ASRV AmeriServ Financial, Inc.
AmeriServ Financial, Inc. is a holding company, which engages in the provision of consumer, mortgage and commercial financial products and services through its subsidiary. It operates through the following segments: Community Banking, Wealth Management, and Investment or Parent. The Community Banking segment includes both retail and commercial banking activities. The Wealth Management segment involves in the operations of a Trust Company, West Chester Capital Advisors - an investment advisory firm, and Financial Services. The Investment or Parent segment offers investment securities, borrowing activities, and general corporate expenses. The company was founded in January 1983 and is headquartered in Johnstown, PA.
Company profile
Ticker
ASRV
Exchange
Website
CEO
Jeffrey A. Stopko
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Usbancorp Inc
SEC CIK
Corporate docs
IRS number
251424278
ASRV stock data
()
Calendar
8 May 20
3 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 11.94M | 12.41M | 12.43M | 12.77M | |
| Net income | 1.41M | 669K | 1.69M | 1.79M | |
| Diluted EPS | 0.08 | 0.04 | 0.1 | 0.1 | |
| Net profit margin | 11.80% | 5.39% | 13.58% | 14.04% | |
| Net change in cash | 1.94M | -10.96M | 4.99M | -1.53M | |
| Cash on hand | 24.11M | 22.17M | 33.13M | 28.14M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 49.77M | 47.09M | 44.36M | 41.87M | |
| Net income | 6.03M | 7.77M | 3.29M | 2.31M | |
| Diluted EPS | 0.35 | 0.43 | 0.18 | 0.12 | |
| Net profit margin | 12.11% | 16.49% | 7.42% | 5.52% | |
| Net change in cash | -12.73M | 706K | 115K | -14.44M | |
| Cash on hand | 22.17M | 34.89M | 34.19M | 34.07M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 3 Jun 20 | Stopko Jeffrey A | Common Stock | Buy | Aquire P | 2.94 | 2,000 | 5.88K | 77,647.407 |
| 18 May 20 | Kunkle Kim W | Common Stock | Grant | Aquire A | 3.023 | 169.104 | 511.2 | 90,962.533 |
| 18 May 20 | Kunkle Kim W | Common Stock | Grant | Aquire A | 3.023 | 430.4 | 1.3K | 90,793.43 |
| 18 May 20 | Malley Margaret A O | Common Stock | Grant | Aquire A | 3.023 | 326.841 | 988.04 | 327,736.69 |
| 18 May 20 | Malley Margaret A O | Common Stock | Grant | Aquire A | 3.023 | 154.744 | 467.79 | 327,409.849 |
| 13 May 20 | Adams J Michael JR | Common Stock | Grant | Aquire A | 2.993 | 8,352 | 25K | 106,225.666 |
Institutional ownership Q1 2020
39.1% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 36 |
| Opened positions | 6 |
| Closed positions | 6 |
| Increased positions | 5 |
| Reduced positions | 8 |
13F shares |
Current |
|---|---|
| Total value | 17.47M |
| Total shares | 6.67M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Dimensional Fund Advisors | 1.45M | $3.8M |
| M3F | 1.21M | $3.18M |
| Renaissance Technologies | 771.22K | $2.02M |
| Gendell Jeffrey L | 725.13K | $1.9M |
| Vanguard | 701.77K | $1.84M |
| Context BH Capital Management | 597.46K | $1.57M |
| Bridgeway Capital Management | 290.17K | $760K |
| Oppenheimer & Close | 228.66K | $599K |
| BLK BlackRock | 196.39K | $515K |
| Minerva Advisors | 113.36K | $297K |
Content analysis
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| Legalese | ||
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H.S. sophomore Avg
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New words:
