AmeriServ Financial Past Earnings Performance

Past criteria checks 0/6

AmeriServ Financial's earnings have been declining at an average annual rate of -18.4%, while the Banks industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 1% per year.

Key information

-18.4%

Earnings growth rate

-17.9%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	1.0%
Return on equity	-2.8%
Net Margin	-6.5%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

AmeriServ Financial (NASDAQ:ASRV) Is Paying Out A Larger Dividend Than Last Year

Apr 22

AmeriServ Financial (NASDAQ:ASRV) Will Pay A Dividend Of US$0.025

Jan 28

AmeriServ Financial (NASDAQ:ASRV) Has Re-Affirmed Its Dividend Of US$0.025

Jul 23

Why We Think AmeriServ Financial, Inc.'s (NASDAQ:ASRV) CEO Compensation Is Not Excessive At All

Apr 21

Is AmeriServ Financial, Inc. (NASDAQ:ASRV) A Smart Pick For Income Investors?

Feb 15

If You Had Bought AmeriServ Financial's (NASDAQ:ASRV) Shares A Year Ago You Would Be Down 23%

Dec 25

How Much Is AmeriServ Financial, Inc. (NASDAQ:ASRV) CEO Getting Paid?

Nov 20

Revenue & Expenses Breakdown
Beta

How AmeriServ Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGM:ASRV Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	45	-3	44
31 Dec 23	45	-3	45
30 Sep 23	53	3	44
30 Jun 23	55	4	43
31 Mar 23	57	7	41
31 Dec 22	57	7	41
30 Sep 22	58	8	41
30 Jun 22	57	8	41
31 Mar 22	56	7	40
31 Dec 21	56	7	39
30 Sep 21	54	6	38
30 Jun 21	53	6	38
31 Mar 21	52	5	38
31 Dec 20	50	5	39
30 Sep 20	49	5	37
30 Jun 20	49	5	36
31 Mar 20	49	6	35
31 Dec 19	49	6	35
30 Sep 19	51	7	35
30 Jun 19	51	8	34
31 Mar 19	51	8	34
31 Dec 18	50	8	34
30 Sep 18	50	5	34
30 Jun 18	50	4	34
31 Mar 18	50	4	34
31 Dec 17	49	3	34
30 Sep 17	49	5	34
30 Jun 17	48	5	34
31 Mar 17	48	5	34
31 Dec 16	45	2	34
30 Sep 16	45	2	34
30 Jun 16	46	3	34
31 Mar 16	46	3	35
31 Dec 15	49	6	34
30 Sep 15	49	5	34
30 Jun 15	49	4	35
31 Mar 15	48	3	35
31 Dec 14	48	3	36
30 Sep 14	50	4	36
30 Jun 14	50	5	36
31 Mar 14	50	5	35
31 Dec 13	50	5	35
30 Sep 13	48	4	35
30 Jun 13	47	4	35

Quality Earnings: ASRV is currently unprofitable.

Growing Profit Margin: ASRV is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ASRV is unprofitable, and losses have increased over the past 5 years at a rate of 18.4% per year.

Accelerating Growth: Unable to compare ASRV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ASRV is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-12.9%).

Return on Equity

High ROE: ASRV has a negative Return on Equity (-2.85%), as it is currently unprofitable.

AmeriServ Financial Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)

Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)

Third quarter 2023 earnings released: EPS: US$0.038 (vs US$0.12 in 3Q 2022)

Second quarter 2023 earnings released: US$0.011 loss per share (vs US$0.12 profit in 2Q 2022)

Full year 2022 earnings released: EPS: US$0.43 (vs US$0.41 in FY 2021)

Full year 2022 earnings released

Recent updates

AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03

Upcoming dividend of US$0.03 per share

First quarter dividend of US$0.03 announced

Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on May 20, 2024

Driver Management Company Files a Complaint in the United States District Court Against AmeriServ Financial

Now 23% undervalued after recent price drop

Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)

Driver Management Company Provides Information to Shareholders of AmeriServ Financial

