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%
Hanover Bancorp statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of State Commercial Banks companies for comparison
Valuation
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Market Cap | $167.57M | $679.86M |
| Enterprise Value | $86.13M | $408.94M |
| PE Ratio | 18.55 | 11.99 |
| PS Ratio | 2.23 | 3.59 |
| PB Ratio | 0.83 | 1.18 |
| P/TBV Ratio | 0.91 | 1.41 |
| P/FCF Ratio | 6.51 | 10.89 |
| P/OCF Ratio | 6.22 | 10.01 |
Enterprise value
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| EV / Sales | 1.14 | 2.76 |
| EV / FCF | 3.34 | 8.23 |
Income (trailing twelve months)
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Revenue | $75.28M | $170.85M |
| Pretax Income | $13.20M | $70.12M |
| Net Income | $9.46M | $54.33M |
| EPS (Diluted) | $1.28 | $2.91 |
Margins
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Pretax Margin | 17.5% | 36.5% |
| Profit Margin | 12.6% | 29.1% |
| FCF Margin | 34.2% | 33.2% |
Returns
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Return on Equity (ROE) | 4.71% | 10.6% |
| Return on Assets (ROA) | 0.41% | 1.12% |
Growth
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Revenue Growth (3Y CAGR) | 17.6% | 5.82% |
| EPS Growth (3Y CAGR) | -24.0% | 1.31% |
Balance sheet
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $141.24M | $205.54M |
| Total Debt | $59.81M | $177.19M |
| Net Cash (Debt) | $81.43M | $164.40M |
| Net Cash Per Share | $11.54 | $8.13 |
| Equity (Book Value) | $202.75M | $563.88M |
| Book Value Per Share | $28.74 | $28.47 |
| Tangible Book Value | $183.58M | $475.36M |
Financial position
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Debt / Equity | 0.29 | 0.20 |
| Debt / FCF | 2.32 | 1.81 |
Cash flow (trailing twelve months)
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Operating Cash Flow | $26.93M | $61.52M |
| Capital Expenditures | -$1.18M | -$4.08M |
| Free Cash Flow | $25.75M | $52.15M |
| FCF Per Share | $3.65 | $3.05 |
Efficiency
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Asset Turnover | 0.03 | 0.04 |
| Revenue Per Employee | $388.02K | $353.78K |
| Profits Per Employee | $48.77K | $107.28K |
| Employee Count | 194 | 489 |
Dividends and yields
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Earnings Yield | 5.65% | 8.13% |
| FCF Yield | 15.4% | 8.91% |
| Dividend Yield | 0.42% | 2.48% |
| Shareholder Yield | 0.42% | 3.13% |
| Dividend Per Share | $0.10 | $0.93 |
| Dividend Growth (YoY) | 0.00% | 4.26% |
| Years of Dividend Growth | 0 | 2 |
| Payout Ratio | 31.7% | 29.3% |
| FCF Payout Ratio | 11.6% | 26.0% |
Shares
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Shares Outstanding | 7,055,420 | 18,839,100 |
| Shares Change (QoQ) | -1.41% | 0.00% |
| Float | 5,225,740 | 17,061,900 |
| Shares Held by Insiders | 25.9% | 5.89% |
| Shares Held by Institutions | 25.8% | 61.9% |
Taxes
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Income Tax | $3.73M | $14.50M |
| Effective Tax Rate | 28.3% | 21.1% |
Scores
| Measure | Hanover Bancorp | Industry median |
|---|---|---|
| Graham Number | $28.77 | $45.31 |
| Graham Upside | 21.1% | 21.9% |
| Altman Z-Score | 0.13 | 0.21 |
| Piotroski F-Score | 4 | 6 |
Calculated by StockData from Hanover Bancorp's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.