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Side-by-side financial comparison of Hanover Bancorp, Inc. (HNVR) and PEDEVCO CORP (PED). Click either name above to swap in a different company.

PEDEVCO CORP is the larger business by last-quarter revenue ($23.1M vs $18.6M, roughly 1.2× Hanover Bancorp, Inc.). Hanover Bancorp, Inc. runs the higher net margin — 0.2% vs -36.8%, a 37.0% gap on every dollar of revenue. On growth, PEDEVCO CORP posted the faster year-over-year revenue change (118.2% vs 3.3%). Over the past eight quarters, PEDEVCO CORP's revenue compounded faster (68.6% CAGR vs 6.1%).

Hanover Bancorp, Inc. is a U.S. regional bank holding company based in Maryland. It offers retail and commercial banking services including deposits, business loans, mortgages, personal lending and wealth management, serving consumers, SMEs and local groups across Maryland and adjacent mid-Atlantic markets.

PEDEVCO Corp is an independent energy company specializing in the acquisition, exploration, development, and production of oil and natural gas assets. It primarily holds and operates onshore resource properties across continental US basins, serving domestic wholesale, utility, and industrial energy customer segments.

HNVR vs PED — Head-to-Head

Bigger by revenue
PED
PED
1.2× larger
PED
$23.1M
$18.6M
HNVR
Growing faster (revenue YoY)
PED
PED
+114.9% gap
PED
118.2%
3.3%
HNVR
Higher net margin
HNVR
HNVR
37.0% more per $
HNVR
0.2%
-36.8%
PED
Faster 2-yr revenue CAGR
PED
PED
Annualised
PED
68.6%
6.1%
HNVR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HNVR
HNVR
PED
PED
Revenue
$18.6M
$23.1M
Net Profit
$33.0K
$-8.5M
Gross Margin
Operating Margin
0.7%
-21.3%
Net Margin
0.2%
-36.8%
Revenue YoY
3.3%
118.2%
Net Profit YoY
-99.2%
-243.5%
EPS (diluted)
$0.00
$-2.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HNVR
HNVR
PED
PED
Q4 25
$18.6M
$23.1M
Q3 25
$18.0M
$7.0M
Q2 25
$18.4M
$7.0M
Q1 25
$18.4M
$8.7M
Q4 24
$18.0M
$10.6M
Q3 24
$17.1M
$9.1M
Q2 24
$16.9M
$11.8M
Q1 24
$16.5M
$8.1M
Net Profit
HNVR
HNVR
PED
PED
Q4 25
$33.0K
$-8.5M
Q3 25
$3.5M
$-325.0K
Q2 25
$2.4M
$-1.7M
Q1 25
$1.5M
$140.0K
Q4 24
$3.9M
$5.9M
Q3 24
$3.5M
$2.9M
Q2 24
$844.0K
$2.7M
Q1 24
$4.1M
$773.0K
Operating Margin
HNVR
HNVR
PED
PED
Q4 25
0.7%
-21.3%
Q3 25
25.9%
-12.0%
Q2 25
18.4%
-32.2%
Q1 25
9.6%
1.7%
Q4 24
28.9%
-12.9%
Q3 24
27.1%
31.3%
Q2 24
6.9%
22.3%
Q1 24
32.7%
7.6%
Net Margin
HNVR
HNVR
PED
PED
Q4 25
0.2%
-36.8%
Q3 25
19.4%
-4.7%
Q2 25
13.3%
-24.0%
Q1 25
8.3%
1.6%
Q4 24
21.7%
56.0%
Q3 24
20.7%
32.2%
Q2 24
5.0%
22.7%
Q1 24
24.6%
9.5%
EPS (diluted)
HNVR
HNVR
PED
PED
Q4 25
$0.00
$-2.23
Q3 25
$0.47
$0.00
Q2 25
$0.33
$-0.02
Q1 25
$0.20
$0.00
Q4 24
$0.52
$2.69
Q3 24
$0.48
$0.03
Q2 24
$0.11
$0.03
Q1 24
$0.55
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HNVR
HNVR
PED
PED
Cash + ST InvestmentsLiquidity on hand
$208.9M
$3.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$200.3M
$207.4M
Total Assets
$2.4B
$375.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HNVR
HNVR
PED
PED
Q4 25
$208.9M
$3.2M
Q3 25
$167.6M
$10.9M
Q2 25
$164.5M
$8.5M
Q1 25
$160.2M
$10.4M
Q4 24
$162.9M
$4.0M
Q3 24
$141.2M
$4.6M
Q2 24
$141.1M
$6.1M
Q1 24
$136.5M
$13.3M
Stockholders' Equity
HNVR
HNVR
PED
PED
Q4 25
$200.3M
$207.4M
Q3 25
$201.8M
$115.4M
Q2 25
$198.9M
$115.2M
Q1 25
$196.6M
$116.2M
Q4 24
$196.6M
$115.6M
Q3 24
$192.3M
$106.5M
Q2 24
$190.1M
$103.2M
Q1 24
$189.5M
$100.0M
Total Assets
HNVR
HNVR
PED
PED
Q4 25
$2.4B
$375.9M
Q3 25
$2.3B
$135.9M
Q2 25
$2.3B
$136.8M
Q1 25
$2.3B
$145.6M
Q4 24
$2.3B
$128.3M
Q3 24
$2.3B
$114.3M
Q2 24
$2.3B
$111.0M
Q1 24
$2.3B
$118.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HNVR
HNVR
PED
PED
Operating Cash FlowLast quarter
$13.1M
$-2.1M
Free Cash FlowOCF − Capex
$12.2M
FCF MarginFCF / Revenue
65.5%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
395.48×
TTM Free Cash FlowTrailing 4 quarters
$16.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HNVR
HNVR
PED
PED
Q4 25
$13.1M
$-2.1M
Q3 25
$2.7M
$7.4M
Q2 25
$-2.1M
$-420.0K
Q1 25
$4.1M
$5.9M
Q4 24
$5.4M
$4.2M
Q3 24
$-547.0K
$8.3M
Q2 24
$-3.1M
$4.6M
Q1 24
$3.6M
$-4.3M
Free Cash Flow
HNVR
HNVR
PED
PED
Q4 25
$12.2M
Q3 25
$2.4M
Q2 25
$-2.2M
Q1 25
$3.9M
Q4 24
$4.1M
Q3 24
$-876.0K
Q2 24
$-4.5M
Q1 24
$3.3M
FCF Margin
HNVR
HNVR
PED
PED
Q4 25
65.5%
Q3 25
13.5%
Q2 25
-11.7%
Q1 25
21.2%
Q4 24
23.1%
Q3 24
-5.1%
Q2 24
-26.9%
Q1 24
19.9%
Capex Intensity
HNVR
HNVR
PED
PED
Q4 25
4.7%
Q3 25
1.8%
Q2 25
0.5%
Q1 25
1.2%
Q4 24
7.2%
Q3 24
1.9%
Q2 24
8.6%
Q1 24
1.9%
Cash Conversion
HNVR
HNVR
PED
PED
Q4 25
395.48×
Q3 25
0.79×
Q2 25
-0.84×
Q1 25
2.70×
42.34×
Q4 24
1.39×
0.71×
Q3 24
-0.15×
2.83×
Q2 24
-3.68×
1.71×
Q1 24
0.89×
-5.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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