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Hanover Bancorp (HNVR) Competitors

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$22.81 +0.16 (+0.71%)
Closing price 04:00 PM Eastern
Extended Trading
$22.84 +0.03 (+0.11%)
As of 04:10 PM Eastern
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HNVR vs. SHBI, TCBX, CIVB, BTBT, and BCAL

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 Shore Bancshares (SHBI), Third Coast Bancshares (TCBX), Civista Bancshares (CIVB), Bit Digital (BTBT), and California BanCorp (BCAL). These companies are all part of the "banking" industry.

How does Hanover Bancorp compare to Shore Bancshares?

Hanover Bancorp (NASDAQ:HNVR) and Shore Bancshares (NASDAQ:SHBI) 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, analyst recommendations, institutional ownership, risk, earnings, media sentiment, dividends and valuation.

Hanover Bancorp currently has a consensus target price of $24.33, indicating a potential upside of 6.68%. Shore Bancshares has a consensus target price of $21.33, indicating a potential upside of 9.68%. Given Shore Bancshares' stronger consensus rating and higher probable upside, analysts plainly believe Shore Bancshares is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Shore Bancshares
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00

Hanover Bancorp has a beta of 0.12, meaning that its stock price is 88% less volatile than the broader market. Comparatively, Shore Bancshares has a beta of 0.83, meaning that its stock price is 17% less volatile than the broader market.

Shore Bancshares has higher revenue and earnings than Hanover Bancorp. Shore 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$143.32M1.14$7.49M$1.0521.72
Shore Bancshares$342.72M1.90$59.51M$1.8810.35

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.8%. Shore Bancshares pays an annual dividend of $0.48 per share and has a dividend yield of 2.5%. Hanover Bancorp pays out 38.1% of its earnings in the form of a dividend. Shore Bancshares pays out 25.5% 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. Shore Bancshares is clearly the better dividend stock, given its higher yield and lower payout ratio.

Shore Bancshares has a net margin of 18.20% compared to Hanover Bancorp's net margin of 5.53%. Shore Bancshares' return on equity of 11.84% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp5.53% 5.09% 0.42%
Shore Bancshares 18.20%11.84%1.12%

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 59.8% of Shore Bancshares shares are held by institutional investors. 24.8% of Hanover Bancorp shares are held by company insiders. Comparatively, 8.7% of Shore Bancshares shares are held by company 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.

In the previous week, Shore Bancshares had 1 more articles in the media than Hanover Bancorp. MarketBeat recorded 2 mentions for Shore Bancshares and 1 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 1.87 beat Shore Bancshares' score of 1.21 indicating that Hanover Bancorp is being referred to more favorably in the media.

Company Overall Sentiment
Hanover Bancorp Very Positive
Shore Bancshares Positive

Summary

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

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 compare the two businesses based on the strength of their media sentiment, earnings, analyst recommendations, institutional ownership, dividends, risk, valuation and profitability.

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 36.9% of Third Coast Bancshares shares are held by institutional investors. 24.8% of Hanover Bancorp shares are held by insiders. Comparatively, 10.3% of Third Coast Bancshares shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.8%. Third Coast Bancshares pays an annual dividend of $16.87 per share and has a dividend yield of 45.5%. 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.

Hanover Bancorp has a beta of 0.12, indicating that its stock price is 88% less volatile than the broader market. Comparatively, Third Coast Bancshares has a beta of 0.34, indicating that its stock price is 66% less volatile than the broader market.

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%

In the previous week, Hanover Bancorp had 1 more articles in the media than Third Coast Bancshares. MarketBeat recorded 1 mentions for Hanover Bancorp and 0 mentions for Third Coast Bancshares. Hanover Bancorp's average media sentiment score of 1.87 beat Third Coast Bancshares' score of 0.00 indicating that Hanover Bancorp is being referred to more favorably in the media.

