AmeriServ Financial (ASRV)


Market Price (8/8/2026): $4.93 | Market Cap: $83.5 MilSector: Financials | Industry: Regional Banks

AmeriServ Financial (ASRV)


Market Price (8/8/2026): $4.93
Market Cap: $83.5 Mil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.0%, Dividend Yield is 2.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.6%

Low stock price volatility
Vol 12M is 35%

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Weak multi-year price returns
3Y Excs Rtn is -2.5%

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.36

Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 28x

Key risks
ASRV key risks include [1] an insufficient allowance for bad loans, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.0%, Dividend Yield is 2.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.6%
1 Low stock price volatility
Vol 12M is 35%
2 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
3 Weak multi-year price returns
3Y Excs Rtn is -2.5%
4 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.36
5 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 28x
6 Key risks
ASRV key risks include [1] an insufficient allowance for bad loans, Show more.

ASRV in ETFs

Weight = ASRV's share of each fund

DFAS0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/6/2026

AmeriServ Financial (ASRV) stock has gained about 25% since 4/30/2026 because of the following key factors:

1. AmeriServ Financial reported a significant turnaround in its financial performance for fiscal Q2 2026 (ended June 30, 2026). The company posted net income of $0.16 per diluted share, a substantial improvement from a net loss of $(0.02) per share in the corresponding prior year period. For the first six months of 2026, diluted earnings per share increased by 170.0% compared to the same period in 2025.

2. The company experienced higher net interest income and improved net interest margin. Net interest income in fiscal Q2 2026 increased by 9.1% year-over-year, while the net interest margin for both the second quarter and the first six months of 2026 improved by 24 basis points. This growth was attributed to effective balance sheet management and lower funding costs.

Show more
Updated on 8/6/2026

AmeriServ Financial (ASRV) stock has gained about 25% since 4/30/2026 because of the following key factors:

1. AmeriServ Financial reported a significant turnaround in its financial performance for fiscal Q2 2026 (ended June 30, 2026). The company posted net income of $0.16 per diluted share, a substantial improvement from a net loss of $(0.02) per share in the corresponding prior year period. For the first six months of 2026, diluted earnings per share increased by 170.0% compared to the same period in 2025.

2. The company experienced higher net interest income and improved net interest margin. Net interest income in fiscal Q2 2026 increased by 9.1% year-over-year, while the net interest margin for both the second quarter and the first six months of 2026 improved by 24 basis points. This growth was attributed to effective balance sheet management and lower funding costs.

3. AmeriServ Financial demonstrated enhanced credit quality. In fiscal Q2 2026, the company recorded a $294,000 provision for credit losses recovery, a notable shift from a $3.1 million provision in the prior year's second quarter. Furthermore, non-performing loans decreased to 0.76% of total loans as of June 30, 2026, with the allowance for loan credit losses providing 167% coverage of non-performing loans.

4. The positive momentum for AmeriServ was supported by a favorable broader regional banking sector environment. The S&P Regional Bank ETF saw an 18.9% return year-to-date through July 29, 2026, indicating a strong sector-wide performance. This trend was fueled by earnings growth driven by net interest margin expansion, stable credit costs, and a return to a positively sloped yield curve, which benefits regional banks.

Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 26.0% change in ASRV stock from 4/30/2026 to 8/7/2026 was primarily driven by a 31.8% change in the company's P/E Multiple.
(LTM values as of)43020268072026Change
Stock Price ($)3.904.9226.0%
Change Contribution By: 
Total Revenues ($ Mil)59601.3%
Net Income Margin (%)9.5%9.2%-3.2%
P/E Multiple11.515.131.8%
Shares Outstanding (Mil)1717-2.4%
Cumulative Contribution26.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/7/2026
ReturnCorrelation
ASRV26.0% 
Market (SPY)7.6%-6.2%
Sector (XLF)10.5%4.9%

