Hanover Bancorp (HNVR) Competitors

Hanover Bancorp (NASDAQ:HNVR) and South Plains Financial (NASDAQ:SPFI) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, media sentiment, valuation, risk, earnings, dividends, analyst recommendations and institutional ownership.

Is HNVR or SPFI a better dividend stock?

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.8%. South Plains Financial pays an annual dividend of $0.64 per share and has a dividend yield of 1.5%. Hanover Bancorp pays out 26.1% of its earnings in the form of a dividend. South Plains Financial pays out 20.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. South Plains Financial has increased its dividend for 5 consecutive years.

Which has stronger earnings & valuation, HNVR or SPFI?

South Plains Financial has higher revenue and earnings than Hanover Bancorp. South Plains Financial is trading at a lower price-to-earnings ratio than Hanover Bancorp, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Hanover Bancorp	$148.36M	1.08	$12.35M	$1.53	14.54
South Plains Financial	$288.97M	2.32	$49.72M	$3.20	12.91

Do insiders and institutionals hold more shares of HNVR or SPFI?

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 55.0% of South Plains Financial shares are held by institutional investors. 24.8% of Hanover Bancorp shares are held by insiders. Comparatively, 24.6% of South Plains Financial shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Do analysts rate HNVR or SPFI?

Hanover Bancorp presently has a consensus price target of $23.83, suggesting a potential upside of 7.12%. South Plains Financial has a consensus price target of $44.67, suggesting a potential upside of 8.13%. Given South Plains Financial's stronger consensus rating and higher possible upside, analysts plainly believe South Plains Financial is more favorable than Hanover Bancorp.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hanover Bancorp	0 Sell rating(s)	2 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33
South Plains Financial	0 Sell rating(s)	0 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	3.00

Does the media prefer HNVR or SPFI?

In the previous week, South Plains Financial had 1 more articles in the media than Hanover Bancorp. MarketBeat recorded 1 mentions for South Plains Financial and 0 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 1.07 beat South Plains Financial's score of 0.00 indicating that Hanover Bancorp is being referred to more favorably in the media.

Company	Overall Sentiment
Hanover Bancorp	Positive
South Plains Financial	Neutral

Which has more volatility and risk, HNVR or SPFI?

Hanover Bancorp has a beta of 0.06, meaning that its stock price is 94% less volatile than the S&P 500. Comparatively, South Plains Financial has a beta of 0.72, meaning that its stock price is 28% less volatile than the S&P 500.

Is HNVR or SPFI more profitable?

South Plains Financial has a net margin of 18.59% compared to Hanover Bancorp's net margin of 7.73%. South Plains Financial's return on equity of 12.27% beat Hanover Bancorp's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Hanover Bancorp	7.73%	7.40%	0.61%
South Plains Financial	18.59%	12.27%	1.26%

Summary

South Plains Financial beats Hanover Bancorp on 15 of the 19 factors compared between the two stocks.