Ameriserv Financial (ASRV)

AmeriServ Financial, Inc. is the parent of AmeriServ Financial Bank and AmeriServ Trust and Financial Services Company in Johnstown, PA. The Company's subsidiaries provide full-service banking and wealth management services through sixteen community offices in southwestern Pennsylvania and Hagerstown, Maryland. The Company also operates loan production offices in Altoona and Monroeville, Pennsylvania. At September 30, 2020, AmeriServ had total assets of $1.3 billion and a tangible book value of $5.36 per common share.

Company profile

Ticker

ASRV

Exchange

NASDAQ

Website

www.ameriservfinancial.com

CEO

Jeffrey A. Stopko

Incorporated

Pennsylvania

Location

Pennsylvania

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

Citigroup • Wells Fargo & Co. • JPMorgan Chase & Co. • U.S. Bancorp. • PNC Financial Services • Capital One Financial • Shinhan Financial • HSBC USA • Regions Financial • Keycorp ...

Former names

USBANCORP INC /PA/

SEC CIK

0000707605

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

AmeriServ Trust and Financial Services Company ...

IRS number

251424278

ASRV stock data

1M 1Y 5Y

News

From Benzinga Pro

AmeriServ Financial Q1 EPS $0.14 Up From $0.12 YoY, Sales $14.10M Down From $14.31M YoY

19 Apr 22

AmeriServ Financial (NASDAQ:ASRV) reported quarterly earnings of $0.14 per share. This is a 16.67 percent increase over earnings of $0.12 per share from the same period last year. The company reported $14.10 million in

Press releases

From Benzinga Pro

Amy Bradley Joins AmeriServ Financial, Inc. Board of Directors

10 May 22

JOHNSTOWN, Pa., May 10, 2022 /PRNewswire/ -- The Board of Directors of AmeriServ Financial, Inc. (NASDAQ:ASRV) today announced the appointment of Amy Bradley, president and chief executive officer of the Cambria Regional

AmeriServ Financial, Inc. to Hold 2022 Annual Shareholders Meeting Today by Virtual Means

26 Apr 22

JOHNSTOWN, Pa., April 26, 2022 /PRNewswire/ -- AmeriServ Financial, Inc. (the "Company") (NASDAQ:ASRV), will hold the Company's 2022 Annual Meeting of Shareholders today in a virtual-only format. Although

AmeriServ Financial, Inc. to Hold Virtual Annual Shareholders Meeting

20 Apr 22

JOHNSTOWN, Pa., April 20, 2022 /PRNewswire/ -- AmeriServ Financial, Inc. (the "Company") (NASDAQ:ASRV), will hold the Company's 2022 Annual Meeting of Shareholders virtually via webcast. Although

AMERISERV FINANCIAL REPORTS RECORD FIRST QUARTER 2022 EARNINGS AND ANNOUNCES A 20% INCREASE IN THE QUARTERLY COMMON STOCK CASH DIVIDEND

19 Apr 22

AmeriServ Financial, Inc. to Hold 2022 Annual Shareholder Meeting in Virtual-Only Format

5 Apr 22

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

11 May 22

26 Jun 22

31 Dec 22

Financial summary

Financial statements Chart ASRV financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	32.11M	32.11M	32.11M	32.11M	32.11M	32.11M
Cash burn (monthly)	3M	426.08K	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	8.61M	1.22M	n/a	n/a	n/a	n/a
Cash remaining	23.5M	30.89M	n/a	n/a	n/a	n/a
Runway (months of cash)	7.8	72.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

ASRV insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Jun 22	Kunkle Kim W	Common Stock	Buy	Acquire P	No	No	3.93	1,143	4.49K	123,011
17 Jun 22	Kunkle Kim W	Common Stock	Buy	Acquire P	No	No	3.93	538	2.11K	121,868
16 Jun 22	Kunkle Kim W	Common Stock	Buy	Acquire P	No	No	3.93	193	758.49	121,330
15 Jun 22	Kunkle Kim W	Common Stock	Buy	Acquire P	No	No	3.93	2	7.86	121,137
14 Jun 22	Kunkle Kim W	Common Stock	Buy	Acquire P	No	No	3.93	3,008	11.82K	121,135
10 Jun 22	Kunkle Kim W	Common Stock	Buy	Acquire P	No	No	3.93	2	7.86	118,127
7 Jun 22	Huerth James T	Common Stock	Sell	Dispose S	No	No	4.07	871	3.54K	19,702
2 Jun 22	Kunkle Kim W	Common Stock	Buy	Acquire P	No	No	3.93	1,314	5.16K	117,388

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q4 2021

ASRV institutional ownership history Ownership history

19.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	5	31	-83.9%
Opened positions	1	1	–
Closed positions	27	5	+440.0%
Increased positions	1	5	-80.0%
Reduced positions	2	9	-77.8%

13F shares	Current	Prev Q	Change
Total value	12.96M	31.53M	-58.9%
Total shares	3.36M	8.34M	-59.8%
Total puts	0	0
Total calls	1K	0	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	1.3M	$5M	-3.8%
Gendell Jeffrey L	1.05M	$4.07M	+1.2%
M3 Partners	1.01M	$3.88M	-17.2%
Proequities	0	$0
Simplex Trading	0	$0	EXIT

Largest transactions	Shares	Bought/sold	Change
M3F	0	-991K	EXIT
Renaissance Technologies	0	-741.83K	EXIT
Vanguard	0	-638.73K	EXIT
West Chester Capital Advisors	0	-604.23K	EXIT
Context BH Capital Management	0	-572.18K	EXIT
Oppenheimer & Close	0	-282.38K	EXIT
Bridgeway Capital Management	0	-271.77K	EXIT
M3 Partners	1.01M	-209.5K	-17.2%
BLK Blackrock	0	-159.79K	EXIT
Geode Capital Management	0	-116.26K	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Carnegie Mellon University

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: ACL, aftermath, ago, ASC, chain, compression, configuration, conflict, constituted, difficulty, effort, enabled, escalation, filled, geopolitical, gratifying, influenced, inject, intense, intensely, introduce, joint, multiple, necessitate, Omnicron, persistent, pillar, preliminary, prevailing, priority, produced, quick, repair, resolved, revovery, satisfactorily, slower, spring, storehouse, termination, tightening, true, validation, vintage, world

Removed: add, addressed, addressing, affecting, alternative, amendment, American, analyze, announced, April, assumption, averaging, borrow, borrowed, broadly, calculate, certainty, Citizen, clarifying, CNB, comparability, compliance, comply, consultation, curing, decided, decreasing, deferrable, delivered, demand, depend, deploying, designate, discussing, division, encouraged, enforcement, evident, execute, exercising, extending, Facilitation, FDIC, floor, guaranteed, interaction, interagency, junior, leased, lend, lessee, Likewise, magnitude, main, mentioned, Meyersdale, middle, Neighborhood, obscure, option, optional, outlook, participated, pattern, percent, play, pledge, predict, preferred, President, protect, reached, reaching, reconciliation, remeasure, renew, renewal, renewed, replacement, Rescue, respond, retention, Riverview, robust, round, salary, sector, selective, separately, serviced, steepening, street, substantial, supervisory, target, treated, twelve, twofold, uncertain, undiscounted, unknown, unusual, wholly, window

From filing 10-Q 2022 Q1

Financial reports

View all

Annual report (amended)

22 Mar 22

10-K