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Hanover Bancorp (HNVR) Competitors

Hanover Bancorp logo
$24.86 +0.43 (+1.76%)
Closing price 04:00 PM Eastern
Extended Trading
$24.84 -0.02 (-0.06%)
As of 04:10 PM Eastern
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HNVR vs. TCBX, RRBI, NPB, MSBI, and ACNB

Should you buy Hanover Bancorp stock or one of its competitors? MarketBeat compares Hanover Bancorp with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Hanover Bancorp include Third Coast Bancshares (TCBX), Red River Bancshares (RRBI), Northpointe Bancshares (NPB), Midland States Bancorp (MSBI), and ACNB (ACNB). These companies are all part of the "banking" industry.

How does Hanover Bancorp compare to Third Coast Bancshares?

Hanover Bancorp (NASDAQ:HNVR) and Third Coast Bancshares (NASDAQ:TCBX) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, media sentiment, dividends, institutional ownership, valuation and risk.

In the previous week, Hanover Bancorp had 5 more articles in the media than Third Coast Bancshares. MarketBeat recorded 8 mentions for Hanover Bancorp and 3 mentions for Third Coast Bancshares. Hanover Bancorp's average media sentiment score of 0.76 beat Third Coast Bancshares' score of 0.00 indicating that Hanover Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hanover Bancorp
0 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Third Coast Bancshares
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Hanover Bancorp currently has a consensus target price of $24.33, indicating a potential downside of 2.12%. Third Coast Bancshares has a consensus target price of $45.00, indicating a potential upside of 10.92%. Given Third Coast Bancshares' stronger consensus rating and higher possible upside, analysts clearly believe Third Coast Bancshares is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20
Third Coast Bancshares
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Hanover Bancorp has a beta of 0.11, suggesting that its stock price is 89% less volatile than the broader market. Comparatively, Third Coast Bancshares has a beta of 0.33, suggesting that its stock price is 67% less volatile than the broader market.

15.0% of Hanover Bancorp shares are owned by institutional investors. Comparatively, 36.9% of Third Coast Bancshares shares are owned by institutional investors. 24.4% of Hanover Bancorp shares are owned by company insiders. Comparatively, 10.5% of Third Coast Bancshares shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hanover Bancorp$143.32M1.24$7.49M$1.0523.68
Third Coast Bancshares$219.24M3.07$47.67M$3.8910.43

Third Coast Bancshares has a net margin of 16.30% compared to Hanover Bancorp's net margin of 5.53%. Third Coast Bancshares' return on equity of 12.05% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp5.53% 5.09% 0.42%
Third Coast Bancshares 16.30%12.05%1.17%

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.6%. Third Coast Bancshares pays an annual dividend of $16.87 per share and has a dividend yield of 41.6%. Hanover Bancorp pays out 38.1% of its earnings in the form of a dividend. Third Coast Bancshares pays out 433.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Summary

Third Coast Bancshares beats Hanover Bancorp on 13 of the 18 factors compared between the two stocks.

How does Hanover Bancorp compare to Red River Bancshares?

Red River Bancshares (NASDAQ:RRBI) and Hanover Bancorp (NASDAQ:HNVR) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, earnings, media sentiment, valuation and risk.

In the previous week, Hanover Bancorp had 4 more articles in the media than Red River Bancshares. MarketBeat recorded 8 mentions for Hanover Bancorp and 4 mentions for Red River Bancshares. Hanover Bancorp's average media sentiment score of 0.76 beat Red River Bancshares' score of 0.40 indicating that Hanover Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Red River Bancshares
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hanover Bancorp
0 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Red River Bancshares$169.85M3.78$42.76M$6.6814.60
Hanover Bancorp$143.32M1.24$7.49M$1.0523.68

27.6% of Red River Bancshares shares are owned by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are owned by institutional investors. 16.6% of Red River Bancshares shares are owned by insiders. Comparatively, 24.4% of Hanover Bancorp shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Red River Bancshares currently has a consensus target price of $80.50, suggesting a potential downside of 17.44%. Hanover Bancorp has a consensus target price of $24.33, suggesting a potential downside of 2.12%. Given Hanover Bancorp's higher possible upside, analysts plainly believe Hanover Bancorp is more favorable than Red River Bancshares.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Red River Bancshares
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25
Hanover Bancorp
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20

Red River Bancshares has a net margin of 25.74% compared to Hanover Bancorp's net margin of 5.53%. Red River Bancshares' return on equity of 12.46% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Red River Bancshares25.74% 12.46% 1.36%
Hanover Bancorp 5.53%5.09%0.42%

Red River Bancshares has a beta of 0.42, meaning that its stock price is 58% less volatile than the broader market. Comparatively, Hanover Bancorp has a beta of 0.11, meaning that its stock price is 89% less volatile than the broader market.