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

AmeriServ Financial, Inc., Annual General Meeting, Aug 20, 2024

AmeriServ Financial, Inc., Annual General Meeting, Aug 20, 2024

AmeriServ Financial (NASDAQ:ASRV) Is Due To Pay A Dividend Of $0.03

Driver Management Company Issues a Letter to Shareholders of AmeriServ Financial

Full year 2023 earnings released: US$0.20 loss per share (vs US$0.43 profit in FY 2022)

Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on February 20, 2024

J. Abbott R. Cooper Responds to the Shareholder of AmeriServ Financial

Upcoming dividend of US$0.03 per share at 4.7% yield

AmeriServ Financial (NASDAQ:ASRV) Is Paying Out A Dividend Of $0.03

AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on November 20, 2023

Third quarter 2023 earnings released: EPS: US$0.038 (vs US$0.12 in 3Q 2022)

Driver Management Company LLC Sends a Letter to the Chairman of AmeriServ Financial, Inc

Driver Management Company LLC Sends a Letter to the Chairman of AmeriServ Financial, Inc

Now 23% undervalued

Driver Management Company Sends a Letter to the Chairman of AmeriServ Financial

Driver Management Company Sends a Letter to AmeriServ Financial’s Counsel

Driver Management Company LLC Issues a Letter to AmeriServ Financial Inc

Now 21% undervalued

New minor risk - Profit margin trend

Second quarter 2023 earnings released: US$0.011 loss per share (vs US$0.12 profit in 2Q 2022)

Upcoming dividend of US$0.03 per share at 3.6% yield

AmeriServ Financial (NASDAQ:ASRV) Has Announced A Dividend Of $0.03

Ameriserv Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on August 21, 2023

Investor sentiment improves as stock rises 16%

Now 20% undervalued after recent price drop

AmeriServ Financial, Inc. Announces Board Appointments

AmeriServ Financial Announces Court Denial of Driver's Request for Injunctive Relief

Upcoming dividend of US$0.03 per share at 4.0% yield

AmeriServ Financial (NASDAQ:ASRV) Has Affirmed Its Dividend Of $0.03

Full year 2022 earnings released: EPS: US$0.43 (vs US$0.41 in FY 2021)

AmeriServ Financial's (NASDAQ:ASRV) Dividend Will Be $0.03

Upcoming dividend of US$0.03 per share at 3.0% yield

Full year 2022 earnings released

AmeriServ Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on February 21, 2023

Driver Management Company Sends Letter to AmeriServ Financial

Driver Management Company Delivers Letter by Email to AmeriServ Financial’s Board

Upcoming dividend of US$0.03 per share

AmeriServ Financial, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on November 21, 2022

AmeriServ Financial GAAP EPS of $0.12, revenue of $14.1M

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.03 per share

AmeriServ Financial (NASDAQ:ASRV) Will Pay A Dividend Of $0.03

Ameriserv Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable August 22, 2022

AmeriServ Financial declares $0.03 dividend

Second quarter 2022 earnings released: EPS: US$0.12 (vs US$0.10 in 2Q 2021)

AmeriServ Financial GAAP EPS of $0.12, revenue of $14.26M

First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.12 in 1Q 2021)

Amy Bradley Joins Ameriserv Financial, Inc. as an Independent Director

Upcoming dividend of US$0.03 per share

Insufficient new directors

AmeriServ Financial (NASDAQ:ASRV) Is Paying Out A Larger Dividend Than Last Year

First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.12 in 1Q 2021)

AmeriServ Financial, Inc. Declares Quarterly Common Stock Cash Dividend, Payable May 23, 2022

Now 20% undervalued after recent price drop

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

AmeriServ Financial (NASDAQ:ASRV) Will Pay A Dividend Of US$0.025

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

AmeriServ Financial, Inc. Reports Net Loan Charge-Offs for the Quarter Ended December 31, 2021

Insufficient new directors

Revenue & Expenses Breakdown
Beta