Company Hanover Bancorp, Inc.

HNVR

US4107102067

Banks

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks

End-of-day quote Nasdaq Other stock markets 18:00:00 2024-05-12 EDT			5-day change	1st Jan Change
16.5 ^USD	0.00%		-0.78%	-6.46%

04-17	Hanover Bancorp, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2024	CI
01-25	Piper Sandler Adjusts Price Target on Hanover Bancorp to $21 From $20, Maintains Overweight Rating	MT

Hanover Bancorp, Inc. is a one-bank holding company for its subsidiary, Hanover Community Bank (the Bank). The Bank is a community commercial bank, which offers a full range of financial services. The Bank provides a complete suite of consumer, commercial and municipal banking products and services, including multi-family and commercial mortgages, residential loans, business loans and lines of credit. It also offers its customers access to 24-hour automated teller machine service with free checking with interest, telephone banking, advanced technologies in mobile and internet banking for its consumer and business customers, safe deposit boxes and other. The Bank operates eight branch locations serving Long Island, the greater New York metropolitan area and Freehold, New Jersey. It operates a full-service branch office along with additional branch locations in Garden City Park, Forest Hills, Flushing, Sunset Park, Rockefeller Center and Chinatown, New York, and Freehold, New Jersey.

Number of employees: 176

USD in Million	2022	Weight	2023	Weight	Delta
Banking and Related Activities 100.0 %	70	100.0 %	63	100.0 %	-9.68%

USD in Million	2022	Weight	2023	Weight	Delta
United States 100.0 %	70	100.0 %	63	100.0 %	-9.68%

Managers	Title	Age	Since
Michael Puorro CEO	Chief Executive Officer	64	11-12-31
McClelland Wilcox PSD	President	52	21-04-30
Lance Burke DFI	Director of Finance/CFO	44	21-09-12
Denise Chardavoyne COO	Chief Operating Officer	46	17-12-31
Joseph Burns PRN	Corporate Officer/Principal	-	11-15
Michelle Mihas SEC	Corporate Secretary	-	-
Lisa Diiorio AUD	Comptroller/Controller/Auditor	60	15-12-31
Kevin Corbett PRN	Corporate Officer/Principal	64	19-12-31
Michael Locorriere PRN	Corporate Officer/Principal	55	19-12-31
Alice Rouse PRN	Corporate Officer/Principal	58	16-12-31

Members of the board	Title	Age	Since
Michael Puorro CEO	Chief Executive Officer	64	11-12-31
Ahron Haspel BRD	Director/Board Member	80	11-12-31
Metin Negrin BRD	Director/Board Member	58	20-12-31
Michael T Thaden BRD	Director/Board Member	-	-
Michael Katz BRD	Director/Board Member	85	11-12-31
Philip Okun BRD	Director/Board Member	69	08-11-03
John Sorrenti BRD	Director/Board Member	73	11-12-31
Elena Sisti BRD	Director/Board Member	68	20-12-31
Robert Golden BRD	Director/Board Member	60	13-12-31
Varkey Abraham BRD	Director/Board Member	-	08-11-03

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	0	7,392,412	3,500,000 ( 47.35 %)	0	47.35 %
Stock B	0	150,000	0	0

Name	Equities	%	Valuation
Castle Creek Capital LLC 9.786 %	707,500	9.786 %	12 M $
AllianceBernstein LP 6.744 %	487,582	6.744 %	8 M $
AllianceBernstein LP 6.744 %	487,582	6.744 %	8 M $
Robert Golden 6.315 %	456,538	6.315 %	7 M $
Aurum Holdings LLC 6.134 %	443,481	6.134 %	7 M $
Michael Puorro 3.851 %	278,388	3.851 %	5 M $
Michael Katz 3.473 %	251,104	3.473 %	4 M $
Metin Negrin 3.261 %	235,724	3.261 %	4 M $
The Banc Funds Co LLC 3.160 %	228,440	3.160 %	4 M $
Elena Sisti 2.115 %	152,896	2.115 %	3 M $

Name	Equities	%	Valuation
Castle Creek Capital LLC 44.50 %	66,750	44.50 %	1 M $

Hanover Bancorp, Inc.

80 East Jericho Turnpike

11501, Mineola

http://www.hanoverbank.com

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

16.5 USD

Average target price

18.5 USD

Spread / Average Target

+12.12%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Banking Services

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HANOVER BANCORP, INC.	-6.46%	120M
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