Finward Bancorp (FNWD) vs Hanover Bancorp (HNVR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Finward Bancorp (FNWD) has outperformed Hanover Bancorp (HNVR) over the past year, gaining 29.5% versus a gain of 11.3%. Finward Bancorp is the larger company by market cap ($178.3 million vs $172.7 million), about 1.0 times the size. On valuation, Hanover Bancorp trades at a lower forward P/E (8.0x vs 13.2x for Finward Bancorp).
Hanover Bancorp offers the higher dividend yield (1.63% vs 1.17%).
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 | FNWD | HNVR |
|---|---|---|
| Share price | $41.17 | $24.48 |
| Market cap | $178.30M | $172.72M |
| 1-day change | -1.13% | -1.57% |
| YTD return | +16.99% | +5.93% |
| 1-year return | +29.47% | +11.27% |
| 5-year return | -1.86% | — |
| P/E ratio (TTM) | 18.14 | 19.58 |
| Forward P/E | 13.15 | 8.02 |
| EPS (TTM) | $2.27 | $1.25 |
| Dividend yield | 1.17% | 1.63% |
| Annual dividend | $0.48 | $0.40 |
| 52-week high | $45.90 | $27.94 |
| 52-week low | $30.05 | $19.91 |
| Distance from 52-week high | -10.31% | -12.38% |
| Analyst consensus | none | hold |
| Avg. price target upside | -7.70% | +11.64% |
| Average volume | 16.71K | 45.55K |
| Shares outstanding | 4.33M | 7.06M |
| Employees | 296 | 194 |
| Sector | Finance | Finance |
| Industry | Savings Institutions | 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
- FNWD has outperformed HNVR by 18.2 percentage points over the past year.
About Finward Bancorp
FNWD stock →Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.
Finance · Savings Institutions · 296 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
FNWD vs HNVR FAQ
Which is bigger, Finward Bancorp or Hanover Bancorp?
Finward Bancorp (FNWD) is larger, with a market capitalization of $178.30M compared with $172.72M for Hanover Bancorp (HNVR).
Which stock has performed better over the past year, FNWD or HNVR?
FNWD returned +29.47% over the past 12 months, compared with +11.27% for HNVR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FNWD or HNVR?
FNWD has the lower trailing P/E at 18.1, versus 19.6 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, Finward Bancorp or Hanover Bancorp?
Hanover Bancorp has the higher yield at 1.63%, compared with 1.17% for Finward Bancorp.
Are Finward Bancorp and Hanover Bancorp in the same industry?
Both are in the Finance sector, but in different industries: Savings Institutions for Finward Bancorp and Major Banks for Hanover Bancorp.