ASRV Stock Overview
AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products.
AmeriServ Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.89|
|52 Week High||US$5.34|
|52 Week Low||US$3.05|
|1 Month Change||-2.99%|
|3 Month Change||4.29%|
|1 Year Change||16.82%|
|3 Year Change||-4.89%|
|5 Year Change||5.14%|
|Change since IPO||-10.23%|
Recent News & Updates
AmeriServ Financial (NASDAQ:ASRV) Has Re-Affirmed Its Dividend Of US$0.025
The board of AmeriServ Financial, Inc. ( NASDAQ:ASRV ) has announced that it will pay a dividend of US$0.025 per share...
|ASRV||US Banks||US Market|
Return vs Industry: ASRV underperformed the US Banks industry which returned 36.7% over the past year.
Return vs Market: ASRV underperformed the US Market which returned 17.8% over the past year.
|ASRV Average Weekly Movement||3.4%|
|Banks Industry Average Movement||3.7%|
|Market Average Movement||6.1%|
|10% most volatile stocks in US Market||14.9%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: ASRV is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ASRV's weekly volatility (3%) has been stable over the past year.
About the Company
AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; and safe deposit boxes, holiday club accounts, and money orders. The company also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers.
AmeriServ Financial Fundamentals Summary
|ASRV fundamental statistics|
Is ASRV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ASRV income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.35|
|Net Profit Margin||10.98%|
How did ASRV perform over the long term?See historical performance and comparison
2.6%Current Dividend Yield
Is AmeriServ Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ASRV ($3.89) is trading above our estimate of fair value ($3.82)
Significantly Below Fair Value: ASRV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ASRV is poor value based on its PE Ratio (11.2x) compared to the US Banks industry average (10.5x).
PE vs Market: ASRV is good value based on its PE Ratio (11.2x) compared to the US market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASRV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASRV is good value based on its PB Ratio (0.6x) compared to the US Banks industry average (1.1x).
How is AmeriServ Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AmeriServ Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has AmeriServ Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASRV has high quality earnings.
Growing Profit Margin: ASRV's current net profit margins (11%) are higher than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: ASRV's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: ASRV's earnings growth over the past year (29.2%) exceeds its 5-year average (8.6% per year).
Earnings vs Industry: ASRV earnings growth over the past year (29.2%) underperformed the Banks industry 43%.
Return on Equity
High ROE: ASRV's Return on Equity (5.2%) is considered low.
How is AmeriServ Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ASRV's Assets to Equity ratio (11.8x) is moderate.
Allowance for Bad Loans: ASRV has a sufficient allowance for bad loans (390%).
Low Risk Liabilities: 93% of ASRV's liabilities are made up of primarily low risk sources of funding.
Loan Level: ASRV has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: ASRV's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: ASRV has an appropriate level of bad loans (0.3%).
What is AmeriServ Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASRV's dividend (2.57%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: ASRV's dividend (2.57%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ASRV has been paying a dividend for less than 10 years.
Growing Dividend: ASRV's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.9%), ASRV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Stopko (58 yo)
Mr. Jeffrey A. Stopko, CPA, also known as Jeff, serves as Member of Community Depository Institutions Advisory Council at Federal Reserve Bank of Philadelphia since March 2021. He has been the Chief Execut...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD579.29K) is about average for companies of similar size in the US market ($USD563.50K).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: ASRV's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: ASRV's board of directors are seasoned and experienced ( 21.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASRV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AmeriServ Financial, Inc.'s employee growth, exchange listings and data sources
- Name: AmeriServ Financial, Inc.
- Ticker: ASRV
- Exchange: NasdaqGM
- Founded: 1983
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$64.910m
- Shares outstanding: 17.08m
- Website: https://www.ameriserv.com
Number of Employees
- AmeriServ Financial, Inc.
- 216 Franklin Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 23:33|
|End of Day Share Price||2021/12/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.