Hanover Bank Revenue, Growth & Competitor Profile

DBA Hanover Bancorp, Inc. /NY

Company Profile & Annual Report for Hanover Bank

Access the complete profile.

Hanover Bank Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	53221 Consumer Electronics & Appliances Rental
Address	80 East Jericho Turnpike Mineola, NY 11501

Note: Revenues for privately held companies are statistical evaluations.


Hanover Bank's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Hanover Bank's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Hanover Bank is classified as operating in the Consumer Electronics & Appliances Rental industry, NAICS Code 53221.

Hanover Bank Annual Revenue and Growth Rate

Hanover Bank	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Hanover Bank's revenues are gauged from an analysis of company filings.

Hanover Bank's Income Statement (based on Industry Averages)

Hanover Bank P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Hanover Bank has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
October 16, 2020	8	100%	$25 MM
Complete list of funding rounds and total amounts in the Company Report

Market Share of Hanover Bank's Largest Competitors

A competitive analysis shows these companies are in the same general field as Hanover Bank, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
SKC ENTERPRISES INC. DBA RENT ONE	St. Louis, MO	100
DUDE ABIDES	Memphis, TN	66
MARKEY'S AUDIO/VISUAL	Indianapolis, IN	60
ADVENTURE INVESTMENTS	San Jose, CA	55
AFFORDABLE RENT TO OWN	Lafayette, LA	53
TAYLOR CREATIVE	New York, NY	50
FULL-O-PEP APPLIANCES	Bloomington, IN	48
BUDDY'S NEWCO	Tampa, FL	47
NEP BEXEL	Van Nuys, CA	46

Nearby Competitors

These companies are similar in business line and location to Hanover Bank. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
HANOVER BANK	Mineola, NY	100
EVENT RENTALS GROUP	Westbury, NY	19
ELITE TENT & PARTY RENTAL	Port Washington, NY	8
NEAT HEAT CLIMATE CONTROLL	Island Park, NY	7

Future Competition: Hanover Bank's Fastest Growing Competitors

These companies are in the same general field as Hanover Bank and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)