Hanover Bancorp (NASDAQ:HNVR – Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $0.5850 per share and revenue of $20.00 million for the quarter. Investors can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, October 30, 2026 at 4:00 PM ET.
Hanover Bancorp (NASDAQ:HNVR – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $19.57 million for the quarter, compared to analysts’ expectations of $19.83 million. Hanover Bancorp had a net margin of 6.71% and a return on equity of 6.00%. On average, analysts expect Hanover Bancorp to post $2.39 EPS for the current fiscal year and $3.05 EPS for the next fiscal year.
Hanover Bancorp Trading Up 0.5%
HNVR stock opened at $23.86 on Wednesday. The company has a market capitalization of $168.45 million, a PE ratio of 18.79 and a beta of 0.11. Hanover Bancorp has a one year low of $19.91 and a one year high of $27.94. The company’s 50 day moving average price is $26.27 and its two-hundred day moving average price is $24.59. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.03 and a current ratio of 1.03.
Hanover Bancorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Thursday, August 6th were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.7%. Hanover Bancorp’s dividend payout ratio is 31.50%.
Insider Buying and Selling
In related news, President Kevin O’Connor purchased 10,000 shares of the firm’s stock in a transaction on Thursday, July 30th. The shares were acquired at an average cost of $26.88 per share, with a total value of $268,800.00. Following the purchase, the president directly owned 12,300 shares of the company’s stock, valued at approximately $330,624. This trade represents a 434.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 24.38% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
HNVR has been the topic of several recent research reports. Raymond James Financial assumed coverage on shares of Hanover Bancorp in a report on Wednesday, August 26th. They set a “market perform” rating on the stock. Zacks Research upgraded shares of Hanover Bancorp from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. Piper Sandler boosted their price target on shares of Hanover Bancorp from $26.50 to $28.50 and gave the stock an “overweight” rating in a research note on Monday, July 27th. Wall Street Zen upgraded shares of Hanover Bancorp from a “hold” rating to a “buy” rating in a research report on Monday, October 5th. Finally, Weiss Ratings upgraded shares of Hanover Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Hanover Bancorp has an average rating of “Buy” and a consensus price target of $28.50.
Check Out Our Latest Analysis on Hanover Bancorp
About Hanover Bancorp
Hanover Bancorp, Inc was the holding company for Hanover Community Bank, a community-focused financial institution headquartered in Mineola, New York. The bank served individuals, small businesses and commercial customers in the New York metropolitan area, with a presence across Long Island and New York City.
Hanover Community Bank offered a range of banking products, including deposit accounts, residential and commercial real estate lending, multifamily loans, commercial and industrial financing, small-business loans, consumer lending and mortgage services.
Recommended Stories
- Five stocks we like better than Hanover Bancorp
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Receive News & Ratings for Hanover Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hanover Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
