AmeriServ Financial Reached Cooperation And Settlement Agreement With Driver Management; Driver To Withdraw Notice Of Nomination Of Director Candidates For Election, To Perpetual Standstill, Will Not Attempt To Bring Litigation Against Company

6/14/24 8:02:12 AM ET

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Financials

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AMERISERV FINANCIAL REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2024 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND
JOHNSTOWN, Pa., Oct. 22, 2024 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ:ASRV) reported third quarter 2024 net income of $1,183,000, or $0.07 per diluted common share. This earnings performance represented a $536,000, or 82.8%, increase from the third quarter of 2023 when net income totaled $647,000, or $0.04 per diluted common share. For the nine-month period ended September 30, 2024, the Company reported net income of $2,712,000, or $0.16 per diluted common share. This represented a 33.3% increase in earnings per share from the nine-month period of 2023 when net income totaled $1,975,000, or $0.12 per diluted common share. The following table details the Company's financial performa
10/22/24 8:00:00 AM ET
$ASRV
Major Banks
Finance
AMERISERV FINANCIAL, INC. ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND
JOHNSTOWN, Pa., July 19, 2024 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ:ASRV) announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 19, 2024 to shareholders of record on August 5, 2024. This cash dividend represents a 4.65% annualized yield using the July 17, 2024 closing common stock price of $2.58. For the first six months of 2024, the Company's dividend payout ratio amounted to 66.7%. AmeriServ Financial, Inc. is the parent of AmeriServ Financial Bank and AmeriServ Trust and Financial Services Company in Johnstown. The Company's subsidiaries provide full-service banking and wealth management
7/19/24 9:00:00 AM ET
$ASRV
Major Banks
Finance
AMERISERV FINANCIAL REPORTS EARNINGS FOR THE SECOND QUARTER AND FIRST SIX MONTHS OF 2024
JOHNSTOWN, Pa., July 16, 2024 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ:ASRV) reported a second quarter 2024 net loss of $375,000, or $0.02 per diluted common share. This earnings performance represented a $188,000 decrease from the second quarter of 2023 when the net loss totaled $187,000, or $0.01 per diluted common share. For the six-month period ended June 30, 2024, the Company reported net income of $1,529,000, or $0.09 per diluted common share. This represented a 15.1% increase in earnings from the six-month period of 2023 when net income totaled $1,328,000, or $0.08 per diluted common share. The following table details the Company's financial performance for the three- and six
7/16/24 8:00:00 AM ET
$ASRV
Major Banks
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AmeriServ Financial Inc. Completes Merger of Subsidiary Trust Company
JOHNSTOWN, Pa., Nov. 5, 2024 /PRNewswire/ -- (NASDAQ:ASRV) – AmeriServ Financial, Inc. today announced the completion of the merger of its subsidiary, AmeriServ Trust and Financial Services Company, with and into its subsidiary bank, AmeriServ Financial Bank. The merger was effective October 1, 2024, and the former trust company will now function as a division of the bank under the name AmeriServ Wealth & Capital Management. Jeff Stopko, president and CEO of AmeriServ Financial, Inc., said, "This merger not only enables the company to realize greater operational efficiencies, but it also makes it possible for our trust customers to have greater and more immediate access to the full compleme
11/5/24 1:02:00 PM ET
$ASRV
Major Banks
Finance
AMERISERV FINANCIAL REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2024 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND
JOHNSTOWN, Pa., Oct. 22, 2024 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ:ASRV) reported third quarter 2024 net income of $1,183,000, or $0.07 per diluted common share. This earnings performance represented a $536,000, or 82.8%, increase from the third quarter of 2023 when net income totaled $647,000, or $0.04 per diluted common share. For the nine-month period ended September 30, 2024, the Company reported net income of $2,712,000, or $0.16 per diluted common share. This represented a 33.3% increase in earnings per share from the nine-month period of 2023 when net income totaled $1,975,000, or $0.12 per diluted common share. The following table details the Company's financial performa
10/22/24 8:00:00 AM ET
$ASRV
Major Banks
Finance
AMERISERV FINANCIAL, INC. ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND
JOHNSTOWN, Pa., July 19, 2024 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ:ASRV) announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 19, 2024 to shareholders of record on August 5, 2024. This cash dividend represents a 4.65% annualized yield using the July 17, 2024 closing common stock price of $2.58. For the first six months of 2024, the Company's dividend payout ratio amounted to 66.7%. AmeriServ Financial, Inc. is the parent of AmeriServ Financial Bank and AmeriServ Trust and Financial Services Company in Johnstown. The Company's subsidiaries provide full-service banking and wealth management
7/19/24 9:00:00 AM ET
$ASRV
Major Banks
Finance

AmeriServ Financial Reached Cooperation And Settlement Agreement With Driver Management; Driver To Withdraw Notice Of Nomination Of Director Candidates For Election, To Perpetual Standstill, Will Not Attempt To Bring Litigation Against Company

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Recent Analyst Ratings for
$ASRV

$ASRV
Leadership Updates

Live Leadership Updates

Amy Bradley Joins AmeriServ Financial, Inc. Board of Directors

$ASRV
SEC Filings

SEC Form 10-Q filed by AmeriServ Financial Inc.

