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.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 19.60% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 71.30M.
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 0.85, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.91M shares, decreasing 4.86% quarter-over-quarter.
Held by Bill Nygren | OAKMX
Star Investor Bill Nygren | OAKMX holds 81.80 shares of this stock.