Hanover Bancorp (HNVR) to Release Earnings on Wednesday

Hanover Bancorp (NASDAQ:HNVR) is expected to release its Q3 2025 results before the market opens on Wednesday, October 22nd. Analysts expect Hanover Bancorp to post earnings of $0.49 per share and revenue of $18.90 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Wednesday, October 29, 2025 at 4:00 PM ET.

Hanover Bancorp (NASDAQ:HNVR) last announced its quarterly earnings results on Thursday, September 4th. The company reported $0.33 EPS for the quarter. Hanover Bancorp had a net margin of 7.73% and a return on equity of 7.40%. The firm had revenue of $18.36 million during the quarter. On average, analysts expect Hanover Bancorp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Hanover Bancorp Stock Performance

Shares of HNVR stock opened at $20.84 on Tuesday. The company has a 50 day moving average price of $22.24 and a 200-day moving average price of $22.07. Hanover Bancorp has a 52 week low of $17.86 and a 52 week high of $27.14. The firm has a market capitalization of $150.46 million, a PE ratio of 13.62 and a beta of 0.07. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.13.

Hanover Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 13th. Stockholders of record on Wednesday, August 6th were paid a $0.10 dividend. The ex-dividend date was Wednesday, August 6th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.9%. Hanover Bancorp’s payout ratio is currently 26.14%.

Hedge Funds Weigh In On Hanover Bancorp

Several large investors have recently added to or reduced their stakes in HNVR. Geode Capital Management LLC lifted its holdings in Hanover Bancorp by 117.7% during the second quarter. Geode Capital Management LLC now owns 105,721 shares of the company’s stock valued at $2,294,000 after purchasing an additional 57,166 shares in the last quarter. Corient Private Wealth LLC purchased a new position in Hanover Bancorp during the second quarter valued at approximately $572,000. Jane Street Group LLC lifted its holdings in Hanover Bancorp by 97.5% during the first quarter. Jane Street Group LLC now owns 21,292 shares of the company’s stock valued at $467,000 after purchasing an additional 10,511 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Hanover Bancorp by 298.4% during the first quarter. Acadian Asset Management LLC now owns 9,398 shares of the company’s stock valued at $205,000 after purchasing an additional 7,039 shares in the last quarter. Finally, New York State Common Retirement Fund purchased a new position in Hanover Bancorp during the second quarter valued at approximately $108,000. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HNVR. Zacks Research upgraded shares of Hanover Bancorp from a “strong sell” rating to a “hold” rating in a research note on Monday, September 22nd. Hovde Group initiated coverage on shares of Hanover Bancorp in a research report on Wednesday, August 13th. They set a “market perform” rating and a $24.00 target price for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Hanover Bancorp in a research report on Wednesday, October 8th. Stephens cut their target price on shares of Hanover Bancorp from $23.50 to $22.50 and set an “equal weight” rating for the company in a research report on Tuesday, July 29th. Finally, Piper Sandler cut their target price on shares of Hanover Bancorp from $27.00 to $25.00 and set an “overweight” rating for the company in a research report on Thursday, July 24th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $23.83.

About Hanover Bancorp

Hanover Bancorp, Inc, a bank holding company for Hanover Community Bank, provides personal and business lending and deposit services to businesses, municipalities, and individuals in the New York metro area. The company offers checking, credit cards, debit cards, money market, savings, government and municipal banking, and professional services, as well as time deposits, including certificate of deposit and individual retirement accounts.