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Upturn AI SWOT - About
HNVR 
Hanover Bancorp Inc (HNVR)
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Upturn Advisory Summary
10/31/2025: HNVR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
2 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $24
1 Year Target Price $24
| 0 | Strong Buy |
| 1 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -6.26% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/31/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 154.65M USD | Price to earnings Ratio 13.54 | 1Y Target Price 24 |
Price to earnings Ratio 13.54 | 1Y Target Price 24 | ||
Volume (30-day avg) 2 | Beta 0.07 | 52 Weeks Range 17.24 - 26.79 | Updated Date 11/1/2025 |
52 Weeks Range 17.24 - 26.79 | Updated Date 11/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.53 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-10-30 | When After Market | Estimate 0.53 | Actual 0.47 |
Profitability
Profit Margin 16.72% | Operating Margin (TTM) 23.43% |
Management Effectiveness
Return on Assets (TTM) 0.49% | Return on Equity (TTM) 5.86% |
Valuation
Trailing PE 13.54 | Forward PE - | Enterprise Value 135056064 | Price to Sales(TTM) 2.27 |
Enterprise Value 135056064 | Price to Sales(TTM) 2.27 | ||
Enterprise Value to Revenue 4.28 | Enterprise Value to EBITDA - | Shares Outstanding 7467390 | Shares Floating 4411947 |
Shares Outstanding 7467390 | Shares Floating 4411947 | ||
Percent Insiders 30.93 | Percent Institutions 34.38 |
Upturn AI SWOT
Hanover Bancorp Inc
Company Overview
History and Background
Hanover Bancorp, Inc. is the bank holding company for Hanover Community Bank. The bank was founded in 2009 and is headquartered in Mineola, New York. Hanover Community Bank provides a variety of financial products and services to small and medium-sized businesses, as well as individuals, primarily in the New York metropolitan area.
Core Business Areas
- Commercial Lending: Provides loans to small and medium-sized businesses, including commercial real estate loans, business term loans, and lines of credit.
- Retail Banking: Offers deposit accounts, including checking, savings, and money market accounts, as well as debit cards and online banking services.
- Mortgage Lending: Originates residential mortgage loans.
Leadership and Structure
Michael P. Puorro serves as Chairman, President and CEO. The bank has a board of directors and is structured with various departments overseeing lending, operations, and compliance.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Loans secured by commercial properties. Market share information specific to Hanover Bancorp is difficult to obtain, but commercial real estate lending is a competitive market. Competitors include larger regional and national banks and credit unions.
- Market Share: Not publicly available
- Business Term Loans: Loans to businesses for working capital, equipment purchases, or other business needs. Competitors include other community and regional banks, as well as online lenders.
- Market Share: Not publicly available
- Deposit Accounts: Checking and savings accounts. Competition is intense from national banks, credit unions, and online banks.
- Market Share: Not publicly available
Market Dynamics
Industry Overview
The banking industry is facing increased competition, rising interest rates, and evolving regulatory requirements. Community banks are focused on serving local markets and building relationships with customers.
Positioning
Hanover Bancorp is a community bank focused on serving the New York metropolitan area. Its competitive advantages include its local market knowledge and personalized service.
Total Addressable Market (TAM)
The TAM for banking services in the New York metropolitan area is substantial. Hanover Bancorp is positioned to capture a portion of this TAM by focusing on small and medium-sized businesses.
Upturn SWOT Analysis
Strengths
- Strong local market knowledge
- Personalized customer service
- Experienced management team
- Relationship-based banking model
Weaknesses
- Smaller size compared to larger competitors
- Limited geographic reach
- Reliance on commercial real estate lending
- Less diversified revenue streams
Opportunities
- Expanding into new markets within the New York metropolitan area
- Increasing market share in existing markets
- Developing new products and services
- Leveraging technology to improve efficiency and customer service
Threats
- Increased competition from larger banks and credit unions
- Rising interest rates
- Economic slowdown
- Regulatory changes
Competitors and Market Share
Key Competitors
- New York Community Bancorp (NYCB)
- Signature Bank (SBNY)
- Sterling Bancorp (STL)
Competitive Landscape
Hanover Bancorp faces competition from larger regional banks. Its advantages include local market knowledge and personalized service, while disadvantages include its smaller size and limited resources.
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends depend on Hanover Bancorp's performance. Requires access to the financial statements to determine values.
Future Projections: Future growth projections require analyst estimates which are unavailable without a dedicated financial data feed. Unable to supply values.
Recent Initiatives: Recent initiatives depend on Hanover Bancorp's announcements. Requires following press releases and investor relations.
Summary
Hanover Bancorp is a community bank focused on the New York metropolitan area. Its strengths include local market expertise and a relationship-based approach. Challenges include competition from larger institutions and economic uncertainties. The company should focus on growing its loan portfolio and expanding its services to meet the evolving needs of its customers.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company website
- SEC filings
- Industry reports
Disclaimers:
This analysis is based on publicly available information and general industry knowledge. It does not constitute financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Hanover Bancorp Inc
Exchange NASDAQ | Headquaters Mineola, NY, United States | ||
IPO Launch date 2022-05-11 | CEO & Chairman Mr. Michael P. Puorro CPA | ||
Sector Financial Services | Industry Banks - Regional | Full time employees - | Website https://www.hanoverbank.com |
Full time employees - | Website https://www.hanoverbank.com | ||
Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals. The company offers checking, savings, money market, time deposit, NOW, and individual retirement accounts, as well as certificates of deposit. It also provides residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, and small business administration loans, as well as home equity, multi-family, business, bridge, and other personal purpose loans. In addition, the company offers cards, cash management, and online and mobile banking services, as well as merchant, professional, and digital solutions. It operates banking offices in Kings, Nassau, Suffolk, New York, and Queens counties, New York; and Monmouth County, New Jersey. The company was founded in 2008 and is headquartered in Mineola, New York.
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