Hanover Bancorp (HNVR) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), Hanover Bancorp had a P/E ratio of 22.79 (up from 13.79), return on equity of 3.8% (down from 6.5%), debt-to-equity of 0.69 (down from 0.72) and return on assets of 0.3% (down from 0.5%). Its dividend yield was 1.72% with a payout ratio of 40.2%.

Hanover Bancorp Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Sep 2023	Sep 2022	Sep 2021
Valuation Ratios
P/E Ratio	22.79	13.79	8.90	6.16	-
Forward P/E	8.98	10.75	6.59	6.37	-
P/S Ratio	2.64	2.60	2.21	2.12	-
P/B Ratio	0.83	0.84	0.70	0.81	-
Price/Tangible Book	0.94	0.96	0.80	0.91	-
Price/FCF	13.64	39.76	10.00	5.82	-
Price/OCF	12.74	30.31	7.92	5.56	-
Enterprise Value Ratios
Profitability & Returns
Return on Equity (ROE)	3.77%	6.47%	8.46%	15.96%	10.82%
Return on Assets (ROA)	0.32%	0.54%	0.76%	1.42%	0.93%
Leverage & Solvency Ratios
Debt/Equity	0.69	0.72	1.16	0.73	1.50
Debt/FCF	11.25	34.34	16.57	5.27	16.57
Liquidity Ratios
Efficiency Ratios
Yield & Distribution Ratios
Earnings Yield	4.51%	7.49%	11.67%	16.89%	-
FCF Yield	7.33%	2.52%	10.00%	17.18%	-
Dividend Yield	1.72%	1.74%	0.55%	1.04%	-
Payout Ratio	40.18%	23.98%	19.31%	8.67%	-
Buyback Yield	-1.05%	-0.73%	-15.64%	-32.01%	-10.36%
Total Return	0.67%	1.00%	-15.08%	-30.96%	-10.36%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Hanover Bancorp Financial Ratios

What is Hanover Bancorp's P/E ratio?

Hanover Bancorp's P/E ratio was 22.79 for fiscal 2025 (period ended Dec 31, 2025). It was 13.79 a year earlier.

What is Hanover Bancorp's return on equity?

Hanover Bancorp's return on equity (ROE) was 3.8% for fiscal 2025 (period ended Dec 31, 2025). It was 6.5% a year earlier.

What is Hanover Bancorp's debt-to-equity ratio?

Hanover Bancorp's debt-to-equity ratio was 0.69 for fiscal 2025 (period ended Dec 31, 2025). It was 0.72 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition