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Hanover Bancorp (HNVR) Reports Q3 Earnings: What Key Metrics Have to Say
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For the quarter ended September 2026, Hanover Bancorp, Inc. (HNVR - Free Report) reported revenue of $19.28 million, up 7.1% over the same period last year. EPS came in at $0.60, compared to $0.47 in the year-ago quarter.
The reported revenue represents a surprise of -3.74% over the Zacks Consensus Estimate of $20.03 million. With the consensus EPS estimate being $0.60, the company has not delivered EPS surprise.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hanover Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 3% compared to the 3.1% average estimate based on two analysts.
Operating efficiency ratio: 64.3% compared to the 65.7% average estimate based on two analysts.
Interest-earning assets- Average Balance: $2.24 billion versus the two-analyst average estimate of $2.26 billion.
Net Interest Income: $17.03 million versus $17.83 million estimated by two analysts on average.
Loan servicing and fee income: $0.96 million versus $1.09 million estimated by two analysts on average.
Gain on Sale of Loans Held-for-Sale: $0.55 million versus the two-analyst average estimate of $1 million.
Total Non-Interest Income: $2.25 million versus $2.22 million estimated by two analysts on average.
Shares of Hanover Bancorp have returned -8.1% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Hanover Bancorp (HNVR) Reports Q3 Earnings: What Key Metrics Have to Say
For the quarter ended September 2026, Hanover Bancorp, Inc. (HNVR - Free Report) reported revenue of $19.28 million, up 7.1% over the same period last year. EPS came in at $0.60, compared to $0.47 in the year-ago quarter.
The reported revenue represents a surprise of -3.74% over the Zacks Consensus Estimate of $20.03 million. With the consensus EPS estimate being $0.60, the company has not delivered EPS surprise.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hanover Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Hanover Bancorp here>>>
Shares of Hanover Bancorp have returned -8.1% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.