Highest-materiality recent filing
AmeriServ Financial reports 2026 annual meeting results; all director nominees elected
Elected Class I directors Bloomingdale, Hickton, Onorato with 8.5M+ votes each; broker non-votes 3.2M.
AmeriServ Q2 2026 net income $2.74M ($0.16 EPS); NIM 3.34%; NPAs down to $8.38M
Q2 2026 net income $2.74M vs Q2 2025 loss $0.38M; EPS $0.16 vs ($0.02).
AmeriServ Financial Q2 net income $2.7M ($0.16/share) vs loss; declares $0.03 dividend
Q2 2026 net income $2.7M ($0.16 diluted EPS) vs Q2 2025 net loss $282K ($0.02 loss).
AmeriServ restructures CFO role after EVP Lynch retires; CEO Stopko adds CFO duties
Michael Lynch retired May 18, 2026; previously EVP, CFO, CRO, CIO.
AmeriServ Q1 net income falls 6% to $1.79M ($0.11 EPS); NIM improves 25bps
Net income of $1.794M ($0.11 diluted EPS) vs $1.908M ($0.12) in Q1 2025, down 6%.
AmeriServ CFO Michael D. Lynch to retire May 18, 2026; search underway
CFO Michael D. Lynch retiring after 40+ years at AmeriServ; effective May 18, 2026.
AmeriServ Financial Q4 net income $1.44M ($0.09 EPS), up 62% YoY; declares $0.03 dividend
Q4 net income $1.442M ($0.09 diluted EPS) vs $889K ($0.05) YoY; full year net income $5.612M ($0.34 EPS) vs $3.601M ($0.21).
AmeriServ enters amended consulting deal with SBV, issues 433k shares, SBV ownership to 9.7%
Amended and restated consulting agreement expands scope with SB Value Partners through additional Phase II services.
AmeriServ Q3 net income $2.544M ($0.15 EPS) up 115% YoY; declares $0.03 dividend
Q3 net income $2.544M ($0.15 diluted EPS) vs $1.183M ($0.07) YoY; nine-month net income $4.170M ($0.25) up 56.3%.
AmeriServ Financial ratifies new four-year labor contract with USW Local 2635-06
Union employees ratified contract on October 12, 2025; contract runs through October 16, 2029.
All three director nominees elected: Amy Bradley (8,642,087 for), Kim W. Kunkle (6,568,982 for), Jeffrey A. Stopko (8,657,767 for).
AmeriServ reports Q2 2025 net loss of $282k EPS ($0.02) on $3.1M provision
Q2 net loss $282k vs Q1 net income $1.9M; EPS ($0.02) vs $0.12.
AmeriServ Q2 net loss narrows to $282K; YTD earnings up 11%; dividend $0.03
Q2 2025 net loss of $282K ($0.02 diluted EPS) vs Q2 2024 net loss of $375K; YTD net income $1.6M ($0.10 EPS) up 11%.
AmeriServ Q1 net income flat at $1.9M ($0.12 EPS); NIM improves 31 bps; dividend $0.03
Net income $1,908,000 ($0.12 diluted EPS) vs $1,904,000 ($0.11) in Q1 2024; essentially flat.
AmeriServ signs consulting deal with SB Value Partners; 350k shares contingent on stock reaching $5
SB Value Partners (8.2% holder) to advise on wealth management division for four years under consulting agreement.
AmeriServ Q4 net income $889K (EPS $0.05) vs year-ago loss; full-year profit; NIM expands
Q4 2024 net income $889K ($0.05 EPS) vs Q4 2023 net loss $5.3M (-$0.31 EPS).
AmeriServ Q3 net income jumps 83% to $0.07/share; declares $0.03 dividend
Q3 2024 net income $1.18M ($0.07 EPS) vs $0.65M ($0.04) YoY, up 83%.
AmeriServ adopts proxy access, changes director voting to plurality/majority standard
Shareholders approved removal of cumulative voting; bylaws amended September 19, 2024.
AmeriServ Financial amends articles to eliminate cumulative voting in director elections
Shareholders approved elimination of cumulative voting at Aug. 20, 2024 annual meeting.
