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Upturn AI SWOT - About
Hanover Bancorp Inc (HNVR)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
06/30/2025: 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
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $25.25
1 Year Target Price $25.25
| 0 | Strong Buy |
| 1 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 4.97% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 156.86M USD | Price to earnings Ratio 16.56 | 1Y Target Price 25.25 |
Price to earnings Ratio 16.56 | 1Y Target Price 25.25 | ||
Volume (30-day avg) 2 | Beta 0.07 | 52 Weeks Range 15.62 - 26.92 | Updated Date 06/29/2025 |
52 Weeks Range 15.62 - 26.92 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 1.84% | Basic EPS (TTM) 1.31 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 15.08% | Operating Margin (TTM) 11.84% |
Management Effectiveness
Return on Assets (TTM) 0.43% | Return on Equity (TTM) 5.08% |
Valuation
Trailing PE 16.56 | Forward PE - | Enterprise Value 144631456 | Price to Sales(TTM) 2.41 |
Enterprise Value 144631456 | Price to Sales(TTM) 2.41 | ||
Enterprise Value to Revenue 4.32 | Enterprise Value to EBITDA - | Shares Outstanding 7228730 | Shares Floating 4424923 |
Shares Outstanding 7228730 | Shares Floating 4424923 | ||
Percent Insiders 30.88 | Percent Institutions 29.82 |
Analyst Ratings
Rating 2 | Target Price 25.25 | Buy 1 | Strong Buy - |
Buy 1 | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Hanover Bancorp Inc
Company Overview
History and Background
Hanover Bancorp, Inc. is the holding company for Hanover Community Bank. Founded to serve the financial needs of the New York metropolitan area, particularly the small to medium-sized businesses. Information on the founding year and specific milestones requires further research.
Core Business Areas
- Commercial Banking: Offers a range of commercial banking products and services, including commercial real estate loans, business loans, and lines of credit.
- Retail Banking: Provides retail banking services such as checking accounts, savings accounts, mortgages, and personal loans to individuals and families.
- Wealth Management: Offers wealth management and financial planning services to high-net-worth individuals and families.
Leadership and Structure
Details on Hanover Bancorp's leadership team and organizational structure would require access to their official website or regulatory filings.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Provides financing for commercial real estate projects. Market share data specific to Hanover Bancorp is unavailable without proprietary data. Competitors include larger regional and national banks like New York Community Bancorp (NYCB) and Signature Bank (SBNY).
- Business Loans: Offers loans and lines of credit to small and medium-sized businesses. Market share data specific to Hanover Bancorp is unavailable without proprietary data. Competitors include regional banks and online lenders like Live Oak Bancshares (LOB).
- Mortgages: Provides residential mortgage loans. Market share data is highly fragmented. Competitors include larger banks and mortgage lenders like Rocket Companies (RKT).
Market Dynamics
Industry Overview
The banking industry is currently facing challenges related to interest rate volatility, increased regulatory scrutiny, and technological disruption. Digital transformation and cybersecurity are key focus areas.
Positioning
Hanover Bancorp is a regional bank focused on serving the New York metropolitan area. Competitive advantages may include local market knowledge and personalized customer service.
Total Addressable Market (TAM)
The total addressable market for banking services in the New York metropolitan area is substantial, estimated to be in the hundreds of billions of dollars. Hanover Bancorp's positioning allows it to capture a segment of this market through its local focus.
Upturn SWOT Analysis
Strengths
- Strong local market presence
- Experienced management team
- Personalized customer service
- Strong relationships with local businesses
Weaknesses
- Smaller asset base compared to larger competitors
- Limited geographic diversification
- Potential dependence on specific industries or sectors
- Higher cost of funds vs larger banks
Opportunities
- Expansion into new markets within the New York metropolitan area
- Increased adoption of digital banking technologies
- Strategic acquisitions to expand product offerings
- Growing demand for personalized financial services
Threats
- Increased competition from larger banks and online lenders
- Economic downturn impacting loan demand and credit quality
- Rising interest rates increasing borrowing costs
- Increased regulatory scrutiny
Competitors and Market Share
Key Competitors
- NYCB
- SBNY
- LOB
- MS
- JPM
Competitive Landscape
Hanover Bancorp faces stiff competition from larger regional and national banks. Its competitive advantage lies in its local market knowledge and personalized service. Disadvantages include a smaller asset base and limited geographic diversification.
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends require a review of the company's past financial performance.
Future Projections: Future growth projections would be based on analyst estimates, which would require financial data sources.
Recent Initiatives: Recent strategic initiatives require access to company announcements and press releases.
Summary
Hanover Bancorp is a smaller bank operating in a competitive market. Their strength lies in its local presence and personalized service, but faces challenges from larger competitors and economic uncertainty. Keeping an eye on market regulations and any changes will be critical to their success. They need to ensure that they diversify their portfolio of products and services to grow.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Third-party Financial Data Providers
- AI Based Rating
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly. Always conduct thorough research and consult with a financial professional before making investment decisions.
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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