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Hanover Bancorp (HNVR)

(Delayed Data from NSDQ)

$16.50 USD

16.50
15,321

0.00 (0.00%)

Updated May 14, 2024 04:00 PM ET

After-Market: $16.60 +0.10 (0.61%) 6:54 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth C Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 28% (181 out of 250)

Industry: Banks - Northeast

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Better trading starts here.

Balance Sheet

Research for HNVR

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Hanover Bancorp, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 193 193 150 167 -99,999
Receivables 1,871 1,871 1,619 1,248 NA
Notes Receivable 0 0 0 0 NA
Inventories 0 0 0 0 NA
Other Current Assets 0 0 0 0 NA
Total Current Assets 2,063 2,063 1,769 1,414 NA
Net Property & Equipment 16 16 14 15 NA
Investments & Advances 26 26 23 20 NA
Other Non-Current Assets 0 0 0 0 NA
Deferred Charges 2 2 3 4 NA
Intangibles 20 20 20 20 NA
Deposits & Other Assets 9 9 7 8 NA
Total Assets 2,150 2,150 1,840 1,485 NA
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 180 180 102 160 NA
Accounts Payable 1,735 1,735 1,528 1,165 NA
Current Portion Long-Term Debt 0 0 0 0 NA
Current Portion Capital Leases 0 0 0 0 NA
Accrued Expenses 2 2 1 1 NA
Income Taxes Payable 0 0 0 0 NA
Other Current Liabilities 0 0 0 0 NA
Total Current Liabilities 1,917 1,917 1,631 1,326 NA
Mortgages 0 0 0 0 NA
Deferred Taxes/Income 0 0 0 0 NA
Convertible Debt 0 0 0 0 NA
Long-Term Debt 25 25 25 25 NA
Non-Current Capital Leases 0 0 0 0 NA
Other Non-Current Liabilities 11 11 12 12 NA
Minority Interest (Liabilities) 0 0 0 0 NA
Total Liabilities 1,964 1,964 1,667 1,362 NA
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 3 3 0 0 NA
Common Stock (Par) 0 0 0 0 NA
Capital Surplus 126 126 127 97 NA
Retained Earnings 59 59 46 25 NA
Other Equity -1 -1 -1 0 NA
Treasury Stock 0 0 0 0 NA
Total Shareholder's Equity 186 186 173 123 NA
Total Liabilities & Shareholder's Equity 2,150 2,150 1,840 1,485 NA
Total Common Equity 183 183 173 123 0
Shares Outstanding 7.30 7.10 NA NA NA
Book Value Per Share 25.06 25.77 0.00 0.00 0.00

Fiscal Year End for Hanover Bancorp, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 -99,999 193 212 204
Receivables NA NA 1,871 1,818 1,783
Notes Receivable NA NA 0 0 0
Inventories NA NA 0 0 0
Other Current Assets NA NA 0 0 0
Total Current Assets NA NA 2,063 2,030 1,987
Net Property & Equipment NA NA 16 16 16
Investments & Advances NA NA 26 31 24
Other Non-Current Assets NA NA 0 0 0
Deferred Charges NA NA 2 2 2
Intangibles NA NA 20 20 20
Deposits & Other Assets NA NA 9 8 8
Total Assets NA NA 2,150 2,122 2,072
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA NA 180 294 137
Accounts Payable NA NA 1,735 1,594 1,707
Current Portion Long-Term Debt NA NA 0 0 0
Current Portion Capital Leases NA NA 0 0 0
Accrued Expenses NA NA 2 1 1
Income Taxes Payable NA NA 0 0 0
Other Current Liabilities NA NA 0 0 0
Total Current Liabilities NA NA 1,917 1,889 1,846
Mortgages NA NA 0 0 0
Deferred Taxes/Income NA NA 0 0 0
Convertible Debt NA NA 0 0 0
Long-Term Debt NA NA 25 25 25
Non-Current Capital Leases NA NA 0 0 0
Other Non-Current Liabilities NA 11 14 9
Minority Interest (Liabilities) NA NA 0 0 0
Total Liabilities NA NA 1,964 1,939 1,891
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA NA 3 3 3
Common Stock (Par) NA NA 0 0 0
Capital Surplus NA NA 126 125 125
Retained Earnings NA NA 59 56 54
Other Equity NA NA -1 -1 -1
Treasury Stock NA NA 0 0 0
Total Shareholder's Equity NA NA 186 183 181
Total Liabilities & Shareholder's Equity NA NA 2,150 2,122 2,072
Total Common Equity 0 0 183 180 178
Shares Outstanding 7.20 7.30 7.10 7.10 7.10
Book Value Per Share 0.00 0.00 25.77 25.33 25.01