Company Overall Sentiment
Hanover Bancorp Very Positive
Third Coast Bancshares Neutral

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$143.32M1.14$7.49M$1.0521.72
Third Coast Bancshares$219.24M2.81$47.67M$3.899.54

Hanover Bancorp presently has a consensus target price of $24.33, indicating a potential upside of 6.68%. Third Coast Bancshares has a consensus target price of $45.00, indicating a potential upside of 21.28%. Given Third Coast Bancshares' stronger consensus rating and higher possible upside, analysts plainly believe Third Coast Bancshares is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Third Coast Bancshares
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Summary

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

How does Hanover Bancorp compare to Civista Bancshares?

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

Civista Bancshares has higher revenue and earnings than Hanover Bancorp. Civista 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
Civista Bancshares$254.95M2.00$46.21M$2.729.01
Hanover Bancorp$143.32M1.14$7.49M$1.0521.72

Civista Bancshares presently has a consensus target price of $26.60, indicating a potential upside of 8.48%. Hanover Bancorp has a consensus target price of $24.33, indicating a potential upside of 6.68%. Given Civista Bancshares' stronger consensus rating and higher possible upside, equities analysts plainly believe Civista Bancshares is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Civista Bancshares
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.71
Hanover Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Civista Bancshares has a beta of 0.67, indicating that its share price is 33% less volatile than the broader market. Comparatively, Hanover Bancorp has a beta of 0.12, indicating that its share price is 88% less volatile than the broader market.

52.1% of Civista Bancshares shares are owned by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are owned by institutional investors. 1.6% of Civista Bancshares shares are owned by insiders. Comparatively, 24.8% of Hanover Bancorp shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Civista Bancshares has a net margin of 19.73% compared to Hanover Bancorp's net margin of 5.53%. Civista Bancshares' return on equity of 10.70% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Civista Bancshares19.73% 10.70% 1.26%
Hanover Bancorp 5.53%5.09%0.42%

Civista Bancshares pays an annual dividend of $0.72 per share and has a dividend yield of 2.9%. Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.8%. Civista Bancshares pays out 26.5% 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. Civista Bancshares has raised its dividend for 4 consecutive years. Civista Bancshares is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Civista Bancshares had 1 more articles in the media than Hanover Bancorp. MarketBeat recorded 2 mentions for Civista Bancshares and 1 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 1.87 beat Civista Bancshares' score of 1.23 indicating that Hanover Bancorp is being referred to more favorably in the news media.

Company Overall Sentiment
Civista Bancshares Positive
Hanover Bancorp Very Positive

Summary

Civista Bancshares beats Hanover Bancorp on 17 of the 20 factors compared between the two stocks.

How does Hanover Bancorp compare to Bit Digital?

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

Hanover Bancorp has higher revenue and earnings than Bit Digital. Bit Digital 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
Bit Digital$113.56M6.13-$80.32M-$0.55N/A
Hanover Bancorp$143.32M1.14$7.49M$1.0521.72

Bit Digital presently has a consensus target price of $5.67, indicating a potential upside of 166.04%. Hanover Bancorp has a consensus target price of $24.33, indicating a potential upside of 6.68%. Given Bit Digital's higher possible upside, equities analysts plainly believe Bit Digital is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bit Digital
2 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00
Hanover Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Bit Digital has a beta of 3.95, meaning that its share price is 295% more volatile than the broader market. Comparatively, Hanover Bancorp has a beta of 0.12, meaning that its share price is 88% less volatile than the broader market.

47.7% of Bit Digital shares are owned by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are owned by institutional investors. 1.8% of Bit Digital shares are owned by insiders. Comparatively, 24.8% of Hanover Bancorp shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Hanover Bancorp has a net margin of 5.53% compared to Bit Digital's net margin of -70.70%. Hanover Bancorp's return on equity of 5.09% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-70.70% -5.39% -4.48%
Hanover Bancorp 5.53%5.09%0.42%

In the previous week, Bit Digital had 8 more articles in the media than Hanover Bancorp. MarketBeat recorded 9 mentions for Bit Digital and 1 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 1.87 beat Bit Digital's score of 0.49 indicating that Hanover Bancorp is being referred to more favorably in the news media.

