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Hanover Bancorp (HNVR) Competitors

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$22.91 -0.20 (-0.87%)
Closing price 04:00 PM Eastern
Extended Trading
$22.90 -0.01 (-0.04%)
As of 04:10 PM Eastern
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HNVR vs. CWBC, TCBX, BCAL, NPB, and RRBI

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 Community West Bancshares (CWBC), Third Coast Bancshares (TCBX), California BanCorp (BCAL), Northpointe Bancshares (NPB), and Red River Bancshares (RRBI). These companies are all part of the "banking" industry.

How does Hanover Bancorp compare to Community West Bancshares?

Community West Bancshares (NASDAQ:CWBC) and Hanover Bancorp (NASDAQ:HNVR) are both small-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, media sentiment, dividends, institutional ownership, risk, valuation, analyst recommendations 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
Community West Bancshares$196.20M3.27$38.17M$2.1610.94
Hanover Bancorp$143.32M1.14$7.49M$1.0521.82

Community West Bancshares pays an annual dividend of $0.48 per share and has a dividend yield of 2.0%. Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.7%. Community West Bancshares pays out 22.2% 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. 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 20.77% compared to Hanover Bancorp's net margin of 5.53%. Community West Bancshares' return on equity of 10.44% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Community West Bancshares20.77% 10.44% 1.15%
Hanover Bancorp 5.53%5.09%0.42%

Community West Bancshares has a beta of 0.82, meaning that its share price is 18% less volatile than the broader market. Comparatively, Hanover Bancorp has a beta of 0.11, meaning that its share price is 89% less volatile than the broader market.

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

Community West Bancshares currently has a consensus price target of $28.17, indicating a potential upside of 19.25%. Hanover Bancorp has a consensus price target of $24.33, indicating a potential upside of 6.21%. Given Community West Bancshares' stronger consensus rating and higher probable upside, equities research analysts clearly believe Community West Bancshares is more favorable than Hanover Bancorp.

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

In the previous week, Community West Bancshares had 3 more articles in the media than Hanover Bancorp. MarketBeat recorded 7 mentions for Community West Bancshares and 4 mentions for Hanover Bancorp. Hanover Bancorp's average media sentiment score of 0.66 beat Community West Bancshares' score of 0.55 indicating that Hanover Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Community West Bancshares
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hanover Bancorp
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Community West Bancshares beats Hanover Bancorp on 15 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 business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, media sentiment, valuation, profitability and analyst recommendations.

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$1.0521.82
Third Coast Bancshares$219.24M2.85$47.67M$3.899.69

Hanover Bancorp has a beta of 0.11, indicating that its stock price is 89% less volatile than the broader market. Comparatively, Third Coast Bancshares has a beta of 0.33, indicating that its stock 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 44.8%. 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 endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Hanover Bancorp had 3 more articles in the media than Third Coast Bancshares. MarketBeat recorded 4 mentions for Hanover Bancorp and 1 mentions for Third Coast Bancshares. Hanover Bancorp's average media sentiment score of 0.66 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
1 Very Positive mention(s)
0 Positive mention(s)
1 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)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Hanover Bancorp presently has a consensus target price of $24.33, suggesting a potential upside of 6.21%. Third Coast Bancshares has a consensus target price of $45.00, suggesting a potential upside of 19.42%. Given Third Coast Bancshares' stronger consensus rating and higher probable 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 13 of the 18 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 superior stock? We will compare the two companies based on the strength of their earnings, dividends, profitability, analyst recommendations, valuation, risk, institutional ownership and media sentiment.

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

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%

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 1.7%. 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 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$1.0521.82

California BanCorp currently has a consensus price target of $20.67, indicating a potential upside of 10.81%. Hanover Bancorp has a consensus price target of $24.33, indicating a potential upside of 6.21%. 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
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 insiders. Comparatively, 24.4% 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 will outperform the market over the long term.

In the previous week, Hanover Bancorp had 1 more articles in the media than California BanCorp. MarketBeat recorded 4 mentions for Hanover Bancorp and 3 mentions for California BanCorp. California BanCorp's average media sentiment score of 0.96 beat Hanover Bancorp's score of 0.66 indicating that California BanCorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
California BanCorp
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hanover Bancorp
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

California BanCorp beats Hanover Bancorp on 16 of the 19 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 superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, media sentiment, earnings, risk and valuation.

Hanover Bancorp currently has a consensus target price of $24.33, indicating a potential upside of 6.21%. Northpointe Bancshares has a consensus target price of $19.83, indicating a potential upside of 17.21%. Given Northpointe Bancshares' higher probable upside, analysts plainly 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

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$143.32M1.14$7.49M$1.0521.82
Northpointe Bancshares$471.18M1.24$83.41M$2.227.62

In the previous week, Hanover Bancorp had 4 more articles in the media than Northpointe Bancshares. MarketBeat recorded 4 mentions for Hanover Bancorp and 0 mentions for Northpointe Bancshares. Hanover Bancorp's average media sentiment score of 0.66 beat Northpointe Bancshares' score of 0.00 indicating that Hanover Bancorp is being referred to more favorably in the media.

Company Overall Sentiment
Hanover Bancorp Positive
Northpointe Bancshares Neutral

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 0.6%. 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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

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%

Summary

Northpointe Bancshares beats Hanover Bancorp on 10 of the 16 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 better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, analyst recommendations, risk, profitability, valuation, earnings and dividends.

In the previous week, Red River Bancshares had 1 more articles in the media than Hanover Bancorp. MarketBeat recorded 5 mentions for Red River Bancshares and 4 mentions for Hanover Bancorp. Red River Bancshares' average media sentiment score of 0.67 beat Hanover Bancorp's score of 0.66 indicating that Red River Bancshares is being referred to more favorably in the media.

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

Red River Bancshares has a beta of 0.41, suggesting that its stock price is 59% less 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.

Red River Bancshares pays an annual dividend of $1.00 per share and has a dividend yield of 1.1%. Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 1.7%. 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 increased its dividend for 3 consecutive years.

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$169.85M3.48$42.76M$6.6813.43
Hanover Bancorp$143.32M1.14$7.49M$1.0521.82

27.6% of Red River Bancshares shares are held by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are held by institutional investors. 16.6% of Red River Bancshares shares are held by insiders. Comparatively, 24.4% of Hanover Bancorp shares are held 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.

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 presently has a consensus price target of $80.50, indicating a potential downside of 10.30%. Hanover Bancorp has a consensus price target of $24.33, indicating a potential upside of 6.21%. Given Hanover Bancorp's higher probable 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
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Red River Bancshares beats Hanover Bancorp on 14 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$165.39M$1.10B$13.57B$12.54B
Dividend Yield1.73%2.67%5.76%5.22%
P/E Ratio21.8218.3119.7024.18
Price / Sales1.142.25141.24112.26
Price / Cash11.6524.2219.8757.13
Price / Book0.841.162.176.72
Net Income$7.49M$75.93M$1.13B$337.19M
7 Day Performance-1.88%-1.41%-0.69%0.48%
1 Month Performance-2.76%-0.17%-0.44%5.07%
1 Year Performance2.92%24.39%11.16%34.25%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HNVR
Hanover Bancorp
2.9839 of 5 stars
$22.91
-0.9%
$24.33
+6.2%
+3.6%$165.39M$143.32M21.82160
CWBC
Community West Bancshares
4.8344 of 5 stars
$24.27
+1.1%
$28.17
+16.1%
+37.4%$658.45M$196.20M11.24253
TCBX
Third Coast Bancshares
2.5176 of 5 stars
$38.54
+0.1%
$45.00
+16.7%
+23.8%$638.46M$219.24M11.77330
BCAL
California BanCorp
3.8514 of 5 stars
$19.00
-1.0%
$20.67
+8.8%
+30.6%$611.20M$237.07M10.38204
NPB
Northpointe Bancshares
4.0412 of 5 stars
$17.51
-0.6%
$19.83
+13.3%
+34.5%$605.50M$471.18M7.89541

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This page (NASDAQ:HNVR) was last updated on 6/3/2026 by MarketBeat.com Staff.
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