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Hanover Bancorp (Hanover Bancorp) Book Value per Share : $25.76 (As of Mar. 2024)


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What is Hanover Bancorp Book Value per Share?

Hanover Bancorp's book value per share for the quarter that ended in Mar. 2024 was $25.76.

During the past 12 months, Hanover Bancorp's average Book Value Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 32.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 3 years, the highest 3-Year average Book Value Per Share Growth Rate of Hanover Bancorp was 32.40% per year. The lowest was 32.40% per year. And the median was 32.40% per year.

Hanover Bancorp's current price is $16.50. Its book value per share for the quarter that ended in Mar. 2024 was $25.76. Hence, today's PB Ratio of Hanover Bancorp is 0.64.

During the past 3 years, the highest P/B Ratio of Hanover Bancorp was 1.15. The lowest was 0.55. And the median was 0.73.


Hanover Bancorp Book Value per Share Historical Data

The historical data trend for Hanover Bancorp's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hanover Bancorp Book Value per Share Chart

Hanover Bancorp Annual Data
Trend Sep20 Sep21 Sep22
Book Value per Share
10.98 26.27 23.69

Hanover Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.73 25.03 25.51 25.28 25.76

Competitive Comparison of Hanover Bancorp's Book Value per Share

For the Banks - Regional subindustry, Hanover Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hanover Bancorp's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hanover Bancorp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hanover Bancorp's PB Ratio falls into.



Hanover Bancorp Book Value per Share Calculation

Hanover Bancorp's Book Value Per Share for the fiscal year that ended in Sep. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(172.58-0.00)/7.29
=23.69

Hanover Bancorp's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(189.54-2.96)/7.24
=25.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Hanover Bancorp  (NAS:HNVR) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Hanover Bancorp Book Value per Share Related Terms

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Hanover Bancorp (Hanover Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
80 East Jericho Turnpike, Mineola, NY, USA, 11501
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.
Executives
Philip A Okun director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Elena Sisti director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
John P Vivona officer: FSVP & Chief Risk Officer C/O HANOVER BANCORP, INC., 80 E JERICHO TURNPIKE, MINEOLA NY 11501
Katz Michael David M.d. director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Alice T Rouse officer: EVP & Chief Risk Officer C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Kevin Corbett officer: EVP & Chief Credit Officer C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Mcclelland W Wilcox officer: SEVP, C.Lending & Revenue Off. C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
John R Sorrenti director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Metin Negrin director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Ahron H Haspel director 220 EAST 65TH STREET, APT. 24G, NEW YORK NY 10065-6629
Lance P Burke officer: EVP & Chief Financial Officer C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Lisa A Diiorio officer: FSVP & Chief Accounting Off. C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Varkey Abraham director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Robert Golden director C/O GOLDEN PROPERTIES GROUP, LLC, 420 DOUGHTY BLVD., INWOOD NY 11096
Brian K Finneran officer: President C/O SUFFOLK BANCORP, 4 WEST SECOND STREET, P.O. BOX 9000, RIVERHEAD NY 11901