Hanover Bancorp, Inc.

Is Hanover Bancorp, Inc. technically bullish or bearish?

As of May 21, 2025, the trend is mildly bullish, supported by daily moving averages and monthly Bollinger Bands, but caution is advised due to a bearish weekly MACD.

As of 21 May 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a daily moving average indicating mild bullishness and a monthly Bollinger Bands showing mild bullishness as well. However, the weekly MACD is bearish, which adds some caution to the outlook. The KST on a weekly basis is bullish, while the Dow Theory suggests a mildly bullish stance on the monthly timeframe. Overall, the mixed signals indicate a cautious bullish sentiment, with strength primarily from the daily moving averages and monthly indicators.

Is Hanover Bancorp, Inc. overvalued or undervalued?

As of February 14, 2023, Hanover Bancorp, Inc. is fairly valued with a P/E ratio of 17, a Price to Book Value of 0.80, and an EV to EBITDA ratio of 8.27, showing modest profitability with a 4.84% ROE, while outperforming the S&P 500 with a 25.86% return over the past year.

As of 14 February 2023, Hanover Bancorp, Inc. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 17, a Price to Book Value of 0.80, and an EV to EBITDA ratio of 8.27. In comparison to its peers, Hanover's P/E ratio is lower than that of ChoiceOne Financial Services, Inc. at 16.34, but higher than Penns Woods Bancorp, Inc. at 10.14, indicating a mixed positioning within its competitive landscape.<BR><BR>The company's return on equity (ROE) stands at 4.84%, which is relatively modest, while the return on capital employed (ROCE) is at 7.05%. These figures suggest that while there is some profitability, it may not be sufficient to drive significant growth compared to its peers. Notably, Hanover's stock has outperformed the S&P 500 over the past year, with a return of 25.86% compared to the index's 10.26%. Overall, Hanover Bancorp, Inc. is fairly valued in the current market context.

How big is Hanover Bancorp, Inc.?

As of Jun 18, Hanover Bancorp, Inc. has a market capitalization of 150.79 million, with total assets of 2,325.58 million and shareholder's funds of 196.64 million.

Market Cap: As of Jun 18, Hanover Bancorp, Inc. has a market capitalization of 150.79 million, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Hanover Bancorp, Inc. reported a sum of interest earned of 133.43 million and a net profit of 9.51 million.<BR><BR>Balance Sheet Snapshot: As of Dec 24, the company's shareholder's funds amounted to 196.64 million, while total assets were reported at 2,325.58 million.

What does Hanover Bancorp, Inc. do?

Hanover Bancorp, Inc. is a micro-cap regional bank with recent net sales of $33 million and a net profit of $1 million. It has a market cap of $150.79 million, a P/E ratio of 17.00, and a return on equity of 4.84%.

Overview:<BR>Hanover Bancorp, Inc. operates in the regional banks industry and is classified as a micro-cap company.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 33 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Million (Quarterly Results - Mar 2025) <BR>Market cap: USD 150.79 Million (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 17.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 4.84% <BR>Price to Book: 0.77 <BR><BR>Contact Details:<BR>Registrar Address: Not available.

Should I buy, sell or hold Hanover Bancorp, Inc.?