
HNVR Stock Forecast & Price Target
HNVR Analyst Ratings
Bulls say
Hanover Bancorp is poised for positive growth, with projected loan growth estimates for 2025 and 2026 increasing to 4.6% and 5.1%, respectively, driven predominantly by commercial and industrial (C&I) and commercial real estate (CRE) sectors. The expected rebound in loan growth is bolstered by lower expenses and a larger overall balance sheet, indicating an improving financial position. Additionally, the significant increase in municipal deposits, now representing approximately 33% of total deposits, further supports the bank's stable funding base and growth potential.
Bears say
Hanover Bancorp is facing a deteriorating financial outlook, with return on assets (ROA) projections for 2026 revised down to approximately 0.85% from 0.94%, indicating reduced profitability potential. Anticipated quarterly revenues are expected to decline to between $1.7 million and $1.8 million in the latter half of the year, influenced by weakening in Small Business Administration (SBA) gain on sale activities. Additionally, operating earnings per share (EPS) estimates for 2025 and 2026 have been lowered by 14% and 6%, respectively, primarily due to decreased net interest margin (NIM) expectations and reductions in 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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