Hanover Bancorp, Inc. /NY (HNVR) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: March 13, 2026

Risk Assessment Details

Potential Dilution: 39.39% of current shares
Recent Dilution: 1.65% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
7.3M
Potential Supply
2.9M
Additional shares possible
Splits
None
Past 2 years

Summary

HNVR currently has 7.26M outstanding shares. with moderate dilution risk from 2.86M authorized shares representing 39.4% potential dilution. The company has minimally diluted shareholders by 1.65% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 13, 2026

10-K filing | 7.3M shares outstanding

7.3M 2.9M
Nov 07, 2025

10-Q filing | 7.3M shares outstanding

7.3M 2.8M
May 09, 2025

10-Q filing | 7.2M shares outstanding

7.2M 2.9M
Mar 14, 2025

10-K filing | 7.2M shares outstanding

7.2M 2.9M
Nov 13, 2024

10-Q filing | 7.2M shares outstanding

7.2M 2.9M
Aug 13, 2024

10-Q filing | 7.2M shares outstanding

7.2M 3M
May 14, 2024

10-Q filing | 7.2M shares outstanding

7.2M 3M
Apr 26, 2024

8-K filing: Hanover Bancorp, Inc. entered into an Exchange Agreement with Castle Creek Capital Partners VIII, L.P., where the Company will issue 125,000 shares of Series A Preferred Stock in exchange for 125,000 shares of voting common stock held by Castle Creek.

7.1M 3M
Feb 16, 2024

S-3/A filing: Hanover Bancorp, Inc. is filing an S-3/A to offer a combination of common stock, preferred stock, warrants, debt securities, depositary shares and units up to a maximum aggregate offering price of $50,000,000.

7.1M 3M
Jan 24, 2024

S-3 filing: Hanover Bancorp, Inc. may offer and sell common stock, preferred stock, warrants, debt securities, depositary shares, and units up to a maximum aggregate offering price of $50,000,000.

7.1M 3M
Dec 21, 2023

10-K filing | 7.1M shares outstanding

7.1M 110K
Oct 05, 2023

8-K filing: Hanover Bancorp, Inc. authorized a share repurchase program for up to 366,050 shares, representing approximately 5% of its outstanding common stock.

7.1M 81K
Aug 11, 2023

10-Q filing | 7.1M shares outstanding

7.1M 81K
May 12, 2023

10-Q filing | 7.1M shares outstanding

7.1M 120K
Feb 13, 2023

10-Q filing | 7.1M shares outstanding

7.1M 120K
Dec 23, 2022

10-K filing | 6.1M shares outstanding

6.1M 1.2M
Aug 12, 2022

10-Q filing | 6.7M shares outstanding

6.7M 530K
Jun 06, 2022

8-K filing: Hanover Bancorp, Inc. closed its initial public offering of 1,275,000 shares of its Common Stock at a price of $21.00 per share and subsequently the Underwriters exercised their overallotment option for an additional 191,250 shares of common stock at the price of $21.00 per share. ($30.79M proceeds)

5.8M 1.4M
May 16, 2022

10-Q filing | 5.8M shares outstanding

5.8M 1.4M
May 13, 2022

8-K filing: Hanover Bancorp, Inc. closed its initial public offering of 1,275,000 shares of common stock at $21.00 per share, resulting in gross proceeds of approximately $26.8 million. ($26.8M proceeds)

7.2M 33K
May 04, 2022

S-1/A filing: This S-1/A filing describes an offering of 1,363,636 shares of common stock, with an additional 204,545 shares available for purchase by the underwriters to cover over-allotments. The company has applied to list its common stock on the Nasdaq Global Select Market under the trading symbol 'HNVR'.

7.2M 33K
Feb 23, 2022

S-1 filing: S-1 filing for common stock offering, planning to list on NASDAQ Global Select Market under symbol 'HNVR'.

5.7M 0
Feb 07, 2022

10-Q filing | 5.7M shares outstanding

5.7M 0
Dec 23, 2021

10-K filing | 5.6M shares outstanding

5.6M 0
Aug 18, 2021

10-Q filing | 5.6M shares outstanding

5.6M 0
Jun 02, 2021

10-Q filing | 4.2M shares outstanding

4.2M 0
May 27, 2021

8-K filing: Hanover Bancorp, Inc. completed its acquisition of Savoy Bank on May 26, 2021, with each share of Savoy common stock converted into the right to receive $3.246 in cash and 0.141 shares of Hanover common stock.

N/A 0
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