Hanover Bancorp (HNVR) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Q1 2026 earnings: Hanover Bancorp is expected to report Q1 results before the market opens on April 22, with analysts forecasting EPS of $0.5320 and revenue of $19.55 million; the earnings call is scheduled for April 23 at 4:00 PM ET.
• Stock and dividend: Shares opened at $22.40 with a market cap of $160.6M and a P/E of 22.4 (52-week range $19.31–$24.36), and the company pays a quarterly $0.10 dividend (annualized $0.40, yield 1.8%, payout ratio 40%).
• Analysts & institutional activity: The consensus rating is "Hold" with an average price target of $24.33 after recent downgrades, while firms such as Goldman Sachs and Jane Street have recently increased their stakes and institutional ownership is about 15%.

Hanover Bancorp (NASDAQ:HNVR - Get Free Report) is anticipated to issue its Q1 2026 results before the market opens on Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.5320 per share and revenue of $19.55 million for the quarter. Parties may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, April 23, 2026 at 4:00 PM ET.

Hanover Bancorp Stock Up 0.3%

Shares of NASDAQ HNVR opened at $22.40 on Wednesday. The stock has a market cap of $160.61 million, a PE ratio of 22.40 and a beta of 0.04. The company has a quick ratio of 1.03, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. Hanover Bancorp has a 52-week low of $19.31 and a 52-week high of $24.36. The business has a 50-day moving average price of $21.75 and a 200 day moving average price of $22.28.

Hanover Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Thursday, February 12th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.8%. Hanover Bancorp's dividend payout ratio is 40.00%.

Institutional Trading of Hanover Bancorp

A number of hedge funds have recently added to or reduced their stakes in HNVR. Goldman Sachs Group Inc. lifted its position in Hanover Bancorp by 24.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 22,164 shares of the company's stock worth $486,000 after acquiring an additional 4,356 shares during the period. Jane Street Group LLC lifted its position in Hanover Bancorp by 97.5% during the 1st quarter. Jane Street Group LLC now owns 21,292 shares of the company's stock worth $467,000 after acquiring an additional 10,511 shares during the period. Acadian Asset Management LLC lifted its position in Hanover Bancorp by 298.4% during the 1st quarter. Acadian Asset Management LLC now owns 9,398 shares of the company's stock worth $205,000 after acquiring an additional 7,039 shares during the period. Geode Capital Management LLC lifted its position in Hanover Bancorp by 117.7% during the 2nd quarter. Geode Capital Management LLC now owns 105,721 shares of the company's stock worth $2,294,000 after acquiring an additional 57,166 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in Hanover Bancorp during the 2nd quarter worth approximately $51,000. 15.02% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HNVR has been the subject of a number of research analyst reports. Piper Sandler decreased their target price on Hanover Bancorp from $27.00 to $26.50 and set an "overweight" rating for the company in a research report on Friday, January 30th. Weiss Ratings cut Hanover Bancorp from a "buy (b-)" rating to a "hold (c)" rating in a research report on Monday, March 16th. Finally, Zacks Research cut Hanover Bancorp from a "hold" rating to a "strong sell" rating in a research report on Friday, January 30th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $24.33.

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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