NasdaqGM:ASRV

Stock Analysis Report

Executive Summary

AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • AmeriServ Financial is not covered by any analysts.

Similar Companies

Share Price & News

How has AmeriServ Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.2%

NasdaqGM:ASRV

0.3%

US Banks

0.9%

US Market


1 Year Return

-6.7%

NasdaqGM:ASRV

-13.6%

US Banks

0.3%

US Market

ASRV outperformed the Banks industry which returned -14.2% over the past year.

ASRV underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

ASRVIndustryMarket
7 Day2.2%0.3%0.9%
30 Day2.4%-5.1%-1.9%
90 Day0%-3.5%1.6%
1 Year-4.6%-6.7%-11.2%-13.6%2.6%0.3%
3 Year39.8%32.5%43.6%33.7%41.0%31.8%
5 Year40.1%29.2%53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

How volatile is AmeriServ Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AmeriServ Financial undervalued based on future cash flows and its price relative to the stock market?

9.36x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

AmeriServ Financial's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

AmeriServ Financial's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

AmeriServ Financial is good value based on earnings compared to the US Banks industry average.

AmeriServ Financial is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for AmeriServ Financial, we can't assess if its growth is good value.


Price Based on Value of Assets

AmeriServ Financial is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is AmeriServ Financial expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if AmeriServ Financial is high growth as no revenue estimate data is available.

AmeriServ Financial's earnings are expected to grow by 11.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare AmeriServ Financial's revenue growth to the United States of America market average as no estimate data is available.

AmeriServ Financial's earnings growth is positive but not above the United States of America market average.

AmeriServ Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if AmeriServ Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has AmeriServ Financial performed over the past 5 years?

13.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

AmeriServ Financial's year on year earnings growth rate has been positive over the past 5 years.

AmeriServ Financial's 1-year earnings growth exceeds its 5-year average (94.9% vs 13.3%)

AmeriServ Financial's earnings growth has exceeded the US Banks industry average in the past year (94.9% vs 33.2%).


Return on Equity

AmeriServ Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

AmeriServ Financial used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if AmeriServ Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

AmeriServ Financial has an acceptable proportion of non-loan assets held.

AmeriServ Financial has a sufficient allowance for bad loans.

AmeriServ Financial's liabilities are made up of primarily low risk sources of funding.

AmeriServ Financial's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at AmeriServ Financial are broadly funded by customer deposits.

AmeriServ Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is AmeriServ Financial's current dividend yield, its reliability and sustainability?

2.38%

Current Dividend Yield


Dividend Yield and Payments Analysis

AmeriServ Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

AmeriServ Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

No dividend growth in 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of AmeriServ Financial's salary, the management and board of directors tenure and is there insider trading?

4.4yrs

Average management tenure


CEO

Jeff Stopko (56yo)

4.4yrs

Tenure

US$536,824

Compensation

Mr. Jeffrey A. Stopko, CPA, also known as Jeff, has been the Chief Executive Officer and President of AmeriServ Financial, Inc. since March 24, 2015. Mr. Stopko has been the President and Chief Executive O ...


CEO Compensation Analysis

Jeff's remuneration is about average for companies of similar size in United States of America.

Jeff's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.4yrs

Average Tenure

57yo

Average Age

The tenure for the AmeriServ Financial management team is about average.


