HNVR (Hanover Bancorp) ROE % Adjusted to Book Value: 9.69% (As of Jun. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HNVR Hanover Bancorp Inc HNVR
67 GF Score
Price $26.94
GF Value $23.04
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hanover Bancorp ROE % Adjusted to Book Value?

Hanover Bancorp HNVR -0.04% 67 ROE % Adjusted to Book Value is 9.69% as of Jun. 2026. GuruFocus rates HNVR with a GF Score™ of 67/100 and a GF Value™ of $23.04 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Hanover Bancorp's ROE % for the quarter that ended in Jun. 2026 was 8.04%. Hanover Bancorp's PB Ratio for the quarter that ended in Jun. 2026 was 0.83. Hanover Bancorp's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2026 was 9.69%.


Hanover Bancorp ROE % Adjusted to Book Value Related Terms


Hanover Bancorp ROE % Adjusted to Book Value Historical Data

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The historical data trend for Hanover Bancorp's ROE % Adjusted to Book Value 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.

Hanover Bancorp ROE % Adjusted to Book Value Chart

Hanover Bancorp Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 0.00 19.70 11.92 7.50 4.49

Hanover Bancorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROE % Adjusted to Book Value 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 Premium Member Only Premium Member Only Premium Member Only 5.81 8.50 0.08 4.72 9.69

HNVR vs PFLC, TRCY, MSWV: ROE % Adjusted to Book Value Comparison

For the Banks - Regional subindustry, Hanover Bancorp's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Hanover Bancorp's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Hanover Bancorp's ROE % Adjusted to Book Value falls into.


HNVR
67GF Score
Hanover Bancorp Inc HNVR
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Hanover Bancorp ROE % Adjusted to Book Value Calculation

Hanover Bancorp's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=3.77% / 0.84
=4.49%

Hanover Bancorp's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.04% / 0.83
=9.69%

* 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.

What does a ROE % Adjusted to Book Value of 9.69% mean?
Hanover Bancorp (HNVR) has a ROE % Adjusted to Book Value of 9.69% as of Jun. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hanover Bancorp and its competitors.
Is Hanover Bancorp's ROE % Adjusted to Book Value too high?
Hanover Bancorp's current ROE % Adjusted to Book Value is 9.69%. Overall, Hanover Bancorp has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanover Bancorp's ROE % Adjusted to Book Value compare to PFLC and TRCY?
Hanover Bancorp's ROE % Adjusted to Book Value of 9.69% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hanover Bancorp and its competitors. Hanover Bancorp's current ROE % Adjusted to Book Value is 9.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanover Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Hanover Bancorp (HNVR) is currently considered Modestly Overvalued. The stock's GF Value™ is $23.04, compared to a current price of $26.94 — trading 16.9% above its estimated fair value. The current ROE % Adjusted to Book Value is 9.69%. Hanover Bancorp's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Hanover Bancorp (HNVR), the current ROE % Adjusted to Book Value is 9.69% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hanover Bancorp (HNVR) Overvalued in 2026?

Based on GuruFocus' analysis, Hanover Bancorp stock appears to be overvalued. The current stock price of $26.94 is trading 16.9% above its estimated GF Value™ of $23.04. GuruFocus considers Hanover Bancorp to be Modestly Overvalued.

Key valuation signals for HNVR:

  • ROE % Adjusted to Book Value: 9.69%
  • GF Value™: $23.04 vs. price of $26.94 (16.9% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the HNVR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanover Bancorp Business Description

Address 80 East Jericho Turnpike, Mineola, NY, USA, 11501
Hanover Bancorp Inc is a community commercial bank focused on providing personalized and efficient services and products tailored to local needs. The Bank offers a full range of financial services, including a complete suite of consumer, commercial, and municipal banking products such as multifamily and commercial mortgages, government-guaranteed loans, residential loans, business loans, and lines of credit. In addition, it provides customers with access to 24-hour ATM services with no fees, interest-bearing free checking accounts, telephone banking, mobile and internet banking solutions for both consumer and business clients, and safe deposit boxes.
67GF Score

Get the complete analysis for HNVR

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.94
Price
$23.04
GF Value