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Hanover Bancorp (HNVR) Competitors

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$26.95 -0.32 (-1.17%)
Closing price 08/25/2026 04:00 PM Eastern
Extended Trading
$26.95 +0.00 (+0.00%)
As of 04:07 AM Eastern
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HNVR vs. WASH, TCBX, CCB, AROW, and CWBC

Should you buy Hanover Bancorp stock or one of its competitors? Hanover Bancorp's main competitors and comparable companies include Washington Trust Bancorp (WASH), Third Coast Bancshares (TCBX), Coastal Financial (CCB), Arrow Financial (AROW), and Community West Bancshares (CWBC). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "regional banks" industry.

How does Hanover Bancorp compare to Washington Trust Bancorp?

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

In the previous week, Washington Trust Bancorp had 1 more articles in the media than Hanover Bancorp. MarketBeat recorded 3 mentions for Washington Trust Bancorp and 2 mentions for Hanover Bancorp. Washington Trust Bancorp's average media sentiment score of 1.34 beat Hanover Bancorp's score of 0.00 indicating that Washington Trust Bancorp 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)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Washington Trust Bancorp
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Washington Trust Bancorp has higher revenue and earnings than Hanover Bancorp. Washington Trust 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$143.32M1.33$7.49M$1.2721.22
Washington Trust Bancorp$234.01M3.22$52.24M$2.8813.74

Washington Trust Bancorp has a net margin of 14.50% compared to Hanover Bancorp's net margin of 6.71%. Washington Trust Bancorp's return on equity of 10.18% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp6.71% 6.00% 0.50%
Washington Trust Bancorp 14.50%10.18%0.84%

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 65.8% of Washington Trust Bancorp shares are held by institutional investors. 24.4% of Hanover Bancorp shares are held by company insiders. Comparatively, 1.3% of Washington Trust Bancorp shares are held 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.

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Washington Trust Bancorp pays an annual dividend of $2.24 per share and has a dividend yield of 5.7%. Hanover Bancorp pays out 31.5% of its earnings in the form of a dividend. Washington Trust Bancorp pays out 77.8% 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 0.09, meaning that its stock price is 91% less volatile than the broader market. Comparatively, Washington Trust Bancorp has a beta of 0.72, meaning that its stock price is 28% less volatile than the broader market.

Hanover Bancorp currently has a consensus target price of $28.50, suggesting a potential upside of 5.75%. Washington Trust Bancorp has a consensus target price of $35.50, suggesting a potential downside of 10.26%. Given Hanover Bancorp's stronger consensus rating and higher probable upside, research analysts clearly believe Hanover Bancorp is more favorable than Washington Trust Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Washington Trust Bancorp
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

Summary

Washington Trust Bancorp beats Hanover Bancorp on 12 of the 18 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 contrast the two companies based on the strength of their analyst recommendations, dividends, valuation, profitability, risk, earnings, institutional ownership and media sentiment.

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$143.32M1.33$7.49M$1.2721.22
Third Coast Bancshares$234.99M3.21$47.67M$4.0111.35

Hanover Bancorp has a beta of 0.09, suggesting that its stock price is 91% less volatile than the broader market. Comparatively, Third Coast Bancshares has a beta of 0.32, suggesting that its stock price is 68% less volatile than the broader market.

In the previous week, Hanover Bancorp and Hanover Bancorp both had 2 articles in the media. Third Coast Bancshares' average media sentiment score of 1.67 beat Hanover Bancorp's score of 0.00 indicating that Third Coast 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)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Third Coast Bancshares
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Third Coast Bancshares pays an annual dividend of $16.87 per share and has a dividend yield of 37.1%. Hanover Bancorp pays out 31.5% of its earnings in the form of a dividend. 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 presently has a consensus target price of $28.50, indicating a potential upside of 5.75%. Third Coast Bancshares has a consensus target price of $46.00, indicating a potential upside of 1.07%. Given Hanover Bancorp's stronger consensus rating and higher possible upside, research analysts clearly believe Hanover Bancorp is more favorable than Third Coast Bancshares.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
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 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
Hanover Bancorp6.71% 6.00% 0.50%
Third Coast Bancshares 16.30%12.05%1.17%

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 insiders. Comparatively, 10.5% of Third Coast Bancshares shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Third Coast Bancshares beats Hanover Bancorp on 12 of the 17 factors compared between the two stocks.

