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Andover Bancorp(OTC) ANDC

Market Cap$47.98MMarket 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+35%
1 Year+16%
1 Month+4%
$21.00
+2.44%
+0.50Today
Andover Bancorp last closing stock price
MetricPriceDate
Last closeUSD 21.002026-08-12
Andover Bancorp stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0%USD 21.002026-07-28
1 month+4.48%USD 20.102026-07-13
3 month+4.74%USD 20.052026-05-14
Year to date+13.21%USD 18.552025-12-31
1 year+15.52%USD 18.182025-08-12
3 year+17.55%USD 17.872023-08-10
5 year+34.94%USD 15.562021-08-13
Since inception-91.08%USD 235.541997-05-08

Andover Bancorp Financials at a Glance

Market Cap

$47.98MMarket 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

11.65

Dividend

$0.76

Beta (Volatility)

0.00 (Low)

Price

$21.00

Volume

47

Open

$21.00

Previous Close

$21.00

Daily Range

$21.00 - $21.00

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 services 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 reached $11.25 million, showing consistent growth
  • Trailing twelve months (TTM) net income margin stands at 16.6%
  • Return on equity (ROE) is a robust 18.98%, indicating strong profitability
Financial Highlights
  • Quarterly earnings per share (EPS) of $0.86 reflects solid performance
  • TTM dividend yield of 3.62% offers attractive returns to shareholders
  • Price-to-earnings (P/E) ratio of 9.68 suggests potential undervaluation
Andover Bancorp, Inc. has demonstrated a commitment to delivering value through its diverse range of banking products and services. The company's recent financial performance indicates a strong growth trajectory, with significant revenue and net income figures. The solid return on equity and attractive dividend yield further enhance its appeal to potential investors. With a focus on both individual and commercial clients, Andover Bank is well-positioned to capitalize on opportunities in the regional banking sector.
AI Generated • Aug 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

8.58%

Dividend Yield

3.62%

Payout Ratio

34.91%

Stock Overview

Market Cap

$47.98MMarket 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

47

Avg. Volume

566.016

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

$47.98MMarket 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

$494.66K

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 $21.00 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 3.62%.

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