Board Age and Tenure

22.6yrs

Average Tenure

64yo

Average Age

The average tenure for the AmeriServ Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by AmeriServ Financial individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$69219 Aug 19
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares167.09
Max PriceUS$4.14
BuyUS$69219 Jul 19
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares167.86
Max PriceUS$4.12
BuyUS$69224 Jun 19
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares166.26
Max PriceUS$4.16
BuyUS$69223 May 19
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares164.9
Max PriceUS$4.20
BuyUS$8,16025 Apr 19
Jeffrey Stopko
EntityIndividual
Role
Chief Executive Officer
President
Shares2,000
Max PriceUS$4.08
BuyUS$69119 Apr 19
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares170.11
Max PriceUS$4.06
BuyUS$69225 Mar 19
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares167.05
Max PriceUS$4.14
BuyUS$69222 Feb 19
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares164.7
Max PriceUS$4.20
BuyUS$69222 Jan 19
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares168.67
Max PriceUS$4.10
BuyUS$2614 Jan 19
James Huerth
EntityIndividual
Role
Unit CEO
President & CEO of Ameriserv Trust and Financial Services Company
Shares6.35
Max PriceUS$4.03
BuyUS$53314 Jan 19
Allan Dennison
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares132.28
Max PriceUS$4.03
BuyUS$69227 Dec 18
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares168.05
Max PriceUS$4.12
BuyUS$8,19610 Dec 18
Jeffrey Stopko
EntityIndividual
Role
Chief Executive Officer
President
Shares2,000
Max PriceUS$4.10
BuyUS$69221 Nov 18
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares162.5
Max PriceUS$4.26
BuyUS$69219 Oct 18
Robert Wise
EntityIndividual
Role
Member of the Board of Directors
Director
Shares160.56
Max PriceUS$4.31
BuyUS$8,90006 Sep 18
Jeffrey Stopko
EntityIndividual
Role
Chief Executive Officer
President
Shares2,000
Max PriceUS$4.45

Ownership Breakdown


Management Team

  • Gary McKeown (74yo)

    Executive VP & Special Assistant to the President of AmeriServ Financial Bank

    • Tenure: 10.4yrs
    • Compensation: US$273.01k
  • Jeff Stopko (56yo)

    President

    • Tenure: 4.4yrs
    • Compensation: US$536.82k
  • Jim Huerth (57yo)

    President & CEO of Ameriserv Trust and Financial Services Company

    • Tenure: 3.5yrs
    • Compensation: US$466.70k
  • Mike Baylor (56yo)

    Chief Commercial Banking Officer & Executive VP

    • Tenure: 4.4yrs
    • Compensation: US$257.41k
  • Susan Angeletti

    Senior VP and Director of Corporate Marketing & Alternative Delivery Systems

    • Tenure: 0.0yrs
  • Michael Lynch (58yo)

    Senior VP

    • Tenure: 4.6yrs
    • Compensation: US$355.68k
  • Carolyn Concannon

    Executive VP and Chief Risk & Chief Credit Officer

    • Tenure: 4.4yrs
  • Jack Babich

    Chief Human Relations Officer & Senior VP

    • Tenure: 0.0yrs
  • Bettina Fochler

    SVP & Chief Credit Officer of AmeriServ Financial Bank

    • Tenure: 0.0yrs
  • Robert Werner

    Senior VP & Chief Information Officer

    • Tenure: 0.0yrs

Board Members

  • Robert Wise (75yo)

    Director

    • Tenure: 33.6yrs
    • Compensation: US$48.32k
  • Mark Pasquerilla (60yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$48.17k
  • J. Adams (57yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$51.52k
  • Kim Kunkle (64yo)

    Director

    • Tenure: 35.6yrs
    • Compensation: US$51.07k
  • Margaret O'Malley (59yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$51.07k
  • Sara Sargent (71yo)

    Director

    • Tenure: 23.6yrs
    • Compensation: US$57.07k
  • Craig Ford (89yo)

    Non-Executive Vice Chairman

    • Tenure: 0.0yrs
    • Compensation: US$109.07k
  • Jeff Stopko (56yo)

    President

    • Tenure: 4.4yrs
    • Compensation: US$536.82k
  • Allan Dennison (72yo)

    Non-Executive Chairman

    • Tenure: 0.0yrs
    • Compensation: US$73.07k

Company Information

AmeriServ Financial, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AmeriServ Financial, Inc.
  • Ticker: ASRV
  • Exchange: NasdaqGM
  • Founded:
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$73.014m
  • Shares outstanding: 17.38m
  • Website: https://www.ameriserv.com

Number of Employees


Location

  • AmeriServ Financial, Inc.
  • Main & Franklin Streets
  • PO Box 430
  • Johnstown
  • Pennsylvania
  • 15907
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASRVNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDNov 1984

Biography

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, s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:31
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.