AmeriServ Financial Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits

AmeriServ Financial Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

$ASRV
Financials

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AMERISERV FINANCIAL REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2024 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

AMERISERV FINANCIAL, INC. ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

AMERISERV FINANCIAL REPORTS EARNINGS FOR THE SECOND QUARTER AND FIRST SIX MONTHS OF 2024

$ASRV
Press Releases

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$ASRV
Market Insights

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$ASRV
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

$ASRV
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

$ASRV
Large Ownership Changes

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AmeriServ Financial Inc. Completes Merger of Subsidiary Trust Company

AMERISERV FINANCIAL REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2024 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

AMERISERV FINANCIAL, INC. ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

AmeriServ Financial Q2 EPS $(0.02) Down From $(0.01) YoY

AmeriServ Financial Reached Cooperation And Settlement Agreement With Driver Management; Driver To Withdraw Notice Of Nomination Of Director Candidates For Election, To Perpetual Standstill, Will Not Attempt To Bring Litigation Against Company

Sb Value Partners, L.P Reports 7.7% Stake In AmeriServ Financial Inc As Of April 18, 2024

President & CEO ASRV & Bank Stopko Jeffrey A bought $8,550 worth of shares (3,000 units at $2.85), increasing direct ownership by 2% to 147,236 units (SEC Form 4)

Director Bloomingdale Richard W. was granted 219 shares, increasing direct ownership by 1% to 20,817 units (SEC Form 4)

Director Kunkle Kim W was granted 1,817 shares, increasing direct ownership by 1% to 160,861 units (SEC Form 4)

President & CEO ASRV & Bank Stopko Jeffrey A bought $8,550 worth of shares (3,000 units at $2.85), increasing direct ownership by 2% to 147,236 units (SEC Form 4)

President & CEO ASRV & Bank Stopko Jeffrey A bought $4,580 worth of shares (2,000 units at $2.29), increasing direct ownership by 1% to 144,236 units (SEC Form 4)

President & CEO ASRV & Bank Stopko Jeffrey A bought $7,647 worth of shares (3,047 units at $2.51), increasing direct ownership by 2% to 142,236 units (SEC Form 4)

Amendment: SEC Form SC 13G/A filed by AmeriServ Financial Inc.

SEC Form SC 13D filed by AmeriServ Financial Inc.

SEC Form SC 13G/A filed by AmeriServ Financial Inc. (Amendment)

AmeriServ Financial Reached Cooperation And Settlement Agreement With Driver Management; Driver To Withdraw Notice Of Nomination Of Director Candidates For Election, To Perpetual Standstill, Will Not Attempt To Bring Litigation Against Company

Chat with this insight

Recent Analyst Ratings for $ASRV

$ASRV Leadership Updates

Live Leadership Updates

Amy Bradley Joins AmeriServ Financial, Inc. Board of Directors

$ASRV SEC Filings

SEC Form 10-Q filed by AmeriServ Financial Inc.

AmeriServ Financial Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits

AmeriServ Financial Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

$ASRV Financials

Live finance-specific insights

AMERISERV FINANCIAL REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2024 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

AMERISERV FINANCIAL, INC. ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

AMERISERV FINANCIAL REPORTS EARNINGS FOR THE SECOND QUARTER AND FIRST SIX MONTHS OF 2024

$ASRV Press Releases

Fastest customizable press release news feed in the world

$ASRV Market Insights

Live Market Insights

$ASRV Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

$ASRV Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

$ASRV Large Ownership Changes

This live feed shows all institutional transactions in real time.

AmeriServ Financial Inc. Completes Merger of Subsidiary Trust Company

AMERISERV FINANCIAL REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2024 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

AMERISERV FINANCIAL, INC. ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

AmeriServ Financial Q2 EPS $(0.02) Down From $(0.01) YoY

AmeriServ Financial Reached Cooperation And Settlement Agreement With Driver Management; Driver To Withdraw Notice Of Nomination Of Director Candidates For Election, To Perpetual Standstill, Will Not Attempt To Bring Litigation Against Company

Sb Value Partners, L.P Reports 7.7% Stake In AmeriServ Financial Inc As Of April 18, 2024

President & CEO ASRV & Bank Stopko Jeffrey A bought $8,550 worth of shares (3,000 units at $2.85), increasing direct ownership by 2% to 147,236 units (SEC Form 4)

Director Bloomingdale Richard W. was granted 219 shares, increasing direct ownership by 1% to 20,817 units (SEC Form 4)

Director Kunkle Kim W was granted 1,817 shares, increasing direct ownership by 1% to 160,861 units (SEC Form 4)

President & CEO ASRV & Bank Stopko Jeffrey A bought $8,550 worth of shares (3,000 units at $2.85), increasing direct ownership by 2% to 147,236 units (SEC Form 4)

President & CEO ASRV & Bank Stopko Jeffrey A bought $4,580 worth of shares (2,000 units at $2.29), increasing direct ownership by 1% to 144,236 units (SEC Form 4)

President & CEO ASRV & Bank Stopko Jeffrey A bought $7,647 worth of shares (3,047 units at $2.51), increasing direct ownership by 2% to 142,236 units (SEC Form 4)

Amendment: SEC Form SC 13G/A filed by AmeriServ Financial Inc.

SEC Form SC 13D filed by AmeriServ Financial Inc.

SEC Form SC 13G/A filed by AmeriServ Financial Inc. (Amendment)

Recent Analyst Ratings for
$ASRV

$ASRV
Leadership Updates

$ASRV
SEC Filings

$ASRV
Financials

$ASRV
Press Releases

$ASRV
Market Insights

$ASRV
Insider Trading

$ASRV
Insider Purchases

$ASRV
Large Ownership Changes