
HNVR Stock Forecast & Price Target
HNVR Analyst Ratings
Bulls say
Hanover Bancorp's pro-growth strategy is reflected in revised loan growth projections, which have been increased to 4.6% for 2025 and 5.1% for 2026, signaling a strong rebound driven primarily by commercial and industrial (C&I) and commercial real estate (CRE) segments. The bank anticipates an expansion of its overall balance sheet, accompanied by lower expenses and adjustments in net interest margin (NIM) estimates, further underpinning its growth outlook. Additionally, the increase in municipal deposits to approximately 33% of total deposits highlights a positive shift in the bank's funding structure, supporting its financial stability and growth potential.
Bears say
Hanover Bancorp's outlook is negatively impacted by a downward revision in return on assets (ROA) forecasts for 2026, now estimated at approximately 0.85%, down from a prior estimate of 0.94%. Additionally, the company is expected to experience a decline in quarterly revenues to around $1.7 million to $1.8 million in the latter part of the year, primarily due to weaknesses in SBA gain on sale. These projections have led to significant downward adjustments in operating EPS estimates for 2025 and 2026, with reductions of 14% and 6%, respectively, attributed to lower net interest margin (NIM) estimates and decreased 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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