Hanover Bancorp, Inc.

Hanover Bancorp, Inc.

HNVRยทNASDAQ

$22.91

+0.087%
Financial ServicesBanks - Regional

Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals in the New York metro area. The company offers checking, savings, money market, NOW, and individual retirement accounts, as well as certificates of deposits and time deposits; cards; and residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, and small business administration loans, as well as home equity, multi-family, business, bridge, and other personal purpose loans. It operates branch offices located in Manhattan, Brooklyn, Queens, and Nassau County, New York; and administrative office in Suffolk County, New York. The company was founded in 2008 and is headquartered in Mineola, New York.

At a Glance

Live Snapshot
Market Cap$163.96M
EPS1.0000
P/E Ratio22.91
Earnings Date07/22/2026
0.46%
Dividend Yield
5%
3Y-20.0%
5Y-
10Y-
39.67%
Dividend Payout Ratio
-98%
3Y+73.0%
5Y-
10Y-
3Y+5.0%
5Y-
10Y-
Hanover Bancorp, Inc.

Hanover Bancorp, Inc. Dividend History

HNVR ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

HNVR Dividend Payment History

HNVR ยท NASDAQ

Total Payments

17

Latest Dividend

$0.1000

Annual Amount

$0.4000

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 27, 2026
May 11, 2026May 18, 2026
$0.1000
$0.1000
Quarterly0.00%
Jan 29, 2026
Feb 12, 2026Feb 26, 2026
$0.1000
$0.1000
Quarterly0.00%
Oct 30, 2025
Nov 13, 2025Nov 20, 2025
$0.1000
$0.1000
Quarterly0.00%
Jul 23, 2025
Aug 6, 2025Aug 13, 2025
$0.1000
$0.1000
Quarterly0.00%
Apr 23, 2025
May 7, 2025May 14, 2025
$0.1000
$0.1000
Quarterly0.00%
Jan 29, 2025
Feb 12, 2025Feb 19, 2025
$0.1000
$0.1000
Quarterly0.00%
Oct 23, 2024
Nov 6, 2024Nov 13, 2024
$0.1000
$0.1000
Quarterly0.00%
Jul 24, 2024
Aug 7, 2024Aug 14, 2024
$0.1000
$0.1000
Quarterly0.00%
Apr 17, 2024
May 8, 2024May 15, 2024
$0.1000
$0.1000
Quarterly0.00%
Jan 24, 2024
Feb 7, 2024Feb 14, 2024
$0.1000
$0.1000
Quarterly0.00%
Oct 26, 2023
Nov 8, 2023Nov 15, 2023
$0.1000
$0.1000
Quarterly0.00%
Jul 27, 2023
Aug 9, 2023Aug 16, 2023
$0.1000
$0.1000
Quarterly0.00%
Apr 27, 2023
May 10, 2023May 17, 2023
$0.1000
$0.1000
Quarterly0.00%
Jan 25, 2023
Feb 7, 2023Feb 14, 2023
$0.1000
$0.1000
Quarterly0.00%
Oct 26, 2022
Nov 8, 2022Nov 15, 2022
$0.1000
$0.1000
Quarterly0.00%
Jul 27, 2022
Aug 9, 2022Aug 16, 2022
$0.1000
$0.1000
Quarterly0.00%
Jun 1, 2022
Jun 21, 2022Jun 28, 2022
$0.1000
$0.1000
Quarterly-
hnvr

Hanover Bancorp, Inc. Payout Ratio Analysis

HNVR ยท NASDAQ
Dividends Paid
-3.01M
2025
Net Income
7.49M
2025
Payout Ratio
40.18%
2025

Dividend Sustainability Analysis

Payout Ratio
40.18%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
23.1%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-1.7%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.