Hanover Bancorp Inc (HNVR)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Hanover Bancorp Inc (HNVR) is down 0.0% since the beginning of the year. At $23 per share, HNVR is trading 6.7% below its 52-week high of $25.

Hanover Bancorp Inc (HNVR) has returned -0.04% so far this year and 8.54% over the past 12 months.

Based on dividend-adjusted daily data since May 11, 2022, HNVR's average daily return is +0.03%, while the average monthly return is +0.54%. At this rate, an investment would double in approximately 10.7 years.

Historically, 46% of months were positive and 54% were negative. The best month was Nov 2024 with a return of +26.7%, while the worst month was Mar 2024 at -10.3%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 4 months.

On a daily basis, HNVR closed higher 41% of trading days. The best single day was Oct 16, 2024 with a return of +9.2%, while the worst single day was Apr 3, 2025 at -12.1%.

Hanover Bancorp Inc has an annualized alpha of 2.16%, beta of 0.31, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since May 11, 2022.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (12.21%) than losses (7.48%) - typical of diversified or defensive assets.
• Beta of 0.31 may look defensive, but with R2 of 0.04 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.04 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

HNVR ranks 53 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

Hanover Bancorp Inc provided a 1.75% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The company has been increasing its dividends for 3 consecutive years.

The table displays the monthly dividend distributions for Hanover Bancorp Inc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Hanover Bancorp Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Hanover Bancorp Inc was 33.98%, occurring on Apr 16, 2024. Recovery took 127 trading sessions.

The current Hanover Bancorp Inc drawdown is 12.28%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Hanover Bancorp Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Hanover Bancorp Inc is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.