Ameriserv Financial (ASRV) AI Stock Analysis

• Market Cap: $52.04M
• Dividend Yield: 3.81%
• Average Volume (3M): 31.29K
• Price to Earnings (P/E): 14.4
• Beta (1Y): 0.31
• Revenue Growth: 7.80%
• EPS Growth: N/A
• Country: US
• Employees: 298
• Sector: Financial
• Sector Strength: 75
• Industry: Banks - Regional
• EPS (TTM): 0.12
• Shares Outstanding: 16,519,266
• 10 Day Avg. Volume: 32,118
• 30 Day Avg. Volume: 31,287
• PEG Ratio: 2.73
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.75
• Enterprise Value/Market Cap: 2.28
• Enterprise Value/Revenue: 0.36
• Enterprise Value/Gross Profit: 2.24
• Enterprise Value/Ebitda: 12.55
• 1Y Price Target: $3.50
• Price Target Upside: 12.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: $3.50 ▲(12.90%Upside)

Ameriserv Financial's stock score of 74 reflects a stable financial performance underpinned by strong cash flow and moderate leverage. Technical indicators show bullish momentum, although caution is warranted due to overbought signals. The fair valuation, combined with an attractive dividend yield, supports a favorable investment outlook.

Ameriserv Financial Business Overview & Revenue Model

Company Description

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, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; and safe deposit boxes, holiday club accounts, and money orders. The company also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers. In addition, the company offers personal trust products and services, including personal portfolio investment management, estate planning and administration, custodial services, and pre-need trusts; institutional trust products and services comprising 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts; financial services consisting of the sale of mutual funds, annuities, and insurance products; and union collective investment funds to invest union pension dollars in construction projects that utilize union labor. Further, it engages in underwriting as reinsurer of credit life and disability insurance. The company operates through a network of 17 banking locations in Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, Pennsylvania, and Washington County, Maryland; and operates 18 automated bank teller machines. AmeriServ Financial, Inc. is headquartered in Johnstown, Pennsylvania.

How the Company Makes Money

Ameriserv Financial makes money primarily through interest income generated from its loan and securities portfolios. It earns revenue by charging interest on loans provided to individual and commercial clients and investing in securities. Additionally, the bank generates non-interest income through fees associated with various banking services, such as account maintenance fees, transaction fees, and service charges. Wealth management and trust services also contribute to its earnings, offering financial planning, investment management, and fiduciary services to clients. The company benefits from strategic partnerships and its regional presence, which help to maintain a stable client base and drive revenue.

Ameriserv Financial Financial Statement Overview

Summary

Ameriserv Financial exhibits a mixed financial performance with strengths in revenue growth and improved leverage ratios. However, the company faces challenges with net income volatility and cash flow fluctuations. Stability in the balance sheet offers some confidence, but the lack of consistent profitability and cash flow generation warrants caution.

Income Statement

The income statement shows mixed performance. Gross profit margin remains consistent at 100% due to the nature of the banking industry, where total revenue equals gross profit. However, net profit margin fluctuated significantly, with negative profitability in 2023 and improved figures in 2024. The revenue growth rate from 2023 to 2024 was strong at 47.83%, yet prior years showed volatility. The absence of EBIT and EBITDA margins in recent periods limits the assessment of operational efficiency.

Balance Sheet

The balance sheet presents a stable financial structure with a debt-to-equity ratio that improved from 2023 to 2024, indicating reduced leverage risk. Return on equity has varied, but the 2024 figure is positive, suggesting profitability relative to equity. The equity ratio shows a slight increase, reflecting a stable asset base supported by equity.

Cash Flow

Cash flow analysis reveals challenges with fluctuating free cash flow growth rates, with a decrease from 2023 to 2024. The operating cash flow to net income ratio is positive, indicating that operations are generating cash. The free cash flow to net income ratio was positive in 2024, showing the capacity to generate free cash flow but with less consistency in prior years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	84.45M	84.48M	77.25M	65.75M	64.43M	63.16M
Gross Profit	53.04M	53.14M	44.98M	57.20M	55.74M	50.27M
EBITDA	6.50M	6.48M	-2.31M	11.30M	10.81M	7.81M
Net Income	3.60M	3.60M	-3.35M	7.45M	7.07M	4.60M
Balance Sheet
Total Assets	1.43B	1.42B	1.39B	1.36B	1.34B	1.28B
Cash, Cash Equivalents and Short-Term Investments	187.82M	173.37M	179.74M	202.47M	204.27M	175.67M
Total Debt	94.03M	101.69M	115.56M	138.37M	72.84M	114.08M
Total Liabilities	1.32B	1.32B	1.29B	1.26B	1.22B	1.18B
Stockholders Equity	110.76M	107.25M	102.28M	106.18M	116.55M	104.40M
Cash Flow
Free Cash Flow	4.37M	976.00K	4.91M	3.13M	8.70M	-2.70M
Operating Cash Flow	5.44M	2.69M	6.29M	5.21M	9.94M	-1.37M
Investing Cash Flow	-38.09M	-23.10M	-39.99M	-56.28M	-488.00K	-95.32M
Financing Cash Flow	38.84M	24.13M	24.77M	32.93M	146.00K	106.03M

Ameriserv Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ASRV, the sentiment is Positive. The current price of 3.1 is above the 20-day moving average (MA) of 3.06, above the 50-day MA of 2.82, and above the 200-day MA of 2.64, indicating a bullish trend. The MACD of 0.11 indicates Positive momentum. The RSI at 59.47 is Neutral, neither overbought nor oversold. The STOCH value of 46.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ASRV.

Ameriserv Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OPHC	81 Outperform	$53.00M	3.38	15.30%	―	43.98%	37.57%
ASRV	74 Outperform	$52.04M	14.39	3.36%	3.81%	7.80%	―
HFBL	72 Outperform	$42.22M	12.42	6.24%	3.85%	-2.69%	-21.26%
Sector *	68 Neutral	$16.73B	11.74	9.79%	3.76%	11.87%	-7.97%
TCBS	60 Neutral	$48.68M	23.89	3.88%	1.00%	19.16%	―
PBBK	―	$47.01M	22.10	4.00%	―	―	―
CLST	57 Neutral	$51.21M	22.28	2.70%	―	152.27%	―