Stocktoria
Hanover Bancorp, Inc. /MD HNVR
Nasdaq · XNAS · stock · State Commercial Banks · website · IPO 2022-05-11
Chart by TradingView
4/9
Piotroski F — financial health
—
Altman Z″ — distress risk
40.2%
Dividend payout · moderate
Dividends
Dividend payout40.2%
Paid from FCF24.7%
Safetymoderate
| FY | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total dividends paid | $3.0M | $3.0M | $2.9M | $2.0M |
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Net income | $7.5M | $12.3M | $15.2M | $23.6M | $10.9M |
| Operating cash flow | $13.1M | $5.4M | $16.4M | $25.1M | $13.2M |
| Free cash flow | $12.2M | $4.1M | $13.0M | $24.0M | $11.1M |
| Total assets | $2.4B | $2.3B | $2.1B | $1.8B | $1.5B |
| Total liabilities | $2.2B | $2.1B | $2.0B | $1.7B | $1.4B |
| Shareholders' equity | $200.3M | $196.6M | $185.9M | $172.6M | $122.5M |
| Ratios | |||||
| Return on assets | 0.3% | 0.5% | 0.7% | 1.3% | 0.7% |
| Return on equity | 3.7% | 6.3% | 8.2% | 13.6% | 8.9% |
Why these scores methodology →
Piotroski F-score: 4/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: n/a
Not applicable (financials/insurer or missing inputs).
Sector peers
IX · MUFG · MFG · NMR · UNH · CI · all Finance, Insurance & Real Estate →
Source: SEC EDGAR filings · CIK 0001828588 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.