Hanover Bancorp (HNVR) Projected to Post Quarterly Earnings on Wednesday

Hanover Bancorp (NASDAQ:HNVRGet Free Report) is anticipated to post its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.57 per share and revenue of $19.8330 million for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 12:30 PM ET.

Hanover Bancorp (NASDAQ:HNVRGet Free Report) last released its quarterly earnings data on Monday, April 27th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.01. Hanover Bancorp had a net margin of 5.53% and a return on equity of 5.09%. The company had revenue of $19.11 million during the quarter, compared to analyst estimates of $19.50 million. 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 Price Performance

Shares of Hanover Bancorp stock opened at $25.05 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market cap of $179.28 million, a price-to-earnings ratio of 23.86 and a beta of 0.11. The firm’s 50-day moving average is $23.42 and its two-hundred day moving average is $22.74. Hanover Bancorp has a 1 year low of $19.91 and a 1 year high of $25.61.

Hanover Bancorp Dividend Announcement

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%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Piper Sandler began coverage on shares of Hanover Bancorp in a research note on Friday, July 10th. They set an “overweight” rating and a $26.50 price objective on the stock. Zacks Research raised shares of Hanover Bancorp to a “hold” rating in a research note on Monday, July 13th. Finally, Weiss Ratings upgraded Hanover Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $24.33.

Check Out Our Latest Report on Hanover Bancorp

Insider Transactions at Hanover Bancorp

In other Hanover Bancorp news, Director Robert Golden sold 2,259 shares of Hanover Bancorp stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $22.79, for a total value of $51,482.61. Following the transaction, the director owned 34,009 shares in the company, valued at $775,065.11. The trade was a 6.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 4,566 shares of company stock valued at $105,240 in the last 90 days. 24.38% of the stock is owned by insiders.

Institutional Trading of Hanover Bancorp

Several hedge funds have recently modified their holdings of the company. Fourthstone LLC boosted its holdings in shares of Hanover Bancorp by 22.6% in the 4th quarter. Fourthstone LLC now owns 516,702 shares of the company’s stock valued at $11,941,000 after buying an additional 95,194 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Hanover Bancorp by 117.7% in the 2nd quarter. Geode Capital Management LLC now owns 105,721 shares of the company’s stock worth $2,294,000 after buying an additional 57,166 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Hanover Bancorp by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 31,089 shares of the company’s stock worth $719,000 after acquiring an additional 534 shares in the last quarter. Corient Private Wealth LLC bought a new position in shares of Hanover Bancorp during the 2nd quarter worth approximately $572,000. Finally, Goldman Sachs Group Inc. lifted its position in Hanover Bancorp by 24.5% during the first quarter. Goldman Sachs Group Inc. now owns 22,164 shares of the company’s stock valued at $486,000 after acquiring an additional 4,356 shares during the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.

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.

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Earnings History for Hanover Bancorp (NASDAQ:HNVR)

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