Hanover Financial Statements From 2010 to 2026

HNVR Stock  USD 22.80  0.30  1.33%   
Hanover Bancorp's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Hanover Bancorp's valuation are provided below:
Gross Profit
68 M
Profit Margin
0.1669
Market Capitalization
164.5 M
Enterprise Value Revenue
4.2018
Revenue
68 M
There are over one hundred nineteen available fundamental trends for Hanover Bancorp, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to confirm Hanover Bancorp's regular fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 01/10/2026, Market Cap is likely to drop to about 81.9 M. In addition to that, Enterprise Value is likely to drop to about 99.3 M

Hanover Bancorp Total Revenue

179.15 Million

Check Hanover Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hanover Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.7 M, Selling General Administrative of 32.6 M or Selling And Marketing Expenses of 32.6 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0212 or PTB Ratio of 1.2. Hanover financial statements analysis is a perfect complement when working with Hanover Bancorp Valuation or Volatility modules.
  
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Hanover Bancorp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.3 B2.7 B1.1 B
Slightly volatile
Short and Long Term Debt Total140.6 M162.7 M111.6 M
Slightly volatile
Total Stockholder Equity116.8 M226.1 M97.4 M
Slightly volatile
Cash115.4 M187.3 M91.1 M
Slightly volatile
Non Current Assets Total2.5 B2.4 B886.3 M
Slightly volatile
Cash And Short Term Investments122.6 M224.3 M99.1 M
Slightly volatile
Common Stock Shares Outstanding5.2 M8.5 M4.5 M
Slightly volatile
Liabilities And Stockholders Equity2.8 B2.7 B1.1 B
Slightly volatile
Non Current Liabilities Total174.4 M183.6 M238 M
Slightly volatile
Total Liabilities2.6 B2.4 B960.6 M
Slightly volatile
Total Current Assets153.1 M241.8 M117.5 M
Slightly volatile
Common Stock61.6 K64.8 K17 M
Slightly volatile
Total Current Liabilities2.4 B2.2 B802.1 M
Slightly volatile
Other Liabilities10.7 M15 M8.8 M
Slightly volatile
Net Tangible Assets100.6 M176.4 M92.6 M
Slightly volatile
Property Plant And Equipment Net17.8 M17.6 M15.4 M
Slightly volatile
Accounts Payable1.3 M1.4 M258.2 M
Slightly volatile
Other Current Assets3.7 M3.9 M36.1 M
Pretty Stable
Property Plant Equipment15.8 M16.6 M14.4 M
Slightly volatile
Retained Earnings40.6 M78.1 M28.3 M
Slightly volatile
Good Will14.7 M22 M8.7 M
Slightly volatile
Other Stockholder Equity110.1 M143.7 M87.1 M
Slightly volatile
Long Term Debt164.5 M152.4 M123.4 M
Slightly volatile
Net Receivables10.4 M13.6 M8.5 M
Slightly volatile
Short Term Investments38.8 M37 M13.6 M
Slightly volatile
Net Invested Capital250.7 M372.7 M217.1 M
Slightly volatile
Long Term Investments105.7 M100.6 M35.1 M
Slightly volatile
Property Plant And Equipment Gross24.6 M29.2 M21.2 M
Slightly volatile
Capital Stock6.2 M5.9 M1.5 M
Slightly volatile
Intangible Assets4.4 M7.2 M2.3 M
Slightly volatile
Short Term Debt55.7 M80.5 M34 M
Slightly volatile
Common Stock Total Equity58.4 K65.7 K71.7 K
Slightly volatile
Retained Earnings Total Equity37.2 M41.8 M45.7 M
Slightly volatile
Long Term Debt Total19.7 M22.1 M24.1 M
Slightly volatile
Capital Surpluse101.3 M114 M124.4 M
Slightly volatile
Non Current Liabilities Other9.7 M10.9 M11.9 M
Slightly volatile
Capital Lease ObligationsM8.1 M10.3 M
Slightly volatile