Red River Bancshares pays an annual dividend of $1.00 per share and has a dividend yield of 1.0%. Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.6%. Red River Bancshares pays out 15.0% of its earnings in the form of a dividend. Hanover Bancorp pays out 38.1% 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. Red River Bancshares has raised its dividend for 3 consecutive years.

Summary

Red River Bancshares beats Hanover Bancorp on 12 of the 18 factors compared between the two stocks.

How does Hanover Bancorp compare to Northpointe Bancshares?

Hanover Bancorp (NASDAQ:HNVR) and Northpointe Bancshares (NYSE:NPB) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, profitability, risk, dividends, institutional ownership, earnings, valuation and analyst recommendations.

In the previous week, Hanover Bancorp had 5 more articles in the media than Northpointe Bancshares. MarketBeat recorded 8 mentions for Hanover Bancorp and 3 mentions for Northpointe Bancshares. Northpointe Bancshares' average media sentiment score of 0.85 beat Hanover Bancorp's score of 0.76 indicating that Northpointe Bancshares is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hanover Bancorp
0 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Northpointe Bancshares
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hanover Bancorp$143.32M1.24$7.49M$1.0523.68
Northpointe Bancshares$471.18M1.36$83.41M$2.228.35

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.6%. Northpointe Bancshares pays an annual dividend of $0.10 per share and has a dividend yield of 0.5%. Hanover Bancorp pays out 38.1% of its earnings in the form of a dividend. Northpointe Bancshares pays out 4.5% 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.

15.0% of Hanover Bancorp shares are held by institutional investors. 24.4% of Hanover Bancorp shares are held by company insiders. Comparatively, 18.3% of Northpointe Bancshares shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Northpointe Bancshares has a net margin of 17.92% compared to Hanover Bancorp's net margin of 5.53%. Northpointe Bancshares' return on equity of 14.80% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp5.53% 5.09% 0.42%
Northpointe Bancshares 17.92%14.80%1.28%

Hanover Bancorp presently has a consensus price target of $24.33, suggesting a potential downside of 2.12%. Northpointe Bancshares has a consensus price target of $20.50, suggesting a potential upside of 10.64%. Given Northpointe Bancshares' higher probable upside, analysts clearly believe Northpointe Bancshares is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20
Northpointe Bancshares
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Northpointe Bancshares beats Hanover Bancorp on 10 of the 16 factors compared between the two stocks.

How does Hanover Bancorp compare to Midland States Bancorp?

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

Hanover Bancorp has a beta of 0.11, indicating that its share price is 89% less volatile than the broader market. Comparatively, Midland States Bancorp has a beta of 0.66, indicating that its share price is 34% less volatile than the broader market.

In the previous week, Hanover Bancorp had 4 more articles in the media than Midland States Bancorp. MarketBeat recorded 8 mentions for Hanover Bancorp and 4 mentions for Midland States Bancorp. Hanover Bancorp's average media sentiment score of 0.76 beat Midland States Bancorp's score of 0.71 indicating that Hanover Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hanover Bancorp
0 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Midland States Bancorp
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

15.0% of Hanover Bancorp shares are owned by institutional investors. Comparatively, 60.9% of Midland States Bancorp shares are owned by institutional investors. 24.4% of Hanover Bancorp shares are owned by insiders. Comparatively, 8.6% of Midland States Bancorp shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Midland States Bancorp has a net margin of 7.53% compared to Hanover Bancorp's net margin of 5.53%. Midland States Bancorp's return on equity of 11.55% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp5.53% 5.09% 0.42%
Midland States Bancorp 7.53%11.55%0.78%

