HNVR - NASDAQ

Hanover Bancorp, Inc.

HNVR·NASDAQ

$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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$163.96M

EPS1.0000

P/E Ratio22.91

Earnings Date07/22/2026

2.38B

Assets

3Y+30.0%

5Y+180.0%

10Y+558.0%

2.18B

Total Liabilities

3Y+31.0%

5Y+182.0%

10Y+3515.0%

200.27M

Total Equity

3Y+16.0%

5Y+157.0%

10Y+525.0%

Hanover Bancorp, Inc. Funding & Solvency Profile

HNVR · NASDAQ

Current Assets

Cash & Cash Equivalents208.90M

Net Receivables11.78M

Inventory0.00

Other Current Assets0.00

Total Current Assets261 M

Non-Current Assets

Property, Plant & Equipment14.31M

Goodwill & Intangible Assets25.68M

Long-Term Investments2.05B

Other Non-Current Assets30.14M

Total Non-Current Assets2 B

Total Assets

2.38B

Financial Health Analysis

Current Ratio

0.13x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

10.90x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-1769270000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

11% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Hanover Bancorp, Inc. Balance Sheet

HNVR • NASDAQ

Hanover Bancorp, Inc. Balance Sheet	Dec 2025	Dec 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	208.9M	162.9M	176.7M	149.5M	151.3M	80.2M	87.8M	57.1M	35M	27.9M
Short-Term Investments	36.9M	83.8M	61.4M	12.3M	7.7M	6M	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	245.8M	246.6M	238.1M	161.8M	159M	86.2M	87.8M	57.1M	35M	27.9M
Net Receivables	11.8M	11.8M	11.9M	8.5M	9.4M	6.8M	0.0	0.0	0.0	0.0
Accounts Receivables	11.8M	11.8M	11.9M	8.5M	9.4M	6.8M	0.0	0.0	0.0	0.0
Prepaids	3.2M	3.4M	3.5M	3.4M	4.2M	0.0	0.0	0.0	0.0	0.0
Total Current Assets	260.9M	261.8M	253.5M	173.8M	172.6M	93M	95.5M	57.1M	35M	27.9M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	14.3M	15.3M	15.9M	14.5M	15M	14.2M	14.4M	13.8M	0.0	0.0
Goodwill	19.2M	19.2M	19.2M	19.2M	19.2M	1.9M	1.5M	0.0	0.0	0.0
Intangible Assets	6.5M	6.3M	5M	4.8M	4.2M	177K	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	25.7M	25.4M	24.1M	23.9M	23.3M	2.1M	1.5M	0.0	0.0	0.0
Long-Term Investments	2.1B	2B	2B	1.6B	1.2B	16.8M	65.7M	0.0	0.0	0.0
Tax Assets	0.0	1.6M	2.5M	2.5M	3.6M	0.0	661.6M	0.0	0.0	0.0
Other Non-Current Assets	30.1M	29M	23.6M	10.3M	23M	-33M	10.1M	579M	466.4M	334.4M
Total Non-Current Assets	2.1B	2.1B	2B	1.7B	1.3B	33M	753.3M	592.9M	466.4M	334.4M
Other Assets	0.0	0.0	0.0	0.0	0.0	725.6M	0.0	0.0	0.0	0.0
Total Assets	2.4B	2.3B	2.3B	1.8B	1.5B	851.6M	848.8M	650M	501.4M	362.3M
LIABILITIES
CURRENT LIABILITIES
Total Payables	1.7M	1.5M	1.7M	915K	1.3M	374K	0.0	0.0	0.0	0.0
Accounts Payable	1.7M	1.5M	1.7M	915K	1.3M	374K	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	0.0	0.0	0.0	0.0	0.0	531K	0.0	0.0	0.0
Other Current Liabilities	2B	2B	1.9B	1.5B	1.2B	-374K	-531K	0.0	0.0	0.0
Total Current Liabilities	2B	2B	1.9B	1.5B	1.2B	374K	225.8M	0.0	0.0	0.0
NON-CURRENT LIABILITIES
Long Term Debt	125.5M	132.5M	153.6M	126.3M	184.2M	100.1M	115.7M	124.5M	82.4M	60.4M
Other Non-Current Liabilities	16.7M	18.1M	14.9M	12.1M	12M	-100.1M	435.4M	0.0	0.0	0.0
Total Non-Current Liabilities	152.7M	159.7M	178.9M	138.5M	196.2M	100.1M	551.1M	124.5M	82.4M	60.4M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	673.1M	0.0	0.0	0.0	0.0
Capital Lease Obligations	10.6M	9M	10.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	2.2B	2.1B	2.1B	1.7B	1.4B	773.6M	776.9M	124.5M	82.4M	60.4M
SHAREHOLDERS' EQUITY
Preferred Stock	5M	5M	3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	71K	72K	72K	73K	56K	42K	42K	54.2M	41.8M	32.1M
Additional Paid-In Capital	123.4M	124.9M	125.7M	126.7M	97.2M	63.7M	62.7M	0.0	0.0	0.0
Retained Earnings	72.4M	67.9M	58.6M	46.5M	25M	14.1M	9.1M	0.0	0.0	0.0
Accumulated Other Comprehensive Income/Loss	-680K	-1.3M	-2.5M	-620K	256K	156K	22K	0.0	0.0	0.0
Total Stockholders' Equity	200.3M	196.6M	184.8M	172.6M	122.5M	78M	72M	54.2M	41.8M	32.1M
Total Equity	200.3M	196.6M	184.8M	172.6M	122.5M	78M	72M	54.2M	41.8M	32.1M
SUMMARY
Total Liabilities & Equity	2.4B	2.3B	2.3B	1.8B	1.5B	851.6M	848.8M	178.7M	124.1M	92.4M
Total Investments	2.1B	2.1B	2B	1.6B	1.3B	22.8M	65.7M	0.0	0.0	0.0
Total Debt	136M	141.5M	164M	126.3M	184.2M	100.1M	115.7M	124.5M	82.4M	60.4M
Net Debt	-72.9M	-21.3M	-12.6M	-23.2M	32.9M	19.9M	27.9M	67.4M	47.4M	32.5M
Shares Outstanding	7,215,194	7,215,194	7,215,194	7,215,194	7,215,194	7,215,194	7,215,194	7,215,194	7,215,194	7,215,194

SEC Filings

HNVR - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 01, 2026	May 28, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 27, 2026	April 27, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 23, 2026	May 28, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 13, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 12, 2026	March 12, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 19, 2026	February 12, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 29, 2026	January 29, 2026	2026	View Filing
8-K 8-K 2025 N/A	November 12, 2025	November 11, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 07, 2025	September 30, 2025	2025	View Filing

Showing 1 to 10 of 85 filings

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