MetaCap

BayFirst Financial (BAFN) vs Hanover Bancorp (HNVR)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Hanover Bancorp (HNVR) has outperformed BayFirst Financial (BAFN) over the past year, gaining 12.0% versus a loss of 33.4%. BayFirst Financial is the larger company by market cap ($181.5 million vs $172.5 million), about 1.1 times the size. Hanover Bancorp pays a dividend yielding 1.64%, while BayFirst Financial does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BAFN-33.40%HNVR+12.03%
+29%-15%-59%
Oct 8, 20251 yearOct 8, 2026
BAFN-58.03%HNVR+15.51%
+40%-17%-74%
May 9, 20225 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BAFN versus HNVR key metrics
MetricBAFNHNVR
Share price$6.73$24.45
Market cap$181.46M$172.51M
1-day change+0.15%-1.69%
YTD return-14.39%+7.62%
1-year return-33.40%+12.03%
5-year return-77.06%—
P/E ratio (TTM)—19.25
Forward P/E—8.01
EPS (TTM)$-11.42$1.27
Dividend yield0.00%1.64%
Annual dividend$0.00$0.40
52-week high$10.38$27.94
52-week low$4.26$19.91
Distance from 52-week high-35.16%-12.49%
Analyst consensus—hold
Avg. price target upside—+11.78%
Average volume85.22K45.67K
Shares outstanding26.96M7.06M
Employees148194
SectorFinanceFinance
IndustryMajor BanksMajor Banks

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • HNVR has outperformed BAFN by 45.4 percentage points over the past year.
  • Hanover Bancorp offers a meaningfully higher dividend yield (1.64% vs 0.00%).

About BayFirst Financial

BAFN stock →

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for small and medium sized businesses and individuals.

Finance · Major Banks · 148 employees

About Hanover Bancorp

HNVR stock →

Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals.

Finance · Major Banks · 194 employees

BAFN vs HNVR FAQ

Which is bigger, BayFirst Financial or Hanover Bancorp?

BayFirst Financial (BAFN) is larger, with a market capitalization of $181.46M compared with $172.51M for Hanover Bancorp (HNVR).

Which stock has performed better over the past year, BAFN or HNVR?

HNVR returned +12.03% over the past 12 months, compared with -33.40% for BAFN (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, BayFirst Financial or Hanover Bancorp?

Hanover Bancorp pays a dividend yielding 1.64%, while BayFirst Financial does not currently pay a regular dividend.

Are BayFirst Financial and Hanover Bancorp in the same industry?

Yes. Both are classified in the Major Banks industry within the Finance sector.

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