FinWise Bancorp (FINW) 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 FinWise Bancorp (FINW) over the past year, gaining 12.0% versus a loss of 43.0%. Hanover Bancorp is the larger company by market cap ($173.6 million vs $150.6 million), about 1.2 times the size. On valuation, Hanover Bancorp trades at a lower forward P/E (8.1x vs 10.7x for FinWise Bancorp).
Hanover Bancorp pays a dividend yielding 1.63%, while FinWise Bancorp does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FINW | HNVR |
|---|---|---|
| Share price | $10.85 | $24.60 |
| Market cap | $150.63M | $173.56M |
| 1-day change | +0.28% | -1.09% |
| YTD return | -39.69% | +7.62% |
| 1-year return | -43.02% | +12.03% |
| P/E ratio (TTM) | 11.30 | 19.37 |
| Forward P/E | 10.71 | 8.06 |
| EPS (TTM) | $0.96 | $1.27 |
| Dividend yield | 0.00% | 1.63% |
| Annual dividend | $0.00 | $0.40 |
| 52-week high | $19.86 | $27.94 |
| 52-week low | $10.77 | $19.91 |
| Distance from 52-week high | -45.37% | -11.95% |
| Analyst consensus | none | hold |
| Avg. price target upside | +50.51% | +11.10% |
| Average volume | 30.31K | 45.67K |
| Shares outstanding | 13.88M | 7.06M |
| Employees | 206 | 194 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major 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 FINW by 55.0 percentage points over the past year.
- Hanover Bancorp trades at a higher earnings multiple (19.4x vs 11.3x trailing P/E).
- Hanover Bancorp offers a meaningfully higher dividend yield (1.63% vs 0.00%).
About FinWise Bancorp
FINW stock →FinWise Bancorp operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers in Utah. The company operates in three segments: Traditional Banking; BaaS and Treasury; and Administration.
Finance · Major Banks · 206 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
FINW vs HNVR FAQ
Which is bigger, FinWise Bancorp or Hanover Bancorp?
Hanover Bancorp (HNVR) is larger, with a market capitalization of $173.56M compared with $150.63M for FinWise Bancorp (FINW).
Which stock has performed better over the past year, FINW or HNVR?
HNVR returned +12.03% over the past 12 months, compared with -43.02% for FINW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FINW or HNVR?
FINW has the lower trailing P/E at 11.3, versus 19.4 for HNVR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, FinWise Bancorp or Hanover Bancorp?
Hanover Bancorp pays a dividend yielding 1.63%, while FinWise Bancorp does not currently pay a regular dividend.
Are FinWise Bancorp and Hanover Bancorp in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.