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Hanover Bancorp, Inc. /MD HNVR

Nasdaq · stock · State Commercial Banks · website · IPO 2022-05-11

Hanover Bancorp, Inc. /MD statistics & valuation

Market cap$166.4M
P / E22.2×
P / B0.8×
P / FCF13.7×
Dividend yield1.81%
Return on equity3.7%
Graham number -8.5%$24.91

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($24.91); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
202020212022202320242025
Operating margin (%)
202020212022202320242025
Return on equity (%)
6.40% 8.90% 13.60% 8.20% 6.30% 3.70% 202020212022202320242025
Shares outstanding
4.2M 5.6M 7.3M 7.2M 7.2M 7.3M 202020212022202320242025
Net debt ($)
202020212022202320242025
Share buybacks ($)
202020212022202320242025
Return on assets (%)
0.60% 0.70% 1.30% 0.70% 0.50% 0.30% 202020212022202320242025
Free cash flow margin (%)
202020212022202320242025
Debt / equity (×)
202020212022202320242025
EPS ($)
$1.18 $2.28 $3.68 $2.05 $1.66 $1.00 202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Hanover Bancorp, Inc. /MD trades at about 27.2× earnings — above its 10-year norm (10-year range 5.6×–23.1×, median 16×).

5.6× 27.2×

Shaded band = 10-year range (5.6×–23.1×); dot = today's 27.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020
Return on assets0.3%0.5%0.7%1.3%0.7%0.6%
Return on equity3.7%6.3%8.2%13.6%8.9%6.4%

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.