
HNVR Stock Forecast & Price Target
HNVR Analyst Ratings
Bulls say
Hanover Bancorp Inc. is projected to experience significant loan growth with estimates for 2025 and 2026 now at 4.6% and 5.1%, a notable increase from previous forecasts, driven primarily by strengths in commercial and industrial (C&I) and commercial real estate (CRE) lending. The bank has undergone key adjustments, including lower net interest margin (NIM) estimates and reduced expenses, which are expected to positively impact the overall balance sheet as growth accelerates in the latter half of the year. Additionally, the bank's municipal deposits have risen to approximately 33% of total deposits, indicating a strong funding base that supports its growth ambitions.
Bears say
Hanover Bancorp's outlook appears negative due to a projected decline in return on assets (ROA), with forecasts for 2026 revised down to approximately 0.85% from a previous estimate of 0.94%. Additionally, expected quarterly revenues are anticipated to decrease to about $1.7 million to $1.8 million in the latter half of the year, driven by weaknesses in SBA gains on sale. Furthermore, operating earnings per share (EPS) estimates for 2025 and 2026 have been reduced by 14% and 6%, respectively, largely due to diminishing net interest margins and lower fee income.
This aggregate rating is based on analysts' research of Hanover Bancorp Inc and is not a guaranteed prediction by Public.com or investment advice.
HNVR Analyst Forecast & Price Prediction
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