Fundamental Drivers

The 52.6% change in ASRV stock from 1/31/2026 to 8/7/2026 was primarily driven by a 43.9% change in the company's P/E Multiple.
(LTM values as of)13120268072026Change
Stock Price ($)3.224.9252.6%
Change Contribution By: 
Total Revenues ($ Mil)58603.5%
Net Income Margin (%)8.7%9.2%5.0%
P/E Multiple10.515.143.9%
Shares Outstanding (Mil)1717-2.4%
Cumulative Contribution52.6%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/7/2026
ReturnCorrelation
ASRV52.6% 
Market (SPY)12.1%4.8%
Sector (XLF)8.3%13.6%

Fundamental Drivers

The 82.9% change in ASRV stock from 7/31/2025 to 8/7/2026 was primarily driven by a 38.2% change in the company's Net Income Margin (%).
(LTM values as of)73120258072026Change
Stock Price ($)2.694.9282.9%
Change Contribution By: 
Total Revenues ($ Mil)546010.3%
Net Income Margin (%)6.6%9.2%38.2%
P/E Multiple12.315.122.9%
Shares Outstanding (Mil)1717-2.4%
Cumulative Contribution82.9%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/7/2026
ReturnCorrelation
ASRV82.9% 
Market (SPY)23.4%5.2%
Sector (XLF)11.3%14.8%

Fundamental Drivers

The 70.4% change in ASRV stock from 7/31/2023 to 8/7/2026 was primarily driven by a 100.4% change in the company's P/E Multiple.
(LTM values as of)73120238072026Change
Stock Price ($)2.894.9270.4%
Change Contribution By: 
Total Revenues ($ Mil)58603.1%
Net Income Margin (%)11.2%9.2%-18.5%
P/E Multiple7.615.1100.4%
Shares Outstanding (Mil)17171.2%
Cumulative Contribution70.4%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/7/2026
ReturnCorrelation
ASRV70.4% 
Market (SPY)74.9%9.1%
Sector (XLF)70.4%15.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ASRV Return27%5%-15%-13%24%54%88%
Peers Return16%-19%25%0%49%20%109%
S&P 500 Return27%-19%24%23%16%13%105%

Monthly Win Rates [3]
ASRV Win Rate58%33%33%33%58%75% 
Peers Win Rate33%50%54%46%69%64% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
ASRV Max Drawdown-16%-17%-40%-29%-26%-9% 
Peers Max Drawdown-16%-31%-31%-26%-21%-20% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEWT, ATLO, FCBM, CBC, NU.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/7/2026 (YTD)

How Low Can It Go

EventASRVS&P 500
2025 US Tariff Shock
  % Loss-20.9%-18.8%
  % Gain to Breakeven26.4%23.1%
  Time to Breakeven43 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-18.3%-9.5%
  % Gain to Breakeven22.4%10.5%
  Time to Breakeven56 days24 days
2023 SVB Regional Banking Crisis
  % Loss-37.9%-6.7%
  % Gain to Breakeven60.9%7.1%
  Time to Breakeven950 days31 days
2020 COVID-19 Crash
  % Loss-41.7%-33.7%
  % Gain to Breakeven71.5%50.9%
  Time to Breakeven334 days140 days
2013 Taper Tantrum
  % Loss-11.3%-0.2%
  % Gain to Breakeven12.8%0.2%
  Time to Breakeven17 days1 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-30.8%-17.9%
  % Gain to Breakeven44.6%21.8%
  Time to Breakeven156 days123 days

Compare to NEWT, ATLO, FCBM, HAPN, CBC

In The Past

AmeriServ Financial's stock fell -20.9% during the 2025 US Tariff Shock. Such a loss loss requires a 26.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventASRVS&P 500
2025 US Tariff Shock
  % Loss-20.9%-18.8%
  % Gain to Breakeven26.4%23.1%
  Time to Breakeven43 days79 days
2023 SVB Regional Banking Crisis
  % Loss-37.9%-6.7%
  % Gain to Breakeven60.9%7.1%
  Time to Breakeven950 days31 days
2020 COVID-19 Crash
  % Loss-41.7%-33.7%
  % Gain to Breakeven71.5%50.9%
  Time to Breakeven334 days140 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-30.8%-17.9%
  % Gain to Breakeven44.6%21.8%
  Time to Breakeven156 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-36.4%-15.4%
  % Gain to Breakeven57.3%18.2%
  Time to Breakeven194 days125 days
2008-2009 Global Financial Crisis
  % Loss-51.7%-53.4%
  % Gain to Breakeven107.1%114.4%
  Time to Breakeven1148 days1085 days

