AmeriServ reports FY2022 EPS up 5% to $0.43; Q4 EPS down 49% to $0.06; declares $0.03 dividend

AMERISERV FINANCIAL INC /PA/

2022-FY EPS reported $0.43 revenue$14,737,000

Full year 2022 net income $7.45M ($0.43 diluted EPS), up 4.9% from $0.41 in 2021.
Q4 2022 net income $0.95M ($0.06 EPS) vs $1.85M ($0.11 EPS) in Q4 2021, a 48.9% decline.
Adjusted FY2022 diluted EPS $0.55, up 12% from $0.49; adjusted net income $9.47M.
Board declared $0.03 per share quarterly dividend, payable Feb 21, 2023 to holders of record Feb 6, 2023.
Net interest income for FY2022 increased $1.5M (+3.8%); loan loss provision fell to $50K from $1.1M.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMERISERV FINANCIAL INC /PA/ reported fourth quarter 2022 results: net income $947,000, EPS $0.06 per diluted common share.

Period: fourth quarter 2022
Net income: $947,000
EPS: $0.06 per diluted common share
Result: reported results

Exact text from the filing

A m er iS er v F i n a n c i a l , I n c . ( NA S DAQ: A SR V) r e p o r t e d fourth qu ar t e r 2022 n e t i n c o m e of $947,000, or $0.06 p e r d il u t e d c o mm on sh are .

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMERISERV FINANCIAL INC /PA/ reported year ended December 31, 2022 results: net income $7,448,000, EPS $0.43 per diluted common share.

Period: year ended December 31, 2022
Net income: $7,448,000
EPS: $0.43 per diluted common share
Result: reported results

Exact text from the filing

For the year ended December 31, 2022, the Company reported net income of $7,448,000, or $0.43 per diluted common share.

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Source: SEC EDGAR

accession 0001558370-23-000442

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