Hanover Bancorp (HNVR) Expected to Release Quarterly Earnings on Wednesday

Hanover Bancorp (NASDAQ:HNVR) is anticipated to release its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $0.5850 per share and revenue of $20.00 million for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Friday, October 30, 2026 at 4:00 PM ET.

Hanover Bancorp (NASDAQ:HNVR) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. Hanover Bancorp had a net margin of 6.71% and a return on equity of 6.00%. The business had revenue of $19.57 million for the quarter, compared to analyst estimates of $19.83 million. On average, analysts expect Hanover Bancorp to post $2.39 EPS for the current fiscal year and $3.05 EPS for the next fiscal year.

Hanover Bancorp Stock Up 0.5%

Shares of NASDAQ:HNVR opened at $23.86 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.03 and a quick ratio of 1.03. Hanover Bancorp has a 1 year low of $19.91 and a 1 year high of $27.94. The company has a market cap of $168.45 million, a PE ratio of 18.79 and a beta of 0.11. The stock’s 50-day moving average is $26.27 and its 200 day moving average is $24.59.

Hanover Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, August 6th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, August 6th. Hanover Bancorp’s dividend payout ratio is currently 31.50%.

Insider Buying and Selling at Hanover Bancorp

In other news, President Kevin O’Connor bought 10,000 shares of Hanover Bancorp stock in a transaction on Thursday, July 30th. The shares were purchased at an average price of $26.88 per share, for a total transaction of $268,800.00. Following the acquisition, the president owned 12,300 shares of the company’s stock, valued at approximately $330,624. The trade was a 434.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 24.38% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on HNVR shares. Weiss Ratings upgraded shares of Hanover Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Zacks Research upgraded shares of Hanover Bancorp from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. Wall Street Zen raised shares of Hanover Bancorp from a “hold” rating to a “buy” rating in a research report on Monday, October 5th. Piper Sandler raised their target price on shares of Hanover Bancorp from $26.50 to $28.50 and gave the stock an “overweight” rating in a research report on Monday, July 27th. Finally, Raymond James Financial initiated coverage on shares of Hanover Bancorp in a research note on Wednesday, August 26th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $28.50.

Hanover Bancorp Company Profile

Hanover Bancorp, Inc was the holding company for Hanover Community Bank, a community-focused financial institution headquartered in Mineola, New York. The bank served individuals, small businesses and commercial customers in the New York metropolitan area, with a presence across Long Island and New York City.

Hanover Community Bank offered a range of banking products, including deposit accounts, residential and commercial real estate lending, multifamily loans, commercial and industrial financing, small-business loans, consumer lending and mortgage services.