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Hanover Bancorp (HNVR) Competitors

$16.46
0.00 (0.00%)
(As of 05/31/2024 ET)

HNVR vs. MCB, HONE, CCBG, FMNB, WASH, SPFI, THFF, CCNE, SMMF, and FFIC

Should you be buying Hanover Bancorp stock or one of its competitors? The main competitors of Hanover Bancorp include Metropolitan Bank (MCB), HarborOne Bancorp (HONE), Capital City Bank Group (CCBG), Farmers National Banc (FMNB), Washington Trust Bancorp (WASH), South Plains Financial (SPFI), First Financial (THFF), CNB Financial (CCNE), Summit Financial Group (SMMF), and Flushing Financial (FFIC). These companies are all part of the "state commercial banks" industry.

Hanover Bancorp vs.

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

Metropolitan Bank received 179 more outperform votes than Hanover Bancorp when rated by MarketBeat users. Likewise, 67.66% of users gave Metropolitan Bank an outperform vote while only 60.00% of users gave Hanover Bancorp an outperform vote.

CompanyUnderperformOutperform
Hanover BancorpOutperform Votes
3
60.00%
Underperform Votes
2
40.00%
Metropolitan BankOutperform Votes
182
67.66%
Underperform Votes
87
32.34%

Metropolitan Bank has a net margin of 15.82% compared to Hanover Bancorp's net margin of 10.82%. Metropolitan Bank's return on equity of 10.57% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp10.82% 7.62% 0.64%
Metropolitan Bank 15.82%10.57%0.99%

Hanover Bancorp has a beta of -0.24, suggesting that its share price is 124% less volatile than the S&P 500. Comparatively, Metropolitan Bank has a beta of 1.14, suggesting that its share price is 14% more volatile than the S&P 500.

Hanover Bancorp currently has a consensus price target of $21.00, suggesting a potential upside of 27.58%. Metropolitan Bank has a consensus price target of $56.50, suggesting a potential upside of 34.36%. Given Metropolitan Bank's higher possible upside, analysts plainly believe Metropolitan Bank is more favorable than Hanover Bancorp.

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
Metropolitan Bank
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Hanover Bancorp had 4 more articles in the media than Metropolitan Bank. MarketBeat recorded 4 mentions for Hanover Bancorp and 0 mentions for Metropolitan Bank. Metropolitan Bank's average media sentiment score of 1.34 beat Hanover Bancorp's score of 0.72 indicating that Metropolitan Bank is being referred to more favorably in the news media.

Company Overall Sentiment
Hanover Bancorp Positive
Metropolitan Bank Positive

15.0% of Hanover Bancorp shares are held by institutional investors. Comparatively, 79.8% of Metropolitan Bank shares are held by institutional investors. 24.8% of Hanover Bancorp shares are held by company insiders. Comparatively, 6.5% of Metropolitan Bank shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hanover Bancorp$62.58M1.91$15.16M$1.968.40
Metropolitan Bank$403.31M1.17$76.90M$6.086.92

Summary

Metropolitan Bank beats Hanover Bancorp on 13 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$119.32M$2.25B$9.72B$7.96B
Dividend Yield2.42%4.30%5.96%4.01%
P/E Ratio8.4011.9945.5118.57
Price / Sales1.912.15109.7891.65
Price / Cash8.228.3916.4131.51
Price / Book0.641.023.304.59
Net Income$15.16M$403.09M$1.01B$213.90M
7 Day Performance-0.24%-0.67%0.39%0.87%
1 Month Performance-1.26%1.64%3.04%3.60%
1 Year Performance-7.99%26.36%17.32%7.91%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MCB
Metropolitan Bank
3.9654 of 5 stars
$42.25
+0.5%
$56.50
+33.7%
+49.3%$472.78M$403.31M6.95275Positive News
HONE
HarborOne Bancorp
3.3322 of 5 stars
$10.39
+0.6%
N/A+24.2%$464.23M$286.14M28.08533Short Interest ↑
CCBG
Capital City Bank Group
4.5854 of 5 stars
$27.16
+0.9%
$34.25
+26.1%
-11.0%$460.09M$252.68M8.85970Dividend Announcement
News Coverage
Gap Up
FMNB
Farmers National Banc
3.8568 of 5 stars
$12.08
+0.7%
$15.33
+26.9%
+3.1%$453.60M$255.20M8.33666Short Interest ↓
WASH
Washington Trust Bancorp
3.4529 of 5 stars
$26.30
+1.0%
N/A+1.1%$448.42M$364.80M9.70665Analyst Upgrade
SPFI
South Plains Financial
4.3232 of 5 stars
$26.75
+0.6%
$31.00
+15.9%
+23.1%$439.24M$291.26M7.15547News Coverage
THFF
First Financial
4.3251 of 5 stars
$37.09
+0.2%
$43.00
+15.9%
+12.1%$438.03M$271.10M7.91861Positive News
CCNE
CNB Financial
4.8034 of 5 stars
$19.36
+0.8%
$22.00
+13.6%
+13.6%$406.56M$327.03M8.13765Short Interest ↓
News Coverage
SMMF
Summit Financial Group
1.1884 of 5 stars
$25.70
-2.5%
$27.00
+5.1%
+34.5%$377.28M$263.42M6.62496Analyst Forecast
News Coverage
High Trading Volume
FFIC
Flushing Financial
3.6695 of 5 stars
$12.72
+1.9%
$15.17
+19.2%
+7.5%$369.77M$424.07M12.72549Dividend Announcement
Positive News

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This page (NASDAQ:HNVR) was last updated on 6/2/2024 by MarketBeat.com Staff

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