addressed, addressing, agenda, Aid, appointment, automatically, begun, broadly, burden, challenge, client, comply, confirmed, Correspondingly, CRA, creditworthy, cushion, dedication, depreciation, disbursement, disproportionately, double, downturn, drawn, driver, effort, email, emergency, enforcement, essential, exhibited, exhibiting, Facility, Fidelity, fill, FIS, food, forgiven, Fortunately, governmental, grace, heightened, hope, hospitality, Increasingly, intelligent, intensify, interaction, interagency, job, lender, loyal, main, medium, member, modification, mortality, northern, online, outbreak, pace, pandemic, Paycheck, payroll, phase, play, power, PPP, PPPLF, preserving, President, prevailed, properly, remotely, responded, revalue, routed, safety, SBA, season, SEC, shape, shut, side, Similarly, sound, spite, steeper, story, submit, suffer, supervisory, survive, traffic, travel, treat, treated, trillion, tripled, type, uncertain, uncertainty, unexpected, unforeseen, unobservable, variety, virtual, weaken, window, winter, workforce, xiii
Removed:
analyze, arise, assisting, assurance, attract, attractive, brokered, buy, card, center, charging, comparative, criteria, debit, designating, directed, discontinued, discretion, eligibility, enactment, enhanced, exempting, extended, footnote, formation, generated, grouped, Hagerstown, HVCRE, implementing, imposed, indexed, inverted, July, larger, movement, negotiated, nonlease, nonperforming, obtaining, oversight, permitted, pertaining, preference, privately, pronouncement, proprietary, reciprocal, restating, retain, revising, rulemaking, signature, simplifying, strategy, stricter, subjecting, systemically, threshold, Volcker, Wall, yielding
Financial reports
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
2 Mar 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-Q
2019 Q2
Quarterly report
12 Aug 19
10-Q
2019 Q1
Quarterly report
10 May 19
10-K
2018 FY
Annual report
5 Mar 19
10-Q
2018 Q3
Quarterly report
9 Nov 18
10-Q
2018 Q2
Quarterly report
10 Aug 18
10-Q
2018 Q1
Quarterly report
11 May 18
10-K
2017 FY
Annual report
2 Mar 18
Current reports
8-K
Departure of Directors or Certain Officers
13 May 20
8-K
2020 Annual Shareholders' Meeting 2
29 Apr 20
8-K
Results of Operations and Financial Condition
21 Apr 20
8-K
Amendments to Articles of Incorporation or Bylaws
6 Apr 20
8-K
Results of Operations and Financial Condition
21 Jan 20
8-K
Amendments to Articles of Incorporation or Bylaws
21 Oct 19
8-K
Other Events
18 Oct 19
8-K
Results of Operations and Financial Condition
15 Oct 19
8-K
Other Events
19 Jul 19
8-K
Results of Operations and Financial Condition
16 Jul 19
Registration and prospectus
S-8
Registration of securities for employees
16 Sep 11
424B3
Prospectus supplement
28 Oct 05
REGDEX
Notice of sale of securities
20 Oct 05
S-3
Shelf registration
14 Oct 05
424B3
Prospectus supplement
10 Jan 05
S-3/A
Shelf registration (amended)
7 Jan 05
S-3/A
Shelf registration (amended)
29 Dec 04
S-3
Shelf registration
13 Dec 04
RW
Registration withdrawal request
13 Dec 04
RW
Registration withdrawal request
1 Nov 04
Proxies
DEFA14A
Additional proxy soliciting materials
6 Apr 20
DEF 14A
Definitive proxy
19 Mar 20
DEF 14A
Definitive proxy
14 Mar 19
PRE 14A
Preliminary proxy
28 Feb 19
DEF 14A
Definitive proxy
15 Mar 18
DEF 14A
Definitive proxy
16 Mar 17
DEF 14A
Definitive proxy
17 Mar 16
PRE 14A
Preliminary proxy
26 Feb 16
DEF 14A
Definitive proxy
19 Mar 15
DEF 14A
Definitive proxy
17 Mar 14
Ownership
4
AMERISERV FINANCIAL / JEFFREY A STOPKO ownership change
4 Jun 20
4
AMERISERV FINANCIAL / MALLEY MARGARET A O ownership change
22 May 20
4
AMERISERV FINANCIAL / KIM W KUNKLE ownership change
22 May 20
3
AMERISERV FINANCIAL / Daniel A. Onorato ownership change
18 May 20
4
AMERISERV FINANCIAL / SARA A SARGENT ownership change
15 May 20
4
AMERISERV FINANCIAL / MARK E PASQUERILLA ownership change
15 May 20
4
AMERISERV FINANCIAL / MALLEY MARGARET A O ownership change
15 May 20
4
AMERISERV FINANCIAL / KIM W KUNKLE ownership change
15 May 20
4
AMERISERV FINANCIAL / CRAIG G FORD ownership change
15 May 20
4
AMERISERV FINANCIAL / ALLAN R DENNISON ownership change
15 May 20