Ameriserv Financial (ASRV) AI Stock Analysis

• Market Cap: $40.31M
• Dividend Yield: 4.92%
• Average Volume (3M): 28.74K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 0.29
• Revenue Growth: 7.80%
• EPS Growth: N/A
• Country: US
• Employees: 298
• Sector: Financial
• Sector Strength: 88
• Industry: Banks - Regional
• EPS (TTM): 0.22
• Shares Outstanding: 16,519,266
• 10 Day Avg. Volume: 27,478
• 30 Day Avg. Volume: 28,743
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 3.23
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 1.95
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Ameriserv Financial exhibits a moderate overall score driven by stable financial performance with strengths in revenue growth and leverage improvements. However, challenges such as income volatility and inconsistent cash flow weigh on the score. Technical analysis suggests a neutral outlook with some positive price momentum, while the valuation appears attractive due to a low P/E ratio and high dividend yield. Overall, the stock represents a potentially stable investment with some risks and income potential.

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 generates revenue primarily through the interest income from its loan portfolio, which includes commercial, residential mortgage, and consumer loans. Additionally, the company earns non-interest income from service charges on deposit accounts, fees for trust and investment management services, and other financial services. Ameriserv Financial also benefits from strategic partnerships with other financial entities to expand its product offerings and customer reach. The company actively manages its interest rate spread and focuses on maintaining a balanced mix of interest and non-interest revenue to ensure stable earnings.

Ameriserv Financial Financial Statement Overview

Summary

Ameriserv Financial shows strengths in revenue growth and improved leverage ratios, but faces challenges with inconsistent profitability and cash flow generation. The stable balance sheet offers some confidence, but the volatility in net income and cash flows 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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
66.50M	44.98M	8.20M	56.84M	52.64M
	Gross Profit
66.50M	52.41M	8.20M	56.84M	52.64M
	EBIT
-36.94M	0.00	17.70M	8.77M	5.81M
	EBITDA
0.00	0.00	11.30M	10.81M	7.81M
	Net Income Common Stockholders
3.60M	-3.35M	7.45M	7.07M	4.60M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
13.89M	14.03M	18.83M	204.27M	175.67M
	Total Assets
1.42B	1.39B	1.36B	1.34B	1.28B
	Total Debt
18.90M	115.56M	158.14M	42.65M	89.69M
	Net Debt
5.01M	101.53M	135.18M	1.55M	58.19M
	Total Liabilities
1.32B	1.29B	1.26B	1.22B	1.18B
	Stockholders Equity
107.25M	102.28M	104.04M	116.55M	104.40M
Cash Flow		Free Cash Flow
976.00K	4.91M	3.13M	8.70M	-2.70M
	Operating Cash Flow
2.69M	6.29M	5.21M	9.94M	-1.37M
	Investing Cash Flow
-23.10M	-39.99M	-56.28M	-488.00K	-95.32M
	Financing Cash Flow
24.13M	24.77M	32.93M	146.00K	106.03M

Ameriserv Financial Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.44
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ASRV, the sentiment is Neutral. The current price of 2.44 is above the 20-day moving average (MA) of 2.28, above the 50-day MA of 2.40, and below the 200-day MA of 2.58, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 56.71 is Neutral, neither overbought nor oversold. The STOCH value of 78.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ASRV.

Ameriserv Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OPHC	77 Outperform	$51.70M	3.31	15.16%	―	63.78%	59.54%
HFBL	76 Outperform	$40.73M	12.00	6.24%	4.00%	1.27%	-27.46%
Sector *	64 Neutral	$12.64B	9.74	8.05%	17044.60%	12.66%	-4.62%
CLST	57 Neutral	$48.78M	20.96	2.70%	―	152.27%	―
ASRV	55 Neutral	$40.31M	11.15	3.36%	4.92%	7.80%	―
TCBS	48 Neutral	$46.77M	―	3.88%	1.05%	19.56%	-90.02%