Company Overall Sentiment
Bit Digital Neutral
Hanover Bancorp Very Positive

Summary

Hanover Bancorp beats Bit Digital on 9 of the 15 factors compared between the two stocks.

How does Hanover Bancorp compare to California BanCorp?

California BanCorp (NASDAQ:BCAL) and Hanover Bancorp (NASDAQ:HNVR) 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, risk, earnings, analyst recommendations, institutional ownership, profitability, valuation and dividends.

California BanCorp has higher revenue and earnings than Hanover Bancorp. California BanCorp 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
California BanCorp$237.07M2.53$63.06M$1.8310.19
Hanover Bancorp$143.32M1.14$7.49M$1.0521.72

California BanCorp has a beta of 1.01, suggesting that its share price is 1% more volatile than the broader market. Comparatively, Hanover Bancorp has a beta of 0.12, suggesting that its share price is 88% less volatile than the broader market.

California BanCorp pays an annual dividend of $0.40 per share and has a dividend yield of 2.1%. Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.8%. California BanCorp pays out 21.9% 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. California BanCorp is clearly the better dividend stock, given its higher yield and lower payout ratio.

California BanCorp presently has a consensus target price of $20.67, suggesting a potential upside of 10.87%. Hanover Bancorp has a consensus target price of $24.33, suggesting a potential upside of 6.68%. Given California BanCorp's stronger consensus rating and higher probable upside, research analysts plainly believe California BanCorp is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
California BanCorp
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00
Hanover Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

55.4% of California BanCorp shares are owned by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are owned by institutional investors. 8.1% of California BanCorp shares are owned by company insiders. Comparatively, 24.8% of Hanover Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

California BanCorp has a net margin of 25.68% compared to Hanover Bancorp's net margin of 5.53%. California BanCorp's return on equity of 10.59% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
California BanCorp25.68% 10.59% 1.49%
Hanover Bancorp 5.53%5.09%0.42%

In the previous week, California BanCorp had 6 more articles in the media than Hanover Bancorp. MarketBeat recorded 7 mentions for California BanCorp and 1 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 1.87 beat California BanCorp's score of 0.69 indicating that Hanover Bancorp is being referred to more favorably in the news media.

Company Overall Sentiment
California BanCorp Positive
Hanover Bancorp Very Positive

Summary

California BanCorp 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$162.10M$1.07B$13.44B$12.38B
Dividend Yield1.77%2.73%5.84%5.35%
P/E Ratio21.7216.4423.1725.61
Price / Sales1.142.29174.4778.79
Price / Cash11.4223.5920.4556.33
Price / Book0.831.142.156.96
Net Income$7.49M$75.93M$1.11B$333.52M
7 Day Performance-1.93%-1.58%-0.67%0.45%
1 Month Performance1.83%-0.42%0.57%4.06%
1 Year Performance-1.08%20.76%11.19%36.24%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HNVR
Hanover Bancorp
3.1088 of 5 stars
$22.81
+0.7%
$24.33
+6.7%
-1.6%$162.10M$143.32M21.72160
SHBI
Shore Bancshares
4.0456 of 5 stars
$19.67
+0.5%
$21.33
+8.5%
+27.6%$658.97M$342.72M10.48450
TCBX
Third Coast Bancshares
3.5878 of 5 stars
$37.94
+1.7%
$45.00
+18.6%
+14.3%$631.10M$219.24M11.65330
CIVB
Civista Bancshares
3.6494 of 5 stars
$24.99
+0.3%
$26.60
+6.4%
+4.6%$616.87M$254.95M9.20440
BTBT
Bit Digital
3.4368 of 5 stars
$1.89
+5.3%
$5.67
+200.6%
-9.4%$615.60M$113.56MN/A10

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This page (NASDAQ:HNVR) was last updated on 5/14/2026 by MarketBeat.com Staff.
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