MetaCap

Hanover Bancorp (HNVR) vs SB Financial Group (SBFG)

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

Summary

SB Financial Group (SBFG) has outperformed Hanover Bancorp (HNVR) over the past year, gaining 53.4% versus a gain of 12.0%. SB Financial Group is the larger company by market cap ($184.1 million vs $175.5 million), about 1.0 times the size. On valuation, Hanover Bancorp trades at a lower forward P/E (8.1x vs 11.3x for SB Financial Group).

SB Financial Group offers the higher dividend yield (2.11% vs 1.61%).

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

Relative performance

HNVR+12.03%SBFG+53.36%
+64%+25%-13%
Oct 8, 20251 yearOct 8, 2026
HNVR+15.51%SBFG+67.02%
+75%+18%-40%
May 9, 20225 yearsOct 5, 2026

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

Head-to-head

HNVR versus SBFG key metrics
MetricHNVRSBFG
Share price$24.87$29.45
Market cap$175.47M$184.12M
1-day change-1.27%+1.46%
YTD return+7.62%+32.22%
1-year return+12.03%+53.36%
5-year return—+68.49%
P/E ratio (TTM)19.5811.03
Forward P/E8.1511.33
EPS (TTM)$1.27$2.67
Dividend yield1.61%2.11%
Annual dividend$0.40$0.62
52-week high$27.94$32.93
52-week low$19.91$18.16
Distance from 52-week high-10.99%-10.58%
Analyst consensusholdnone
Avg. price target upside+9.89%-1.51%
Average volume45.67K17.02K
Shares outstanding7.06M6.25M
Employees194258
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

  • SBFG has outperformed HNVR by 41.3 percentage points over the past year.
  • Hanover Bancorp trades at a higher earnings multiple (19.6x vs 11.0x trailing P/E).

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

About SB Financial Group

SBFG stock →

SB Financial Group, Inc. operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking, trust and wealth management services, and title insurance to individual and corporate customers primarily in Ohio, Indiana, and Michigan.

Finance · Major Banks · 258 employees

HNVR vs SBFG FAQ

Which is bigger, Hanover Bancorp or SB Financial Group?

SB Financial Group (SBFG) is larger, with a market capitalization of $184.12M compared with $175.47M for Hanover Bancorp (HNVR).

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

SBFG returned +53.36% over the past 12 months, compared with +12.03% for HNVR (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, HNVR or SBFG?

SBFG has the lower trailing P/E at 11.0, 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, Hanover Bancorp or SB Financial Group?

SB Financial Group has the higher yield at 2.11%, compared with 1.61% for Hanover Bancorp.

Are Hanover Bancorp and SB Financial Group in the same industry?

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

More comparisons