Hanover Bancorp Inc (MINEOLA)'s fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 124/404 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 23.83.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Hanover Bancorp Inc (MINEOLA)'s Score
Industry at a Glance
Industry Ranking
124 / 404
Overall Ranking
178 / 4582
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
3
analysts
Hold
Current Rating
23.833
Target Price
+3.35%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Hanover Bancorp Inc (MINEOLA) Highlights
StrengthsRisks
Hanover Bancorp, Inc. is the bank holding company for Hanover Community Bank (the Bank). The Bank is a community commercial bank which offers a full range of financial services. The Bank offers a complete suite of consumer, commercial, and municipal banking products and services, including multi-family and commercial mortgages, residential loans, business loans and lines of credit. It also offers its customers access to 24-hour automated teller machine (ATM) service with no fees attached, free checking with interest, telephone banking, advanced technologies in mobile and Internet banking for its consumer and business customers, safe deposit boxes and much more. Its corporate administrative office is located in Mineola, New York where it also operates a full-service branch office along with additional branch locations in Garden City Park, Hauppauge, Port Jefferson, Forest Hills, Flushing, Sunset Park, Rockefeller Center and Chinatown, New York, and Freehold, New Jersey.
Growing
The company is in a growing phase, with the latest annual income totaling USD 66.13M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 24.87%.
Overvalued
The company’s latest PB is 0.87, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 2.49M shares, increasing 4.74% quarter-over-quarter.
Hanover Bancorp, Inc. is the bank holding company for Hanover Community Bank (the Bank). The Bank is a community commercial bank which offers a full range of financial services. The Bank offers a complete suite of consumer, commercial, and municipal banking products and services, including multi-family and commercial mortgages, residential loans, business loans and lines of credit. It also offers its customers access to 24-hour automated teller machine (ATM) service with no fees attached, free checking with interest, telephone banking, advanced technologies in mobile and Internet banking for its consumer and business customers, safe deposit boxes and much more. Its corporate administrative office is located in Mineola, New York where it also operates a full-service branch office along with additional branch locations in Garden City Park, Hauppauge, Port Jefferson, Forest Hills, Flushing, Sunset Park, Rockefeller Center and Chinatown, New York, and Freehold, New Jersey.
Ticker SymbolHNVR
CompanyHanover Bancorp Inc (MINEOLA)
CEOPuorro (Michael P)
Website
FAQs
What is the current price of Hanover Bancorp Inc (MINEOLA) (HNVR)?
The current price of Hanover Bancorp Inc (MINEOLA) (HNVR) is 23.455.
What is the symbol of Hanover Bancorp Inc (MINEOLA)?
The ticker symbol of Hanover Bancorp Inc (MINEOLA) is HNVR.
What is the 52-week high of Hanover Bancorp Inc (MINEOLA)?
The 52-week high of Hanover Bancorp Inc (MINEOLA) is 27.000.
What is the 52-week low of Hanover Bancorp Inc (MINEOLA)?
The 52-week low of Hanover Bancorp Inc (MINEOLA) is 17.470.
What is the market capitalization of Hanover Bancorp Inc (MINEOLA)?
The market capitalization of Hanover Bancorp Inc (MINEOLA) is 168.70M.
What is the net income of Hanover Bancorp Inc (MINEOLA)?
The net income of Hanover Bancorp Inc (MINEOLA) is 11.96M.
Is Hanover Bancorp Inc (MINEOLA) (HNVR) currently rated as Buy, Hold, or Sell?
According to analysts, Hanover Bancorp Inc (MINEOLA) (HNVR) has an overall rating of Hold, with a price target of 23.833.
What is the Earnings Per Share (EPS TTM) of Hanover Bancorp Inc (MINEOLA) (HNVR)?
The Earnings Per Share (EPS TTM) of Hanover Bancorp Inc (MINEOLA) (HNVR) is 1.525.