Hanover Bancorp Inc
NASDAQ:HNVR

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Hanover Bancorp Inc
NASDAQ:HNVR
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Price: 22.47 USD -0.35% Market Closed
Market Cap: $161.1m

Net Margin

9.9%
Current
Declining
by 7.6%
vs 3-y average of 17.6%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
9.9%
=
Net Income
$7.3m
/
Revenue
$73.3m

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
9.9%
=
Net Income
$7.3m
/
Revenue
$73.3m

Peer Comparison

Country Company Market Cap Net
Margin
US
Hanover Bancorp Inc
NASDAQ:HNVR
160.3m USD
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US
GE Vernova LLC
NYSE:GEV
267.2B USD
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UK
Eight Capital Partners PLC
F:ECS
158.4B EUR
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US
China Industrial Group Inc
OTC:CIND
121B USD
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NL
Nepi Rockcastle NV
JSE:NRP
98B ZAR
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US
Schlumberger NV
NYSE:SLB
77.6B USD
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US
Fintech Ecosystem Development Corp
NASDAQ:FEXD
66.7B USD
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US
Baker Hughes Co
NASDAQ:BKR
62B USD
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CH
Galderma Group AG
SIX:GALD
36.8B CHF
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US
CoreWeave Inc
NASDAQ:CRWV
51.2B USD
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US
Symbotic Inc
NASDAQ:SYM
32.4B USD
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Market Distribution

In line with most companies in the United States of America
Percentile
67th
Based on 15 072 companies
67th percentile
9.9%
Low
-4 418 600% — -9.6%
Typical Range
-9.6% — 11.3%
High
11.3% — 1 135 400%
Distribution Statistics
the United States of America
Min -4 418 600%
30th Percentile -9.6%
Median 3.1%
70th Percentile 11.3%
Max 1 135 400%

Other Profitability Ratios

Hanover Bancorp Inc
Glance View

Market Cap
161.1m USD
Industry
N/A

Hanover Bancorp Inc operates as a locally headquartered, community-oriented bank serving customers throughout the New York metro area from offices in Nassau, Queens, Kings (Brooklyn) and New York (Manhattan) Counties, New York, and Freehold in Monmouth County New Jersey. The Bank was originally organized in 2009, with a focus on serving the South Asian community in Nassau County. After incurring financial and regulatory setbacks, the Bank was recapitalized in 2012 by a group led by our current Chairman and CEO Michael Puorro and current members of their Board of Directors, which they refer to as the 2012 recapitalization. Following the 2012 recapitalization and hiring of Michael Puorro, the Bank adopted a strategic plan focused on providing differentiated consumer and commercial banking services to clients in the western Long Island markets and New York City boroughs, particularly the Queens and Brooklyn markets. As a result, the Bank has grown its balance sheet significantly both through organic loan and deposit growth, as well as opportunistic acquisitions.

HNVR Intrinsic Value
LOCKED
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What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
9.9%
=
Net Income
$7.3m
/
Revenue
$73.3m
What is Hanover Bancorp Inc's current Net Margin?

The current Net Margin for Hanover Bancorp Inc is 9.9%, which is below its 3-year median of 17.6%.

How has Net Margin changed over time?

Over the last 3 years, Hanover Bancorp Inc’s Net Margin has decreased from 19.3% to 9.9%. During this period, it reached a low of 9.9% on Jan 1, 2026 and a high of 23.1% on Sep 30, 2023.

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