Andover Bancorp (OTCPK:ANDC) - Stock Price, News & Analysis

ANDC Stock Overview

Operates as the bank holding company for Andover Bank that provides commercial and retail banking products and services. More details

ANDC fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 62.1% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap ($40M)

Latest financial reports are more than 6 months old

Andover Bancorp, Inc. Competitors

Pacific Valley Bancorp

OTCPK:PVBK

US$46.0m

CITBA Financial

OTCPK:CBAF

US$44.6m

Peoples

OTCPK:PPLL

US$53.8m

First Bankers Trustshares

OTCPK:FBTT

US$50.5m

Price History & Performance

Summary of all time highs, changes and price drops for Andover Bancorp
Historical stock prices
Current Share Price	US$19.75
52 Week High	US$24.00
52 Week Low	US$18.99
Beta	0.18
11 Month Change	-17.71%
3 Month Change	2.23%
1 Year Change	n/a
33 Year Change	4.77%
5 Year Change	2.60%
Change since IPO	-95.21%

Recent updates

Shareholder Returns

	ANDC	US Banks	US Market
7D	-17.7%	1.8%	2.2%
1Y	n/a	57.8%	31.7%

Return vs Industry: Insufficient data to determine how ANDC performed against the US Banks industry.

Return vs Market: Insufficient data to determine how ANDC performed against the US Market.

Price Volatility

Is ANDC's price volatile compared to industry and market?
ANDC volatility
ANDC Average Weekly Movement	n/a
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: ANDC's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine ANDC's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1884	101	Stephen Varckette	www.andover.bank/Andover-Bancorp-Inc

Andover Bancorp, Inc. operates as the bank holding company for Andover Bank that provides commercial and retail banking products and services. The company offers savings and checking accounts, individual retirement accounts, and certificates of deposit. It also provides mortgage, construction, home equity, vehicle, student, and personal loans; term, commercial real estate, working capital lines of credit; investment property, land development, acquisitions, and partnership buyouts, as well as equipment, municipal, and non-profit financing services; and debit and credit cards.

Andover Bancorp, Inc. Fundamentals Summary

How do Andover Bancorp's earnings and revenue compare to its market cap?
ANDC fundamental statistics
Market cap	US$40.20m
Earnings (TTM)	US$3.78m
Revenue (TTM)	US$18.26m

10.6x

P/E Ratio

2.0x

P/B Ratio

Is ANDC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ANDC income statement (TTM)
Revenue	US$18.26m
Cost of Revenue	US$0
Gross Profit	US$18.26m
Other Expenses	US$14.48m
Earnings	US$3.78m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.86
Gross Margin	100.00%
Net Profit Margin	20.69%
Debt/Equity Ratio	48.6%

How did ANDC perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

42%

Payout Ratio

Does ANDC pay a reliable dividends?

See ANDC dividend history and benchmarks

When do you need to buy ANDC by to receive an upcoming dividend?
Andover Bancorp dividend dates
Ex Dividend Date	Dec 11 2024
Dividend Pay Date	Jan 02 2025
Days until Ex dividend	17 days
Days until Dividend pay date	39 days