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.6%. Midland States Bancorp pays an annual dividend of $1.28 per share and has a dividend yield of 4.2%. Hanover Bancorp pays out 38.1% of its earnings in the form of a dividend. Midland States Bancorp pays out 108.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Midland States Bancorp has increased its dividend for 1 consecutive years. Midland States Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hanover Bancorp$143.32M1.24$7.49M$1.0523.68
Midland States Bancorp$476.05M1.34-$124.28M$1.1826.02

Hanover Bancorp presently has a consensus target price of $24.33, suggesting a potential downside of 2.12%. Midland States Bancorp has a consensus target price of $24.70, suggesting a potential downside of 19.54%. Given Hanover Bancorp's higher probable upside, equities research analysts plainly believe Hanover Bancorp is more favorable than Midland States Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20
Midland States Bancorp
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.33

Summary

Midland States Bancorp beats Hanover Bancorp on 13 of the 20 factors compared between the two stocks.

How does Hanover Bancorp compare to ACNB?

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

Hanover Bancorp has a beta of 0.11, indicating that its share price is 89% less volatile than the broader market. Comparatively, ACNB has a beta of 0.87, indicating that its share price is 13% less volatile than the broader market.

Hanover Bancorp currently has a consensus target price of $24.33, indicating a potential downside of 2.12%. ACNB has a consensus target price of $61.00, indicating a potential upside of 1.13%. Given ACNB's stronger consensus rating and higher possible upside, analysts clearly believe ACNB is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20
ACNB
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

ACNB has a net margin of 25.66% compared to Hanover Bancorp's net margin of 5.53%. ACNB's return on equity of 13.15% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp5.53% 5.09% 0.42%
ACNB 25.66%13.15%1.67%

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.6%. ACNB pays an annual dividend of $1.68 per share and has a dividend yield of 2.8%. Hanover Bancorp pays out 38.1% of its earnings in the form of a dividend. ACNB pays out 34.4% 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. ACNB has increased its dividend for 8 consecutive years. ACNB is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hanover Bancorp$143.32M1.24$7.49M$1.0523.68
ACNB$191.82M3.21$37.05M$4.8912.34

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 32.4% of ACNB shares are held by institutional investors. 24.4% of Hanover Bancorp shares are held by insiders. Comparatively, 3.7% of ACNB shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, Hanover Bancorp had 7 more articles in the media than ACNB. MarketBeat recorded 8 mentions for Hanover Bancorp and 1 mentions for ACNB. ACNB's average media sentiment score of 1.43 beat Hanover Bancorp's score of 0.76 indicating that ACNB is being referred to more favorably in the news media.

Company Overall Sentiment
Hanover Bancorp Positive
ACNB Positive

Summary

ACNB beats Hanover Bancorp on 16 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HNVR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HNVR vs. The Competition

MetricHanover BancorpBANKS IndustryFinance SectorNASDAQ Exchange
Market Cap$174.84M$1.21B$14.43B$12.66B
Dividend Yield1.64%2.52%5.70%8.42%
P/E Ratio23.6819.4320.6624.37
Price / Sales1.242.8044.7793.32
Price / Cash12.3225.4719.3259.39
Price / Book0.921.292.276.32
Net Income$7.49M$75.93M$1.13B$331.55M
7 Day Performance9.95%2.30%0.97%0.15%
1 Month Performance7.20%4.17%1.38%-0.68%
1 Year Performance12.74%28.27%14.05%20.73%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HNVR
Hanover Bancorp
3.8148 of 5 stars
$24.86
+1.8%
$24.33
-2.1%
+8.1%$174.84M$143.32M23.68160
TCBX
Third Coast Bancshares
1.615 of 5 stars
$39.09
-3.3%
$45.00
+15.1%
+8.8%$648.75M$219.24M11.96330
RRBI
Red River Bancshares
2.5802 of 5 stars
$95.71
-1.6%
$80.50
-15.9%
+50.2%$629.91M$169.85M14.33340
NPB
Northpointe Bancshares
4.3229 of 5 stars
$18.15
-1.1%
$20.50
+13.0%
+24.1%$627.63M$471.18M8.18541
MSBI
Midland States Bancorp
2.8056 of 5 stars
$29.76
-1.7%
$24.70
-17.0%
+60.7%$617.24M$476.05M25.23970

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This page (NASDAQ:HNVR) was last updated on 7/15/2026 by MarketBeat.com Staff.
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