AmeriServ Financial Inc. (NASDAQ:ASRV – Get Free Report) declared a quarterly dividend on Tuesday, October 20th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.03 per share by the financial services provider on Monday, November 16th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, November 2nd.
AmeriServ Financial Stock Up 6.6%
Shares of NASDAQ ASRV traded up $0.29 during mid-day trading on Tuesday, hitting $4.67. The company had a trading volume of 7,745 shares, compared to its average volume of 15,658. The company has a market capitalization of $79.30 million, a PE ratio of 9.16 and a beta of 0.45. The firm has a 50-day simple moving average of $4.75 and a two-hundred day simple moving average of $4.22. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.53. AmeriServ Financial has a one year low of $2.96 and a one year high of $5.38.
AmeriServ Financial (NASDAQ:ASRV – Get Free Report) last released its earnings results on Tuesday, October 20th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. AmeriServ Financial had a return on equity of 7.13% and a net margin of 9.51%. The business had revenue of $15.96 million for the quarter.
About AmeriServ Financial
AmeriServ Financial, Inc is a financial holding company headquartered in Johnstown, Pennsylvania. Through its principal subsidiary, AmeriServ Financial Bank, the company provides banking and financial services to individuals, families, businesses, and institutions.
AmeriServ Financial Bank offers consumer and commercial deposit accounts, residential and commercial lending, mortgage services, and other traditional banking products. Its services also include wealth management, trust administration, investment management, and retirement planning through its trust and investment operations.
The company primarily serves communities in western and central Pennsylvania and nearby markets.
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