AmeriServ Financial Inc. (ASRV) Announces Quarterly Earnings Results
AmeriServ Financial Inc. (NASDAQ:ASRV) posted its quarterly earnings data on Tuesday. The financial services provider reported $0.06 earnings per share for the quarter. AmeriServ Financial had a return on equity of 3.36% and a net margin of 5.81%.
Shares of AmeriServ Financial (NASDAQ:ASRV) opened at 3.30 on Tuesday. AmeriServ Financial has a 52-week low of $2.90 and a 52-week high of $3.40. The company has a market capitalization of $62.36 million, a PE ratio of 19.53 and a beta of 0.43. The firm’s 50-day moving average price is $3.27 and its 200 day moving average price is $3.14.
Separately, TheStreet raised AmeriServ Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, August 17th.
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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