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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
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
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
JOHNSTOWN, Pa., May 10, 2022 /PRNewswire/ -- The Board of Directors of AmeriServ Financial, Inc. (NASDAQ:ASRV) today announced the appointment of Amy Bradley, president and chief executive officer of the Cambria Regional Chamber of Commerce, as an independent director of the company and a new member of the investment/asset liability committee. Ms. Bradley's appointment maintains the Board's membership at nine directors. "We are pleased to welcome Amy as a new independent director to the AmeriServ board. She is an accomplished community leader, has a deep understanding of our community vision and shares our commitment to fostering the economic development and revitalization of the communiti
10-Q - AMERISERV FINANCIAL INC /PA/ (0000707605) (Filer)
8-K - AMERISERV FINANCIAL INC /PA/ (0000707605) (Filer)
8-K - AMERISERV FINANCIAL INC /PA/ (0000707605) (Filer)
4 - AMERISERV FINANCIAL INC /PA/ (0000707605) (Issuer)
4 - AMERISERV FINANCIAL INC /PA/ (0000707605) (Issuer)
4 - AMERISERV FINANCIAL INC /PA/ (0000707605) (Issuer)
4 - AMERISERV FINANCIAL INC /PA/ (0000707605) (Issuer)
4 - AMERISERV FINANCIAL INC /PA/ (0000707605) (Issuer)
4 - AMERISERV FINANCIAL INC /PA/ (0000707605) (Issuer)
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
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
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
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SC 13G/A - AMERISERV FINANCIAL INC /PA/ (0000707605) (Subject)
AmeriServ Financial (NASDAQ:ASRV) reported quarterly losses of $(0.02) per share. This is a 100 percent decrease over losses of $(0.01) per share from the same period last year.
- SEC Filing