Ameriserv Financial (ASRV) Reports Q4 EPS of $0.11

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Go back to Ameriserv Financial (ASRV) Reports Q4 EPS of $0.11

AMERISERV FINANCIAL REPORTS INCREASED EARNINGS FOR THE FULL YEAR OF 2022 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

January 24, 2023 8:00 AM EST

JOHNSTOWN, Pa., Jan. 24, 2023 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ: ASRV) reported fourth quarter 2022 net income of $947,000, or $0.06 per diluted common share.  This earnings performance was a $905,000, or 48.9%, decrease from the fourth quarter of 2021 when net income totaled $1,852,000, or $0.11 per diluted common share.  For the year ended December 31, 2022, the Company reported net income of $7,448,000, or $0.43 per diluted common share.  This represents a 4.9% increase in earnings per share from the full year of 2021 when net income totaled $7,072,000, or $0.41 per diluted common share.  On an adjusted basis, eliminating the impact of a pension... More