Hanover Bancorp (HNVR) Competitors

Hanover Bancorp logo
$23.34 -0.12 (-0.51%)
As of 01:32 PM Eastern
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HNVR vs. TCBX, VBNK, BCAL, DGXX, and NPB

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), VersaBank (VBNK), California BanCorp (BCAL), Digi Power X (DGXX), and Northpointe Bancshares (NPB). 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 investment? We will contrast the two companies based on the strength of their analyst recommendations, profitability, risk, institutional ownership, dividends, media sentiment, valuation and earnings.

In the previous week, Third Coast Bancshares had 2 more articles in the media than Hanover Bancorp. MarketBeat recorded 2 mentions for Third Coast Bancshares and 0 mentions for Hanover Bancorp. Third Coast Bancshares' average media sentiment score of 0.38 beat Hanover Bancorp's score of 0.00 indicating that Third Coast Bancshares is being referred to more favorably in the news media.

Company Overall Sentiment
Hanover Bancorp Neutral
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$74.07M2.26$7.49M$1.0522.23
Third Coast Bancshares$219.24M3.07$47.67M$3.8910.43

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

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.7%. 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.

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

Hanover Bancorp presently has a consensus target price of $24.33, suggesting a potential upside of 4.26%. Third Coast Bancshares has a consensus target price of $45.00, suggesting a potential upside of 10.90%. 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
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

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%

Summary

Third Coast Bancshares beats Hanover Bancorp on 15 of the 18 factors compared between the two stocks.

How does Hanover Bancorp compare to VersaBank?

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

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.7%. VersaBank pays an annual dividend of $0.07 per share and has a dividend yield of 0.4%. Hanover Bancorp pays out 38.1% of its earnings in the form of a dividend. VersaBank pays out 10.1% 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.

VersaBank has a net margin of 9.34% compared to Hanover Bancorp's net margin of 5.53%. VersaBank's return on equity of 8.32% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp5.53% 5.09% 0.42%
VersaBank 9.34%8.32%0.75%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hanover Bancorp$74.07M2.26$7.49M$1.0522.23
VersaBank$217.14M2.85$20.32M$0.6927.88

Hanover Bancorp has a beta of 0.11, suggesting that its share price is 89% less volatile than the broader market. Comparatively, VersaBank has a beta of 1.1, suggesting that its share price is 10% more volatile than the broader market.

Hanover Bancorp presently has a consensus price target of $24.33, suggesting a potential upside of 4.26%. VersaBank has a consensus price target of $20.00, suggesting a potential upside of 3.95%. Given Hanover Bancorp's higher possible upside, analysts clearly believe Hanover Bancorp is more favorable than VersaBank.

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
VersaBank
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

15.0% of Hanover Bancorp shares are owned by institutional investors. Comparatively, 56.9% of VersaBank shares are owned by institutional investors. 24.4% of Hanover Bancorp shares are owned by company insiders. Comparatively, 5.3% of VersaBank shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

In the previous week, Hanover Bancorp's average media sentiment score of 0.00 equaled VersaBank'saverage media sentiment score.

Company Overall Sentiment
Hanover Bancorp Neutral
VersaBank Neutral

Summary

VersaBank beats Hanover Bancorp on 10 of the 15 factors compared between the two stocks.

How does Hanover Bancorp compare to California BanCorp?

Hanover Bancorp (NASDAQ:HNVR) and California BanCorp (NASDAQ:BCAL) 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.

Hanover Bancorp currently has a consensus target price of $24.33, indicating a potential upside of 4.26%. California BanCorp has a consensus target price of $20.67, indicating a potential upside of 0.15%. Given Hanover Bancorp's higher possible upside, analysts clearly believe Hanover Bancorp is more favorable than California 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
California BanCorp
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00

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
Hanover Bancorp5.53% 5.09% 0.42%
California BanCorp 25.68%10.59%1.49%

Hanover Bancorp has a beta of 0.11, suggesting that its stock price is 89% less volatile than the broader market. Comparatively, California BanCorp has a beta of 0.99, suggesting that its stock price is 1% less volatile than the broader market.

15.0% of Hanover Bancorp shares are owned by institutional investors. Comparatively, 55.4% of California BanCorp shares are owned by institutional investors. 24.4% of Hanover Bancorp shares are owned by company insiders. Comparatively, 8.1% of California BanCorp 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.

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
Hanover Bancorp$74.07M2.26$7.49M$1.0522.23
California BanCorp$237.07M2.80$63.06M$1.8311.28

In the previous week, Hanover Bancorp's average media sentiment score of 0.00 equaled California BanCorp'saverage media sentiment score.

