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Hanover Bancorp (Hanover Bancorp) Cash per Share : $18.77 (As of Mar. 2024)


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What is Hanover Bancorp Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Hanover Bancorp's Cash per Share for the quarter that ended in Mar. 2024 was $18.77.

Hanover Bancorp Cash per Share Historical Data

The historical data trend for Hanover Bancorp's Cash 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 Cash per Share Chart

Hanover Bancorp Annual Data
Trend Sep20 Sep21 Sep22
Cash per Share
11.29 32.42 20.52

Hanover Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash 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 28.39 29.38 26.79 24.56 18.77

Hanover Bancorp Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Hanover Bancorp's Cash per Share for the fiscal year that ended in Sep. 2022 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=149.493/7.29
=20.52

Hanover Bancorp's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=135.95/7.24
=18.77

* 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  (NAS:HNVR) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Hanover Bancorp Cash per Share Related Terms

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Hanover Bancorp (Hanover Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hanover Bancorp Inc (NAS:HNVR) » Definitions » Cash per Share
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FNRN WMPN COSO OPBK MYFW UBFO FCCO PEBK PTRS EVBN CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
80 East Jericho Turnpike, Mineola, NY, USA, 11501
Website
https://www.hanoverbank.com
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