How does Hanover Bancorp compare to Coastal Financial?

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

In the previous week, Coastal Financial had 13 more articles in the media than Hanover Bancorp. MarketBeat recorded 15 mentions for Coastal Financial and 2 mentions for Hanover Bancorp. Coastal Financial's average media sentiment score of 0.27 beat Hanover Bancorp's score of 0.00 indicating that Coastal Financial 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)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Coastal Financial
2 Very Positive mention(s)
1 Positive mention(s)
11 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 59.2% of Coastal Financial shares are held by institutional investors. 24.4% of Hanover Bancorp shares are held by company insiders. Comparatively, 13.5% of Coastal Financial shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Hanover Bancorp has a net margin of 6.71% compared to Coastal Financial's net margin of -0.53%. Hanover Bancorp's return on equity of 6.00% beat Coastal Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp6.71% 6.00% 0.50%
Coastal Financial -0.53%-0.80%-0.08%

Hanover Bancorp has a beta of 0.09, indicating that its share price is 91% less volatile than the broader market. Comparatively, Coastal Financial has a beta of 0.76, indicating that its share price is 24% less volatile than the broader market.

Hanover Bancorp presently has a consensus target price of $28.50, suggesting a potential upside of 5.75%. Coastal Financial has a consensus target price of $91.33, suggesting a potential upside of 93.63%. Given Coastal Financial's higher probable upside, analysts clearly believe Coastal 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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Coastal Financial
2 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.43

Coastal Financial has higher revenue and earnings than Hanover Bancorp. Coastal 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$143.32M1.33$7.49M$1.2721.22
Coastal Financial$661.22M1.09$46.99M-$0.28N/A

Summary

Hanover Bancorp and Coastal Financial tied by winning 8 of the 16 factors compared between the two stocks.

How does Hanover Bancorp compare to Arrow Financial?

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

In the previous week, Hanover Bancorp had 1 more articles in the media than Arrow Financial. MarketBeat recorded 2 mentions for Hanover Bancorp and 1 mentions for Arrow Financial. Arrow Financial's average media sentiment score of 1.79 beat Hanover Bancorp's score of 0.00 indicating that Arrow Financial is being referred to more favorably in the media.

Company Overall Sentiment
Arrow Financial Very Positive
Hanover Bancorp Neutral

Arrow Financial currently has a consensus price target of $40.83, indicating a potential upside of 6.95%. Hanover Bancorp has a consensus price target of $28.50, indicating a potential upside of 5.75%. Given Arrow Financial's higher possible upside, analysts clearly believe Arrow Financial is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Arrow Financial
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Hanover Bancorp
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Arrow Financial has higher revenue and earnings than Hanover Bancorp. Arrow 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
Arrow Financial$175.20M4.04$43.95M$3.1012.32
Hanover Bancorp$143.32M1.33$7.49M$1.2721.22

46.7% of Arrow Financial shares are owned by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are owned by institutional investors. 3.5% of Arrow Financial shares are owned by company insiders. Comparatively, 24.4% of Hanover Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Arrow Financial has a net margin of 20.56% compared to Hanover Bancorp's net margin of 6.71%. Arrow Financial's return on equity of 12.13% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Arrow Financial20.56% 12.13% 1.17%
Hanover Bancorp 6.71%6.00%0.50%

Arrow Financial has a beta of 0.76, suggesting that its stock price is 24% 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.

Arrow Financial pays an annual dividend of $1.20 per share and has a dividend yield of 3.1%. Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Arrow Financial pays out 38.7% 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. Arrow Financial has raised its dividend for 7 consecutive years. Arrow Financial is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Arrow Financial beats Hanover Bancorp on 13 of the 18 factors compared between the two stocks.

How does Hanover Bancorp compare to Community West Bancshares?

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

Community West Bancshares has higher revenue and earnings than Hanover Bancorp. Community West 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$143.32M1.33$7.49M$1.2721.22
Community West Bancshares$196.20M3.60$38.17M$1.8514.05

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Community West Bancshares pays an annual dividend of $0.48 per share and has a dividend yield of 1.8%. Hanover Bancorp pays out 31.5% of its earnings in the form of a dividend. Community West Bancshares pays out 25.9% 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. Community West Bancshares is clearly the better dividend stock, given its higher yield and lower payout ratio.

Community West Bancshares has a net margin of 16.86% compared to Hanover Bancorp's net margin of 6.71%. Community West Bancshares' return on equity of 10.12% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp6.71% 6.00% 0.50%
Community West Bancshares 16.86%10.12%1.16%

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 33.8% of Community West Bancshares shares are held by institutional investors. 24.4% of Hanover Bancorp shares are held by insiders. Comparatively, 9.0% of Community West Bancshares 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.

Hanover Bancorp presently has a consensus price target of $28.50, suggesting a potential upside of 5.75%. Community West Bancshares has a consensus price target of $28.17, suggesting a potential upside of 8.33%. Given Community West Bancshares' higher probable upside, analysts clearly believe Community West 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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Community West 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 0.09, meaning that its share price is 91% less volatile than the broader market. Comparatively, Community West Bancshares has a beta of 0.8, meaning that its share price is 20% less volatile than the broader market.

In the previous week, Community West Bancshares had 1 more articles in the media than Hanover Bancorp. MarketBeat recorded 3 mentions for Community West Bancshares and 2 mentions for Hanover Bancorp. Community West Bancshares' average media sentiment score of 1.00 beat Hanover Bancorp's score of 0.00 indicating that Community West Bancshares is being referred to more favorably in the news media.

Company Overall Sentiment
Hanover Bancorp Neutral
Community West Bancshares Positive

Summary

Community West Bancshares beats Hanover Bancorp on 15 of the 18 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$192.40M$23.56B$14.05B$12.72B
Dividend Yield1.47%3.19%5.89%11.02%
P/E Ratio21.2227.4026.5924.14
Price / Sales1.339.38522.92101.63
Price / Cash13.7516.0638.5053.12
Price / Book0.961.362.206.25
Net Income$7.49M$2.58B$1.31B$347.86M
7 Day Performance-0.33%0.35%1.44%0.98%
1 Month Performance7.76%1.53%3.00%5.24%
1 Year Performance21.34%23.00%11.50%17.04%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HNVR
Hanover Bancorp
4.5888 of 5 stars
$26.95
-1.2%
$28.50
+5.8%
+21.2%$192.40M$143.32M21.22160
WASH
Washington Trust Bancorp
3.5231 of 5 stars
$39.19
-2.4%
$35.50
-9.4%
+34.0%$747.35M$393.95M13.61650
TCBX
Third Coast Bancshares
2.0375 of 5 stars
$44.74
-2.0%
$46.00
+2.8%
+15.1%$742.33M$234.99M13.68330
CCB
Coastal Financial
4.6187 of 5 stars
$47.49
-4.1%
$91.33
+92.3%
-58.0%$726.12M$661.22MN/A380
AROW
Arrow Financial
4.2987 of 5 stars
$38.18
-2.1%
$40.83
+6.9%
+30.2%$707.09M$242.58M12.32510

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This page (NASDAQ:HNVR) was last updated on 8/26/2026 by MarketBeat.com Staff.
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