View Future GrowthAmeriServ Financial 過去の業績過去 基準チェック /46AmeriServ Financialの収益は年間平均-11.2%の割合で減少していますが、 Banks業界の収益は年間 増加しています。収益は年間4% 0.7%割合で 減少しています。 AmeriServ Financialの自己資本利益率は6.9%であり、純利益率は14.1%です。主要情報-11.19%収益成長率-10.38%EPS成長率Banks 業界の成長11.18%収益成長率-0.68%株主資本利益率6.92%ネット・マージン14.10%前回の決算情報30 Jun 2026最近の業績更新Reported Earnings • Jul 22Second quarter 2026 earnings released: EPS: US$0.16 (vs US$0.017 loss in 2Q 2025)Second quarter 2026 results: EPS: US$0.16 (up from US$0.017 loss in 2Q 2025). Revenue: US$16.2m (up 43% from 2Q 2025). Net income: US$2.74m (up US$3.02m from 2Q 2025). Profit margin: 17% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 23Ameriserv Financial, Inc. Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2026Ameriserv Financial, Inc. reported net loan charge-offs for the first quarter ended March 31, 2026. For the quarter, the company recognized net loan charge-offs of $206,000 compared to net loan charge-offs of $64,000 in the first quarter of 2025.お知らせ • Jan 20+ 1 more updateAmeriserv Financial, Inc. Reports Net Loan Charge-Offs for the Fourth Quarter of 2025AmeriServ Financial, Inc. reported net loan charge-offs for the fourth quarter of 2025. For the quarter, the company reported net loan charge-offs of $1.9 million, or 0.74% of total average loans compared to net loan charge-offs of $1.5 million, or 0.58% of total average loans, in the fourth quarter of 2024.Reported Earnings • Apr 01Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)Full year 2023 results: US$0.20 loss per share (down from US$0.43 profit in FY 2022). Revenue: US$45.0m (down 21% from FY 2022). Net loss: US$3.35m (down 145% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Reported Earnings • Jan 25Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)Full year 2023 results: US$0.20 loss per share (down from US$0.43 profit in FY 2022). Revenue: US$45.0m (down 21% from FY 2022). Net loss: US$3.35m (down 145% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 18Third quarter 2023 earnings released: EPS: US$0.038 (vs US$0.12 in 3Q 2022)Third quarter 2023 results: EPS: US$0.038 (down from US$0.12 in 3Q 2022). Revenue: US$12.9m (down 10% from 3Q 2022). Net income: US$647.0k (down 69% from 3Q 2022). Profit margin: 5.0% (down from 15% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesDeclared Dividend • Jul 24Second quarter dividend of US$0.03 announcedDividend of US$0.03 is the same as last year. Ex-date: 3rd August 2026 Payment date: 17th August 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 22Second quarter 2026 earnings released: EPS: US$0.16 (vs US$0.017 loss in 2Q 2025)Second quarter 2026 results: EPS: US$0.16 (up from US$0.017 loss in 2Q 2025). Revenue: US$16.2m (up 43% from 2Q 2025). Net income: US$2.74m (up US$3.02m from 2Q 2025). Profit margin: 17% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 21AmeriServ Financial, Inc. Declares Quarterly Dividend, Payable August 17, 2026AmeriServ Financial, Inc.'s Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 17, 2026, to shareholders of record on August 3, 2026.お知らせ • Jun 09AmeriServ Financial, Inc., Annual General Meeting, Jul 23, 2026AmeriServ Financial, Inc., Annual General Meeting, Jul 23, 2026.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Dave Hickton was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 23Ameriserv Financial, Inc. Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2026Ameriserv Financial, Inc. reported net loan charge-offs for the first quarter ended March 31, 2026. For the quarter, the company recognized net loan charge-offs of $206,000 compared to net loan charge-offs of $64,000 in the first quarter of 2025.分析記事 • Jan 23AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of $0.03 per share on...お知らせ • Jan 20+ 1 more updateAmeriserv Financial, Inc. Reports Net Loan Charge-Offs for the Fourth Quarter of 2025AmeriServ Financial, Inc. reported net loan charge-offs for the fourth quarter of 2025. For the quarter, the company reported net loan charge-offs of $1.9 million, or 0.74% of total average loans compared to net loan charge-offs of $1.5 million, or 0.58% of total average loans, in the fourth quarter of 2024.お知らせ • Oct 21Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable November 17, 2025AmeriServ Financial, Inc. announced Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable November 17, 2025 to shareholders of record on November 3, 2025. This cash dividend represents a 4.0% annualized yield using the October 17, 2025 closing stock price of $3.01 and a 36% payout ratio based upon 2025 year to date earnings.お知らせ • Jul 23Ameriserv Financial, Inc. Declares Quarterly Dividend, Payable on August 18, 2025AmeriServ Financial, Inc.'s Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 18, 2025 to shareholders of record on August 4, 2025.お知らせ • Jun 17AmeriServ Financial, Inc., Annual General Meeting, Jul 29, 2025AmeriServ Financial, Inc., Annual General Meeting, Jul 29, 2025.お知らせ • Apr 23Ameriserv Financial, Inc. Declares Quarterly Dividend, Payable on May 19, 2025AmeriServ Financial, Inc. board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable May 19, 2025, to shareholders of record on May 5, 2025.お知らせ • Jan 22Ameriserv Financial, Inc. Declares Quarterly Dividend, Payable on February 18, 2025AmeriServ Financial, Inc. board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable February 18, 2025, to shareholders of record on February 3, 2025.分析記事 • Oct 26AmeriServ Financial (NASDAQ:ASRV) Has Affirmed Its Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of $0.03 per share on...お知らせ • Oct 22AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable November 18, 2024AmeriServ Financial, Inc. declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable November 18, 2024, to shareholders of record on November 4, 2024.分析記事 • Aug 14We Discuss Why AmeriServ Financial, Inc.'s (NASDAQ:ASRV) CEO Compensation May Be Closely ReviewedKey Insights AmeriServ Financial to hold its Annual General Meeting on 20th of August CEO Jeff Stopko's total...分析記事 • Jul 23AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend on the 19th of August...お知らせ • Jul 20Ameriserv Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable August 19, 2024AmeriServ Financial, Inc. 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%.お知らせ • Jun 15AmeriServ Financial, Inc. Announces Cooperation and Settlement Agreement with Driver ManagementAmeriServ Financial, Inc. announced that it has reached a cooperation and settlement agreement (the “Cooperation Agreement”) with Driver Opportunity Partners I LP (collectively with its affiliates, “Driver”). Pursuant to the Cooperation Agreement, Driver has agreed to withdraw its notice of nomination of director candidates for election to the Company’s Board of Directors (the “Board”), along with other shareholder proposals, at the 2024 Annual Meeting of Shareholders and to voluntarily dismiss all outstanding litigation against AmeriServ. Further, Driver has agreed to a perpetual standstill which provides that from and at all times after the effective date of the Cooperation Agreement, Driver will not attempt to nominate director candidates at AmeriServ or bring litigation against the Company, among other provisions. AmeriServ and Driver have also executed astockpurchase agreement (the “StockPurchase Agreement”) under which the Company will acquire the approximately 628,000 AmeriServ shares held by Driver for a price equal to the five-day trailing average stock price prior to the effective date of the StockPurchase Agreement. Since these Driver shares will be acquired at a price below tangible book value, this stock repurchase will be accretive to AmeriServ shareholders. AmeriServ expects that approximately 68% of the remaining costs of $1.76 million associated with the Cooperation Agreement will be covered by directors and officers liability insurance policies held by the Company.Buy Or Sell Opportunity • May 22Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to US$2.50. The fair value is estimated to be US$3.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Apr 26AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend on the 20th of May...Upcoming Dividend • Apr 26Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 20 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.0%).Declared Dividend • Apr 24First quarter dividend of US$0.03 announcedDividend of US$0.03 is the same as last year. Ex-date: 3rd May 2024 Payment date: 20th May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.お知らせ • Apr 20Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on May 20, 2024AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable May 20, 2024 to shareholders of record on May 6, 2024. This cash dividend represents a 4.67% annualized yield using the April 17, 2024 closing common stock price of $2.57. For the first quarter of 2024, the Company's dividend payout ratio amounted to 27.3%.お知らせ • Apr 17Driver Management Company Files a Complaint in the United States District Court Against AmeriServ FinancialOn April 12, 2024, Driver Management Company LLC filed a complaint in the United States District Court for the Western District of Pennsylvania against AmeriServ Financial, Inc. and its board of directors.Buy Or Sell Opportunity • Apr 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to US$2.31. The fair value is estimated to be US$3.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Apr 01Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)Full year 2023 results: US$0.20 loss per share (down from US$0.43 profit in FY 2022). Revenue: US$45.0m (down 21% from FY 2022). Net loss: US$3.35m (down 145% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Mar 28Driver Management Company Provides Information to Shareholders of AmeriServ FinancialOn May 27, 2024, J. Abbot R. Cooper, Managing Member of Driver Management Company LLC, announced that on March 26, 2024, he was quoted in an article published by American Banker in connection with AmeriServ Financial, Inc.’s annual shareholders meeting.Buy Or Sell Opportunity • Mar 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to US$2.56. The fair value is estimated to be US$3.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Feb 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to US$2.65. The fair value is estimated to be US$3.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.お知らせ • Feb 23AmeriServ Financial, Inc., Annual General Meeting, Aug 20, 2024AmeriServ Financial, Inc., Annual General Meeting, Aug 20, 2024.分析記事 • Feb 01AmeriServ Financial (NASDAQ:ASRV) Is Due To Pay A Dividend Of $0.03AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of $0.03 per share on the 20th of...お知らせ • Feb 01Driver Management Company Issues a Letter to Shareholders of AmeriServ FinancialOn January 31, 2024, Driver Management Company LLC issued a letter to shareholders of AmeriServ Financial, Inc. expressing its view that the Company brought a claim in the Western District against Abbott Cooper alleging that he had interfered with the Company’s contract to pay Jack Babich for twenty months following Jack Babich’s retirement. Driver Management Company stated that Abbott Cooper expressed that the Company’s claims are meritless and intends to vigorously defend against them, including by asserting that, among other things, the Jack Babich agreement is void as against public policy.Reported Earnings • Jan 25Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)Full year 2023 results: US$0.20 loss per share (down from US$0.43 profit in FY 2022). Revenue: US$45.0m (down 21% from FY 2022). Net loss: US$3.35m (down 145% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Jan 23Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on February 20, 2024AmeriServ Financial, Inc. declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable February 20, 2024 to shareholders of record on February 5, 2024. This cash dividend represents a 3.87% annualized yield using the January 17, 2024, closing stock price of $3.10. The Company's Board of Directors elected to continue the common dividend at its current level given the Company's strong capital position and expected earnings improvement in 2024.お知らせ • Jan 13J. Abbott R. Cooper Responds to the Shareholder of AmeriServ FinancialOn January 12, 2024, J. Abbott R. Cooper, Managing Member of Driver Management, provided the following response to another shareholder of the Company in an email exchange initiated by such shareholder: “Imagine how not spending $2m during the first three quarters of 2023 on pointless litigation might ‘better position the Company to achieve increased earnings performance in 2024’.Upcoming Dividend • Oct 27Upcoming dividend of US$0.03 per share at 4.7% yieldEligible shareholders must have bought the stock before 03 November 2023. Payment date: 20 November 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of American dividend payers (5.3%). Higher than average of industry peers (4.1%).分析記事 • Oct 24AmeriServ Financial (NASDAQ:ASRV) Is Paying Out A Dividend Of $0.03AmeriServ Financial, Inc. ( NASDAQ:ASRV ) will pay a dividend of $0.03 on the 20th of November. This payment means that...お知らせ • Oct 21AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on November 20, 2023On October 20, 2023, AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable November 20, 2023 to shareholders of record on November 6, 2023.Reported Earnings • Oct 18Third quarter 2023 earnings released: EPS: US$0.038 (vs US$0.12 in 3Q 2022)Third quarter 2023 results: EPS: US$0.038 (down from US$0.12 in 3Q 2022). Revenue: US$12.9m (down 10% from 3Q 2022). Net income: US$647.0k (down 69% from 3Q 2022). Profit margin: 5.0% (down from 15% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Sep 21Driver Management Company LLC Sends a Letter to the Chairman of AmeriServ Financial, Inc On September 19, 2023, Driver Management Company LLC announced that it has sent a letter to J. Michael Adams, Chairman of the board of directors of AmeriServ Financial, Inc., in a receipt of a letter (the Rejection Letter), dated September 14, 2023, from Stacey Scrivani of Steven & Lee that was sent in response to Driver Management letter of September 7, 2023 (the Demand Letter) demanding to inspect certain books and records of the Company. Driver Management mentioned that among the books and records covered by the September 7, 2023 Demand Letter were any documents concerning: i) the process for, and the criteria to be used, in granting the approval contemplated by the Interlocks Bylaw; ii) the process for, and the criteria to be used, in determining that a person should be precluded from serving as a director as contemplated by the Background Check Bylaw; and iii) the Board’s background check policy. In addition, Driver Management stated that based upon the rejection letter, it appears that the Company will not allow Driver Management to inspect any documents concerning the above matters. If that is correct, please confirm that is the case.Buying Opportunity • Sep 17Now 23% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be US$3.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 11%.お知らせ • Sep 16Driver Management Company Sends a Letter to the Chairman of AmeriServ FinancialOn September 14, 2023, Driver Management Company LLC sent a letter to J. Michael Adams, Chairman of the board of directors of AmeriServ Financial, Inc. In the letter, Driver Management Company stated that the Interlocks Bylaw first appeared in the Bylaws in 2003. In 2008, Nedret Vidinli was appointed to the Board. Nedret Vidinli was then elected to the Board at the Company’s 2009 annual meeting of shareholders. Driver Management Company stated that the Company to provide the process for obtaining the approval contemplated by the Interlocks Bylaws. Assuming the Board approved Nedret Vidinli, there must be a process in place for obtaining that approval, along with objective criteria to be used in the Board’s determination to grant such approval.お知らせ • Sep 14Driver Management Company Sends a Letter to AmeriServ Financial’s CounselOn September 12, 2023, Driver Management Company LLC sent a letter to AmeriServ Financial, Inc.’s counsel. In the letter, Driver Management Company stated that reference is made to the Company letter dated August 21, 2023 and email dated August 22, 2023, both sent in response to Driver Management Company’s letter of August 1, 2023 demanding that the board of directors of the Company appoint a special litigation committee to investigate whether current and former members of the Board violated their fiduciary duties in connection with costly and ongoing litigation intended to deny the Company’s shareholders the opportunity to vote for those candidates for election to director nominated by Driver Opportunity Partners I LP at the Company’s 2023 annual meeting of shareholders. Driver Management Company stated that the crux of its demand is that denying shareholders the right to vote for Driver Management Company’s nominees at the 2023 annual meeting did not serve any cognizable interest of the Company and that the ongoing litigation to defend the Board’s determination to reject Driver Management Company’s notice of nomination has injured, and is continuing to injure, the Company.お知らせ • Sep 08Driver Management Company LLC Issues a Letter to AmeriServ Financial IncOn September 7, 2023, Driver Management Company LLC announced that it has issued a letter to AmeriServ Financial Inc as it intends to nominate J. Abbott R. Cooper for election to the Company’s board of directors at the Company’s 2024 annual meeting of shareholders and may nominate other individuals who are serving (or, during the past five years, have served) as a director of a depositary institution. In addition, Driver Management stated that J. Abbott R. Cooper is a member of the board of directors of The First of Long Island Corporation (FLIC) and as per Article 2, Section 2.14 (the Interlocks Bylaw) of AmeriServ’s amended and restated bylaws, effective as of April 2, 2020 states: No person shall be eligible for election, re-election, appointment or re-appointment to the Board of Directors if such person is or within the preceding five years has been a director of any other depository institution unless such person is approved by a majority of the Board of Directors. As a disclaimer, Driver Management believes that the Interlocks Bylaw is invalid, as the Interlocks Bylaw establishes a qualification for service on the Board and, at the time of the adoption by the Board of the Interlocks Bylaw, the Bylaws clearly stated that, among other things, the Board shall not make or alter any Bylaw fixing their qualifications, classification or term of office and believes that the Interlocks Bylaw is not in the best interest of shareholders because it improperly allows the Board to refuse those candidates who are (i) most qualified to serve on the Board yet (ii) least likely to embrace a status quo responsible for decades of underperformance.Buying Opportunity • Aug 22Now 21% undervaluedOver the last 90 days, the stock is up 4.5%. The fair value is estimated to be US$3.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 11%.New Risk • Aug 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.0% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (8.0% net profit margin). Market cap is less than US$100m (US$55.7m market cap).Reported Earnings • Aug 11Second quarter 2023 earnings released: US$0.011 loss per share (vs US$0.12 profit in 2Q 2022)Second quarter 2023 results: US$0.011 loss per share (down from US$0.12 profit in 2Q 2022). Revenue: US$12.9m (down 11% from 2Q 2022). Net loss: US$187.0k (down 109% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 28Upcoming dividend of US$0.03 per share at 3.6% yieldEligible shareholders must have bought the stock before 04 August 2023. Payment date: 21 August 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.7%). In line with average of industry peers (3.4%).分析記事 • Jul 25AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend on the 21st of August...お知らせ • Jul 23Ameriserv Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on August 21, 2023AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 21, 2023 to shareholders of record on August 7, 2023.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$2.88, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 8x in the Banks industry in the US. Total returns to shareholders of 7.1% over the past three years.Buying Opportunity • Jul 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be US$3.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 17%.お知らせ • Jun 23AmeriServ Financial, Inc. Announces Board AppointmentsAmeriServ Financial, Inc. announced that J. Michael Adams, Jr. has been elected non-executive Chairman of the Company's Board of Directors (the "Board"). In addition, AmeriServ announced that Kim W. Kunkle has been elected non-executive Vice Chairman of the Board. Mr. Adams, who previously held the role of Vice Chairman, succeeds Allan R. Dennison following his recent retirement from the Board.Mr. The Board's decision to elect Messrs. Adams and Kunkle to their new roles reflects its commitment to balancing experience and institutional knowledge with the integration of new members and fresh perspectives. Over the past three years, the Board has added four new independent members as part of its strategic refreshment. The Board intends to continue enhancing AmeriServ's corporate governance and recruiting new directors with additive skillsets. Mr. Adams is the managing member of Mike Adams & Associates LLC, a Pittsburgh-based consulting firm. He has over three decades of professional experience, including serving as legal counsel to numerous private businesses, public institutions, boards and commissions. Mr. Adams also previously served as chairman of the Board of Directors of the Daily News Publishing Co., a privately held company. He received a B.S. from Carnegie Mellon University and a J.D. from University of Pittsburgh School of Law. Kim W. Kunkle BiographyMr. Kunkle has served since 1984 as the president and CEO of Laurel Holdings, Inc., a closely held private company with wholly owned subsidiaries involved in underground utility construction, plumbing, janitorial services, metal machining, industrial tool distribution, and pipeline rehabilitation. Laurel Holdings employs more than 200 people in western Pennsylvania. He received a B.A. in management science from Duke University.お知らせ • May 24AmeriServ Financial Announces Court Denial of Driver's Request for Injunctive ReliefAmeriServ Financial, Inc. announced that the United States District Court for the Western District of Pennsylvania (the "Court") has denied Driver Opportunity Partners I LP's ("Driver") motion for a preliminary injunction to delay the Company's 2023 Annual Meeting of Shareholders (the "Annual Meeting"). The Annual Meeting will take place as scheduled on May 26, 2023. In March 2023, AmeriServ announced that its Board of Directors (the "Board") had determined that Driver's purported nomination notice was invalid due to material defects and failure to comply with the Company's bylaws. Driver subsequently filed a legal action with the Court. In its opinion issued this week, the Court stated that "Driver has failed to meet its burden to demonstrate it is likely to prevail on the merits of its claims " The Court also declared that "Driver's inability to have its director nominees considered for election at the 2023 Annual Meeting is entirely a result of its own failures, not as a result of AmeriServ's conduct." AmeriServ is represented in legal proceedings by Stevens Lee, P.C. and Vinson Elkins L.L.P.Upcoming Dividend • Apr 28Upcoming dividend of US$0.03 per share at 4.0% yieldEligible shareholders must have bought the stock before 05 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (5.1%). In line with average of industry peers (3.7%).分析記事 • Apr 25AmeriServ Financial (NASDAQ:ASRV) Has Affirmed Its Dividend Of $0.03AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of $0.03 per share on the 22nd of...Reported Earnings • Mar 29Full year 2022 earnings released: EPS: US$0.43 (vs US$0.41 in FY 2021)Full year 2022 results: EPS: US$0.43 (up from US$0.41 in FY 2021). Revenue: US$57.2m (up 2.6% from FY 2021). Net income: US$7.45m (up 5.3% from FY 2021). Profit margin: 13% (in line with FY 2021). Net interest margin (NIM): 3.27% (up from 3.15% in FY 2021). Non-performing loans: 0.52% (up from 0.34% in FY 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.分析記事 • Jan 27AmeriServ Financial's (NASDAQ:ASRV) Dividend Will Be $0.03AmeriServ Financial, Inc.'s ( NASDAQ:ASRV ) investors are due to receive a payment of $0.03 per share on 21st of...Upcoming Dividend • Jan 27Upcoming dividend of US$0.03 per share at 3.0% yieldEligible shareholders must have bought the stock before 03 February 2023. Payment date: 21 February 2023. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.3%). In line with average of industry peers (3.0%).Reported Earnings • Jan 25Full year 2022 earnings releasedFull year 2022 results: Revenue: US$57.2m (up 2.6% from FY 2021). Net income: US$7.45m (up 5.3% from FY 2021). Profit margin: 13% (in line with FY 2021).お知らせ • Jan 25AmeriServ Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on February 21, 2023The Board of Directors of AmeriServ Financial, Inc. declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable February 21, 2023 to shareholders of record on February 6, 2023.お知らせ • Jan 23Driver Management Company Sends Letter to AmeriServ FinancialOn January 20, 2023, Driver Management Company LLC delivered a letter by email and mail to AmeriServ Financial, Inc.’s Chief Executive Officer, Jeffrey Stopko. In the letter, Driver Management stated that pursuant to 15 Pa. C.S. § 1508(b), Driver Management is hereby exercising its right to inspect certain books and records and demands to inspect documents. Driver Management stated that the Corporation has 5 business days from recepit of this demand to reply substantively to this demand. Driver Management added that please advise the undersigned as promptly as practicable when and where the books and records covered by this demand would be made available to Driver Management. Driver Management stated that to the extent the Corporation wishes to provide Driver Management with copies of the books and records covered by this demand, Driver Management would bear the reasonable out of pocket costs incurred by the Corporation in copying and delivering those books and records to Driver Management. In the absence of such prompt notice, Driver Management would assume that this demand complies in all respects with the requirements of 15 Pa. C.S. § 1508(b).お知らせ • Jan 20Driver Management Company Delivers Letter by Email to AmeriServ Financial’s BoardOn January 17, 2023, Driver Management Company LLC delivered a letter by email to AmeriServ Financial, Inc.’s Chairman of the Board’s Nominating and Corporate Governance Committee, J. Michael Adams, On January 18, 2023, J. Abbott R. Cooper delivered a letter by email to the Chairman of the Board, Allan Dennison. On January 19, 2023, J. Abbott R. Cooper delivered a letter by email to Allan Dennison, in connection with the Company’s annual shareholders meeting.Upcoming Dividend • Oct 28Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 04 November 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 23% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (3.1%).お知らせ • Oct 25AmeriServ Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on November 21, 2022AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable November 21, 2022 to shareholders of record on November 7, 2022.Seeking Alpha • Oct 18AmeriServ Financial GAAP EPS of $0.12, revenue of $14.1MAmeriServ Financial press release (NASDAQ:ASRV): Q3 GAAP EPS of $0.12. Revenue of $14.1M (+3.3% Y/Y).Buying Opportunity • Sep 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.1%. The fair value is estimated to be US$4.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 3.2%.Upcoming Dividend • Jul 29Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 05 August 2022. Payment date: 22 August 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.1%). In line with average of industry peers (3.1%).分析記事 • Jul 28AmeriServ Financial (NASDAQ:ASRV) Will Pay A Dividend Of $0.03AmeriServ Financial, Inc.'s ( NASDAQ:ASRV ) investors are due to receive a payment of $0.03 per share on 22nd of...お知らせ • Jul 26Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable August 22, 2022AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 22, 2022 to shareholders of record on August 8, 2022. This cash dividend represents a 3.08% annualized yield using the July 21, 2022 closing common stock price of $3.90. For the first six months of 2022, the Company’s dividend payout ratio amounted to 21.2%.Seeking Alpha • Jul 25AmeriServ Financial declares $0.03 dividendAmeriServ Financial (NASDAQ:ASRV) declares $0.03/share quarterly dividend, in line with previous. Forward yield 3.06% Payable Aug. 22; for shareholders of record Aug. 8; ex-div Aug. 5. See ASRV Dividend Scorecard, Yield Chart, & Dividend Growth.Reported Earnings • Jul 19Second quarter 2022 earnings released: EPS: US$0.12 (vs US$0.10 in 2Q 2021)Second quarter 2022 results: EPS: US$0.12 (up from US$0.10 in 2Q 2021). Revenue: US$14.6m (up 3.0% from 2Q 2021). Net income: US$1.98m (up 16% from 2Q 2021). Profit margin: 14% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year.Seeking Alpha • Jul 19AmeriServ Financial GAAP EPS of $0.12, revenue of $14.26MAmeriServ Financial press release (NASDAQ:ASRV): Q2 GAAP EPS of $0.12. Revenue of $14.26M (-0.1% Y/Y).Reported Earnings • May 13First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.12 in 1Q 2021)First quarter 2022 results: EPS: US$0.14 (up from US$0.12 in 1Q 2021). Revenue: US$14.5m (up 4.3% from 1Q 2021). Net income: US$2.42m (up 16% from 1Q 2021). Profit margin: 17% (up from 15% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.お知らせ • May 12Amy Bradley Joins Ameriserv Financial, Inc. as an Independent DirectorThe Board of Directors of AmeriServ Financial, Inc. 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. Prior to joining the Chamber, Ms. Bradley was employed by the Conemaugh Health System as director of communications and public affairs. Her professional background also includes work as a television news anchor at WJAC TV.Upcoming Dividend • Apr 29Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (3.9%). In line with average of industry peers (2.8%).Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Dan Onorato was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Apr 22AmeriServ Financial (NASDAQ:ASRV) Is Paying Out A Larger Dividend Than Last YearAmeriServ Financial, Inc. ( NASDAQ:ASRV ) will increase its dividend on the 23rd of May to US$0.03. Based on the...Reported Earnings • Apr 20First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.12 in 1Q 2021)First quarter 2022 results: EPS: US$0.14 (up from US$0.12 in 1Q 2021). Revenue: US$14.5m (up 5.5% from 1Q 2021). Net income: US$2.42m (up 16% from 1Q 2021). Profit margin: 17% (up from 15% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.お知らせ • Apr 20AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable May 23, 2022AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. This new quarterly dividend amount represents a 20% increase from the previous $0.025 per share quarterly dividend. The cash dividend is payable May 23, 2022 to shareholders of record on May 9, 2022.Buying Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.5%. The fair value is estimated to be US$4.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has declined by 9.9%.Reported Earnings • Mar 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.41 (up from US$0.27 in FY 2020). Revenue: US$55.7m (up 11% from FY 2020). Net income: US$7.07m (up 54% from FY 2020). Profit margin: 13% (up from 9.1% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.15% (down from 3.19% in FY 2020). Non-performing loans: 0.33% (up from 0.26% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.分析記事 • Jan 28AmeriServ Financial (NASDAQ:ASRV) Will Pay A Dividend Of US$0.025AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of US$0.025 per share on the 22nd...Reported Earnings • Jan 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.41 (up from US$0.27 in FY 2020). Revenue: US$55.7m (up 11% from FY 2020). Net income: US$7.07m (up 54% from FY 2020). Profit margin: 13% (up from 9.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Jan 26AmeriServ Financial, Inc. Reports Net Loan Charge-Offs for the Quarter Ended December 31, 2021AmeriServ Financial, Inc. reported net loan charge-offs for the quarter ended December 31, 2021. The Company experienced low net loan charge-offs of $47,000, which equates to 0.00% of total loans, in 2021 and compares favorably to net loan charge-offs of $309,000, or 0.03% of total loans, in 2020.Board Change • Dec 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Dan Onorato was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Oct 29Upcoming dividend of US$0.025 per shareEligible shareholders must have bought the stock before 05 November 2021. Payment date: 22 November 2021. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (3.5%). Higher than average of industry peers (2.2%).Reported Earnings • Oct 21Third quarter 2021 earnings released: EPS US$0.084 (vs US$0.063 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$13.3m (up 7.0% from 3Q 2020). Net income: US$1.43m (up 33% from 3Q 2020). Profit margin: 11% (up from 8.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Aug 27AmeriServ Financial, Inc. announced that it has received $27 million in fundingAmeriServ Financial, Inc. announced a private placement of fixed-to-floating rate subordinated notes for gross proceeds of $27 million on August 26, 2021. The notes were issued to certain qualified institutional buyers and accredited investors. The notes have been structured to qualify as Tier 2 capital for regulatory capital purposes. The notes are unsecured and have a ten-year term maturing September 1, 2031 and will bear interest at a fixed annual rate of 3.75%, payable semi-annually in arrears until September 1, 2026. From and including September 1, 2026, the interest rate will reset quarterly to the then current three-month Secured Overnight Financing Rate (SOFR) plus 3.11%. The company may redeem the Notes, in whole or in part, on or after September 1, 2026, or at any time in whole upon certain other specified events.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS US$0.10 (vs US$0.083 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$14.2m (up 11% from 2Q 2020). Net income: US$1.71m (up 20% from 2Q 2020). Profit margin: 12% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year.Recent Insider Transactions • Jul 29Independent Director recently sold US$76k worth of stockOn the 23rd of July, Kim Kunkle sold around 20k shares on-market at roughly US$3.81 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$42k more than they bought in the last 12 months.分析記事 • Jul 23AmeriServ Financial (NASDAQ:ASRV) Has Re-Affirmed Its Dividend Of US$0.025The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of US$0.025 per share...お知らせ • May 25AmeriServ Financial, Inc. (NasdaqGM:ASRV) completed the acquisition of Branch, deposit customers in Meyersdale and Borough of Citizen's Neighborhood Bank from Riverview Bank.AmeriServ Financial, Inc. (NasdaqGM:ASRV) entered into a definitive agreement to acquire Branch, deposit customers in Meyersdale and Borough of Citizen's Neighborhood Bank from Riverview Bank on January 15, 2021. As of the agreement date, the related deposits total approximately $48 million and will be acquired for a 3.71% deposit premium. The Meyersdale branch will continue in operation under the AmeriServ name and Somerset branch customers will be serviced from the neighboring full service AmeriServ office at 108 West Main Street. The branch employees and customers will join AmeriServ family. The transaction is subject to regulatory approvals and satisfaction of customary closing conditions. The transaction is expected to close in the second quarter of 2021. This transaction will be immediately accretive to AmeriServ earnings and the approximate 2% dilution to AmeriServ's tangible book value will be earned back in less than three years. Stevens & Lee acted as legal advisor to AmeriServ Financial, Inc. Griffin Financial Group acted as financial advisor to AmeriServ Financial, Inc. Luse Gorman, PC acted as legal advisor and Ategra Capital Management acted as financial advisor to Riverview. AmeriServ Financial, Inc. (NasdaqGM:ASRV) completed the acquisition of Branch, deposit customers in Meyersdale and Borough of Citizen's Neighborhood Bank from Riverview Bank on May 24, 2021.Reported Earnings • Apr 26First quarter 2021 earnings released: EPS US$0.12 (vs US$0.083 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$13.9m (up 12% from 1Q 2020). Net income: US$2.08m (up 48% from 1Q 2020). Profit margin: 15% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.分析記事 • Apr 21Why We Think AmeriServ Financial, Inc.'s (NASDAQ:ASRV) CEO Compensation Is Not Excessive At AllCEO Jeff Stopko has done a decent job of delivering relatively good performance at AmeriServ Financial, Inc...Reported Earnings • Mar 13Full year 2020 earnings released: EPS US$0.27 (vs US$0.35 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$50.3m (up 1.7% from FY 2019). Net income: US$4.60m (down 24% from FY 2019). Profit margin: 9.1% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 3.19% (down from 3.29% in FY 2019). Non-performing loans: 0.26% (up from 0.17% in FY 2019). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$4.35, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.9x. This compares to an average P/E of 13x in the Banks industry in the US. Total returns to shareholders over the past three years are 16%.収支内訳AmeriServ Financial の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NasdaqGM:ASRV 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費30 Jun 2660944031 Mar 2656543031 Dec 2555643030 Sep 2553542030 Jun 2552442031 Mar 2553443031 Dec 2453443030 Sep 2446-343030 Jun 2445-344031 Mar 2445-344031 Dec 2345-345030 Sep 2353344030 Jun 2355443031 Mar 2357741031 Dec 2257741030 Sep 2258841030 Jun 2257841031 Mar 2256740031 Dec 2156739030 Sep 2154638030 Jun 2153638031 Mar 2152538031 Dec 2050539030 Sep 2049537030 Jun 2049536031 Mar 2049635031 Dec 1949635030 Sep 1951735030 Jun 1951834031 Mar 1951834031 Dec 1850834030 Sep 1850534030 Jun 1850434031 Mar 1850434031 Dec 1749334030 Sep 1749534030 Jun 1748534031 Mar 1748534031 Dec 1645234030 Sep 1645234030 Jun 1646334031 Mar 1646335031 Dec 1549634030 Sep 15495340質の高い収益: ASRVは 高品質の収益 を持っています。利益率の向上: ASRVの現在の純利益率 (14.1%)は、昨年(7.2%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: ASRVの収益は過去 5 年間で年間11.2%減少しました。成長の加速: ASRVの過去 1 年間の収益成長率 ( 130.3% ) は、5 年間の平均 ( 年間-11.2%を上回っています。収益対業界: ASRVの過去 1 年間の収益成長率 ( 130.3% ) はBanks業界23.3%を上回りました。株主資本利益率高いROE: ASRVの 自己資本利益率 ( 6.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YBanks 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/14 05:08終値2026/08/14 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋AmeriServ Financial, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Jul 22Second quarter 2026 earnings released: EPS: US$0.16 (vs US$0.017 loss in 2Q 2025)Second quarter 2026 results: EPS: US$0.16 (up from US$0.017 loss in 2Q 2025). Revenue: US$16.2m (up 43% from 2Q 2025). Net income: US$2.74m (up US$3.02m from 2Q 2025). Profit margin: 17% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 23Ameriserv Financial, Inc. Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2026Ameriserv Financial, Inc. reported net loan charge-offs for the first quarter ended March 31, 2026. For the quarter, the company recognized net loan charge-offs of $206,000 compared to net loan charge-offs of $64,000 in the first quarter of 2025.
お知らせ • Jan 20+ 1 more updateAmeriserv Financial, Inc. Reports Net Loan Charge-Offs for the Fourth Quarter of 2025AmeriServ Financial, Inc. reported net loan charge-offs for the fourth quarter of 2025. For the quarter, the company reported net loan charge-offs of $1.9 million, or 0.74% of total average loans compared to net loan charge-offs of $1.5 million, or 0.58% of total average loans, in the fourth quarter of 2024.
Reported Earnings • Apr 01Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)Full year 2023 results: US$0.20 loss per share (down from US$0.43 profit in FY 2022). Revenue: US$45.0m (down 21% from FY 2022). Net loss: US$3.35m (down 145% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jan 25Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)Full year 2023 results: US$0.20 loss per share (down from US$0.43 profit in FY 2022). Revenue: US$45.0m (down 21% from FY 2022). Net loss: US$3.35m (down 145% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 18Third quarter 2023 earnings released: EPS: US$0.038 (vs US$0.12 in 3Q 2022)Third quarter 2023 results: EPS: US$0.038 (down from US$0.12 in 3Q 2022). Revenue: US$12.9m (down 10% from 3Q 2022). Net income: US$647.0k (down 69% from 3Q 2022). Profit margin: 5.0% (down from 15% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 24Second quarter dividend of US$0.03 announcedDividend of US$0.03 is the same as last year. Ex-date: 3rd August 2026 Payment date: 17th August 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 22Second quarter 2026 earnings released: EPS: US$0.16 (vs US$0.017 loss in 2Q 2025)Second quarter 2026 results: EPS: US$0.16 (up from US$0.017 loss in 2Q 2025). Revenue: US$16.2m (up 43% from 2Q 2025). Net income: US$2.74m (up US$3.02m from 2Q 2025). Profit margin: 17% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 21AmeriServ Financial, Inc. Declares Quarterly Dividend, Payable August 17, 2026AmeriServ Financial, Inc.'s Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 17, 2026, to shareholders of record on August 3, 2026.
お知らせ • Jun 09AmeriServ Financial, Inc., Annual General Meeting, Jul 23, 2026AmeriServ Financial, Inc., Annual General Meeting, Jul 23, 2026.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Dave Hickton was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 23Ameriserv Financial, Inc. Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2026Ameriserv Financial, Inc. reported net loan charge-offs for the first quarter ended March 31, 2026. For the quarter, the company recognized net loan charge-offs of $206,000 compared to net loan charge-offs of $64,000 in the first quarter of 2025.
分析記事 • Jan 23AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of $0.03 per share on...
お知らせ • Jan 20+ 1 more updateAmeriserv Financial, Inc. Reports Net Loan Charge-Offs for the Fourth Quarter of 2025AmeriServ Financial, Inc. reported net loan charge-offs for the fourth quarter of 2025. For the quarter, the company reported net loan charge-offs of $1.9 million, or 0.74% of total average loans compared to net loan charge-offs of $1.5 million, or 0.58% of total average loans, in the fourth quarter of 2024.
お知らせ • Oct 21Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable November 17, 2025AmeriServ Financial, Inc. announced Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable November 17, 2025 to shareholders of record on November 3, 2025. This cash dividend represents a 4.0% annualized yield using the October 17, 2025 closing stock price of $3.01 and a 36% payout ratio based upon 2025 year to date earnings.
お知らせ • Jul 23Ameriserv Financial, Inc. Declares Quarterly Dividend, Payable on August 18, 2025AmeriServ Financial, Inc.'s Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 18, 2025 to shareholders of record on August 4, 2025.
お知らせ • Jun 17AmeriServ Financial, Inc., Annual General Meeting, Jul 29, 2025AmeriServ Financial, Inc., Annual General Meeting, Jul 29, 2025.
お知らせ • Apr 23Ameriserv Financial, Inc. Declares Quarterly Dividend, Payable on May 19, 2025AmeriServ Financial, Inc. board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable May 19, 2025, to shareholders of record on May 5, 2025.
お知らせ • Jan 22Ameriserv Financial, Inc. Declares Quarterly Dividend, Payable on February 18, 2025AmeriServ Financial, Inc. board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable February 18, 2025, to shareholders of record on February 3, 2025.
分析記事 • Oct 26AmeriServ Financial (NASDAQ:ASRV) Has Affirmed Its Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of $0.03 per share on...
お知らせ • Oct 22AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable November 18, 2024AmeriServ Financial, Inc. declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable November 18, 2024, to shareholders of record on November 4, 2024.
分析記事 • Aug 14We Discuss Why AmeriServ Financial, Inc.'s (NASDAQ:ASRV) CEO Compensation May Be Closely ReviewedKey Insights AmeriServ Financial to hold its Annual General Meeting on 20th of August CEO Jeff Stopko's total...
分析記事 • Jul 23AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend on the 19th of August...
お知らせ • Jul 20Ameriserv Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable August 19, 2024AmeriServ Financial, Inc. 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%.
お知らせ • Jun 15AmeriServ Financial, Inc. Announces Cooperation and Settlement Agreement with Driver ManagementAmeriServ Financial, Inc. announced that it has reached a cooperation and settlement agreement (the “Cooperation Agreement”) with Driver Opportunity Partners I LP (collectively with its affiliates, “Driver”). Pursuant to the Cooperation Agreement, Driver has agreed to withdraw its notice of nomination of director candidates for election to the Company’s Board of Directors (the “Board”), along with other shareholder proposals, at the 2024 Annual Meeting of Shareholders and to voluntarily dismiss all outstanding litigation against AmeriServ. Further, Driver has agreed to a perpetual standstill which provides that from and at all times after the effective date of the Cooperation Agreement, Driver will not attempt to nominate director candidates at AmeriServ or bring litigation against the Company, among other provisions. AmeriServ and Driver have also executed astockpurchase agreement (the “StockPurchase Agreement”) under which the Company will acquire the approximately 628,000 AmeriServ shares held by Driver for a price equal to the five-day trailing average stock price prior to the effective date of the StockPurchase Agreement. Since these Driver shares will be acquired at a price below tangible book value, this stock repurchase will be accretive to AmeriServ shareholders. AmeriServ expects that approximately 68% of the remaining costs of $1.76 million associated with the Cooperation Agreement will be covered by directors and officers liability insurance policies held by the Company.
Buy Or Sell Opportunity • May 22Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to US$2.50. The fair value is estimated to be US$3.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Apr 26AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend on the 20th of May...
Upcoming Dividend • Apr 26Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 20 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.0%).
Declared Dividend • Apr 24First quarter dividend of US$0.03 announcedDividend of US$0.03 is the same as last year. Ex-date: 3rd May 2024 Payment date: 20th May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
お知らせ • Apr 20Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on May 20, 2024AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable May 20, 2024 to shareholders of record on May 6, 2024. This cash dividend represents a 4.67% annualized yield using the April 17, 2024 closing common stock price of $2.57. For the first quarter of 2024, the Company's dividend payout ratio amounted to 27.3%.
お知らせ • Apr 17Driver Management Company Files a Complaint in the United States District Court Against AmeriServ FinancialOn April 12, 2024, Driver Management Company LLC filed a complaint in the United States District Court for the Western District of Pennsylvania against AmeriServ Financial, Inc. and its board of directors.
Buy Or Sell Opportunity • Apr 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to US$2.31. The fair value is estimated to be US$3.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Apr 01Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)Full year 2023 results: US$0.20 loss per share (down from US$0.43 profit in FY 2022). Revenue: US$45.0m (down 21% from FY 2022). Net loss: US$3.35m (down 145% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 28Driver Management Company Provides Information to Shareholders of AmeriServ FinancialOn May 27, 2024, J. Abbot R. Cooper, Managing Member of Driver Management Company LLC, announced that on March 26, 2024, he was quoted in an article published by American Banker in connection with AmeriServ Financial, Inc.’s annual shareholders meeting.
Buy Or Sell Opportunity • Mar 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to US$2.56. The fair value is estimated to be US$3.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Feb 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to US$2.65. The fair value is estimated to be US$3.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Feb 23AmeriServ Financial, Inc., Annual General Meeting, Aug 20, 2024AmeriServ Financial, Inc., Annual General Meeting, Aug 20, 2024.
分析記事 • Feb 01AmeriServ Financial (NASDAQ:ASRV) Is Due To Pay A Dividend Of $0.03AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of $0.03 per share on the 20th of...
お知らせ • Feb 01Driver Management Company Issues a Letter to Shareholders of AmeriServ FinancialOn January 31, 2024, Driver Management Company LLC issued a letter to shareholders of AmeriServ Financial, Inc. expressing its view that the Company brought a claim in the Western District against Abbott Cooper alleging that he had interfered with the Company’s contract to pay Jack Babich for twenty months following Jack Babich’s retirement. Driver Management Company stated that Abbott Cooper expressed that the Company’s claims are meritless and intends to vigorously defend against them, including by asserting that, among other things, the Jack Babich agreement is void as against public policy.
Reported Earnings • Jan 25Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)Full year 2023 results: US$0.20 loss per share (down from US$0.43 profit in FY 2022). Revenue: US$45.0m (down 21% from FY 2022). Net loss: US$3.35m (down 145% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 23Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on February 20, 2024AmeriServ Financial, Inc. declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable February 20, 2024 to shareholders of record on February 5, 2024. This cash dividend represents a 3.87% annualized yield using the January 17, 2024, closing stock price of $3.10. The Company's Board of Directors elected to continue the common dividend at its current level given the Company's strong capital position and expected earnings improvement in 2024.
お知らせ • Jan 13J. Abbott R. Cooper Responds to the Shareholder of AmeriServ FinancialOn January 12, 2024, J. Abbott R. Cooper, Managing Member of Driver Management, provided the following response to another shareholder of the Company in an email exchange initiated by such shareholder: “Imagine how not spending $2m during the first three quarters of 2023 on pointless litigation might ‘better position the Company to achieve increased earnings performance in 2024’.
Upcoming Dividend • Oct 27Upcoming dividend of US$0.03 per share at 4.7% yieldEligible shareholders must have bought the stock before 03 November 2023. Payment date: 20 November 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of American dividend payers (5.3%). Higher than average of industry peers (4.1%).
分析記事 • Oct 24AmeriServ Financial (NASDAQ:ASRV) Is Paying Out A Dividend Of $0.03AmeriServ Financial, Inc. ( NASDAQ:ASRV ) will pay a dividend of $0.03 on the 20th of November. This payment means that...
お知らせ • Oct 21AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on November 20, 2023On October 20, 2023, AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable November 20, 2023 to shareholders of record on November 6, 2023.
Reported Earnings • Oct 18Third quarter 2023 earnings released: EPS: US$0.038 (vs US$0.12 in 3Q 2022)Third quarter 2023 results: EPS: US$0.038 (down from US$0.12 in 3Q 2022). Revenue: US$12.9m (down 10% from 3Q 2022). Net income: US$647.0k (down 69% from 3Q 2022). Profit margin: 5.0% (down from 15% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Sep 21Driver Management Company LLC Sends a Letter to the Chairman of AmeriServ Financial, Inc On September 19, 2023, Driver Management Company LLC announced that it has sent a letter to J. Michael Adams, Chairman of the board of directors of AmeriServ Financial, Inc., in a receipt of a letter (the Rejection Letter), dated September 14, 2023, from Stacey Scrivani of Steven & Lee that was sent in response to Driver Management letter of September 7, 2023 (the Demand Letter) demanding to inspect certain books and records of the Company. Driver Management mentioned that among the books and records covered by the September 7, 2023 Demand Letter were any documents concerning: i) the process for, and the criteria to be used, in granting the approval contemplated by the Interlocks Bylaw; ii) the process for, and the criteria to be used, in determining that a person should be precluded from serving as a director as contemplated by the Background Check Bylaw; and iii) the Board’s background check policy. In addition, Driver Management stated that based upon the rejection letter, it appears that the Company will not allow Driver Management to inspect any documents concerning the above matters. If that is correct, please confirm that is the case.
Buying Opportunity • Sep 17Now 23% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be US$3.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 11%.
お知らせ • Sep 16Driver Management Company Sends a Letter to the Chairman of AmeriServ FinancialOn September 14, 2023, Driver Management Company LLC sent a letter to J. Michael Adams, Chairman of the board of directors of AmeriServ Financial, Inc. In the letter, Driver Management Company stated that the Interlocks Bylaw first appeared in the Bylaws in 2003. In 2008, Nedret Vidinli was appointed to the Board. Nedret Vidinli was then elected to the Board at the Company’s 2009 annual meeting of shareholders. Driver Management Company stated that the Company to provide the process for obtaining the approval contemplated by the Interlocks Bylaws. Assuming the Board approved Nedret Vidinli, there must be a process in place for obtaining that approval, along with objective criteria to be used in the Board’s determination to grant such approval.
お知らせ • Sep 14Driver Management Company Sends a Letter to AmeriServ Financial’s CounselOn September 12, 2023, Driver Management Company LLC sent a letter to AmeriServ Financial, Inc.’s counsel. In the letter, Driver Management Company stated that reference is made to the Company letter dated August 21, 2023 and email dated August 22, 2023, both sent in response to Driver Management Company’s letter of August 1, 2023 demanding that the board of directors of the Company appoint a special litigation committee to investigate whether current and former members of the Board violated their fiduciary duties in connection with costly and ongoing litigation intended to deny the Company’s shareholders the opportunity to vote for those candidates for election to director nominated by Driver Opportunity Partners I LP at the Company’s 2023 annual meeting of shareholders. Driver Management Company stated that the crux of its demand is that denying shareholders the right to vote for Driver Management Company’s nominees at the 2023 annual meeting did not serve any cognizable interest of the Company and that the ongoing litigation to defend the Board’s determination to reject Driver Management Company’s notice of nomination has injured, and is continuing to injure, the Company.
お知らせ • Sep 08Driver Management Company LLC Issues a Letter to AmeriServ Financial IncOn September 7, 2023, Driver Management Company LLC announced that it has issued a letter to AmeriServ Financial Inc as it intends to nominate J. Abbott R. Cooper for election to the Company’s board of directors at the Company’s 2024 annual meeting of shareholders and may nominate other individuals who are serving (or, during the past five years, have served) as a director of a depositary institution. In addition, Driver Management stated that J. Abbott R. Cooper is a member of the board of directors of The First of Long Island Corporation (FLIC) and as per Article 2, Section 2.14 (the Interlocks Bylaw) of AmeriServ’s amended and restated bylaws, effective as of April 2, 2020 states: No person shall be eligible for election, re-election, appointment or re-appointment to the Board of Directors if such person is or within the preceding five years has been a director of any other depository institution unless such person is approved by a majority of the Board of Directors. As a disclaimer, Driver Management believes that the Interlocks Bylaw is invalid, as the Interlocks Bylaw establishes a qualification for service on the Board and, at the time of the adoption by the Board of the Interlocks Bylaw, the Bylaws clearly stated that, among other things, the Board shall not make or alter any Bylaw fixing their qualifications, classification or term of office and believes that the Interlocks Bylaw is not in the best interest of shareholders because it improperly allows the Board to refuse those candidates who are (i) most qualified to serve on the Board yet (ii) least likely to embrace a status quo responsible for decades of underperformance.
Buying Opportunity • Aug 22Now 21% undervaluedOver the last 90 days, the stock is up 4.5%. The fair value is estimated to be US$3.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 11%.
New Risk • Aug 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.0% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (8.0% net profit margin). Market cap is less than US$100m (US$55.7m market cap).
Reported Earnings • Aug 11Second quarter 2023 earnings released: US$0.011 loss per share (vs US$0.12 profit in 2Q 2022)Second quarter 2023 results: US$0.011 loss per share (down from US$0.12 profit in 2Q 2022). Revenue: US$12.9m (down 11% from 2Q 2022). Net loss: US$187.0k (down 109% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 28Upcoming dividend of US$0.03 per share at 3.6% yieldEligible shareholders must have bought the stock before 04 August 2023. Payment date: 21 August 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.7%). In line with average of industry peers (3.4%).
分析記事 • Jul 25AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend on the 21st of August...
お知らせ • Jul 23Ameriserv Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on August 21, 2023AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 21, 2023 to shareholders of record on August 7, 2023.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$2.88, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 8x in the Banks industry in the US. Total returns to shareholders of 7.1% over the past three years.
Buying Opportunity • Jul 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be US$3.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 17%.
お知らせ • Jun 23AmeriServ Financial, Inc. Announces Board AppointmentsAmeriServ Financial, Inc. announced that J. Michael Adams, Jr. has been elected non-executive Chairman of the Company's Board of Directors (the "Board"). In addition, AmeriServ announced that Kim W. Kunkle has been elected non-executive Vice Chairman of the Board. Mr. Adams, who previously held the role of Vice Chairman, succeeds Allan R. Dennison following his recent retirement from the Board.Mr. The Board's decision to elect Messrs. Adams and Kunkle to their new roles reflects its commitment to balancing experience and institutional knowledge with the integration of new members and fresh perspectives. Over the past three years, the Board has added four new independent members as part of its strategic refreshment. The Board intends to continue enhancing AmeriServ's corporate governance and recruiting new directors with additive skillsets. Mr. Adams is the managing member of Mike Adams & Associates LLC, a Pittsburgh-based consulting firm. He has over three decades of professional experience, including serving as legal counsel to numerous private businesses, public institutions, boards and commissions. Mr. Adams also previously served as chairman of the Board of Directors of the Daily News Publishing Co., a privately held company. He received a B.S. from Carnegie Mellon University and a J.D. from University of Pittsburgh School of Law. Kim W. Kunkle BiographyMr. Kunkle has served since 1984 as the president and CEO of Laurel Holdings, Inc., a closely held private company with wholly owned subsidiaries involved in underground utility construction, plumbing, janitorial services, metal machining, industrial tool distribution, and pipeline rehabilitation. Laurel Holdings employs more than 200 people in western Pennsylvania. He received a B.A. in management science from Duke University.
お知らせ • May 24AmeriServ Financial Announces Court Denial of Driver's Request for Injunctive ReliefAmeriServ Financial, Inc. announced that the United States District Court for the Western District of Pennsylvania (the "Court") has denied Driver Opportunity Partners I LP's ("Driver") motion for a preliminary injunction to delay the Company's 2023 Annual Meeting of Shareholders (the "Annual Meeting"). The Annual Meeting will take place as scheduled on May 26, 2023. In March 2023, AmeriServ announced that its Board of Directors (the "Board") had determined that Driver's purported nomination notice was invalid due to material defects and failure to comply with the Company's bylaws. Driver subsequently filed a legal action with the Court. In its opinion issued this week, the Court stated that "Driver has failed to meet its burden to demonstrate it is likely to prevail on the merits of its claims " The Court also declared that "Driver's inability to have its director nominees considered for election at the 2023 Annual Meeting is entirely a result of its own failures, not as a result of AmeriServ's conduct." AmeriServ is represented in legal proceedings by Stevens Lee, P.C. and Vinson Elkins L.L.P.
Upcoming Dividend • Apr 28Upcoming dividend of US$0.03 per share at 4.0% yieldEligible shareholders must have bought the stock before 05 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (5.1%). In line with average of industry peers (3.7%).
分析記事 • Apr 25AmeriServ Financial (NASDAQ:ASRV) Has Affirmed Its Dividend Of $0.03AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of $0.03 per share on the 22nd of...
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: US$0.43 (vs US$0.41 in FY 2021)Full year 2022 results: EPS: US$0.43 (up from US$0.41 in FY 2021). Revenue: US$57.2m (up 2.6% from FY 2021). Net income: US$7.45m (up 5.3% from FY 2021). Profit margin: 13% (in line with FY 2021). Net interest margin (NIM): 3.27% (up from 3.15% in FY 2021). Non-performing loans: 0.52% (up from 0.34% in FY 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
分析記事 • Jan 27AmeriServ Financial's (NASDAQ:ASRV) Dividend Will Be $0.03AmeriServ Financial, Inc.'s ( NASDAQ:ASRV ) investors are due to receive a payment of $0.03 per share on 21st of...
Upcoming Dividend • Jan 27Upcoming dividend of US$0.03 per share at 3.0% yieldEligible shareholders must have bought the stock before 03 February 2023. Payment date: 21 February 2023. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.3%). In line with average of industry peers (3.0%).
Reported Earnings • Jan 25Full year 2022 earnings releasedFull year 2022 results: Revenue: US$57.2m (up 2.6% from FY 2021). Net income: US$7.45m (up 5.3% from FY 2021). Profit margin: 13% (in line with FY 2021).
お知らせ • Jan 25AmeriServ Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on February 21, 2023The Board of Directors of AmeriServ Financial, Inc. declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable February 21, 2023 to shareholders of record on February 6, 2023.
お知らせ • Jan 23Driver Management Company Sends Letter to AmeriServ FinancialOn January 20, 2023, Driver Management Company LLC delivered a letter by email and mail to AmeriServ Financial, Inc.’s Chief Executive Officer, Jeffrey Stopko. In the letter, Driver Management stated that pursuant to 15 Pa. C.S. § 1508(b), Driver Management is hereby exercising its right to inspect certain books and records and demands to inspect documents. Driver Management stated that the Corporation has 5 business days from recepit of this demand to reply substantively to this demand. Driver Management added that please advise the undersigned as promptly as practicable when and where the books and records covered by this demand would be made available to Driver Management. Driver Management stated that to the extent the Corporation wishes to provide Driver Management with copies of the books and records covered by this demand, Driver Management would bear the reasonable out of pocket costs incurred by the Corporation in copying and delivering those books and records to Driver Management. In the absence of such prompt notice, Driver Management would assume that this demand complies in all respects with the requirements of 15 Pa. C.S. § 1508(b).
お知らせ • Jan 20Driver Management Company Delivers Letter by Email to AmeriServ Financial’s BoardOn January 17, 2023, Driver Management Company LLC delivered a letter by email to AmeriServ Financial, Inc.’s Chairman of the Board’s Nominating and Corporate Governance Committee, J. Michael Adams, On January 18, 2023, J. Abbott R. Cooper delivered a letter by email to the Chairman of the Board, Allan Dennison. On January 19, 2023, J. Abbott R. Cooper delivered a letter by email to Allan Dennison, in connection with the Company’s annual shareholders meeting.
Upcoming Dividend • Oct 28Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 04 November 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 23% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (3.1%).
お知らせ • Oct 25AmeriServ Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on November 21, 2022AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable November 21, 2022 to shareholders of record on November 7, 2022.
Seeking Alpha • Oct 18AmeriServ Financial GAAP EPS of $0.12, revenue of $14.1MAmeriServ Financial press release (NASDAQ:ASRV): Q3 GAAP EPS of $0.12. Revenue of $14.1M (+3.3% Y/Y).
Buying Opportunity • Sep 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.1%. The fair value is estimated to be US$4.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 3.2%.
Upcoming Dividend • Jul 29Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 05 August 2022. Payment date: 22 August 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.1%). In line with average of industry peers (3.1%).
分析記事 • Jul 28AmeriServ Financial (NASDAQ:ASRV) Will Pay A Dividend Of $0.03AmeriServ Financial, Inc.'s ( NASDAQ:ASRV ) investors are due to receive a payment of $0.03 per share on 22nd of...
お知らせ • Jul 26Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable August 22, 2022AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable August 22, 2022 to shareholders of record on August 8, 2022. This cash dividend represents a 3.08% annualized yield using the July 21, 2022 closing common stock price of $3.90. For the first six months of 2022, the Company’s dividend payout ratio amounted to 21.2%.
Seeking Alpha • Jul 25AmeriServ Financial declares $0.03 dividendAmeriServ Financial (NASDAQ:ASRV) declares $0.03/share quarterly dividend, in line with previous. Forward yield 3.06% Payable Aug. 22; for shareholders of record Aug. 8; ex-div Aug. 5. See ASRV Dividend Scorecard, Yield Chart, & Dividend Growth.
Reported Earnings • Jul 19Second quarter 2022 earnings released: EPS: US$0.12 (vs US$0.10 in 2Q 2021)Second quarter 2022 results: EPS: US$0.12 (up from US$0.10 in 2Q 2021). Revenue: US$14.6m (up 3.0% from 2Q 2021). Net income: US$1.98m (up 16% from 2Q 2021). Profit margin: 14% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year.
Seeking Alpha • Jul 19AmeriServ Financial GAAP EPS of $0.12, revenue of $14.26MAmeriServ Financial press release (NASDAQ:ASRV): Q2 GAAP EPS of $0.12. Revenue of $14.26M (-0.1% Y/Y).
Reported Earnings • May 13First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.12 in 1Q 2021)First quarter 2022 results: EPS: US$0.14 (up from US$0.12 in 1Q 2021). Revenue: US$14.5m (up 4.3% from 1Q 2021). Net income: US$2.42m (up 16% from 1Q 2021). Profit margin: 17% (up from 15% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.
お知らせ • May 12Amy Bradley Joins Ameriserv Financial, Inc. as an Independent DirectorThe Board of Directors of AmeriServ Financial, Inc. 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. Prior to joining the Chamber, Ms. Bradley was employed by the Conemaugh Health System as director of communications and public affairs. Her professional background also includes work as a television news anchor at WJAC TV.
Upcoming Dividend • Apr 29Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (3.9%). In line with average of industry peers (2.8%).
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Dan Onorato was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Apr 22AmeriServ Financial (NASDAQ:ASRV) Is Paying Out A Larger Dividend Than Last YearAmeriServ Financial, Inc. ( NASDAQ:ASRV ) will increase its dividend on the 23rd of May to US$0.03. Based on the...
Reported Earnings • Apr 20First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.12 in 1Q 2021)First quarter 2022 results: EPS: US$0.14 (up from US$0.12 in 1Q 2021). Revenue: US$14.5m (up 5.5% from 1Q 2021). Net income: US$2.42m (up 16% from 1Q 2021). Profit margin: 17% (up from 15% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.
お知らせ • Apr 20AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable May 23, 2022AmeriServ Financial, Inc. announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. This new quarterly dividend amount represents a 20% increase from the previous $0.025 per share quarterly dividend. The cash dividend is payable May 23, 2022 to shareholders of record on May 9, 2022.
Buying Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.5%. The fair value is estimated to be US$4.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has declined by 9.9%.
Reported Earnings • Mar 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.41 (up from US$0.27 in FY 2020). Revenue: US$55.7m (up 11% from FY 2020). Net income: US$7.07m (up 54% from FY 2020). Profit margin: 13% (up from 9.1% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.15% (down from 3.19% in FY 2020). Non-performing loans: 0.33% (up from 0.26% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
分析記事 • Jan 28AmeriServ Financial (NASDAQ:ASRV) Will Pay A Dividend Of US$0.025AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of US$0.025 per share on the 22nd...
Reported Earnings • Jan 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.41 (up from US$0.27 in FY 2020). Revenue: US$55.7m (up 11% from FY 2020). Net income: US$7.07m (up 54% from FY 2020). Profit margin: 13% (up from 9.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Jan 26AmeriServ Financial, Inc. Reports Net Loan Charge-Offs for the Quarter Ended December 31, 2021AmeriServ Financial, Inc. reported net loan charge-offs for the quarter ended December 31, 2021. The Company experienced low net loan charge-offs of $47,000, which equates to 0.00% of total loans, in 2021 and compares favorably to net loan charge-offs of $309,000, or 0.03% of total loans, in 2020.
Board Change • Dec 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Dan Onorato was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Oct 29Upcoming dividend of US$0.025 per shareEligible shareholders must have bought the stock before 05 November 2021. Payment date: 22 November 2021. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (3.5%). Higher than average of industry peers (2.2%).
Reported Earnings • Oct 21Third quarter 2021 earnings released: EPS US$0.084 (vs US$0.063 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$13.3m (up 7.0% from 3Q 2020). Net income: US$1.43m (up 33% from 3Q 2020). Profit margin: 11% (up from 8.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 27AmeriServ Financial, Inc. announced that it has received $27 million in fundingAmeriServ Financial, Inc. announced a private placement of fixed-to-floating rate subordinated notes for gross proceeds of $27 million on August 26, 2021. The notes were issued to certain qualified institutional buyers and accredited investors. The notes have been structured to qualify as Tier 2 capital for regulatory capital purposes. The notes are unsecured and have a ten-year term maturing September 1, 2031 and will bear interest at a fixed annual rate of 3.75%, payable semi-annually in arrears until September 1, 2026. From and including September 1, 2026, the interest rate will reset quarterly to the then current three-month Secured Overnight Financing Rate (SOFR) plus 3.11%. The company may redeem the Notes, in whole or in part, on or after September 1, 2026, or at any time in whole upon certain other specified events.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS US$0.10 (vs US$0.083 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$14.2m (up 11% from 2Q 2020). Net income: US$1.71m (up 20% from 2Q 2020). Profit margin: 12% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year.
Recent Insider Transactions • Jul 29Independent Director recently sold US$76k worth of stockOn the 23rd of July, Kim Kunkle sold around 20k shares on-market at roughly US$3.81 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$42k more than they bought in the last 12 months.
分析記事 • Jul 23AmeriServ Financial (NASDAQ:ASRV) Has Re-Affirmed Its Dividend Of US$0.025The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of US$0.025 per share...
お知らせ • May 25AmeriServ Financial, Inc. (NasdaqGM:ASRV) completed the acquisition of Branch, deposit customers in Meyersdale and Borough of Citizen's Neighborhood Bank from Riverview Bank.AmeriServ Financial, Inc. (NasdaqGM:ASRV) entered into a definitive agreement to acquire Branch, deposit customers in Meyersdale and Borough of Citizen's Neighborhood Bank from Riverview Bank on January 15, 2021. As of the agreement date, the related deposits total approximately $48 million and will be acquired for a 3.71% deposit premium. The Meyersdale branch will continue in operation under the AmeriServ name and Somerset branch customers will be serviced from the neighboring full service AmeriServ office at 108 West Main Street. The branch employees and customers will join AmeriServ family. The transaction is subject to regulatory approvals and satisfaction of customary closing conditions. The transaction is expected to close in the second quarter of 2021. This transaction will be immediately accretive to AmeriServ earnings and the approximate 2% dilution to AmeriServ's tangible book value will be earned back in less than three years. Stevens & Lee acted as legal advisor to AmeriServ Financial, Inc. Griffin Financial Group acted as financial advisor to AmeriServ Financial, Inc. Luse Gorman, PC acted as legal advisor and Ategra Capital Management acted as financial advisor to Riverview. AmeriServ Financial, Inc. (NasdaqGM:ASRV) completed the acquisition of Branch, deposit customers in Meyersdale and Borough of Citizen's Neighborhood Bank from Riverview Bank on May 24, 2021.
Reported Earnings • Apr 26First quarter 2021 earnings released: EPS US$0.12 (vs US$0.083 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$13.9m (up 12% from 1Q 2020). Net income: US$2.08m (up 48% from 1Q 2020). Profit margin: 15% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.
分析記事 • Apr 21Why We Think AmeriServ Financial, Inc.'s (NASDAQ:ASRV) CEO Compensation Is Not Excessive At AllCEO Jeff Stopko has done a decent job of delivering relatively good performance at AmeriServ Financial, Inc...
Reported Earnings • Mar 13Full year 2020 earnings released: EPS US$0.27 (vs US$0.35 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$50.3m (up 1.7% from FY 2019). Net income: US$4.60m (down 24% from FY 2019). Profit margin: 9.1% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 3.19% (down from 3.29% in FY 2019). Non-performing loans: 0.26% (up from 0.17% in FY 2019). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$4.35, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.9x. This compares to an average P/E of 13x in the Banks industry in the US. Total returns to shareholders over the past three years are 16%.