Ameriserv Financial (ASRV) Declares $0.025 Quarterly Dividend; 2.5% Yield
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AMERISERV FINANCIAL REPORTS INCREASED EARNINGS FOR THE FOURTH QUARTER AND FULL YEAR OF 2021 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND
January 25, 2022 8:00 AM ESTJOHNSTOWN, Pa., Jan. 25, 2022 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ: ASRV) reported fourth quarter 2021 net income of $1,852,000, or $0.11 per diluted common share. This earnings performance was a $1,160,000 increase from the fourth quarter of 2020 when net income totaled $692,000, or $0.04 per diluted common share. For the year ended December 31, 2021, the Company reported net income of $7,072,000, or $0.41 per diluted common share. This represents a 51.9% increase in earnings per share from the full year of 2020 when net income totaled $4,598,000, or $0.27 per diluted common share. The following table highlights the Company's financial performance for both the three- and twelve-month periods ended... More