Compare to NEWT, ATLO, FCBM, HAPN, CBC

In The Past

AmeriServ Financial's stock fell -20.9% during the 2025 US Tariff Shock. Such a loss loss requires a 26.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About AmeriServ Financial (ASRV)

AmeriServ Financial, Inc. (ASRV) operates as a bank holding company, primarily through its subsidiary, AmeriServ Financial Bank. The company functions as a regional community bank, providing a wide array of financial products and services to individuals, businesses, and governmental customers.

Its main products and services include retail banking offerings such as demand, savings, money market, and checking accounts, alongside various loan types like secured and unsecured consumer loans and mortgage loans. For commercial clients, AmeriServ provides a suite of lending solutions including commercial real estate mortgages, short and medium-term loans, revolving credit, lines of credit, and business deposit accounts. Beyond traditional banking, it also offers personal and institutional trust services, investment management, and the sale of mutual funds, annuities, and insurance products.

AmeriServ Financial primarily serves customers within specific counties in Pennsylvania (Allegheny, Cambria, Centre, Somerset, and Westmoreland) and Washington County, Maryland. It operates through a network of 17 banking locations, catering to the financial needs of its local consumer, commercial, industrial, financial, and governmental clientele in these regions.

AI Analysis | Feedback

  • It's like a community-focused PNC Bank, serving specific regions in Pennsylvania and Maryland.
  • Think of it as a localized, full-service financial institution, similar to a smaller U.S. Bank, but with a deep emphasis on personalized trust and wealth management.

AI Analysis | Feedback

  • Deposit Accounts: Provides various types of checking, savings, money market, and time deposit accounts for both individual and commercial clients.
  • Consumer Loans: Offers secured and unsecured loans to individuals, including personal loans and mortgage loans.
  • Commercial Loans: Extends a range of credit facilities to businesses, such as real estate mortgages, lines of credit, and inventory financing.
  • Personal Trust Services: Manages investments and provides estate planning, administration, and custodial services for individuals.
  • Institutional Trust Services: Administers employee benefit plans, including 401(k)s, defined benefit/contribution plans, and individual retirement accounts for organizations.
  • Union Collective Investment Funds: Manages investment funds specifically for union pension dollars, targeting construction projects that utilize union labor.
  • Investment and Insurance Products: Facilitates the sale of mutual funds, annuities, and various insurance products to clients.
  • Credit Life and Disability Insurance (Reinsurance): Engages in underwriting as a reinsurer for credit life and disability insurance policies.
  • Ancillary Banking Services: Offers supplementary services like safe deposit boxes, wire transfers, night depository, and lock box services for convenience.

AI Analysis | Feedback

AmeriServ Financial (ASRV) primarily serves a diverse customer base rather than a few major named companies. Its major customers can be categorized as follows:

  1. Individual Consumers: This category includes individuals utilizing retail banking services such as checking, savings, and money market accounts, consumer loans, mortgage loans, and safe deposit boxes. It also encompasses individuals seeking personal trust services, investment management, estate planning, individual retirement accounts (IRAs), mutual funds, annuities, and insurance products.
  2. Businesses and Commercial Enterprises: AmeriServ Financial provides a wide range of services to commercial, industrial, financial, and governmental customers. These services include commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services.
  3. Institutional Clients (Trust & Employee Benefits): This category covers institutions, including businesses and unions, that utilize services such as 401(k) plans, defined benefit and defined contribution employee benefit plans, and union collective investment funds. They also provide institutional trust products and services.

AI Analysis | Feedback

null

AI Analysis | Feedback

Jeffrey A. Stopko, President and Chief Executive Officer

Mr. Stopko has served as President and Chief Executive Officer of AmeriServ Financial, Inc. since March 24, 2015. Previously, he was Executive Vice President and Chief Financial and Administrative Officer of AmeriServ Financial, Inc. since March 2009, overseeing finance, information technology, credit administration, and human resources. From 1997, he held the position of Chief Financial Officer and Principal Accounting Officer, directing all financial and investment activities. He is credited with guiding a major corporate balance sheet restructuring at AmeriServ to reduce risk and improve earnings. Mr. Stopko is a licensed Certified Public Accountant with Big Four accounting experience, specifically from PricewaterhouseCoopers. He earned a Bachelor of Science degree in Business Administration from Bucknell University in 1984. He also serves as a board member and vice chair of Johnstown Area Regional Industries, and a board member of the Community Foundation of the Alleghenies.

Michael D. Lynch, Executive Vice President, Chief Financial and Investment Officer, Chief Risk Officer

Mr. Lynch will retire effective May 18, 2026, concluding a career of over 40 years at AmeriServ Financial. He joined AmeriServ in 1983. In March 2015, he was promoted to Senior Vice President, Chief Financial and Investment Officer. Prior to that, he served as Senior Vice President, Chief Investment and Risk Officer.

David A. Finui, President of Wealth Management

Mr. Finui was appointed President of AmeriServ Wealth & Capital Management in August 2023. Before this role, he was Executive Vice President, Director of Capital Management since 2016, with direct oversight of the personal trust and financial services divisions. He possesses over 44 years of experience in the trust and wealth management business and more than 50 years of experience in the financial sector. Mr. Finui holds an MBA from Indiana University of Pennsylvania and a bachelor of science degree from the University of Pittsburgh at Johnstown.

Michael Baylor, Executive Vice President and Chief Lending Officer

Mr. Baylor was promoted to Chief Banking Officer in March 2015. Prior to that, he held the position of Senior Vice President of Commercial Banking.

Bettina D. Fochler, Senior Vice President and Chief Credit Officer

Ms. Fochler has been part of the AmeriServ team since 2001 and has held the position of Chief Credit Officer of AmeriServ Financial, Inc. since January 2017. She brings over 20 years of experience in Credit Risk Management. Previously, she served as Credit Manager, responsible for overseeing commercial loan underwriting, asset quality, and risk management. Ms. Fochler earned a Bachelor of Arts Degree in business from the University of Pittsburgh in 2000.

AI Analysis | Feedback

The key risks to AmeriServ Financial (ASRV) include interest rate fluctuations impacting net interest margins, credit risk from its diverse loan portfolio, and the increasing burden of regulatory compliance costs.

  1. Interest Rate Risk and Net Interest Margin Pressure
    As a financial institution, AmeriServ Financial's profitability is highly sensitive to changes in interest rates. Elevated interest rates can lead to higher funding costs for deposits, subsequently squeezing the bank's net interest margin (NIM)—the difference between interest earned on loans and interest paid on deposits. This has been identified as a significant challenge for regional banks. While AmeriServ reported a slight increase in net interest margin to 2.81% from 2.86% in 2023, the ongoing pressure on funding costs remains a concern for community banks generally.
  2. Credit Risk, particularly from Commercial Real Estate and Consumer Loans
    AmeriServ Financial's business model involves extensive lending across various categories, including commercial real estate mortgage loans, construction loans, and a range of consumer loans. This exposes the company to credit risk, which is the potential for borrowers to default on their obligations. Industry trends indicate emerging credit issues, particularly in certain commercial real estate sectors such as office buildings, and a rise in delinquencies for consumer loans like credit cards and auto loans. A downturn in the local economies where AmeriServ operates (Allegheny, Cambria, Centre, Somerset, and Westmoreland counties in Pennsylvania, and Washington County, Maryland) could exacerbate these credit risks.
  3. Increased Regulatory Burden and Compliance Costs
    Community banks, including AmeriServ Financial, face a continuously evolving and complex regulatory environment. Adhering to increasing regulatory demands and the associated compliance costs presents a significant risk. The fixed nature of many regulatory compliance costs can disproportionately affect smaller financial institutions like AmeriServ, potentially leading to reduced economies of scale and operational inefficiencies. This can impact the bank's ability to offer competitive services and maintain profitability.

AI Analysis | Feedback

  • The emergence of digital-only banks (neobanks) and challenger banks, which operate without physical branches, offer consumer banking services (checking, savings, and loans) entirely through mobile apps and online platforms. These entities often leverage lower overheads to provide competitive rates, lower fees, and superior digital user experiences. This directly threatens AmeriServ's traditional branch-based retail banking model and its ability to attract and retain customers, particularly those who prefer digital interactions over physical branch visits.
  • The rise of specialized fintech lending platforms that offer consumer, mortgage, and commercial loans through streamlined digital application processes. These platforms often utilize advanced analytics for faster approvals and more personalized offerings, directly competing with AmeriServ's core lending products and potentially eroding its market share by attracting borrowers seeking speed, convenience, and alternative underwriting models.
  • The growth of robo-advisors and digital wealth management platforms that provide automated, low-cost investment management, financial planning, and retirement services online. These platforms directly challenge AmeriServ's personal portfolio investment management, estate planning, and institutional trust products (such as 401(k) plans and IRAs) by offering a more accessible, often more affordable, and technologically advanced alternative for wealth management.

AI Analysis | Feedback

null

AI Analysis | Feedback

AmeriServ Financial (NASDAQ: ASRV) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market dynamics:

  1. Expansion of Net Interest Income (NII) and Net Interest Margin (NIM): The company has demonstrated a meaningful improvement in net interest income and an expansion of its net interest margin, which are crucial for a bank's profitability. For example, net interest income for the full year 2025 rose by $6.2 million (17.2%), and the net interest margin improved by approximately 34 basis points to 3.15% for 2025. This trend is expected to continue through effective balance sheet management.
  2. Growth in Loan Portfolio: AmeriServ Financial aims to increase its total average loans by pursuing consistent new loan funding opportunities and successful business development efforts. For instance, total average loans for 2025 grew by $23.7 million, or 2.3%, compared to 2024. Total average loans in the first nine months of 2025 also grew by 3.5% from the 2024 nine-month average.
  3. Strengthened Wealth Management Services: The company is actively strengthening business development activity within its Trust and Wealth Management business lines. This includes the creation of the AmeriServ Wealth and Capital Management division in late 2024 and a formal alliance with Federated Hermes to expand investment opportunities in Western Pennsylvania. Growth in wealth management revenues was also noted in the fourth quarter of 2023 due to new large accounts and increasing market value of wealth management assets.
  4. Increased Deposit Base: Growth in average deposits provides a stable funding source for loans and contributes to overall revenue. For the full year 2025, average deposits increased by $67.3 million, or 5.8%. Total deposits also increased by $42.6 million, or 3.7%, during 2024, attributed to successful business development efforts.

AI Analysis | Feedback

```html

[1] Share Repurchases

  • AmeriServ Financial, Inc. authorized a share repurchase program of up to $100,000,000 on December 6, 2021.
  • As of February 1, 2025, approximately $44,900,000 remained available under this share repurchase authorization.

[2] Share Issuance

  • AmeriServ agreed to issue 370,500 shares of common stock to SB Value Partners and an affiliate under an Amended and Restated Consulting Agreement.
  • An additional 83,000 employee incentive shares were to be issued for certain employees and affiliates as part of the consideration for the consulting agreement.
  • These issuances contributed to SB Value Partners and its affiliate reporting a beneficial ownership of 1,645,051 shares, representing 9.7% of the common stock, as of November 10, 2025.

[3] Inbound Investments

  • SB Value Partners, L.P. became a significant shareholder in AmeriServ Financial, reporting beneficial ownership of 9.7% of the company's common stock.
  • This strategic investment involved the issuance of shares to SB Value Partners and an affiliate under an Amended and Restated Consulting Agreement, which also included monthly cash fees and salary reimbursements.

[4] Outbound Investments

  • AmeriServ Financial Bank sold all 7,859 shares of its Class B common stock of Visa Inc. during the first quarter of 2023, resulting in a gain of $1.7 million.
  • In December 2025, AmeriServ Financial Bank and Federated Hermes Inc. announced a strategic alliance to broaden investment opportunities for AmeriServ's individual and institutional wealth management clients in Western Pennsylvania. This alliance provides AmeriServ clients access to Federated Hermes' investment research, portfolio construction solutions, and wealth management products.

[5] Capital Expenditures

  • In 2021, capital expenditures totaled approximately $141,000.
  • Capital expenditures amounted to approximately $791,000 in 2022.
  • For 2023, capital expenditures were approximately $520,000.
  • In 2024, AmeriServ Financial reported net capital expenditures resulting in a cash inflow of approximately $238,000.
```

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ASRVNEWTATLOFCBMCBCNUMedian
NameAmeriSer.NewtekOneAmes Nat.First Ca.Central .Nu  
Mkt Price4.9213.5331.2512.4933.5113.8413.68
Mkt Cap0.10.40.3-402.667.20.4
Rev LTM6027270-1,00011,915272
Op Inc LTM-------
FCF LTM2-77622-45786822
FCF 3Y Avg2-34817--1,71210
CFO LTM3-77623-4911,20123
CFO 3Y Avg4-34819--1,95211

Growth & Margins

ASRVNEWTATLOFCBMCBCNUMedian
NameAmeriSer.NewtekOneAmes Nat.First Ca.Central .Nu  
Rev Chg LTM10.3%10.5%21.7%--39.5%16.1%
Rev Chg 3Y Avg1.5%32.1%5.4%--51.8%18.8%
Rev Chg Q5.3%8.0%17.8%--57.2%12.9%
QoQ Delta Rev Chg LTM1.3%1.9%4.1%--12.1%3.0%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM4.9%-285.4%32.5%-49.1%10.1%10.1%
CFO/Rev 3Y Avg6.5%-134.4%31.4%--22.3%14.4%
FCF/Rev LTM2.6%-285.4%31.2%-45.7%7.3%7.3%
FCF/Rev 3Y Avg3.9%-134.5%28.6%--19.6%11.7%

Valuation

ASRVNEWTATLOFCBMCBCNUMedian
NameAmeriSer.NewtekOneAmes Nat.First Ca.Central .Nu  
Mkt Cap0.10.40.3-402.667.20.4
P/S1.41.44.0-402.55.64.0
P/Op Inc-------
P/EBIT-------
P/E15.16.012.8-1,072.721.115.1
P/CFO28.3-0.512.3-820.556.028.3
Total Yield9.0%24.4%10.5%-0.1%4.7%9.0%
Dividend Yield2.4%7.6%2.7%-0.0%0.0%2.4%
FCF Yield 3Y Avg4.1%-92.0%8.8%--2.6%3.4%
D/E0.91.40.1-0.00.00.1
Net D/E0.10.4-1.7--0.0-0.4-0.0

Returns

ASRVNEWTATLOFCBMCBCNUMedian
NameAmeriSer.NewtekOneAmes Nat.First Ca.Central .Nu  
1M Rtn30.3%-3.8%8.4%-1.0%9.6%3.5%5.9%
3M Rtn35.7%-3.9%10.1%-0.9%23.4%0.3%5.2%
6M Rtn30.6%0.0%13.7%-0.9%39.4%-20.5%6.9%
12M Rtn74.2%26.9%75.0%-0.9%85.0%11.5%50.5%
3Y Rtn69.4%-15.0%83.0%-0.9%151.5%73.2%71.3%
1M Excs Rtn26.8%-8.9%4.8%-5.3%4.7%-1.6%1.6%
3M Excs Rtn25.3%-5.4%4.5%-6.6%17.2%-8.7%-0.5%
6M Excs Rtn26.1%-11.2%0.9%-15.0%27.2%-31.8%-5.1%
12M Excs Rtn53.1%6.3%52.9%-23.1%62.7%-9.0%29.6%
3Y Excs Rtn-2.5%-81.8%8.0%-72.8%75.7%5.3%1.4%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Community Banking5954525152
Investment/Parent   -6-7
Wealth Management   1212
Total5954525757


