
HNVR Stock Forecast & Price Target
HNVR Analyst Ratings
Bulls say
Hanover Bancorp is anticipated to experience a rebound in loan growth, with revised estimates projecting increases of 4.6% and 5.1% for the years 2025 and 2026, reflecting the bank's pro-growth strategy primarily bolstered by commercial and industrial (C&I) and commercial real estate (CRE) financing. The company has implemented model adjustments that include lowered net interest margin (NIM) estimates, decreased expenses, and a larger overall balance sheet, indicating a proactive approach to managing financial health as growth accelerates. Additionally, municipally-related deposits have significantly risen to approximately 33% of total deposits, demonstrating enhanced deposit diversification and stability as the bank moves forward.
Bears say
Hanover Bancorp's outlook has deteriorated, with Return on Assets (ROA) forecasts for 2026 revised down from 0.94% to approximately 0.85%, indicating a decline in profitability. Anticipated quarterly revenues are expected to fall to around $1.7 million to $1.8 million in the latter half of the year, primarily due to a projected weakness in the SBA gain on sale. Furthermore, the company has revised its operating earnings per share (EPS) estimates for 2025 and 2026 downward by 14% and 6%, respectively, reflecting expectations of lower net interest margins and reduced fee income.
This aggregate rating is based on analysts' research of Hanover Bancorp Inc and is not a guaranteed prediction by Public.com or investment advice.
HNVR Analyst Forecast & Price Prediction
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