Hanover Bancorp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative32.6 M31.1 M11.7 M
Slightly volatile
Selling And Marketing Expenses32.6 M31.1 M8.6 M
Slightly volatile
Total Revenue179.1 M170.6 M59 M
Slightly volatile
Gross Profit42 M73 M33.5 M
Slightly volatile
Other Operating Expenses159.4 M151.8 M44.2 M
Slightly volatile
Operating Income12.5 M18.8 M9.7 M
Slightly volatile
EBIT12.8 M18.8 M11.3 M
Slightly volatile
Total Operating Expenses56.9 M54.2 M19.3 M
Slightly volatile
Income Before Tax13.5 M18.8 M10.3 M
Slightly volatile
Net Income10.2 M14.2 M7.7 M
Slightly volatile
Income Tax Expense3.3 M4.6 M2.6 M
Slightly volatile
Net Income Applicable To Common Shares28.4 M27.1 M12.4 M
Slightly volatile
Tax Provision4.5 M4.6 M2.6 M
Slightly volatile
Net Interest Income52.3 M61.1 M38.1 M
Slightly volatile
Interest Income87 M153 M66.4 M
Slightly volatile
Net Income From Continuing Ops14.7 M14.2 MM
Slightly volatile
Cost Of Revenue102.5 M97.6 M31.7 M
Slightly volatile
Reconciled Depreciation2.6 M4.4 M2.1 M
Slightly volatile

Hanover Bancorp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Income10.2 M14.2 M7.7 M
Slightly volatile
Other Cashflows From Financing Activities54.5 M57.4 M104 M
Pretty Stable
Depreciation4.6 M4.4 M1.8 M
Slightly volatile
Total Cash From Operating Activities12.1 M6.8 M9.3 M
Pretty Stable
Stock Based Compensation1.3 M1.8 M899.4 K
Slightly volatile
End Period Cash Flow154 M187.3 M120.4 M
Slightly volatile
Begin Period Cash Flow145.6 M203.8 M116.4 M
Slightly volatile
Issuance Of Capital Stock45.9 K48.3 K1.7 M
Pretty Stable
Sale Purchase Of Stock179.9 M344.2 M103.3 M
Slightly volatile
Change Receivables653.6 K735.3 K802.6 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.261.323.3426
Slightly volatile
Dividend Yield0.02120.01990.0182
Slightly volatile
PTB Ratio1.21.01.2654
Slightly volatile
Days Sales Outstanding50.3433.5251.6128
Slightly volatile
Book Value Per Share29.0230.5472.2446
Slightly volatile
Operating Cash Flow Per Share0.680.721.737
Slightly volatile
Stock Based Compensation To Revenue0.01750.01230.013
Slightly volatile
Capex To Depreciation0.370.391.4607
Slightly volatile
PB Ratio1.21.01.2654
Slightly volatile
EV To Sales1.11.165.0332
Slightly volatile
ROIC0.0250.03120.0235
Slightly volatile
Net Income Per Share1.421.51.4339
Slightly volatile
Payables Turnover52.3549.8637.8142
Pretty Stable
Sales General And Administrative To Revenue0.140.160.1466
Slightly volatile
Capex To Revenue0.00950.010.0292
Slightly volatile
Cash Per Share17.5823.718.7427
Slightly volatile
POCF Ratio39.5933.2823.912
Pretty Stable
Interest Coverage0.220.242.5941
Slightly volatile
Payout Ratio0.140.220.1219
Slightly volatile
Capex To Operating Cash Flow0.240.250.2935
Very volatile
Days Payables Outstanding7.27.5813.166
Very volatile
Income Quality0.660.430.8459
Slightly volatile
ROE0.06610.05650.0726
Pretty Stable
EV To Operating Cash Flow46.5629.1227.7529
Pretty Stable
PE Ratio16.5815.918.9755
Slightly volatile
Return On Tangible Assets0.00580.00490.0064
Pretty Stable
Earnings Yield0.07020.06510.0691
Slightly volatile
Intangibles To Total Assets0.00730.00990.0057
Slightly volatile
Current Ratio0.120.107533.0069
Pretty Stable
Tangible Book Value Per Share25.2626.5970.6106
Slightly volatile
Receivables Turnover7.0311.277.6461
Slightly volatile
Graham Number22.8228.4124.1988
Slightly volatile
Shareholders Equity Per Share16.6223.918.5398
Slightly volatile
Debt To Equity1.610.831.5136
Slightly volatile
Capex Per Share0.350.20.3262
Slightly volatile
Revenue Per Share18.9418.039.9187
Slightly volatile
Interest Debt Per Share24.526.9227.7799
Slightly volatile
Debt To Assets0.06690.07040.1272
Slightly volatile
Price Earnings Ratio16.5815.918.9755
Slightly volatile
Operating Cycle50.3433.5251.6128
Slightly volatile
Price Book Value Ratio1.21.01.2654
Slightly volatile
Days Of Payables Outstanding7.27.5813.166
Very volatile
Dividend Payout Ratio0.140.220.1219
Slightly volatile
Price To Operating Cash Flows Ratio39.5933.2823.912
Pretty Stable
Pretax Profit Margin0.120.130.2506
Slightly volatile
Ebt Per Ebit0.991.040.9248
Slightly volatile
Operating Profit Margin0.120.130.2563
Slightly volatile
Effective Tax Rate0.30.280.295
Slightly volatile
Company Equity Multiplier12.7313.5211.6821
Slightly volatile
Long Term Debt To Capitalization0.620.460.5759
Slightly volatile
Total Debt To Capitalization0.630.480.5862
Slightly volatile
Return On Capital Employed0.04340.04140.0187
Slightly volatile
Debt Equity Ratio1.610.831.5136
Slightly volatile
Ebit Per Revenue0.120.130.2563
Slightly volatile
Quick Ratio0.120.107533.0069
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.521.64.1391
Slightly volatile
Net Income Per E B T0.580.680.6956
Slightly volatile
Cash Ratio0.0910.095829.3888
Pretty Stable
Cash Conversion Cycle24.7525.9537.3656
Slightly volatile
Operating Cash Flow Sales Ratio0.04340.04570.1605
Slightly volatile
Days Of Sales Outstanding50.3433.5251.6128
Slightly volatile
Cash Flow Coverage Ratios0.06160.03750.0678
Very volatile
Price To Book Ratio1.21.01.2654
Slightly volatile
Fixed Asset Turnover9.148.713.9519
Slightly volatile
Capital Expenditure Coverage Ratio5.844.115.8932
Pretty Stable
Price Cash Flow Ratio39.5933.2823.912
Pretty Stable
Debt Ratio0.06690.07040.1272
Slightly volatile
Cash Flow To Debt Ratio0.06160.03750.0678
Very volatile
Price Sales Ratio1.261.323.3426
Slightly volatile
Return On Assets0.00570.00480.0063
Pretty Stable
Asset Turnover0.0330.05780.0387
Slightly volatile
Net Profit Margin0.09090.09570.1746
Slightly volatile
Gross Profit Margin0.730.490.6389
Slightly volatile
Price Fair Value1.21.01.2654
Slightly volatile
Return On Equity0.06610.05650.0726
Pretty Stable

