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Upturn AI Summary - About
Hanover Bancorp Inc(HNVR)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for HNVR
10/12/2026: HNVR (2-star) is currently NOT-A-BUY. Pass it for now.
Hanover Bancorp Inc is a regional bank holding company focused on providing personalized commercial and consumer banking services in the New York metropolitan area. The company benefits from deep local market knowledge, particularly in commercial real estate lending, which has historically supported its loan portfolio. Its primary growth opportunity lies in deepening its relationship-based model and improving digital capabilities to better serve small businesses. However, it faces risks related to geographic concentration, real estate market sensitivity, and competition from larger regional players. The stock may suit value-oriented investors who prioritize regional banking exposure, provided they monitor the bank's net interest margins and credit quality in a fluctuating rate environment.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | Hanover is a mature, slow-growth bank focused on preservation rather than rapid expansion. |
| Momentum investor | Weak fit | The stock lacks the high-volatility, high-volume characteristics typically sought by momentum traders. |
| Value investor | Strong fit while signal remains positive | Trading at regional bank multiples, it may appeal to value investors looking for asset-backed banking exposure. |
| Dividend investor | Mixed fit | The dividend yield is not the primary feature of the investment thesis compared to capital appreciation. |
| Low-risk investor | Mixed fit | While bank stocks are regulated, the geographic concentration in NYC creates specific regional risk. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | Bank stocks can fluctuate significantly based on interest rate policy shifts. |
| Valuation risk | Medium | Market perception of regional banks can lead to sudden valuation swings. |
| Competition risk (Commercial Banking) | Medium / high | Large regional banks have more resources to capture market share in NYC. |
| Business quality | Medium | The bank relies on a concentrated loan portfolio in a specific geography. |
| Dividend income | Low | The focus is more on capital preservation than income yield. |
| Execution risk | Medium | The bank must successfully navigate lending in volatile real estate markets. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 10.74% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/12/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 172.72M USD | Price to earnings Ratio 19.28 | 1Y Target Price 27.33 |
Price to earnings Ratio 19.28 | 1Y Target Price 27.33 | ||
Volume (30-day avg) 34.4K shares | Beta 0.11 | 52 Weeks Range 19.57 - 27.94 | Updated Date 10/11/2026 |
52 Weeks Range 19.57 - 27.94 | Updated Date 10/11/2026 | ||
Dividends yield (FY) 1.61% | Basic EPS (TTM) 1.27 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Interest Income | Interest earned on commercial and residential loans. | The bank earns most of its money from the difference between interest earned on loans and interest paid on deposits. |
| Non-Interest Income | Service fees and other banking charges. | A secondary stream from fees charged to business and consumer banking clients. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 19.28 | Forward PE - | Enterprise Value 138.41M | Price to Sales(TTM) 2.58 |
Enterprise Value 138.41M | Price to Sales(TTM) 2.58 | ||
Enterprise Value to Revenue 3.87 | Enterprise Value to EBITDA - | Shares Outstanding 7.06M | Shares Floating 4.21M |
Shares Outstanding 7.06M | Shares Floating 4.21M | ||
Percent Insiders 32.11 | Percent Institutions 37.02 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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