Obermatt

Hanover Bancorp

NSQ:HNVR · US4107091096
BanksSmall

360

11
Profit price11
Cash yield45
Price/Sales85
EV / Gross Profit76
Price/Book91
Returns on capital30
Profit margins
Cash Conversion49
Accruals53
Owner Earnings Margin17
Sales growth55
Profit Growth4
Owner Earnings Growth14
Reinvestment16
Price momentum14
Debt load80
Debt serviceability34
Liquidity8
Analyst ratings1
Opinion Changes50
Price Target Upside24
Market mood43
Value Creation7/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Hanover Bancorp clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryUSA
IndustryBanks
SizeSmall
TypePublic Company
ExchangeNASDAQGS
Founded2015
Employees165
ISINUS4107091096
Last UpdateApr 2, 2026

Description

Hanover Bancorp, Inc. operates as the holding company for Hanover Community Bank (the ‘bank’) that focuses on highly personalized and efficient services and products responsive to local needs. The company opened the bank’s Hauppauge Business Banking…

Analysis

Weak and unloved

Hanover Bancorp, Inc. scores below average on quality and is priced accordingly, a low-conviction position in either direction.

On valuation, the picture is fair. The owner-earnings multiple stands at 18.8×; owner earnings: the cash an owner could take out each year.

Growth is solid; the safety picture is adequate. The company scores 7/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
13
2026

All-time high

16

Mar 2026

All-time low

13

Jun 2026

Average rank

15

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
85
Price/Earnings
83
Price/Book
91
Dividend Yield
45
Value (overall)
90

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →