ASRV - AmeriServ Financial Inc Stock Price, Fair Value and News

2.75USD0.00 (0.00%)Delayed as of 17 May 2024, 11:18 am ET

Market Summary

USD2.750.00

Delayedas of 17 May 2024, 11:18 am

0.00%

ASRV Stock Price

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ASRV RSI Chart

ASRV Valuation

Market Cap

47.2M

Price/Earnings (Trailing)

-15.95

Price/Sales (Trailing)

0.75

EV/EBITDA

0.95

Price/Free Cashflow

20.1

ASRV Price/Sales (Trailing)

ASRV Profitability

EBT Margin

-6.22%

Return on Equity

-2.85%

Return on Assets

-0.21%

Free Cashflow Yield

4.98%

ASRV Fundamentals

ASRV Revenue

Revenue (TTM)

62.5M

Rev. Growth (Yr)

11.32%

Rev. Growth (Qtr)

1.6%

ASRV Earnings

Earnings (TTM)

-3.0M

Earnings Growth (Yr)

25.68%

Earnings Growth (Qtr)

135.78%

Breaking Down ASRV Revenue

52 Week Range

2.413.40

(Low)(High)

Last 7 days

3.9%

Last 30 days

11.1%

Last 90 days

-7.2%

Trailing 12 Months

-5.3%

How does ASRV drawdown profile look like?

ASRV Financial Health

Debt/Equity

1.09

Debt/Cashflow

0.02

ASRV Investor Care

Dividend Yield

4.36%

Dividend/Share (TTM)

0.12

Diluted EPS (TTM)

-0.17

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	62.5M	0	0	0
2023	52.6M	56.0M	58.7M	60.9M
2022	45.9M	45.6M	46.9M	49.1M
2021	46.7M	46.5M	46.6M	46.7M
2020	49.5M	48.8M	47.6M	46.9M
2019	48.0M	49.2M	49.5M	49.8M
2018	44.8M	45.4M	46.3M	47.1M
2017	42.2M	42.9M	43.6M	44.4M
2016	41.8M	41.8M	41.6M	41.9M
2015	40.9M	41.3M	41.9M	41.9M
2014	39.7M	40.1M	40.3M	40.4M
2013	39.5M	39.2M	39.0M	39.3M
2012	41.5M	40.8M	40.4M	39.9M
2011	44.0M	43.0M	42.5M	42.0M
2010	0	46.6M	45.7M	44.8M
2009	0	0	0	47.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of AmeriServ Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	stopko jeffrey a	bought	7,200	2.4	3,000	president & ceo asrv & bank
Mar 12, 2024	stopko jeffrey a	bought	5,060	2.53	2,000	president & ceo asrv & bank
Feb 27, 2024	stopko jeffrey a	bought	5,480	2.74	2,000	president & ceo asrv & bank
Feb 23, 2024	bloomingdale richard w.	bought	4,916	2.85	1,725	-
Feb 21, 2024	stopko jeffrey a	bought	5,880	2.94	2,000	president & ceo asrv & bank
Feb 20, 2024	onorato daniel a.	acquired	973	2.9308	332	-
Feb 20, 2024	o malley margaret a	acquired	1,957	2.9308	668	-
Feb 20, 2024	kunkle kim w	acquired	4,103	2.9308	1,400	-
Feb 20, 2024	bloomingdale richard w.	acquired	169	2.9308	58.00	-

Which funds bought or sold ASRV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	STATE STREET CORP	unchanged	-	-12,376	50,674	-%
May 15, 2024	MORGAN STANLEY	unchanged	-	-1.00	4.00	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-29.00	-	-%
May 15, 2024	Dryden Capital, LLC	unchanged	-	-31,531	129,103	0.19%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-1.37	-2,303	8,809	-%
May 15, 2024	CAPTRUST FINANCIAL ADVISORS	unchanged	-	-8,562	35,056	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	2.44	-147,566	687,656	0.01%
May 15, 2024	GENDELL JEFFREY L	added	9.94	-469,116	3,562,060	0.14%
May 15, 2024	Royal Bank of Canada	new	-	3,000	3,000	-%
May 14, 2024	NORTHERN TRUST CORP	unchanged	-	-20,920	85,663	-%

Are Funds Buying or Selling ASRV?

Are funds buying ASRV calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ASRV

No. of Funds

Unveiling AmeriServ Financial Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 22, 2024	sb value partners, l.p.	7.7%	1,319,019	SC 13D
Feb 13, 2024	gendell jeffrey l	7.27%	1,246,113	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.8%	1,169,279	SC 13G/A
Aug 15, 2023	sb value partners, l.p.	7.7%	1,320,760	SC 13G
Aug 09, 2023	driver management co llc	1.6%	273,314	SC 13D/A
Feb 10, 2023	dimensional fund advisors lp	7.7%	1,312,354	SC 13G/A
Feb 10, 2023	m3 partners lp	2.65%	454,366	SC 13G/A
Jan 20, 2023	driver management co llc	1.2%	201,000	SC 13D/A
Jan 19, 2023	driver management co llc	1.2%	201,000	SC 13D/A
Jan 18, 2023	driver management co llc	1.2%	201,000	SC 13D/A

Recent SEC filings of AmeriServ Financial Inc

View All Filings

Date Filed	Form Type	Document
May 13, 2024	10-Q	Quarterly Report
May 01, 2024	4	Insider Trading
Apr 22, 2024	8-K	Current Report
Apr 22, 2024	DEFA14A	DEFA14A
Apr 22, 2024	SC 13D	13D - Major Acquisition
Apr 19, 2024	8-K	Current Report
Apr 16, 2024	8-K	Current Report
Apr 15, 2024	DFAN14A	DFAN14A
Mar 27, 2024	10-K	Annual Report
Mar 27, 2024	DFAN14A	DFAN14A

Peers (Alternatives to AmeriServ Financial Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	581.4B	174.7B	11.99%	46.24%	11.55	3.33	53.11%	19.83%
BAC	306.7B	137.9B	13.09%	37.28%	12.25	2.22	56.12%	-12.56%
WFC	212.8B	85.8B	8.19%	50.84%	11.34	2.48	35.02%	26.14%
C	122.4B	125.0B	12.50%	36.26%	15.31	0.98	37.85%	-
CFG	16.6B	10.4B	12.65%	38.40%	11.61	1.6	26.22%	-33.87%
KEY	14.4B	8.1B	7.74%	50.49%	16.53	1.78	32.15%	-50.93%
MID-CAP
CMA	7.2B	4.2B	8.99%	43.16%	10.4	1.7	34.68%	-45.96%
ZION	6.6B	4.1B	13.27%	70.96%	10.5	1.62	32.93%	-30.73%
ABCB	3.5B	1.3B	12.98%	57.40%	12.27	2.64	30.60%	-12.99%
ASB	3.3B	2.0B	11.41%	42.76%	20.79	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	415.3M	173.1M	13.52%	27.11%	14.24	2.4	26.54%	-34.86%
ALRS	390.4M	152.4M	-1.25%	34.56%	39.27	2.56	16.94%	-73.84%
ACNB	289.6M	98.7M	3.86%	15.94%	9.84	2.93	6.27%	-22.90%
ASRV	47.2M	62.5M	11.11%	-5.26%	-15.95	0.75	18.83%	-145.18%

AmeriServ Financial Inc News

Latest updates

AmeriServ Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.6%	16,224	15,968	15,439	14,879	14,574	13,803	12,700	11,527	11,028	11,690	11,372	11,838	11,769	11,640	11,237	12,061	11,944	12,405	12,433	12,765	12,164
EBITDA Margin	-3.5%	0.50*	0.52*	0.70*	0.80*	0.92*	1.01*	1.09*	1.07*	1.05*	1.03*	0.98*	0.96*	0.94*	-	-	-	-	-	-	-	-
Interest Expenses	1.8%	8,747	8,589	8,799	9,110	9,522	10,143	10,529	10,124	9,767	10,298	9,226	9,867	9,692	9,352	8,791	9,473	8,751	8,960	8,764	9,061	8,657
Income Taxes	132.7%	483	-1,477	124	-61.00	372	126	526	496	605	421	341	420	520	248	235	365	366	169	442	470	491
Earnings Before Taxes	135.1%	2,387	-6,798	771	-248	1,887	1,073	2,628	2,477	3,023	2,273	1,772	2,128	2,601	940	1,313	1,784	1,775	838	2,131	2,262	2,369
EBT Margin	13.7%	-0.06*	-0.07*	0.06*	0.10*	0.15*	0.19*	0.22*	0.21*	0.20*	0.19*	0.16*	0.15*	0.14*	-	-	-	-	-	-	-	-
Net Income	135.8%	1,904	-5,321	647	-187	1,515	947	2,102	1,981	2,418	1,852	1,431	1,708	2,081	692	1,078	1,419	1,409	669	1,689	1,792	1,878
Net Income Margin	14.0%	-0.05*	-0.05*	0.05*	0.08*	0.12*	0.15*	0.18*	0.17*	0.16*	0.15*	0.13*	0.12*	0.11*	-	-	-	-	-	-	-	-
Free Cashflow	-293.9%	-2,152	1,110	2,684	704	1,790	3,355	806	-761	1,809	2,360	-1,672	2,488	6,763	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.4%	1,385	1,390	1,362	1,346	1,346	1,364	1,350	1,321	1,331	1,336	1,339	1,361	1,311	1,283	1,258	1,242	1,168	1,171	1,171	1,191	1,168
Cash Equivalents	24.4%	17.00	14.00	18.00	17.00	22.00	23.00	29.00	29.00	32.00	41.00	36.00	60.00	37.00	32.00	41.00	47.00	24.00	22.00	33.00	28.00	30.00
Net PPE	1.6%	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	15.00	15.00	15.00	15.00	15.00	15.00	14.00
Goodwill	0%	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00
Liabilities	-0.5%	1,281	1,287	1,260	1,242	1,240	1,258	1,248	1,215	1,218	1,219	1,225	1,249	1,206	1,178	1,155	1,139	1,068	1,073	1,069	1,089	1,069
Short Term Borrowings	-72.0%	11.00	41.00	63.00	57.00	53.00	89.00	26.00	-	-	-	-	-	-	25.00	6.00	8.00	16.00	-	11.00	35.00	31.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	113	104
Shareholder's Equity	1.6%	104	102	101	0.00	65.00	106	102	63.00	114	117	114	146	146	0.00	103	146	101	99.00	102	101	99.00
Retained Earnings	2.4%	60.00	59.00	65.00	65.00	65.00	65.00	65.00	63.00	62.00	60.00	59.00	58.00	56.00	55.00	54.00	54.00	53.00	52.00	51.00	50.00	48.00
Additional Paid-In Capital	0.0%	146	146	146	146	146	146	146	146	146	146	146	146	146	146	146	146	146	146	146	146	146
Shares Outstanding	0%	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	40.00	-	-	-	61.00	-	-	-	61.00	-	-	-	48.00	-	-	-	66.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-293.9%	-2,152	1,110	2,684	704	1,790	3,355	806	-761	1,809	2,360	-1,672	2,488	6,763	3,031	-2,962	-816	-626	3,551	-2,786	2,424	1,701
Share Based Compensation	-20.0%	8.00	10.00	11.00	12.00	12.00	12.00	12.00	13.00	13.00	13.00	13.00	13.00	4.00	1.00	-	1.00	1.00	1.00	1.00	2.00	3.00
Cashflow From Investing	137.4%	12,558	-33,557	-15,672	-4,671	13,906	-17,707	-31,610	192	-7,156	8,142	833	18,754	-28,217	-34,406	-21,631	-46,846	7,566	-13,354	29,149	-22,333	-6,484
Cashflow From Financing	-124.6%	-6,988	28,446	13,930	-1,114	-16,491	8,798	30,288	-2,510	-3,643	-5,378	-23,421	1,771	27,174	21,671	19,061	70,296	-5,002	-1,155	-21,378	18,379	-440
Dividend Payments	-100.0%	-	516	513	515	514	513	513	514	427	428	427	426	427	426	426	441	423	426	431	436	349
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	151	384	1,004	686	476

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ASRV Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME
Interest and fees on loans	$ 13,776	$ 12,276
Interest bearing deposits and short-term investments	67	57
Investment securities:
Available for sale	1,825	1,770
Held to maturity	556	471
Total Interest Income	16,224	14,574
INTEREST EXPENSE
Deposits	6,199	4,189
Short-term borrowings	484	494
Advances from Federal Home Loan Bank	504	82
Financing lease liabilities	27	24
Subordinated debt	263	263
Total Interest Expense	7,477	5,052
Net Interest Income	8,747	9,522
Provision (recovery) for credit losses	(557)	1,179
Net Interest Income after Provision (Recovery) for Credit Losses	9,304	8,343
NON-INTEREST INCOME
Non-interest income	4,058	3,485
Net gains on loans held for sale	10	26
Mortgage related fees	29	33
Gain on sale of Visa Class B shares		1,748
Bank owned life insurance	337	239
Other income	1,012	457
Total Non-Interest Income	4,947	5,507
NON-INTEREST EXPENSE
Salaries and employee benefits	7,117	7,175
Net occupancy expense	791	772
Equipment expense	386	415
Professional fees	1,002	1,308
Data processing and IT expense	1,159	1,078
Supplies, postage and freight	165	179
Miscellaneous taxes and insurance	325	339
Federal deposit insurance expense	255	125
Other expense	664	572
Total Non-Interest Expense	11,864	11,963
PRETAX INCOME	2,387	1,887
Provision for income taxes	483	372
NET INCOME	$ 1,904	$ 1,515
Basic:
Net income	$ 0.11	$ 0.09
Average number of shares outstanding	17,147	17,131
Diluted:
Net income	$ 0.11	$ 0.09
Average number of shares outstanding	17,147	17,155
Wealth management fees
NON-INTEREST INCOME
Non-interest income	$ 3,266	$ 2,738
Service charges on deposit accounts
NON-INTEREST INCOME
Non-interest income	$ 293	$ 266

ASRV Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from depository institutions	$ 14,092	$ 9,678
Interest bearing deposits and short-term investments	3,353	4,349
Total cash and cash equivalents	17,445	14,027
Investment securities, net of allowance for credit losses:
Available for sale, at fair value (allowance for credit losses $116 on March 31, 2024 and $926 on December 31, 2023)	165,452	165,711
Held to maturity (fair value $59,180 on March 31, 2024 and $58,621 on December 31, 2023; allowance for credit losses $90 on March 31, 2024 and $37 on December 31, 2023)	64,967	63,979
Loans held for sale	899	130
Loans (net of unearned income $468 on March 31, 2024 and $483 on December 31, 2023)	1,025,687	1,038,271
Less: Allowance for credit losses	14,639	15,053
Net loans	1,011,048	1,023,218
Premises and equipment:
Operating lease right-of-use asset	1,685	646
Financing lease right-of-use asset	2,500	2,384
Other premises and equipment, net	14,381	14,149
Accrued interest income receivable	6,098	5,529
Intangible assets:
Goodwill	13,611	13,611
Core deposit intangible	94	101
Bank owned life insurance	39,079	39,560
Net deferred tax asset	2,280	2,679
Federal Home Loan Bank stock	4,318	5,210
Federal Reserve Bank stock	2,125	2,125
Other assets	38,534	36,579
TOTAL ASSETS	1,384,516	1,389,638
LIABILITIES
Non-interest bearing deposits	178,936	172,070
Interest bearing deposits	997,642	986,290
Total deposits	1,176,578	1,158,360
Short-term borrowings	11,446	40,951
Advances from Federal Home Loan Bank	49,412	44,562
Operating lease liabilities	1,699	658
Financing lease liabilities	2,817	2,700
Subordinated debt	26,695	26,685
Total borrowed funds	92,069	115,556
Other liabilities	11,936	13,445
TOTAL LIABILITIES	1,280,583	1,287,361
SHAREHOLDERS' EQUITY
Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,776,089 shares issued and 17,147,270 shares outstanding on March 31, 2024 and December 31, 2023	268	268
Treasury stock at cost, 9,628,819 shares on March 31, 2024 and December 31, 2023	(83,280)	(83,280)
Capital surplus	146,372	146,364
Retained earnings	60,291	58,901
Accumulated other comprehensive loss, net	(19,718)	(19,976)
TOTAL SHAREHOLDERS' EQUITY	103,933	102,277
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,384,516	$ 1,389,638

About AmeriServ Financial Inc

AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; and safe deposit boxes, holiday club accounts, and money orders. The company also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers. In addition, the company offers personal trust products and services, including personal portfolio investment management, estate planning and administration, custodial services, and pre-need trusts; institutional trust products and services comprising 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts; financial services consisting of the sale of mutual funds, annuities, and insurance products; and union collective investment funds to invest union pension dollars in construction projects that utilize union labor. Further, it engages in underwriting as reinsurer of credit life and disability insurance. The company operates in Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, as well as Pennsylvania and Washington County, Maryland; and operates automated bank teller machines. AmeriServ Financial, Inc. was founded in 1983 and is headquartered in Johnstown, Pennsylvania.

CEO	Mr. Jeffrey A. Stopko CPA
WEBSITE	ameriserv.com
INDUSTRY	Banks Diversified
EMPLOYEES	329

AmeriServ Financial Inc Frequently Asked Questions

What is the ticker symbol for AmeriServ Financial Inc? What does ASRV stand for in stocks?

ASRV is the stock ticker symbol of AmeriServ Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AmeriServ Financial Inc (ASRV)?

As of Thu May 16 2024, market cap of AmeriServ Financial Inc is 47.15 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ASRV stock?

You can check ASRV's fair value in chart for subscribers.

What is the fair value of ASRV stock?

You can check ASRV's fair value in chart for subscribers. The fair value of AmeriServ Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AmeriServ Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ASRV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AmeriServ Financial Inc a good stock to buy?

The fair value guage provides a quick view whether ASRV is over valued or under valued. Whether AmeriServ Financial Inc is cheap or expensive depends on the assumptions which impact AmeriServ Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ASRV.

What is AmeriServ Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, ASRV's PE ratio (Price to Earnings) is -15.95 and Price to Sales (PS) ratio is 0.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ASRV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AmeriServ Financial Inc's stock?

In the past 10 years, AmeriServ Financial Inc has provided -0.008 (multiply by 100 for percentage) rate of return.