Operating Income by Segment
$ Mil20152014201320122011
Commercial banking867510
Retail Banking43443
Trust21211
Investment/Parent-6-6-5-5-5
Total85769


Net Income by Segment
$ Mil20232022202120202019
Community Banking1212121011
Wealth Management12322
Investment/Parent-16-7-8-7-7
Total-37756


Assets by Segment
$ Mil20232022202120202019
Community Banking1,1521,1151,1121,087982
Investment/Parent227238213186179
Wealth Management1111111010
Total1,3901,3641,3361,2831,171


Price Behavior

Price Behavior
Market Price$4.92 
Market Cap ($ Bil)0.1 
First Trading Date03/27/1990 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$3.96$3.55
DMA Trendupup
Distance from DMA24.1%38.6%
 3M1YR
Volatility34.5%34.6%
Downside Capture-101.27-37.88
Upside Capture51.1034.24
Correlation (SPY)-5.9%7.0%
ASRV Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta0.260.06-0.000.240.190.25
Up Beta-0.34-0.210.090.230.330.12
Down Beta0.570.070.170.260.460.33
Up Capture162%86%25%52%26%11%
Bmk +ve Days11223567138427
Stock +ve Days14263566131366
Down Capture-101%-58%-54%-21%-49%45%
Bmk -ve Days11212859114326
Stock -ve Days714245197329

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ASRV
ASRV75.8%34.5%1.68-
Sector ETF (XLF)12.3%14.6%0.5716.6%
Equity (SPY)23.3%12.8%1.366.9%
Gold (GLD)28.5%28.4%0.871.1%
Commodities (DBC)32.9%19.8%1.329.3%
Real Estate (VNQ)14.2%13.8%0.727.7%
Bitcoin (BTCUSD)-44.2%42.9%-1.234.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ASRV
ASRV9.4%35.2%0.33-
Sector ETF (XLF)11.4%18.4%0.4815.0%
Equity (SPY)13.5%17.2%0.617.7%
Gold (GLD)18.6%18.6%0.810.8%
Commodities (DBC)8.2%19.6%0.313.6%
Real Estate (VNQ)2.3%18.9%0.029.3%
Bitcoin (BTCUSD)8.8%53.0%0.352.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ASRV
ASRV7.8%33.9%0.31-
Sector ETF (XLF)13.6%22.1%0.5625.2%
Equity (SPY)15.4%17.9%0.7316.3%
Gold (GLD)12.1%16.2%0.61-1.6%
Commodities (DBC)7.4%18.0%0.337.7%
Real Estate (VNQ)4.8%20.7%0.2018.6%
Bitcoin (BTCUSD)58.2%66.2%0.984.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 6302026-7.7%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest11.4 days
Basic Shares Quantity16.9 Mil
Short % of Basic Shares0.5%

