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Andover BancorpANDC 61 Debt-to-Equity is 0.35 as of Dec. 2025, which is 19% below its 10-year median of 0.43. GuruFocus rates ANDC with a GF Score™ of 61/100 and a GF Value™ of $22.87 (Fairly Valued). Among 1,421 Banks companies, Andover Bancorp ranks better than 64.81% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Andover Bancorp's Debt-to-Equity or its related term are showing as below:
ANDC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.43 Max: 2.18
Current: 0.35
During the past 7 years, the highest Debt-to-Equity Ratio of Andover Bancorp was 2.18. The lowest was 0.35. And the median was 0.43.
ANDC's Debt-to-Equity is ranked better than 64.81% of 1421
companies
in the Banks industry
Industry Median: 0.58
vs ANDC: 0.35
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Andover Bancorp Debt-to-Equity Related Terms
Andover Bancorp Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Andover Bancorp's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ANDC vs SSBP, FMFP, LKSB: Debt-to-Equity Comparison
For the Banks - Regional subindustry, Andover Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Andover Bancorp Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Andover Bancorp's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Andover Bancorp's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Andover Bancorp (ANDC) has a Debt-to-Equity of 0.35 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Andover Bancorp and its competitors. This is 19% below median its historical median of 0.43. Over the past decade, Andover Bancorp's Debt-to-Equity has ranged from 0.35 to 2.18. According to the industry distribution chart, Andover Bancorp ranks #500 out of 1421 companies in the Banks industry, placing it in the top 35.2%.
Is Andover Bancorp's Debt-to-Equity too high?
Andover Bancorp's current Debt-to-Equity of 0.35 is 19% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.18. The Banks industry median Debt-to-Equity is 0.58. Andover Bancorp's value of 0.35 is 39.7% below this industry median. Based on the distribution chart, Andover Bancorp ranks #500 out of 1421 companies in the Banks industry, which is above the industry midpoint. Overall, Andover Bancorp has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Andover Bancorp's Debt-to-Equity compare to SSBP and FMFP?
According to the Banks industry distribution chart, Andover Bancorp ranks #500 out of 1421 companies for Debt-to-Equity. This puts Andover Bancorp in the upper half of its industry. The industry median Debt-to-Equity is 0.58. Andover Bancorp's value of 0.35 is 39.7% below this benchmark. Historically, Andover Bancorp's own Debt-to-Equity has ranged from 0.35 to 2.18 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.58, Andover Bancorp has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Andover Bancorp's current Debt-to-Equity of 0.35 is 39.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Andover Bancorp and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andover Bancorp's current Debt-to-Equity is 0.35, which is 19% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andover Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Andover Bancorp (ANDC) is currently considered Fairly Valued. The stock's GF Value™ is $22.87, compared to a current price of $21.00 — trading 8.2% below its estimated fair value. The current Debt-to-Equity is 0.35, which is 19% below median its 10-year median of 0.43 and 39.7% below the Banks industry median of 0.58. Andover Bancorp's overall GF Score™ is 61/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Andover Bancorp (ANDC), the current Debt-to-Equity is 0.35 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Andover Bancorp (ANDC) Overvalued in 2026?
Based on GuruFocus' analysis, Andover Bancorp stock appears to be undervalued.
The current stock price of $21.00 is trading 8.2% below its estimated GF Value™ of $22.87.
GuruFocus considers Andover Bancorp to be Fairly Valued.
Key valuation signals for ANDC:
Debt-to-Equity: 0.35 (19% below median its 10-year median of 0.43)
GF Value™: $22.87 vs. price of $21.00 (8.2% below fair value)
Industry Position: 39.7% below the Banks median (#500 of 1421)
No single metric tells the full story. See the ANDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Andover Bancorp Inc is a United States-based holding company for Andover bank. The bank is a locally owned and independent community bank. The company provides banking services to personal and business customers. The bank provides a full range of banking products, including consumer, mortgage, and commercial loans; checking, savings, and others. The majority of the Company's income is derived from retail lending activities.
61GF Score
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