HNVR — Hanover Bancorp Inc

✨ Hidden Gem Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates HNVR Bullish with a Setup Score of 49, net conviction 39, actionability 62. How the Setup Score works →

Total Setup Score49
Directional BiasBullish
Net Conviction39
Actionability62 (in range)

Key signals behind this score

About 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. It offers a full-service bank providing personal and business lending and deposit services. The company offers checking, savings, money market, time deposit, NOW, and individual retirement accounts, as well as certificates of deposit. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$23.61
Market Cap$163M
Float4.4M
Shares Outstanding7.2M
P/E (TTM)21.73
Price/Sales (TTM)2.56
vs. Analyst Target+2.7% to analyst PT
Profit Margin12.30%
Operating Margin (TTM)29.78%
Revenue (TTM)$63.8M
Earnings Growth (YoY)25.00%
Dividend Rate0.4%
Analyst Target Price$24.25 (2 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $41.5M $5.0M $27.2M $7.6M
2021 $52.0M $10.9M $44.1M $15.5M
2022 $70.7M $23.6M $70.7M $39.4M
2023 $63.3M $15.2M $57.0M $1.8M
2024 $148M $12.3M $63.5M $20.2M
2025 $143M $7.5M $62.9M $14.1M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $35.6M $2.4M
Sep 2025 $35.8M $3.5M
Dec 2025 $35.4M $33,000
Mar 2026 $32.3M $1.9M

Ownership & Float

Insider Ownership31.3%
Institutional Ownership35.6%
Short Float1.0%
% of All Funds Holding0.61%
Number of Funds Holding50

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$23.35Near-term / short-term trend
Weekly40-Week SMA$22.54Medium-term trend
Weekly80-Week SMA$22.59Cyclical trend (business cycle)
Weekly200-Week SMA$20.10Secular trend (multi-year)
Monthly10-Month SMA$22.59Near-term monthly trend
Monthly20-Month SMA$22.80Medium-term monthly trend
Monthly40-Month SMA$20.39Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$19.90 support 2.16x 19 months ago
$18.00 support 1.71x 20 months ago
$16.20 support 1.08x 23 months ago

Historical Earnings Reactions (17 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.11% 0.05% 52.94% 1.54% -5.79%
1 Day 0.56% 0.19% 58.82% 7.02% -6.19%
1 Week 1.09% -0.17% 47.06% 15.23% -7.68%
2 Weeks 0.91% -0.97% 41.18% 16.28% -6.57%
1 Month 1.54% 0.05% 50.00% 25.13% -11.56%

Next earnings: July 22, 2026 (10 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.07% 40.9% 193
Tuesday 0.02% 40.5% 215
Wednesday 0.23% 42.3% 213
Thursday -0.13% 40.9% 208
Friday 0.06% 40.5% 210

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 35.6%

Insider Transactions — Smart Summary

Total insider ownership: 31.3%

Founder-led management: Michael Puorro (Chief Executive Officer & Chairman)

12-Month Insider Activity Summary

Total Filings8
Net Value+N/A
Net Shares Change-25,378
% of Float-0.6%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Golden Robert -$628,465.139 8 8 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-06-12 Golden Robert -$203,759.164 Transaction at $24.20, now -2.4%
2026-06-16 Golden Robert -$106,383.928 Transaction at $24.05, now -1.8%
2026-06-04 Golden Robert -$42,667.547 Transaction at $23.10, now +2.2%
2026-06-02 Golden Robert -$35,892.852 Transaction at $23.71, now -0.4%
2026-05-29 Golden Robert -$30,471.091 Transaction at $23.53, now +0.3%
2026-05-21 Golden Robert -$74,773.097 Transaction at $22.86, now +3.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Hanover Bancorp Inc (HNVR) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for HNVR on Trend Edge →