HNVR
Price:
$23.29
Market Cap:
$167.51M
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. The company offers checking, savings, money market, NOW, and individual retirement accounts, as well as certificates of deposits and time deposits; cards; and residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, and small business administration loans, as well as home equity, multi-family, business, bridge, and other personal purpose loans. It operates branch offices located in Manhattan, Brooklyn, Queens, and Nassau Cou...[Read more]
Industry
Banks - Regional
IPO Date
2022-05-11
Stock Exchange
NASDAQ
Ticker
HNVR
According to Hanover Bancorp, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.11. This represents a change of 18.70% compared to the average of 0.09 of the last 4 quarters.
The mean historical Current Ratio of Hanover Bancorp, Inc. over the last ten years is 61.93. The current 0.11 Current Ratio has changed -82.09% with respect to the historical average. Over the past ten years (40 quarters), HNVR's Current Ratio was at its highest in in the June 2022 quarter at 2.55K. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
61.93
Median
0.35
Minimum
0
Maximum
248.69
Discovering the peaks and valleys of Hanover Bancorp, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 248.69
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.11 | -69.16% |
| 2023 | 0.35 | -99.80% |
| 2022 | 177.30 | 35.85% |
| 2021 | 130.51 | -47.52% |
| 2020 | 248.69 | 58.68% |
| 2019 | 0.42 | Infinity% |
| 2018 | 0 | 0% |
| 2017 | 0 | 0% |
The current Current Ratio of Hanover Bancorp, Inc. (HNVR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
59.25
5-year avg
111.39
10-year avg
61.93
Hanover Bancorp, Inc.’s Current Ratio is greater than Citizens Community Bancorp, Inc. (0), less than United Security Bancshares (0.20), greater than First Capital, Inc. (0), greater than Peoples Bancorp of North Carolina, Inc. (0), less than CF Bankshares Inc. (0.16), greater than Finward Bancorp (0), greater than Landmark Bancorp, Inc. (0), greater than BV Financial, Inc. (0), less than Ohio Valley Banc Corp. (291.80), greater than ECB Bancorp, Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $178.10M | |
| 0.20 | $174.53M | |
| 0 | $170.94M | |
| 0 | $180.51M | |
| 0.16 | $153.23M | |
| 0 | $170.79M | |
| 0 | $169.93M | |
| 0 | $183.60M | |
| 291.80 | $192.84M | |
| 0 | $146.03M |
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