Earnings Returns History

Updated 7/30/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/21/20261.6%8.3% 
4/21/20260.8%-4.6%-0.3%
1/20/20260.0%0.3%21.0%
10/21/20251.6%2.3%1.3%
7/22/2025-1.6%-10.3%-3.2%
4/22/20252.6%4.8%11.9%
1/21/2025-1.8%-1.5%-3.3%
10/22/2024-3.0%-10.3%-3.9%
...
SUMMARY STATS   
# Positive141411
# Negative779
Median Positive2.2%4.7%7.8%
Median Negative-1.8%-4.6%-3.2%
Max Positive5.6%20.5%31.9%
Max Negative-3.0%-10.3%-7.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/21/20261.6%8.3% 
4/21/20260.8%-4.6%-0.3%
1/20/20260.0%0.3%21.0%
10/21/20251.6%2.3%1.3%
7/22/2025-1.6%-10.3%-3.2%
4/22/20252.6%4.8%11.9%
1/21/2025-1.8%-1.5%-3.3%
10/22/2024-3.0%-10.3%-3.9%
7/16/20245.2%10.8%-0.0%
4/16/20245.6%12.6%18.4%
1/23/2024-2.0%4.2%-4.6%
10/17/2023-0.4%-0.8%3.5%
7/18/20234.6%20.5%31.9%
4/18/2023-1.0%-4.8%-7.4%
1/24/20230.0%0.3%-0.0%
10/18/20222.2%9.4%7.8%
7/19/2022-1.8%-1.0%1.0%
4/19/20224.1%2.0%1.8%
1/25/20222.5%9.1%15.1%
10/19/20211.3%1.3%-1.4%
7/20/20212.1%4.6%2.0%
SUMMARY STATS   
# Positive141411
# Negative779
Median Positive2.2%4.7%7.8%
Median Negative-1.8%-4.6%-3.2%
Max Positive5.6%20.5%31.9%
Max Negative-3.0%-10.3%-7.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/14/202610-Q
12/31/202503/18/202610-K
09/30/202511/13/202510-Q
06/30/202508/11/202510-Q
03/31/202505/13/202510-Q
12/31/202403/19/202510-K
09/30/202411/12/202410-Q
06/30/202408/12/202410-Q
03/31/202405/13/202410-Q
12/31/202303/27/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/12/202310-Q
12/31/202203/27/202310-K
09/30/202211/10/202210-Q
06/30/202208/10/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/14/202610-Q
12/31/202503/18/202610-K
09/30/202511/13/202510-Q
06/30/202508/11/202510-Q
03/31/202505/13/202510-Q
12/31/202403/19/202510-K
09/30/202411/12/202410-Q
06/30/202408/12/202410-Q
03/31/202405/13/202410-Q
12/31/202303/27/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/12/202310-Q
12/31/202203/27/202310-K
09/30/202211/10/202210-Q
06/30/202208/10/202210-Q
03/31/202205/11/202210-Q
12/31/202103/14/202210-K
09/30/202111/08/202110-Q
06/30/202108/09/202110-Q
03/31/202105/10/202110-Q
12/31/202003/10/202110-K
09/30/202011/06/202010-Q
06/30/202008/10/202010-Q
03/31/202005/08/202010-Q
12/31/201903/02/202010-K
09/30/201911/08/201910-Q
06/30/201908/12/201910-Q

Insider Activity

Updated 6/3/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Stopko, Jeffrey APresident & CEO ASRV & BankDirectBuy50620263.853,00011,550652,109Form
2Stopko, Jeffrey APresident & CEO ASRV & BankDirectBuy91220252.896781,959468,115Form
3Stopko, Jeffrey APresident & CEO ASRV & BankDirectBuy91220252.851,3223,768459,768Form
4Stopko, Jeffrey APresident & CEO ASRV & BankDirectBuy82920253.043,0009,120486,400Form
5Lynch, Michael DEVP/CFODirectBuy73120252.872,0005,74851,249Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Stopko, Jeffrey APresident & CEO ASRV & BankDirectBuy50620263.853,00011,550652,109Form
2Stopko, Jeffrey APresident & CEO ASRV & BankDirectBuy91220252.896781,959468,115Form
3Stopko, Jeffrey APresident & CEO ASRV & BankDirectBuy91220252.851,3223,768459,768Form
4Stopko, Jeffrey APresident & CEO ASRV & BankDirectBuy82920253.043,0009,120486,400Form
5Lynch, Michael DEVP/CFODirectBuy73120252.872,0005,74851,249Form
6Lynch, Michael DEVP/CFODirectBuy73120252.831,5004,23844,725Form
Core Cache Last Updated: 8/7/2026