
HNVR Stock Forecast & Price Target
HNVR Analyst Ratings
Bulls say
Hanover Bancorp is anticipated to experience a robust rebound in loan growth, with estimates for 2025 and 2026 rising significantly to 4.6% and 5.1%, largely driven by Commercial and Industrial (C&I) and Commercial Real Estate (CRE) lending. The bank's overall balance sheet is expected to expand, supported by strategic adjustments that include lower net interest margin (NIM) estimates and reduced expenses, aligning with the projected growth in forward-looking loan origination. Additionally, the increase in municipal deposits, now constituting approximately 33% of total deposits, highlights a strengthening deposit base that can further facilitate lending capacity and financial stability.
Bears say
Hanover Bancorp's forecasted return on assets (ROA) has been revised down to approximately 0.85% for 2026, down from a previous estimate of 0.94%, indicating a potential decline in profitability. The company is also expected to face challenges in revenue generation, with quarterly revenues anticipated to decrease to around $1.7 million to $1.8 million in the latter half of the year due to ongoing weakness in Small Business Administration (SBA) loan sales. Additionally, operating earnings per share estimates for 2025 and 2026 have been reduced by 14% and 6%, respectively, primarily attributed to lower net interest margin (NIM) expectations and diminished 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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