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Recent Analyst Ratings for
$ASRV

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$ASRV
Press Releases

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  • AMERISERV FINANCIAL REPORTS EARNINGS FOR THE FULL YEAR OF 2024 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

    JOHNSTOWN, Pa., Jan. 21, 2025 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ:ASRV) reported fourth quarter 2024 net income of $889,000, or $0.05 per diluted common share. This compares to a net loss for the fourth quarter of 2023 of $5,321,000, or $0.31 per diluted common share. For the year ended December 31, 2024, the Company reported net income of $3,601,000, or $0.21 per diluted common share. This compares to a net loss of $3,346,000, or $0.20 per diluted common share, for the full year of 2023. The following table details the Company's financial performance for both the three- and twelve-month periods ended December 31, 2024 and 2023: FourthQuarter 2024 FourthQuarter 2023 Year Ended

    $ASRV
    Major Banks
    Finance
  • 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

    $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

    $ASRV
    Major Banks
    Finance

$ASRV
Insider Purchases

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$ASRV
Insider Trading

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$ASRV
SEC Filings

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$ASRV
Leadership Updates

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  • Amy Bradley Joins AmeriServ Financial, Inc. Board of Directors

    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

    $ASRV
    Major Banks
    Finance

$ASRV
Financials

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  • AMERISERV FINANCIAL REPORTS EARNINGS FOR THE FULL YEAR OF 2024 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

    JOHNSTOWN, Pa., Jan. 21, 2025 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ:ASRV) reported fourth quarter 2024 net income of $889,000, or $0.05 per diluted common share. This compares to a net loss for the fourth quarter of 2023 of $5,321,000, or $0.31 per diluted common share. For the year ended December 31, 2024, the Company reported net income of $3,601,000, or $0.21 per diluted common share. This compares to a net loss of $3,346,000, or $0.20 per diluted common share, for the full year of 2023. The following table details the Company's financial performance for both the three- and twelve-month periods ended December 31, 2024 and 2023: FourthQuarter 2024 FourthQuarter 2023 Year Ended

    $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

    $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

    $ASRV
    Major Banks
    Finance

$ASRV
Large Ownership Changes

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