
HNVR Stock Forecast & Price Target
HNVR Analyst Ratings
Bulls say
Hanover Bancorp is projected to experience significant loan growth, with revised estimates for 2025 and 2026 anticipating increases of 4.6% and 5.1%, respectively, primarily driven by commercial and industrial (C&I) loans and commercial real estate (CRE). This positive outlook is further supported by a larger overall balance sheet and a reduction in operating expenses and fee income, signaling increased operational efficiency. Moreover, the growth in municipal deposits to approximately 33% of total deposits indicates a strengthening customer base and deposit retention, enhancing the bank's overall financial stability.
Bears say
Hanover Bancorp's return on assets (ROA) forecast for 2026 has decreased from 0.94% to approximately 0.85%, indicating a less profitable outlook for the company. Additionally, expected quarterly revenues are anticipated to decline to around $1.7 million to $1.8 million in the latter half of the year, reflecting weakness particularly in SBA gain on sale. Furthermore, operating earnings per share (EPS) estimates for 2025 and 2026 have been revised downward by 14% and 6%, respectively, due to reduced net interest margin (NIM) expectations and lower fee income.
This aggregate rating is based on analysts' research of Hanover Bancorp Inc/NY and is not a guaranteed prediction by Public.com or investment advice.
HNVR Analyst Forecast & Price Prediction
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