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Hanover Bancorp (HNVR) Competitors

Hanover Bancorp logo
$27.12 +0.71 (+2.69%)
Closing price 08/4/2026 04:00 PM Eastern
Extended Trading
$27.12 +0.00 (+0.00%)
As of 04:02 AM Eastern
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HNVR vs. TCBX, PFIS, BCAL, MSBI, and VEL

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), Peoples Financial Services (PFIS), California BanCorp (BCAL), Midland States Bancorp (MSBI), and Velocity Financial (VEL). These companies are all part of the "finance" sector.

How does Hanover Bancorp compare to Third Coast Bancshares?

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

36.9% of Third Coast Bancshares shares are owned by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are owned by institutional investors. 10.5% of Third Coast Bancshares shares are owned by insiders. Comparatively, 24.4% 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 will outperform the market over the long term.

Third Coast Bancshares has a beta of 0.33, indicating that its share price is 67% less volatile than the broader market. Comparatively, Hanover Bancorp has a beta of 0.09, indicating that its share price is 91% less volatile than the broader market.

Third Coast Bancshares currently has a consensus target price of $46.00, indicating a potential upside of 4.20%. Hanover Bancorp has a consensus target price of $26.25, indicating a potential downside of 3.21%. Given Third Coast Bancshares' stronger consensus rating and higher possible upside, equities research analysts clearly believe Third Coast Bancshares is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Third Coast Bancshares
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Hanover Bancorp
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

In the previous week, Third Coast Bancshares had 2 more articles in the media than Hanover Bancorp. MarketBeat recorded 7 mentions for Third Coast Bancshares and 5 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 0.97 beat Third Coast Bancshares' score of 0.85 indicating that Hanover Bancorp is being referred to more favorably in the news media.

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

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
Third Coast Bancshares$234.99M3.12$47.67M$4.0111.01
Hanover Bancorp$143.32M1.35$7.49M$1.2721.35

Third Coast Bancshares has a net margin of 16.30% compared to Hanover Bancorp's net margin of 6.71%. 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
Third Coast Bancshares16.30% 12.05% 1.17%
Hanover Bancorp 6.71%6.01%0.50%

Third Coast Bancshares pays an annual dividend of $16.87 per share and has a dividend yield of 38.2%. Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Third Coast Bancshares pays out 420.7% 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 pays out 31.5% of its earnings in the form of a dividend.

Summary

Third Coast Bancshares beats Hanover Bancorp on 14 of the 18 factors compared between the two stocks.

How does Hanover Bancorp compare to Peoples Financial Services?

Peoples Financial Services (NASDAQ:PFIS) 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 media sentiment, dividends, analyst recommendations, valuation, profitability, institutional ownership, risk and earnings.

Peoples Financial Services has a net margin of 20.66% compared to Hanover Bancorp's net margin of 6.71%. Peoples Financial Services' return on equity of 17.42% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Peoples Financial Services20.66% 17.42% 1.71%
Hanover Bancorp 6.71%6.01%0.50%

Peoples Financial Services has a beta of 0.75, suggesting that its share price is 25% less volatile than the broader market. Comparatively, Hanover Bancorp has a beta of 0.09, suggesting that its share price is 91% less volatile than the broader market.

31.7% of Peoples Financial Services shares are held by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are held by institutional investors. 8.2% of Peoples Financial Services shares are held by company insiders. Comparatively, 24.4% of Hanover Bancorp shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Peoples Financial Services pays an annual dividend of $2.50 per share and has a dividend yield of 3.5%. Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Peoples Financial Services pays out 28.3% of its earnings in the form of a dividend. Hanover Bancorp pays out 31.5% 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. Peoples Financial Services has raised its dividend for 8 consecutive years. Peoples Financial Services is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Peoples Financial Services had 4 more articles in the media than Hanover Bancorp. MarketBeat recorded 9 mentions for Peoples Financial Services and 5 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 0.97 beat Peoples Financial Services' score of 0.15 indicating that Hanover Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Peoples Financial Services
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hanover Bancorp
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Peoples Financial Services presently has a consensus price target of $65.50, suggesting a potential downside of 9.00%. Hanover Bancorp has a consensus price target of $26.25, suggesting a potential downside of 3.21%. Given Hanover Bancorp's higher possible upside, analysts clearly believe Hanover Bancorp is more favorable than Peoples Financial Services.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Peoples Financial Services
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Hanover Bancorp
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

Peoples Financial Services has higher revenue and earnings than Hanover Bancorp. Peoples Financial Services 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
Peoples Financial Services$283.67M2.54$59.19M$8.838.15
Hanover Bancorp$143.32M1.35$7.49M$1.2721.35

Summary

Peoples Financial Services beats Hanover Bancorp on 14 of the 18 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 investment? We will compare the two companies based on the strength of their risk, institutional ownership, dividends, analyst recommendations, valuation, media sentiment, profitability and earnings.

California BanCorp has a net margin of 26.01% compared to Hanover Bancorp's net margin of 6.71%. California BanCorp's return on equity of 10.51% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp6.71% 6.01% 0.50%
California BanCorp 26.01%10.51%1.48%

Hanover Bancorp has a beta of 0.09, meaning that its share price is 91% less volatile than the broader market. Comparatively, California BanCorp has a beta of 0.92, meaning that its share price is 8% less volatile than the broader market.

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$143.32M1.35$7.49M$1.2721.35
California BanCorp$237.07M2.93$63.06M$1.8411.72

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. California BanCorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.9%. Hanover Bancorp pays out 31.5% of its earnings in the form of a dividend. California BanCorp pays out 21.7% 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.

