Ameriserv Financial (ASRV) Reports Q2 EPS of $0.07

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Go back to Ameriserv Financial (ASRV) Reports Q2 EPS of $0.07

AmeriServ Financial Reports Earnings For The Second Quarter And First Six Months Of 2016

July 19, 2016 8:00 AM EDT

JOHNSTOWN, Pa., July 19, 2016 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ: ASRV) returned to more typical profitability levels in the second quarter of 2016 by reporting net income available to common shareholders of $1,362,000, or $0.07 per diluted common share.  This earnings performance was consistent with the second quarter of 2015 where net income available to common shareholders totaled $1,369,000, or $0.07 per diluted common share.  For the six month period ended June 30, 2016, the Company reported net income available to common shareholders of $80,000, which rounds to $0.00 per diluted share.  This represented a decrease in earnings per share... More