Hanover Bancorp Company Insiders

HNVR Stock  USD 16.26  0.20  1.22%   
Slightly above 87 percent of all Hanover Bancorp's insiders are aggressively buying. The analysis of insiders' sentiment of trading Hanover Bancorp stock suggests that quite a few insiders are very bullish at this time. Hanover Bancorp employs about 176 people. The company is managed by 15 executives with a total tenure of roughly 411 years, averaging almost 27.0 years of service per executive, having 11.73 employees per reported executive.

Hanover Bancorp's Insider Buying Vs Selling

87

 
Selling
 
Buying

Latest Trades

2024-05-02Lance P BurkeAcquired 200 @ 16.57View
2024-04-30Michael P PuorroAcquired 500 @ 16.6View
2024-04-24John P VivonaAcquired 200 @ 16.79View
2024-04-22Mcclelland W WilcoxAcquired 200 @ 16.91View
2024-01-31Robert GoldenAcquired 500 @ 18View
2024-01-29Michael David M.D. KatzAcquired 700 @ 18.02View
2023-12-08Philip A OkunDisposed 1124 @ 17.75View
2023-11-08Elena SistiAcquired 265 @ 18View
Monitoring Hanover Bancorp's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanover Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Hanover Stock, please use our How to Invest in Hanover Bancorp guide.

Hanover Bancorp Management Team Effectiveness

At this time, Hanover Bancorp's Return On Tangible Assets are relatively stable compared to the past year. As of 06/08/2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.0009. At this time, Hanover Bancorp's Other Current Assets are relatively stable compared to the past year. As of 06/08/2024, Return On Tangible Assets is likely to grow to 0.01, while Other Assets are likely to drop slightly above 1.2 B. Hanover Bancorp's management efficiency ratios could be used to measure how well Hanover Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.

Hanover Bancorp Quarterly Income Before Tax

5.41 Million

As of 06/08/2024, Net Income Applicable To Common Shares is likely to grow to about 28.4 M, while Common Stock Shares Outstanding is likely to drop slightly above 5.8 M.

Hanover Bancorp Workforce Comparison

Hanover Bancorp is rated # 4 in number of employees category among its peers. The total workforce of Financials industry is currently estimated at about 2,559. Hanover Bancorp holds roughly 176 in number of employees claiming about 7% of equities under Financials industry.

Hanover Bancorp Profit Margins

The company has Profit Margin (PM) of 0.23 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.35 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.35.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.720.81
Fairly Down
Slightly volatile
Net Profit Margin0.20.22
Significantly Down
Pretty Stable
Operating Profit Margin0.02390.0252
Notably Down
Pretty Stable
Pretax Profit Margin0.270.29
Significantly Down
Pretty Stable
Return On Assets0.00680.0063
Notably Up
Slightly volatile
Return On Equity0.07720.0734
Sufficiently Up
Slightly volatile

Hanover Bancorp Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hanover Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hanover Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Hanover Bancorp insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-06-01
13.0
13
1
 11,607 
 7,057 
2024-03-01
2.4286
17
7
 54,690 
 17,519 
2023-12-01
0.8333
5
6
 44,665 
 53,307 
2023-03-01
4.3333
13
3
 35,753 
 2,103 
2022-12-01
1.0
1
1
 3,557 
 3,557 
2022-06-01
0.9412
16
17
 66,320 
 0.00 

Hanover Bancorp Notable Stakeholders

A Hanover Bancorp stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Hanover Bancorp often face trade-offs trying to please all of them. Hanover Bancorp's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Hanover Bancorp's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Raffaella PalazzoCOO PresidentProfile
McClelland WilcoxPresident OfficerProfile
Lance BurkeExecutive CFOProfile
Michael LocorriereExecutive OfficerProfile
Michael CPACEO ChairmanProfile
Brian FinneranPresidentProfile
Lisa DilorioFirst OfficerProfile
Alice RouseEx OfficerProfile
Joseph BurnsExecutive OfficerProfile
Lisa DiiorioFirst OfficerProfile
Michelle MihasSenior SecretaryProfile
Kevin CorbettExecutive OfficerProfile
Elijiah GrayFirst BankingProfile
John VivonaFirst OfficerProfile
Ray SanchezFirst OfficerProfile

About Hanover Bancorp Management Performance

The success or failure of an entity such as Hanover Bancorp often depends on how effective the management is. Hanover Bancorp management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Hanover management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Hanover management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Assets 0.01  0.01 
Return On Equity 0.07  0.08 
The data published in Hanover Bancorp's official financial statements typically reflect Hanover Bancorp's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Hanover Bancorp's quantitative information. For example, before you start analyzing numbers published by Hanover accountants, it’s essential to understand Hanover Bancorp's liquidity, profitability, and earnings quality within the context of the Banks space in which it operates.
Please note, the imprecision that can be found in Hanover Bancorp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hanover Bancorp. Check Hanover Bancorp's Beneish M Score to see the likelihood of Hanover Bancorp's management manipulating its earnings.

Hanover Bancorp Workforce Analysis

Traditionally, organizations such as Hanover Bancorp use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Hanover Bancorp within its industry.

Hanover Bancorp Manpower Efficiency

Return on Hanover Bancorp Manpower

Revenue Per Employee359.9K
Revenue Per Executive4.2M
Net Income Per Employee86.2K
Net Income Per Executive1M

Additional Tools for Hanover Stock Analysis

When running Hanover Bancorp's price analysis, check to measure Hanover Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Bancorp is operating at the current time. Most of Hanover Bancorp's value examination focuses on studying past and present price action to predict the probability of Hanover Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Bancorp's price. Additionally, you may evaluate how the addition of Hanover Bancorp to your portfolios can decrease your overall portfolio volatility.