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Hanover Bancorp Valuation Multiples
Discover revenue and EBITDA valuation multiples for Hanover Bancorp and similar public comparables like ECB Bancorp, Banca Sistema, Landmark Bancorp, First Guaranty Bancshares and more.
Hanover Bancorp Overview
About Hanover Bancorp
Hanover Bancorp Inc is a United States-based banking company. It offers a full range of financial services and employs a complete suite of consumer and commercial banking products and services, including multi-family and commercial mortgages, residential loans, business loans, and lines of credit.
Founded
2015
HQ
Employees
185
Website
Sectors
Financials (LTM)
EV
$303M
Hanover Bancorp Financials
Hanover Bancorp reported last 12-month revenue of $76M.
In the same LTM period, Hanover Bancorp generated $11M in net income.
Revenue (LTM)
Hanover Bancorp P&L
In the most recent fiscal year, Hanover Bancorp reported revenue of $73M and net income of $7M.
Hanover Bancorp expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $76M | XXX | $73M | XXX | XXX | XXX |
| EBIT Margin | 33% | XXX | 32% | XXX | XXX | XXX |
| Net Profit | $11M | XXX | $7M | XXX | XXX | XXX |
| Net Margin | 14% | XXX | 10% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Hanover Bancorp Stock Performance
Hanover Bancorp has current market cap of $162M, and enterprise value of $303M.
Market Cap Evolution
Hanover Bancorp's stock price is $22.55.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $303M | $162M | 1.3% | XXX | XXX | XXX | $1.04 |
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Start Free TrialHanover Bancorp Valuation Multiples
Hanover Bancorp trades at 4.0x EV/Revenue multiple.
EV / Revenue (LTM)
Hanover Bancorp Financial Valuation Multiples
As of April 11, 2026, Hanover Bancorp has market cap of $162M and EV of $303M.
Equity research analysts estimate Hanover Bancorp's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Hanover Bancorp has a P/E ratio of 15.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $162M | XXX | $162M | XXX | XXX | XXX |
| EV (current) | $303M | XXX | $303M | XXX | XXX | XXX |
| EV/Revenue | 4.0x | XXX | 4.1x | XXX | XXX | XXX |
| EV/EBIT | 12.0x | XXX | 13.0x | XXX | XXX | XXX |
| P/E | 15.4x | XXX | 21.6x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 24.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Hanover Bancorp Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Hanover Bancorp Margins & Growth Rates
Hanover Bancorp's revenue in the last 12 month grew by 12%.
Hanover Bancorp's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.3M for the same period.
Hanover Bancorp Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | 13% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 40% | XXX | XXX | XXX |
| Opex to Revenue | 67% | XXX | 68% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Hanover Bancorp Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| ECB Bancorp | XXX | XXX | XXX | XXX | XXX | XXX |
| Banca Sistema | XXX | XXX | XXX | XXX | XXX | XXX |
| Landmark Bancorp | XXX | XXX | XXX | XXX | XXX | XXX |
| First Guaranty Bancshares | XXX | XXX | XXX | XXX | XXX | XXX |
| Patriot Ntl Bancorp | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Hanover Bancorp M&A Activity
Hanover Bancorp acquired XXX companies to date.
Last acquisition by Hanover Bancorp was on XXXXXXXX, XXXXX. Hanover Bancorp acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Hanover Bancorp
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialHanover Bancorp Investment Activity
Hanover Bancorp invested in XXX companies to date.
Hanover Bancorp made its latest investment on XXXXXXXX, XXXXX. Hanover Bancorp invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Hanover Bancorp
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Hanover Bancorp
| When was Hanover Bancorp founded? | Hanover Bancorp was founded in 2015. |
| Where is Hanover Bancorp headquartered? | Hanover Bancorp is headquartered in United States. |
| How many employees does Hanover Bancorp have? | As of today, Hanover Bancorp has over 185 employees. |
| Who is the CEO of Hanover Bancorp? | Hanover Bancorp's CEO is Michael P. Puorro. |
| Is Hanover Bancorp publicly listed? | Yes, Hanover Bancorp is a public company listed on Nasdaq. |
| What is the stock symbol of Hanover Bancorp? | Hanover Bancorp trades under HNVR ticker. |
| When did Hanover Bancorp go public? | Hanover Bancorp went public in 2022. |
| Who are competitors of Hanover Bancorp? | Hanover Bancorp main competitors are ECB Bancorp, Banca Sistema, Landmark Bancorp, First Guaranty Bancshares. |
| What is the current market cap of Hanover Bancorp? | Hanover Bancorp's current market cap is $162M. |
| What is the current revenue of Hanover Bancorp? | Hanover Bancorp's last 12 months revenue is $76M. |
| What is the current revenue growth of Hanover Bancorp? | Hanover Bancorp revenue growth (NTM/LTM) is 12%. |
| What is the current EV/Revenue multiple of Hanover Bancorp? | Current revenue multiple of Hanover Bancorp is 4.0x. |
| Is Hanover Bancorp profitable? | Yes, Hanover Bancorp is net-income-positive (as of the last 12 months). |
| What is the current net income of Hanover Bancorp? | Hanover Bancorp's last 12 months net income is $11M. |
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