AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. More Details
Flawless balance sheet and slightly overvalued.
Share Price & News
How has AmeriServ Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASRV has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ASRV underperformed the US Banks industry which returned -28.5% over the past year.
Return vs Market: ASRV underperformed the US Market which returned 18.5% over the past year.
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
2 weeks ago | Simply Wall StIs AmeriServ Financial, Inc. (NASDAQ:ASRV) A Smart Pick For Income Investors?
1 month ago | Simply Wall StAmeriServ Financial, Inc. (NASDAQ:ASRV) Insiders Have Been Selling
2 months ago | Simply Wall StAmeriServ Financial, Inc. (NASDAQ:ASRV) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
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 ($2.87) is trading above our estimate of fair value ($2.53)
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 (10.7x) compared to the US Banks industry average (10x).
PE vs Market: ASRV is good value based on its PE Ratio (10.7x) compared to the US market (19x).
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 (0.5x) compared to the US Banks industry average (0.8x).
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 (9.3%) are lower than last year (14.3%).
Past Earnings Growth Analysis
Earnings Trend: ASRV's earnings have grown by 10.8% per year over the past 5 years.
Accelerating Growth: ASRV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASRV had negative earnings growth (-37.1%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: ASRV's Return on Equity (4.4%) 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 (12.2x) is moderate.
Allowance for Bad Loans: ASRV has a sufficient allowance for bad loans (417%).
Low Risk Liabilities: 90% 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 (80%).
Low Risk Deposits: ASRV's Loans to Deposits ratio (97%) 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 (3.48%) is higher than the bottom 25% of dividend payers in the US market (1.64%).
High Dividend: ASRV's dividend (3.48%) is low compared to the top 25% of dividend payers in the US market (4.68%).
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 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.3%), 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 (57 yo)
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
Compensation vs Market: Jeff's total compensation ($USD605.22K) is about average for companies of similar size in the US market ($USD589.00K).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Senior VP||5.75yrs||US$425.44k||0.048% |
|President & CEO of Ameriserv Trust and Financial Services Company||4.67yrs||US$514.82k||0.10% |
|Senior VP & Chief Information Officer||no data||no data||no data|
|Senior VP and Director of Corporate Marketing & Alternative Delivery Systems||no data||no data||no data|
|Chief Human Relations Officer & Senior VP||no data||no data||no data|
|Executive VP & Special Assistant to the President of AmeriServ Financial Bank||11.58yrs||US$273.01k||no data|
|Chief Commercial Banking Officer & Executive VP||5.58yrs||US$257.41k||no data|
|Executive VP and Chief Risk & Chief Credit Officer||5.58yrs||no data||no data|
|SVP & Chief Credit Officer of AmeriServ Financial Bank||no data||no data||no data|
|Senior VP & Chief Internal Auditor||no data||no data||no data|
|Senior VP & Chief Loan Review Officer||no data||no data||no data|
Experienced Management: ASRV's management team is seasoned and experienced (5.6 years average tenure).
|Independent Director||23.75yrs||US$61.11k||2.78% |
|Independent Director||20.75yrs||US$57.41k||0.62% |
|Independent Director||36.75yrs||US$61.91k||0.54% |
|Independent Director||23.75yrs||US$60.11k||1.92% |
|Independent Director||24.75yrs||US$73.51k||1.29% |
|Independent Non-Executive Vice Chairman||1.75yrs||US$100.11k||0.49% |
|Independent Non-Executive Chairman||1.75yrs||US$130.11k||0.40% |
|Independent Director||0.42yr||no data||0.053% |
Experienced Board: ASRV's board of directors are seasoned and experienced ( 20.8 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 company bio, employee growth, exchange listings and data sources
- Name: AmeriServ Financial, Inc.
- Ticker: ASRV
- Exchange: NasdaqGM
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$48.958m
- Shares outstanding: 17.06m
- Website: https://www.ameriserv.com
Number of Employees
- AmeriServ Financial, Inc.
- Main & Franklin Streets
- PO Box 430
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASRV||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Nov 1984|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 23:53|
|End of Day Share Price||2020/10/21 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.