HNVR - NASDAQ
Hanover Bancorp, Inc.
$22.91
+0.087%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 SnapshotHanover Bancorp, Inc. Management Team
Mr. Michael P. Puorro CPA
Chief Executive Officer & Chairman
Compensation
$935,413
Mr. Kevin Corbett
Executive Vice President & Chief Credit Officer
Compensation
$402,958
Mr. Lance P. Burke
Executive Vice President & Chief Financial Officer
Mr. Joseph F. Burns
Executive Vice President & Chief Lending Officer
Compensation
$559,162
Mr. Michael P. Locorriere
Executive Vice President & Chief Municipal Officer
Ms. Lisa A. Diiorio
First Senior Vice President & Chief Accounting Officer
Mr. Ray Sanchez
First Senior Vice President & Chief Information Officer
Mr. John P. Vivona
First Senior Vice President & Chief Risk Officer
Mr. McClelland W. Wilcox
President & Chief Revenue Officer
Compensation
$687,348
Ms. Lisa Kotliar
Senior Vice President & Director of Human Resources
Hanover Bancorp, Inc. Insider Positioning
During the last 12 months, insiders have sold $287K worth of HNVR shares, with no buying activity reported.
3 Months
0
0.00
6.1K
141.13K
-141K
-$141K
3-6 Months
0
0.00
1.2K
28.27K
-28K
-$28K
6-9 Months
0
0.00
5.0K
106.25K
-106K
-$106K
9-12 Months
0
0.00
540
11.24K
-11K
-$11K
Top Buyers
No buying activity
Top Sellers
Golden Robert
Director
$276K
Burke Lance P
Officer: Evp & Chief Financial Officer
$11K
Insider Activity Analysis
Net Insider Sentiment
Strong bearish signal with $287K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.
Buy/Sell Ratio
Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.
Recent Trend (3 Months)
Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.
Insider Participation
2 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.
Insider Activity Insight
Persistent selling pressure: Consistent insider selling with weak buy/sell ratio suggests insiders may be capitalizing on current valuation. Exercise caution and review recent earnings quality and management commentary.
SEC Filings
HNVR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
DEF 14A DEF 14A 2026 N/A | April 23, 2026 | May 28, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | March 26, 2025 | April 30, 2025 | 2025 | |
DEF 14A DEF 14A 2024 N/A | February 09, 2024 | March 05, 2024 | 2024 | |
DEF 14A DEF 14A 2023 N/A | January 27, 2023 | February 21, 2023 | 2023 |
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.