Company Overall Sentiment
Hanover Bancorp Neutral
California BanCorp Neutral

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.7%. California BanCorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.9%. Hanover Bancorp pays out 38.1% of its earnings in the form of a dividend. California BanCorp pays out 21.9% 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.

Summary

California BanCorp beats Hanover Bancorp on 14 of the 17 factors compared between the two stocks.

How does Hanover Bancorp compare to Digi Power X?

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

Hanover Bancorp has higher revenue and earnings than Digi Power X. Digi Power X 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
Digi Power X$34.19M14.75-$28.36M-$0.65N/A
Hanover Bancorp$74.07M2.26$7.49M$1.0522.23

Hanover Bancorp has a net margin of 5.53% compared to Digi Power X's net margin of -98.79%. Hanover Bancorp's return on equity of 5.09% beat Digi Power X's return on equity.

Company Net Margins Return on Equity Return on Assets
Digi Power X-98.79% -42.04% -37.64%
Hanover Bancorp 5.53%5.09%0.42%

1.9% of Digi Power X shares are held by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are held by institutional investors. 24.4% of Hanover Bancorp 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.

In the previous week, Digi Power X had 1 more articles in the media than Hanover Bancorp. MarketBeat recorded 1 mentions for Digi Power X and 0 mentions for Hanover Bancorp. Digi Power X's average media sentiment score of 0.59 beat Hanover Bancorp's score of 0.00 indicating that Digi Power X is being referred to more favorably in the media.

Company Overall Sentiment
Digi Power X Positive
Hanover Bancorp Neutral

Digi Power X has a beta of 6.19, suggesting that its stock price is 519% more volatile than the broader market. Comparatively, Hanover Bancorp has a beta of 0.11, suggesting that its stock price is 89% less volatile than the broader market.

Digi Power X currently has a consensus price target of $4.00, indicating a potential downside of 28.28%. Hanover Bancorp has a consensus price target of $24.33, indicating a potential upside of 4.26%. Given Hanover Bancorp's higher possible upside, analysts plainly believe Hanover Bancorp is more favorable than Digi Power X.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Digi Power X
1 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33
Hanover Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Hanover Bancorp beats Digi Power X on 10 of the 16 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, Northpointe Bancshares had 2 more articles in the media than Hanover Bancorp. MarketBeat recorded 2 mentions for Northpointe Bancshares and 0 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 0.00 equaled Northpointe Bancshares'average media sentiment score.

Company Overall Sentiment
Hanover Bancorp Neutral
Northpointe Bancshares Neutral

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$74.07M2.26$7.49M$1.0522.23
Northpointe Bancshares$471.18M1.38$83.41M$2.228.45

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.7%. 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.

Hanover Bancorp has a beta of 0.11, suggesting that its stock price is 89% less volatile than the broader market. Comparatively, Northpointe Bancshares has a beta of 0.12, suggesting that its stock price is 88% less volatile than the broader market.

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 upside of 4.26%. Northpointe Bancshares has a consensus price target of $19.83, suggesting a potential upside of 5.73%. 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
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
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 15 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$167.04M$1.20B$13.83B$12.19B
Dividend Yield1.75%2.54%5.73%5.89%
P/E Ratio22.2319.1820.2624.07
Price / Sales2.262.49142.51124.79
Price / Cash11.8225.3319.4853.76
Price / Book0.861.272.236.36
Net Income$7.49M$75.93M$1.14B$336.99M
7 Day Performance0.26%2.21%0.09%-1.00%
1 Month Performance-0.21%5.64%1.09%0.58%
1 Year Performance9.89%31.99%15.46%29.30%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HNVR
Hanover Bancorp
2.2001 of 5 stars
$23.34
-0.5%
$24.33
+4.3%
+10.3%$167.04M$74.07M22.23160
TCBX
Third Coast Bancshares
2.8256 of 5 stars
$38.70
-1.9%
$45.00
+16.3%
+26.2%$644.65M$219.24M11.88330
VBNK
VersaBank
1.7006 of 5 stars
$19.30
-1.8%
$20.00
+3.6%
+67.5%$625.16M$217.14M28.14100
BCAL
California BanCorp
3.0483 of 5 stars
$19.34
-1.7%
$20.67
+6.9%
+34.6%$624.26M$237.07M10.60204
DGXX
Digi Power X
1.3737 of 5 stars
$6.84
+1.6%
$4.00
-41.5%
+125.2%$618.57M$31.70MN/A10

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This page (NASDAQ:HNVR) was last updated on 6/25/2026 by MarketBeat.com Staff.
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