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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.

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

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
Metropolitan Bank$403.31M1.17$76.90M$6.086.95
Hanover Bancorp$113.89M1.05$15.16M$1.968.40

In the previous week, Hanover Bancorp had 4 more articles in the media than Metropolitan Bank. MarketBeat recorded 5 mentions for Hanover Bancorp and 1 mentions for Metropolitan Bank. Hanover Bancorp's average media sentiment score of 1.34 beat Metropolitan Bank's score of 0.95 indicating that Metropolitan Bank is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Metropolitan Bank
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hanover Bancorp
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Company Net Margins Return on Equity Return on Assets
Metropolitan Bank15.82% 10.57% 0.99%
Hanover Bancorp 10.82%7.62%0.64%

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

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

Metropolitan Bank presently has a consensus price target of $56.50, suggesting a potential upside of 33.73%. Hanover Bancorp has a consensus price target of $21.00, suggesting a potential upside of 27.58%. Given Hanover Bancorp's higher possible upside, equities research analysts plainly believe Metropolitan Bank is more favorable than Hanover Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Metropolitan Bank
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Hanover Bancorp
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

79.8% of Metropolitan Bank shares are owned by institutional investors. Comparatively, 15.0% of Hanover Bancorp shares are owned by institutional investors. 6.5% of Metropolitan Bank shares are owned by company insiders. Comparatively, 24.8% of Hanover Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Metropolitan Bank beats Hanover Bancorp on 14 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$119.34M$2.25B$9.12B$7.87B
Dividend Yield2.42%4.34%10.47%4.02%
P/E Ratio8.4011.7357.2515.21
Price / Sales1.051.913,540.3874.55
Price / Cash8.248.2727.8230.94
Price / Book0.641.023.204.58
Net Income$15.16M$403.09M$1.01B$213.53M
7 Day Performance-0.24%-0.63%0.50%0.39%
1 Month Performance-0.84%3.15%3.82%3.28%
1 Year Performance-7.99%27.36%13.46%8.17%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MCB
Metropolitan Bank
3.9374 of 5 stars
$42.25
+0.5%
$56.50
+33.7%
+37.4%$472.78M$403.31M6.95275Positive News
HONE
HarborOne Bancorp
3.4129 of 5 stars
$10.39
+0.6%
N/A+24.5%$464.23M$286.14M28.08533Short Interest ↑
CCBG
Capital City Bank Group
4.7491 of 5 stars
$27.16
+0.9%
$34.25
+26.1%
-10.4%$460.09M$252.68M8.85970News Coverage
Gap Up
FMNB
Farmers National Banc
3.9835 of 5 stars
$12.08
+0.7%
$15.33
+26.9%
+0.5%$453.60M$255.20M8.33666Short Interest ↓
Positive News
WASH
Washington Trust Bancorp
3.4148 of 5 stars
$26.30
+1.0%
N/A-0.2%$448.42M$364.80M9.70665
SPFI
South Plains Financial
4.3883 of 5 stars
$26.75
+0.6%
$31.00
+15.9%
+21.7%$439.24M$291.26M7.15547News Coverage
Positive News
THFF
First Financial
4.3355 of 5 stars
$37.09
+0.2%
$43.00
+15.9%
+10.4%$438.03M$271.10M7.91861Positive News
CCNE
CNB Financial
4.8357 of 5 stars
$19.36
+0.8%
$22.00
+13.6%
+12.3%$406.56M$327.03M8.13765Short Interest ↓
SMMF
Summit Financial Group
1.1709 of 5 stars
$25.70
-2.5%
$27.00
+5.1%
+31.1%$377.28M$263.42M6.62496Analyst Forecast
News Coverage
High Trading Volume
FFIC
Flushing Financial
3.6545 of 5 stars
$12.72
+1.9%
$15.17
+19.2%
+5.5%$369.77M$424.07M12.72549Dividend Announcement
Positive News

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This page (NASDAQ:HNVR) was last updated on 5/31/2024 by MarketBeat.com Staff

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