Hanover Bancorp, Inc. (HNVR) vs SB Financial Group, Inc. (SBFG)

A side-by-side comparison of Hanover Bancorp, Inc. and SB Financial Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

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Total return — HNVR vs SBFG

growth of $100 · dividends reinvested · last 4y
HNVR +33.0% (+7.4%/yr)SBFG +82.0% (+16.2%/yr)SBFG compounded faster over this window
100150Start $1002023202420252026$133$182
HNVR SBFG

HNVR vs SBFG: by the numbers

  • •SBFG is the larger company ($185M vs $182M market cap).
  • •SBFG trades at the lower trailing earnings multiple (11.00 vs 19.94 P/E), one valuation lens rather than an overall verdict.
  • •SBFG converts more revenue to profit (17.67% vs 7.11% net margin).
  • •HNVR grew revenue faster over the past five years (25.69% vs 3.72% CAGR).
  • •SBFG pays the higher dividend yield (2.12% vs 1.56%).

Metrics side by side

Valuation

MetricHNVRSBFG
P/E ratio19.9411.00
Forward P/E10.7411.52
PEG ratioN/A3.43
P/S ratio1.371.95
P/B ratioN/A1.26

Profitability

MetricHNVRSBFG
Operating margin3.72%21.85%
Net margin7.11%17.67%
ROE4.67%11.42%

Hanover Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

SB Financial Group, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricHNVRSBFG
Dividend yield1.56%2.12%
Payout ratio31.39%23.51%

Growth (annualized)

MetricHNVRSBFG
Revenue CAGR (5Y)25.69%3.72%
EPS CAGR (5Y)-3.26%3.21%
Total return CAGR (5Y)N/A14.08%

Frequently asked

Which has the lower trailing P/E, HNVR or SBFG?
SBFG has the lower trailing P/E: HNVR trades at 19.94 and SBFG at 11.00. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HNVR or SBFG?
Over the past five years, HNVR grew revenue faster — HNVR at a 25.69% CAGR versus SBFG at 3.72%.
Does HNVR or SBFG pay a bigger dividend?
HNVR yields 1.56% and SBFG yields 2.12% based on trailing dividends and the latest price.
Is HNVR or SBFG more profitable?
SBFG runs the higher net margin — HNVR at 7.11% versus SBFG at 17.67%.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.