Ameriserv Financial (ASRV) Reports Q3 EPS of $0.09

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Go back to Ameriserv Financial (ASRV) Reports Q3 EPS of $0.09

AmeriServ Financial Reports Increased Earnings For The Third Quarter And First Nine Months Of 2015 And Declares Quarterly Common Stock Dividend

October 20, 2015 8:01 AM EDT

JOHNSTOWN, Pa., Oct. 20, 2015 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ: ASRV) continued its positive earnings momentum in the third quarter of 2015 by reporting net income available to common shareholders of $1,781,000, or $0.09 per diluted common share.  This represented a significant increase in earnings per share from the third quarter of 2014 where net income available to common shareholders totaled $312,000, or $0.02 per diluted common share.  The third quarter 2014 performance was negatively impacted by a $669,000 goodwill impairment charge.  For the nine month period ended September 30, 2015, the Company reported net income available to common shareholders of $4,466,000, or $0.24 per... More