Hanover Bancorp (HNVR) Competitors

$16.11
-0.54 (-3.24%)
(As of 05/9/2024 ET)

HNVR vs. FCCO, FRAF, UNB, CBFV, MNSB, RMBI, OVBC, EBMT, FINW, and PWOD

Should you be buying Hanover Bancorp stock or one of its competitors? The main competitors of Hanover Bancorp include First Community (FCCO), Franklin Financial Services (FRAF), Union Bankshares (UNB), CB Financial Services (CBFV), MainStreet Bancshares (MNSB), Richmond Mutual Bancorporation (RMBI), Ohio Valley Banc (OVBC), Eagle Bancorp Montana (EBMT), FinWise Bancorp (FINW), and Penns Woods Bancorp (PWOD). These companies are all part of the "state commercial banks" industry.

Hanover Bancorp vs.

Hanover Bancorp (NASDAQ:HNVR) and First Community (NASDAQ:FCCO) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, valuation, community ranking, risk, earnings and media sentiment.

Hanover Bancorp presently has a consensus target price of $21.00, suggesting a potential upside of 30.35%. First Community has a consensus target price of $21.00, suggesting a potential upside of 30.03%. Given Hanover Bancorp's higher probable upside, research analysts clearly believe Hanover Bancorp is more favorable than First Community.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
First Community
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Hanover Bancorp has higher revenue and earnings than First Community. Hanover Bancorp is trading at a lower price-to-earnings ratio than First Community, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hanover Bancorp$62.58M1.86$15.16M$1.968.22
First Community$56.04M2.20$11.84M$1.4311.29

In the previous week, Hanover Bancorp and Hanover Bancorp both had 1 articles in the media. Hanover Bancorp's average media sentiment score of 1.00 beat First Community's score of 0.49 indicating that Hanover Bancorp is being referred to more favorably in the media.

Company Overall Sentiment
Hanover Bancorp Positive
First Community Neutral

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 2.5%. First Community pays an annual dividend of $0.56 per share and has a dividend yield of 3.5%. Hanover Bancorp pays out 20.4% of its earnings in the form of a dividend. First Community pays out 39.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Hanover Bancorp has a beta of -0.24, indicating that its stock price is 124% less volatile than the S&P 500. Comparatively, First Community has a beta of 0.44, indicating that its stock price is 56% less volatile than the S&P 500.

First Community received 170 more outperform votes than Hanover Bancorp when rated by MarketBeat users. However, 60.00% of users gave Hanover Bancorp an outperform vote while only 44.82% of users gave First Community an outperform vote.

CompanyUnderperformOutperform
Hanover BancorpOutperform Votes
3
60.00%
Underperform Votes
2
40.00%
First CommunityOutperform Votes
173
44.82%
Underperform Votes
213
55.18%

First Community has a net margin of 12.32% compared to Hanover Bancorp's net margin of 10.82%. First Community's return on equity of 8.69% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp10.82% 7.69% 0.65%
First Community 12.32%8.69%0.61%

15.0% of Hanover Bancorp shares are owned by institutional investors. Comparatively, 61.3% of First Community shares are owned by institutional investors. 24.8% of Hanover Bancorp shares are owned by insiders. Comparatively, 3.0% of First Community shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Hanover Bancorp beats First Community on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HNVR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HNVR vs. The Competition

MetricHanover BancorpState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$116.46M$2.39B$9.08B$7.78B
Dividend Yield2.41%4.23%10.41%3.96%
P/E Ratio8.2212.2657.1019.04
Price / Sales1.862.473,317.9685.27
Price / Cash8.298.5827.6928.62
Price / Book0.661.032.484.62
Net Income$15.16M$403.09M$995.87M$217.57M
7 Day Performance-3.01%0.79%0.95%0.58%
1 Month Performance13.85%5.16%1.63%-0.70%
1 Year Performance-10.50%35.32%17.45%9.12%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FCCO
First Community
4.1475 of 5 stars
$16.06
+0.7%
$21.00
+30.8%
-5.1%$122.54M$83.12M11.23268
FRAF
Franklin Financial Services
2.9165 of 5 stars
$28.12
-2.0%
N/A+10.2%$123.45M$91.61M9.01306
UNB
Union Bankshares
1.4167 of 5 stars
$25.50
-1.4%
N/A+21.7%$115.26M$67.01M10.20197Upcoming Earnings
Analyst Forecast
CBFV
CB Financial Services
3.666 of 5 stars
$22.40
+0.7%
$24.33
+8.6%
+21.1%$115.14M$86.24M5.09159Analyst Forecast
Analyst Revision
High Trading Volume
MNSB
MainStreet Bancshares
4.8068 of 5 stars
$16.51
+0.1%
$24.00
+45.4%
-16.2%$125.64M$127.76M6.37186
RMBI
Richmond Mutual Bancorporation
2.6833 of 5 stars
$11.35
-0.8%
N/A+23.1%$126.21M$72.02M13.05176Gap Down
OVBC
Ohio Valley Banc
3.4106 of 5 stars
$22.77
-1.0%
N/A-5.7%$109.07M$74.49M9.45270Analyst Forecast
News Coverage
EBMT
Eagle Bancorp Montana
4.4477 of 5 stars
$12.99
-0.1%
$14.00
+7.8%
+9.6%$104.18M$114.34M11.60383
FINW
FinWise Bancorp
4.0301 of 5 stars
$10.78
+1.5%
$17.00
+57.7%
+32.1%$137.92M$79.20M8.36162
PWOD
Penns Woods Bancorp
2.9684 of 5 stars
$18.45
+1.4%
N/A-14.5%$138.56M$99.97M8.46308Positive News

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This page (NASDAQ:HNVR) was last updated on 5/10/2024 by MarketBeat.com Staff

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