Hanover Bancorp (NASDAQ:HNVR – Get Free Report) is anticipated to announce its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Hanover Bancorp to post 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 results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 12:30 PM ET.
Hanover Bancorp (NASDAQ:HNVR – Get Free Report) last announced its earnings results on Monday, April 27th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.53 by $0.01. The business had revenue of $19.11 million during the quarter, compared to analysts’ expectations of $19.50 million. Hanover Bancorp had a net margin of 5.53% and a return on equity of 5.09%. 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 Stock Down 0.7%
Hanover Bancorp stock opened at $24.87 on Tuesday. The company has a market cap of $178.07 million, a P/E ratio of 23.69 and a beta of 0.11. Hanover Bancorp has a 1-year low of $19.91 and a 1-year high of $25.61. The company has a fifty day simple moving average of $23.46 and a 200 day simple moving average of $22.75. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.30.
Hanover Bancorp Dividend Announcement
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. Weiss Ratings upgraded Hanover Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 1st. Piper Sandler assumed coverage on Hanover Bancorp in a report on Friday, July 10th. They set an “overweight” rating and a $26.50 target price on the stock. Finally, Zacks Research raised Hanover Bancorp to a “hold” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $24.33.
Check Out Our Latest Stock Report on Hanover Bancorp
Insiders Place Their Bets
In related news, Director Robert Golden sold 2,259 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $22.79, for a total transaction of $51,482.61. Following the transaction, the director directly owned 34,009 shares in the company, valued at approximately $775,065.11. The trade was a 6.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 4,566 shares of company stock worth $105,240 in the last 90 days. 24.38% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of Hanover Bancorp by 23.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,776 shares of the company’s stock valued at $62,000 after purchasing an additional 529 shares during the period. Dimensional Fund Advisors LP lifted its stake in Hanover Bancorp by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 31,089 shares of the company’s stock valued at $719,000 after purchasing an additional 534 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Hanover Bancorp by 219.9% during the third quarter. BNP Paribas Financial Markets now owns 1,289 shares of the company’s stock worth $29,000 after purchasing an additional 886 shares during the period. Bank of America Corp DE grew its holdings in Hanover Bancorp by 68.6% during the third quarter. Bank of America Corp DE now owns 2,463 shares of the company’s stock worth $55,000 after purchasing an additional 1,002 shares during the period. Finally, Barclays PLC grew its holdings in Hanover Bancorp by 19.9% during the fourth quarter. Barclays PLC now owns 10,669 shares of the company’s stock worth $247,000 after purchasing an additional 1,769 shares during the period. Institutional investors own 15.02% of the company’s stock.
Hanover Bancorp Company Profile
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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