AmeriServ Financial Inc. (ASRV) Issues Earnings Results
AmeriServ Financial Inc. (NASDAQ:ASRV) posted its quarterly earnings results on Tuesday. The financial services provider reported $0.07 EPS for the quarter, Bloomberg Earnings reports. AmeriServ Financial had a net margin of 8.65% and a return on equity of 5.05%. The firm had revenue of $12.65 million for the quarter.
Shares of AmeriServ Financial (ASRV) opened at 4.00 on Wednesday. The company has a 50-day moving average of $4.08 and a 200 day moving average of $3.92. The stock has a market cap of $74.67 million, a PE ratio of 15.44 and a beta of 0.16. AmeriServ Financial has a one year low of $3.08 and a one year high of $4.25.
Separately, TheStreet upgraded shares of AmeriServ Financial from a “c” rating to a “b-” rating in a report on Wednesday, April 19th.
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AmeriServ Financial Company Profile
AmeriServ Financial, Inc is a bank holding company of AmeriServ Financial Bank (the Bank). The Company’s principal activities consist of owning and operating its three subsidiary entities. The Company’s segments include retail banking, commercial banking, trust and investment/parent. Its Retail banking segment includes the deposit-gathering branch franchise and lending to both individuals and small businesses.
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