026 | Award | +1,062 | – | – | 16,365 |
| Ahron H. Haspel Director | Feb 5, 2026 | Award | +1,592 | – | – | 29,035 |
| John P. Vivona FSVP & Chief Risk Officer | Dec 1, 2025 | Tax withholding | −216 | $22.75 | $4.91K | 3,909 |
| Joseph F. Burns EVP & Chief Lending Officer | Dec 1, 2025 | Tax withholding | −576 | $22.75 | $13.10K | 9,101 |
| Robert Golden Director | Nov 4, 2025 | Sale | −5,000 | $21.25 | $106.25K | 80,769 |
| Lance P. Burke EVP & Chief Financial Officer | Aug 1, 2025 | Tax withholding | −540 | $20.81 | $11.24K | 25,957 |
| Robert Golden Director | May 9, 2025 | Sale | −5,000 | $23.06 | $115.30K | 42,771 |
| Robert Golden Director | May 9, 2025 | Sale | −5,000 | $23.09 | $115.45K | 196,558 |
| Robert Golden Director | May 8, 2025 | Sale | −5,000 | $22.83 | $114.15K | 47,771 |
| Robert Golden Director | May 8, 2025 | Sale | −1,829 | $23.65 | $43.26K | 201,558 |
| Robert Golden Director | May 6, 2025 | Sale | −1,708 | $23.04 | $39.35K | 203,387 |
| Robert Golden Director | May 5, 2025 | Sale | −323 | $23.40 | $7.56K | 205,095 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Robert Golden Director | May 9, 2025 | 5,000 | $114.15K | May 9, 2025 | Private Placement |
| Robert Golden Director | May 8, 2025 | 5,000 | $114.15K | May 5, 2025 | Private Placement |
| Robert Golden Director | Feb 7, 2025 | 52,771 | $1.38M | Feb 7, 2025 | Private Placement |
| Robert Golden Director | Feb 5, 2025 | 20,000 | $528.20K | Feb 6, 2025 | Private Placement |
| Michael David M.D. Katz Director | Dec 10, 2024 | 5,000 | $127.66K | Dec 10, 2024 | Initial Public Offering |