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Andover Bancorp(OTC) ANDC

Current Price$20.05
Market Cap$45.81MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1997)-91%
5 Year+33%
1 Year+8%
1 Month-0%
Andover Bancorp last closing stock price
MetricPriceDate
Last closeUSD 20.052026-07-23
Andover Bancorp stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.05%USD 20.062026-07-16
1 month-0.25%USD 20.102026-06-17
3 month+0.25%USD 20.002026-04-23
Year to date+8.09%USD 18.552025-12-31
1 year+8.31%USD 18.512025-07-17
3 year+12.23%USD 17.872023-07-24
5 year+32.56%USD 15.132021-07-16
Since inception-91.49%USD 235.541997-05-08

Andover Bancorp Financials at a Glance

Market Cap

$45.81MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$41.64M

Net Income (TTM)

$8.76M

EPS (TTM)

$0.00

P/E Ratio

11.13

Dividend

$0.76

Beta (Volatility)

0.00 (Low)

Price

$20.05

Volume

500

Open

$20.05

Previous Close

$20.05

Daily Range

$20.05 - $20.05

52-Week Range

$18.10 - $21.00

Estimated Earnings Date

N/A

ANDC News

No articles available.

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About Andover Bancorp

Andover Bancorp, Inc. operates as the holding company for Andover Bank, providing a wide range of banking solutions to individual and commercial clients. Established in 1884 and headquartered in Andover, Ohio, the company maintains a strong local presence through its network of ten branches.

Products and Services
  • Diverse deposit products including checking and savings accounts
  • Comprehensive lending portfolio featuring mortgages and business credit facilities
  • Investment opportunities and insurance products for clients
Growth Outlook
  • Recent quarterly revenue increased to $11.2 million, up from $10.6 million
  • Net income for Q4 2023 reached $1.8 million, reflecting strong operational performance
  • Return on equity stands at 18.98%, indicating effective capital utilization
Financial Highlights
  • Trailing twelve months (TTM) revenue of $43.5 million, showcasing consistent growth
  • Dividend yield of 3.62%, providing attractive returns to shareholders
  • Price-to-earnings (P/E) ratio of 9.66, suggesting potential undervaluation
Andover Bancorp, Inc. has demonstrated a solid financial performance, with a notable increase in revenue and net income in the most recent quarter. The company's diverse product offerings cater to a wide range of customer needs, from personal banking to commercial financing. The strong return on equity indicates effective management of shareholder funds, while the attractive dividend yield enhances the investment appeal. With a competitive P/E ratio, Andover Bancorp presents a potentially undervalued opportunity in the regional banking sector.
AI Generated • Jul 10, 2026

Industry

Banks

Sector

Financials

Employees

97

CEO

Stephen E. Varckette

Website

www.andover.bank

Headquarters

Andover, OH 44003, US

ANDC Financials

Key Financial Metrics (TTM)

Gross Margin

76.33%

Operating Margin

16.80%

Net Income Margin

16.68%

Return on Equity

18.98%

Return on Capital

11.49%

Return on Assets

0.75%

Earnings Yield

8.98%

Dividend Yield

3.79%

Payout Ratio

34.91%

Stock Overview

Market Cap

$45.81MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

2.28M

Volume

500

Avg. Volume

573.887

Financials (TTM)

Gross Profit

$41.64M

Operating Income

$23.49M

EBITDA

$10.22M

Operating Cash Flow

$0.00

Capital Expenditure

$0.00

Free Cash Flow

$0.00

Cash & ST Invst.

-$26.20M

Total Debt

$9.85M

Andover Bancorp Performance Analysis

Andover Bancorp annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 19,731,5034.9%
20232023-12-31USD 21,849,36110.7%
20242024-12-31USD 24,168,68210.6%
20252025-12-31USD 26,258,2478.6%
Andover Bancorp sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42021-12-3112.4%
Q22022-06-30-9.2%
Q22023-06-30N/A
Q42023-12-316.1%
Andover Bancorp annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 2.29-5.6%
20232023-12-31USD 1.80-21.3%
20242024-12-31USD 1.53-14.8%
20252025-12-31USD 2.1741.6%
Andover Bancorp sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42021-12-31-7.9%
Q22022-06-30-0.9%
Q22023-06-30N/A
Q42023-12-31-8.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2023YOY CHG

Revenue

$11.25M

+21.9%

Gross Profit

$11.25M

+21.9%

Gross Margin

100.00%

N/A

Market Cap

$45.81MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$472.28K

N/A

Employees

97

N/A

Net Income

$1.80M

-37.2%

EBITDA

$1.90M

-39.9%

Quarterly Fundamentals

Name
Q4 2023YOY CHG

Total Cash

-$26.20M

-47.7%

Total Debt

$9.85M

-21.2%

Accounts Receivable

$2.09M

N/A

Inventory

$0.00

N/A

Long Term Debt

$9.85M

-21.2%

Short Term Debt

$0.00

N/A

Return on Assets

0.75%

N/A

Return on Invested Capital

10.50%

N/A

Free Cash Flow

$0.00

N/A

Operating Cash Flow

$0.00

N/A

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Questions About ANDC

What is the current price of Andover Bancorp?

Andover Bancorp is trading at $20.05 per share.

What is the 52-week range for Andover Bancorp?

Over the past 52 weeks, Andover Bancorp has traded between $18.10 and $21.00.

How much debt does Andover Bancorp have?

As of the most recent reporting period, Andover Bancorp reported total debt of $9.96M.

How much cash does Andover Bancorp have on hand?

Andover Bancorp does not have cash on hand data available.

What is Andover Bancorp’s dividend yield?

Andover Bancorp currently has a dividend yield of 3.79%.

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