How to Buy Hanover Bancorp Stock
Hanover Bancorp Inc
Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals in the New York metro area.
Hanover Bancorp stock last closed at $20.70, up 1.97% from the previous day, and has increased 45.26% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.28 percentage points. Hanover Bancorp stock is currently +36.45% from its 52-week low of $15.17, and -23.73% from its 52-week high of $27.14.
As of Apr 17, 2025, there are 7.2M shares of HNVR outstanding. The market value of HNVR is $149.06M. In the past 24 hours, 47,288 HNVR shares were traded.
How to Buy Hanover Bancorp Stock
Wondering how to invest in Hanover Bancorp stock? Here's how.
- Choose where to buy Hanover Bancorp stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Hanover Bancorp stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your info.
- Analyze Hanover Bancorp stock: The Hanover Bancorp ticker symbol is HNVR. Is Hanover Bancorp stock a good investment? Should you buy shares of HNVR? How do HNVR's underlying business fundamentals look? Do top analysts think Hanover Bancorp is a good buy? Why has HNVR's stock price moved recently? (Hint: Our stock research tools can help you decide if HNVR is a good stock to buy).
- Make your HNVR buy order: Decide if you will purchase HNVR shares at the current market price or use a limit order to purchase HNVR shares at a particular price.
- Keep tabs on your HNVR investment: Create a watchlist to get the latest news on your new investment in Hanover Bancorp shares.
Step 1: Choose where to buy Hanover Bancorp stock
You need an online brokerage account to access the NASDAQ market and buy HNVR shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you can invest in HNVR today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on a mobile trading app, you need to deposit funds:
Watch the tutorial below if you need help depositing money into your new investment account.
Step 4: Analyze Hanover Bancorp stock
After you have identified the best place to buy Hanover Bancorp stock, it's crucial to evaluate their stock prior to investing, so you can wrap your head around the risk and upside.
Hanover Bancorp quick stats
Fundamentals of HNVR
WallStreetZen was created to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on HNVR's stock page.
Is HNVR stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HNVR's true value.
Using relative valuations metrics:
- HNVR may be undervalued based on its P/E ratio of 12.4x, relative to Banks - Regional industry P/E ratio of 13x
- HNVR could be undervalued based on its P/B ratio of 0.76x, relative to Banks - Regional industry P/B ratio of 1.08x
- HNVR may be undervalued based on its PEG ratio of 0.39x
You can do additional valuation analysis on HNVR's stock here.
HNVR Financials at a glance
Pros:
- HNVR earnings of $16.38M is not sufficient to cover its interest payments.
Cons:
- HNVR's operating cash flow of $5.90M allows it to safely service it's debt of $141.52M.
- HNVR profit margin has gone down from 22.5% to 19.4% in the past year.
- HNVR has a relatively high debt to equity ratio of 10.76.
Is it a good time to buy Hanover Bancorp stock, according to Wall Street analysts?
Out of 1 sell side analysts who monitor HNVR, the consensus analyst rating on Hanover Bancorp is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Hanover Bancorp stock forecast page.
HNVR Technicals
How is HNVR performing as a company?
Last year, HNVR earnings were $12.35M. During the last four year, HNVR's earnings have gone up by 10.02% per year. This was slower than the Banks - Regional industry average of 17.8%.
Last year, HNVR revenue was $63.49M. Over the past four year, HNVR's revenue has grown by 23.47% per year. This was faster than the Banks - Regional industry average of 10.11%.
You can research HNVR's earnings and revenue performance here.
Latest Insiders Trades at HNVR
In the last 12 months, executives and large shareholders at HNVR have sold more shares than they have bought.
Lance P. Burke, EVP Chief Financial Officer of HNVR, was the latest HNVR insider to sell. They sold $31,007.85 worth of HNVR stock on Mar 31, 2025.
Research more about who owns HNVR stock here.
Can I get consistent income from HNVR stock?
Hanover Bancorp pays a dividend of 0.97%, compared to the Banks - Regional industry's average dividend yield of 3.07%. If you owned $1,000 of HNVR stock, you would have been paid $9.66 in the past year.
Find more analysis about Hanover Bancorp dividend yield and history here.
What do other investors have to say about HNVR?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your HNVR buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, place a limit order.
Click the Open button and your broker will execute the order.
If you want more help investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your HNVR investment
Now that you own some HNVR stock, you'll want to keep up with your company.
Make a watchlist to track the most important metrics related to your HNVR stock.
HNVR Feed
How to Buy Stock in Hanover Bancorp
To summarize, here are the 6 steps to buy Hanover Bancorp stock:
- Choose where to buy Hanover Bancorp stock
- Create a brokerage account
- Deposit money your investment account
- Analyze Hanover Bancorp stock
- Make your HNVR buy order
- Keep tabs on your HNVR investment
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Hanover Bancorp, get started below.
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