Andover Bancorp, Inc.

Andover Bancorp, Inc.verified

ANDC

Price:

$19.75

Market Cap:

$45.13M

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, and personal loans; term, commercial real estate, and small business administration loans; working capital lines of credit; loans for investment property, land development, acquisitions, and partnership buyouts, as well as equipment, municipal, and non-profit financing services; and debit and credit cards. In addition, the company provides overdraft protection, remote deposit capt...[Read more]

Industry

Banks - Regional

IPO Date

2018-02-07

Stock Exchange

PNK

Ticker

ANDC

The Current Ratio as of November 2024 (TTM) for Andover Bancorp, Inc. (ANDC) is 0.08

According to Andover Bancorp, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.08. This represents a change of 15.09% compared to the average of 0.07 of the last 4 quarters.

Andover Bancorp, Inc. (ANDC) Historical Current Ratio (quarterly & annually)

How has ANDC Current Ratio performed in the past?

The mean historical Current Ratio of Andover Bancorp, Inc. over the last ten years is 31.83. The current 0.08 Current Ratio has changed -74.71% with respect to the historical average. Over the past ten years (40 quarters), ANDC's Current Ratio was at its highest in in the December 2023 quarter at 0.08. The Current Ratio was at its lowest in in the June 2022 quarter at 0.06.

Quarterly (TTM)
Annual

Average

31.83

Median

0.07

Minimum

0.05

Maximum

139.47

Andover Bancorp, Inc. (ANDC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Andover Bancorp, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 97.69%

Maximum Annual Current Ratio = 139.47

Minimum Annual Increase = -99.94%

Minimum Annual Current Ratio = 0.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.0846.44%
20220.05-15.38%
20210.06-11.35%
20200.0715.27%
20190.06-2.99%
20180.06-99.94%
201797.3797.69%
201649.25-64.69%

Andover Bancorp, Inc. (ANDC) Average Current Ratio

How has ANDC Current Ratio performed in the past?

The current Current Ratio of Andover Bancorp, Inc. (ANDC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.06

5-year avg

0.06

10-year avg

31.83

Andover Bancorp, Inc. (ANDC) Current Ratio vs. Peers

How is ANDC’s Current Ratio compared to its peers?

Andover Bancorp, Inc.’s Current Ratio is less than AIB Group plc (0), greater than Banco del Bajío, S.A., Institución de Banca Múltiple (0), greater than Aozora Bank, Ltd. (0), greater than Absa Group Limited (0), greater than null (0),

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