Hanover Bancorp currently has a consensus price target of $26.25, suggesting a potential downside of 3.21%. California BanCorp has a consensus price target of $24.33, suggesting a potential upside of 12.81%. Given California BanCorp's stronger consensus rating and higher possible upside, analysts plainly believe California BanCorp is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25
California BanCorp
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 55.4% of California BanCorp shares are held by institutional investors. 24.4% of Hanover Bancorp shares are held by company insiders. Comparatively, 8.1% of California BanCorp shares are held by company 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 and Hanover Bancorp both had 5 articles in the media. Hanover Bancorp's average media sentiment score of 0.97 beat California BanCorp's score of 0.68 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
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
California BanCorp
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

California BanCorp beats Hanover Bancorp on 15 of the 18 factors compared between the two stocks.

How does Hanover Bancorp compare to Midland States Bancorp?

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

Midland States Bancorp has a beta of 0.66, suggesting that its stock price is 34% less volatile than the broader market. Comparatively, Hanover Bancorp has a beta of 0.09, suggesting that its stock price is 91% less volatile than the broader market.

Midland States Bancorp has a net margin of 9.40% compared to Hanover Bancorp's net margin of 6.71%. Midland States Bancorp's return on equity of 13.32% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Midland States Bancorp9.40% 13.32% 0.92%
Hanover Bancorp 6.71%6.01%0.50%

Hanover Bancorp has lower revenue, but higher earnings 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
Midland States Bancorp$476.05M1.51-$124.28M$1.5622.13
Hanover Bancorp$143.32M1.35$7.49M$1.2721.35

Midland States Bancorp presently has a consensus price target of $29.10, indicating a potential downside of 15.73%. Hanover Bancorp has a consensus price target of $26.25, indicating a potential downside of 3.21%. Given Hanover Bancorp's higher probable upside, analysts plainly believe Hanover Bancorp is more favorable than Midland States Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Midland States Bancorp
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.33
Hanover Bancorp
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

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

Midland States Bancorp pays an annual dividend of $1.28 per share and has a dividend yield of 3.7%. Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Midland States Bancorp pays out 82.1% 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 pays out 31.5% of its earnings in the form of a dividend. 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.

In the previous week, Midland States Bancorp had 7 more articles in the media than Hanover Bancorp. MarketBeat recorded 12 mentions for Midland States Bancorp and 5 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 0.97 beat Midland States Bancorp's score of 0.72 indicating that Hanover Bancorp is being referred to more favorably in the news media.

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

Summary

Midland States Bancorp beats Hanover Bancorp on 14 of the 20 factors compared between the two stocks.

How does Hanover Bancorp compare to Velocity Financial?

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

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 97.5% of Velocity Financial shares are held by institutional investors. 24.4% of Hanover Bancorp shares are held by insiders. Comparatively, 4.7% of Velocity Financial shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Hanover Bancorp currently has a consensus price target of $26.25, suggesting a potential downside of 3.21%. Velocity Financial has a consensus price target of $22.75, suggesting a potential upside of 27.77%. Given Velocity Financial's stronger consensus rating and higher probable upside, analysts plainly believe Velocity 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)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25
Velocity Financial
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

Velocity Financial has higher revenue and earnings than Hanover Bancorp. Velocity 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hanover Bancorp$143.32M1.35$7.49M$1.2721.35
Velocity Financial$185.78M3.76$105.05M$2.806.36

In the previous week, Hanover Bancorp had 5 more articles in the media than Velocity Financial. MarketBeat recorded 5 mentions for Hanover Bancorp and 0 mentions for Velocity Financial. Hanover Bancorp's average media sentiment score of 0.97 beat Velocity 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
Velocity Financial Neutral

Velocity Financial has a net margin of 56.47% compared to Hanover Bancorp's net margin of 6.71%. Velocity Financial's return on equity of 18.01% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp6.71% 6.01% 0.50%
Velocity Financial 56.47%18.01%1.66%

Hanover Bancorp has a beta of 0.09, suggesting that its share price is 91% less volatile than the broader market. Comparatively, Velocity Financial has a beta of 0.7, suggesting that its share price is 30% less volatile than the broader market.

Summary

Velocity Financial beats Hanover Bancorp on 12 of the 16 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$189.01M$23.73B$14.04B$12.76B
Dividend Yield1.51%3.18%5.92%10.01%
P/E Ratio21.3528.1528.8825.53
Price / Sales1.359.53469.8394.29
Price / Cash13.3216.4438.6149.39
Price / Book1.001.393.736.11
Net Income$7.49M$2.58B$1.31B$347.58M
7 Day Performance2.34%1.52%1.53%4.91%
1 Month Performance16.20%3.39%1.35%-2.06%
1 Year Performance28.11%30.89%13.68%21.03%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HNVR
Hanover Bancorp
4.6562 of 5 stars
$27.12
+2.7%
$26.25
-3.2%
+28.5%$189.01M$143.32M21.35160
TCBX
Third Coast Bancshares
1.7736 of 5 stars
$43.97
+0.7%
$45.00
+2.3%
+20.2%$727.66M$234.99M13.41330
PFIS
Peoples Financial Services
2.3333 of 5 stars
$71.77
-0.2%
$58.50
-18.5%
+49.4%$721.26M$283.67M7.98400
BCAL
California BanCorp
4.4393 of 5 stars
$21.60
+0.3%
$23.33
+8.0%
+43.9%$694.23M$237.07M11.73204
MSBI
Midland States Bancorp
2.4508 of 5 stars
$33.60
-1.5%
$29.10
-13.4%
+106.4%$693.92M$476.05M21.46970

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This page (NASDAQ:HNVR) was last updated on 8/5/2026 by MarketBeat.com Staff.
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