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 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | $53.35M | 3.40 | 15.30% | ― | 43.98% | 37.57% | |
69 Neutral | $48.07M | 13.00 | 3.26% | 4.10% | 6.06% | ― | |
69 Neutral | $40.91M | 10.40 | 7.20% | 4.09% | -2.93% | 7.89% | |
67 Neutral | $17.01B | 11.60 | 9.79% | 3.95% | 10.63% | 1.62% | |
57 Neutral | $51.84M | 22.40 | 2.69% | ― | 107.33% | ― | |
54 Neutral | $48.07M | 20.40 | 4.50% | 1.00% | 13.47% | ― |
At the 2025 annual meeting of shareholders held on July 29, 2025, AmeriServ Financial, Inc. shareholders voted on several key proposals. The election of three Class III directors was confirmed, with Amy Bradley and Jeffrey A. Stopko receiving strong support. Additionally, the advisory vote approved the compensation of named executive officers, and the frequency of future advisory votes was set for one year. The appointment of S.R. Snodgrass P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified.
On July 29, 2025, AmeriServ Financial held its Annual Shareholder Meeting, where key agenda items included the election of directors and advisory votes on executive compensation. The company reported improved earnings for 2024, driven by favorable credit loss provisions, increased total revenue, and reduced non-interest expenses. The community banking business benefited from diversified revenue streams, with significant contributions from the wealth management division. The company concluded 2024 with strong loan and deposit growth, and anticipates continued improvement in net interest income and margin in 2025.
On July 22, 2025, AmeriServ Financial announced a $0.03 per share quarterly cash dividend, payable on August 18, 2025. Despite a net loss of $282,000 in the second quarter of 2025, the company showed improvement compared to the previous year and reported a net income of $1,626,000 for the first half of 2025, an 11.1% increase from 2024. The company’s financial performance was bolstered by a 17.1% increase in net interest income and a 34-basis point improvement in net interest margin, driven by controlled balance sheet growth and effective business strategies. However, a higher provision for credit losses and lower non-interest income impacted earnings negatively. The company remains focused on expense control and revenue growth to enhance operating efficiency.