Hanover Bancorp, Inc. (HNVR)
Hanover Bancorp, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Mineola, NY, US. The stock last traded at $27.43, up 0.86% on the session, giving a market capitalisation of $196.3M. On trailing twelve-month figures it carries a trailing P/E of 21.53, a net margin of 7.1%. Its beta of 0.11 implies it has historically moved less than the broad market.
Hanover Bancorp, Inc. functions as the parent entity for Hanover Community Bank, providing a comprehensive range of financial products and services. These offerings serve individuals, municipalities, and small to mid-sized businesses across the New York metropolitan area. The bank's extensive portfolio includes various deposit options such as checking, savings, money market, NOW, and individual retirement accounts, alongside certificates of deposit and time deposits, as well as card services. For lending needs, it offers residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, Small Business Administration (SBA) loans, home equity financing, multi-family property loans, general business loans, bridge loans, and other personal purpose loans. Branch locations are established in Manhattan, Brooklyn, Queens, and Nassau County, New York, with its administrative hub situated in Suffolk County, New York. Established in 2008, Hanover Bancorp, Inc. maintains its headquarters in Mineola, New York.
Hanover Bancorp, Inc. is most often compared with the following Financial Services names: