Hanover Bancorp (HNVR) to Release Quarterly Earnings on Wednesday

Hanover Bancorp (NASDAQ:HNVRGet Free Report) is expected to issue its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Hanover Bancorp to post earnings of $0.57 per share and revenue of $19.8330 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 12:30 PM ET.

Hanover Bancorp (NASDAQ:HNVRGet Free Report) last posted its quarterly earnings results on Monday, April 27th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.53 by $0.01. The company had revenue of $19.11 million for the quarter, compared to the consensus estimate of $19.50 million. Hanover Bancorp had a net margin of 5.53% and a return on equity of 5.09%. On average, analysts expect Hanover Bancorp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Hanover Bancorp Stock Performance

Shares of NASDAQ:HNVR opened at $24.43 on Wednesday. The firm’s 50 day simple moving average is $23.31 and its 200-day simple moving average is $22.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.05 and a current ratio of 1.05. Hanover Bancorp has a one year low of $19.91 and a one year high of $24.79. The firm has a market cap of $174.92 million, a PE ratio of 23.27 and a beta of 0.11.

Hanover Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 18th. Stockholders of record on Monday, May 11th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, May 11th. Hanover Bancorp’s dividend payout ratio is presently 38.10%.

Insider Activity

In other news, Director Robert Golden sold 2,259 shares of Hanover Bancorp stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $22.79, for a total transaction of $51,482.61. Following the completion of the sale, the director directly owned 34,009 shares in the company, valued at approximately $775,065.11. The trade was a 6.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 4,566 shares of company stock valued at $105,240 over the last three months. Company insiders own 24.38% of the company’s stock.

Institutional Trading of Hanover Bancorp

Large investors have recently made changes to their positions in the business. Barclays PLC lifted its holdings in shares of Hanover Bancorp by 19.9% in the 4th quarter. Barclays PLC now owns 10,669 shares of the company’s stock valued at $247,000 after buying an additional 1,769 shares during the period. Fourthstone LLC grew its holdings in Hanover Bancorp by 22.6% during the fourth quarter. Fourthstone LLC now owns 516,702 shares of the company’s stock worth $11,941,000 after acquiring an additional 95,194 shares during the period. GM Advisory Group LLC purchased a new position in Hanover Bancorp during the fourth quarter valued at approximately $430,000. Wells Fargo & Company MN raised its position in Hanover Bancorp by 59.9% during the fourth quarter. Wells Fargo & Company MN now owns 5,531 shares of the company’s stock valued at $128,000 after acquiring an additional 2,072 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Hanover Bancorp by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 31,089 shares of the company’s stock valued at $719,000 after acquiring an additional 534 shares in the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HNVR has been the subject of a number of analyst reports. Weiss Ratings upgraded Hanover Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, July 1st. Piper Sandler started coverage on Hanover Bancorp in a research report on Friday, July 10th. They set an “overweight” rating and a $26.50 price objective on the stock. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $24.33.

Get Our Latest Stock Analysis on Hanover Bancorp

About Hanover Bancorp

(Get Free Report)

Hanover Bancorp, Inc is the bank holding company for The Hanover National Bank, a regional financial institution headquartered in Syracuse, New York. Through its subsidiary, the company provides a full range of commercial and retail banking services, with an emphasis on relationship-driven client support and community engagement.

Key offerings include deposit products such as checking, savings, and certificates of deposit, as well as commercial and consumer lending solutions. The bank also offers treasury management services, residential mortgage origination, and investment advisory services to meet the diverse needs of individuals, small businesses, and municipalities within its market area.

Operating primarily in Central and Upstate New York, Hanover Bancorp maintains a network of branches and loan production offices designed to serve local communities.

See Also

Earnings History for Hanover Bancorp (NASDAQ:HNVR)

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