Hanover Bancorp, Inc.

Hanover Bancorp, Inc.verified

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

The Current Ratio as of December 2025 (TTM) for Hanover Bancorp, Inc. (HNVR) is 0.11

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.

Hanover Bancorp, Inc. (HNVR) Historical Current Ratio (quarterly & annually)

How has HNVR Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

61.93

Median

0.35

Minimum

0

Maximum

248.69

Hanover Bancorp, Inc. (HNVR) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.11-69.16%
20230.35-99.80%
2022177.3035.85%
2021130.51-47.52%
2020248.6958.68%
20190.42Infinity%
201800%
201700%

Hanover Bancorp, Inc. (HNVR) Average Current Ratio

How has HNVR Current Ratio performed in the past?

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. (HNVR) Current Ratio vs. Peers

How is HNVR’s Current Ratio compared to its peers?

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),

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