Hanover Bancorp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap81.9 M153.7 M92.6 M
Slightly volatile
Enterprise Value99.3 M134.5 M118.2 M
Slightly volatile

Hanover Fundamental Market Drivers

Hanover Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
24th of October 2024
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

About Hanover Bancorp Financial Statements

Hanover Bancorp shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Hanover Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in Hanover Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hanover Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-61.4 M-58.3 M
Total Revenue170.6 M179.1 M
Cost Of Revenue97.6 M102.5 M
Stock Based Compensation To Revenue 0.01  0.02 
Sales General And Administrative To Revenue 0.16  0.14 
Capex To Revenue 0.01  0.01 
Revenue Per Share 18.03  18.94 
Ebit Per Revenue 0.13  0.12 

Pair Trading with Hanover Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hanover Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hanover Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hanover Stock

  0.84BIRG Bank of IrelandPairCorr
  0.82FBNC First Bancorp Normal TradingPairCorr
  0.73AUB Atlantic Union Bankshares Normal TradingPairCorr

Moving against Hanover Stock

  0.83601658 Postal Savings BankPairCorr
  0.75601665 Qilu BankPairCorr
The ability to find closely correlated positions to Hanover Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hanover Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hanover Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hanover Bancorp to buy it.
The correlation of Hanover Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hanover Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hanover Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hanover Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Hanover Stock Analysis

When running Hanover Bancorp's price analysis, check to measure Hanover Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Bancorp is operating at the current time. Most of Hanover Bancorp's value examination focuses on studying past and present price action to predict the probability of Hanover Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Bancorp's price. Additionally, you may evaluate how the addition of Hanover Bancorp to your portfolios can decrease your overall portfolio volatility.