HNVR vs. MNSB, UNB, CFFI, RMBI, FCCO, FRAF, OVBC, FINW, PWOD, and CBFV
Should you be buying Hanover Bancorp stock or one of its competitors? The main competitors of Hanover Bancorp include MainStreet Bancshares (MNSB), Union Bankshares (UNB), C&F Financial (CFFI), Richmond Mutual Bancorporation (RMBI), First Community (FCCO), Franklin Financial Services (FRAF), Ohio Valley Banc (OVBC), FinWise Bancorp (FINW), Penns Woods Bancorp (PWOD), and CB Financial Services (CBFV). These companies are all part of the "state commercial banks" industry.
Hanover Bancorp (NASDAQ:HNVR) and MainStreet Bancshares (NASDAQ:MNSB) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, risk, profitability, dividends, institutional ownership, valuation, analyst recommendations, earnings and media sentiment.
Hanover Bancorp presently has a consensus target price of $21.00, indicating a potential upside of 27.66%. MainStreet Bancshares has a consensus target price of $24.00, indicating a potential upside of 50.94%. Given MainStreet Bancshares' higher probable upside, analysts clearly believe MainStreet Bancshares is more favorable than Hanover Bancorp.
15.0% of Hanover Bancorp shares are owned by institutional investors. Comparatively, 52.3% of MainStreet Bancshares shares are owned by institutional investors. 24.8% of Hanover Bancorp shares are owned by company insiders. Comparatively, 9.2% of MainStreet Bancshares shares are owned 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.
MainStreet Bancshares received 5 more outperform votes than Hanover Bancorp when rated by MarketBeat users. However, 60.00% of users gave Hanover Bancorp an outperform vote while only 44.44% of users gave MainStreet Bancshares an outperform vote.
Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 2.4%. MainStreet Bancshares pays an annual dividend of $0.40 per share and has a dividend yield of 2.5%. Hanover Bancorp pays out 20.4% of its earnings in the form of a dividend. MainStreet Bancshares pays out 15.4% 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. MainStreet Bancshares is clearly the better dividend stock, given its higher yield and lower payout ratio.
In the previous week, Hanover Bancorp and Hanover Bancorp both had 11 articles in the media. Hanover Bancorp's average media sentiment score of 0.96 beat MainStreet Bancshares' score of 0.77 indicating that Hanover Bancorp is being referred to more favorably in the media.
MainStreet Bancshares has a net margin of 16.55% compared to Hanover Bancorp's net margin of 10.82%. MainStreet Bancshares' return on equity of 11.56% beat Hanover Bancorp's return on equity.
MainStreet Bancshares has higher revenue and earnings than Hanover Bancorp. MainStreet 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.
Hanover Bancorp has a beta of -0.14, indicating that its share price is 114% less volatile than the S&P 500. Comparatively, MainStreet Bancshares has a beta of 0.45, indicating that its share price is 55% less volatile than the S&P 500.
Summary
MainStreet Bancshares beats Hanover Bancorp on 12 of the 19 factors compared between the two stocks.
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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.
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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