AmeriServ Financial annual meeting elects directors, approves charter amendment, say-on-pay, auditor
Proposal 1: Elected J. Michael Adams Jr. (8,253,852 for), Margaret O'Malley (6,516,389), Mark Pasquerilla (6,367,400) as Class II directors.
AmeriServ posts investor presentation; no material new disclosures in filing excerpt
Company made August 2024 investor presentation available on website as Exhibit 99.1.
AmeriServ Financial declares $0.03 quarterly dividend payable Aug 19
$0.03 per share quarterly dividend declared; payable Aug 19, 2024 to holders of record Aug 5, 2024.
AmeriServ reports Q2 net loss of $375K; activism costs weigh on results
Q2 2024 net loss of $375K ($0.02 per diluted share) vs net loss of $187K ($0.01) in Q2 2023.
AmeriServ amends bylaws to reduce record date lead time, sets record date for annual meeting
Board amended Section 1.7 (Voting) of bylaws to remove requirement that record date be at least 50 days before meeting.
AmeriServ settles with activist Driver; repurchases 628K shares, pays $1.76M
Repurchases 628,003 shares at $2.38/share ($1.49M total) from Driver Partners.
AmeriServ enters cooperation agreement with 7.7% shareholder SB Value Partners
SB Value Partners owns 1,319,019 shares (approx. 7.7% of ASRV).
AmeriServ declares $0.03 quarterly dividend; payable May 20, record May 6
Quarterly cash dividend of $0.03 per share declared; annualized yield 4.67% based on $2.57 close on April 17.
AmeriServ Financial Q1 2024 net income $1.9M ($0.11 EPS), up 25.7% YoY
Net income $1.904M, diluted EPS $0.11, vs $1.515M ($0.09) in Q1 2023, a 25.7% increase.
Full-year 2023 net loss of $3.3M ($0.20 EPS) vs record net income of $7.4M ($0.43 EPS) in 2022.
AmeriServ sets Aug 20, 2024 annual meeting; shareholder proposals due Feb 26 and Mar 4
2024 annual meeting scheduled for August 20, 2024, more than 30 days after 2023 anniversary.
AmeriServ CEO denies Driver's 'illegal misconduct' claims; highlights Q4 loan growth 3.6%
Federal judge dismissed Driver's lawsuit related to director nominations; Company's Bylaws upheld.
AmeriServ Q4 net loss $5.3M ($0.31); provision $6M on Rite Aid; FY loss $3.3M
Q4 net loss $5.321M ($0.31 per diluted share) vs Q4 2022 net income $947K ($0.06).
AmeriServ expects Q4 2023 net loss of ~$5.4M; launches earnings improvement program
Expected net loss of ~$5.4M due to $6M provision for credit losses and $922K investment loss.
AmeriServ Financial declares $0.03 quarterly dividend, payable Nov 20
Quarterly cash dividend of $0.03 per share declared, payable Nov 20, 2023 to shareholders of record Nov 6, 2023.
AmeriServ Financial Q3 net income down 69% to $0.04 EPS; activist costs weigh
Net income Q3 2023: $647K ($0.04 EPS) vs $2.1M ($0.12) in Q3 2022, down 69.2%.
AmeriServ responds to activist Driver Management, details costs and board refreshment
Driver Management reduced its stake from 8.6% to 1.6% after failed proxy campaign.
AmeriServ separates President & CEO of trust subsidiary James Huerth; expects $256K severance
James T. Huerth, President & CEO of AmeriServ Trust and Financial Services Company, separated on Aug 28, 2023.
AmeriServ Financial declares $0.03 quarterly dividend, payable Aug 21
Board declares $0.03 per share quarterly common stock cash dividend.
AmeriServ Financial reports Q2 2023 net loss of $187K on activist costs; EPS -$0.01 vs +$0.12 YoY
Net loss $187K ($0.01 diluted EPS) in Q2 2023 vs net income $1.981M ($0.12) in Q2 2022; H1 net income $1.328M ($0.08) down 69.2% YoY.
AmeriServ Financial elects J. Michael Adams Jr. as Chairman, Kim W. Kunkle as Vice Chairman
J. Michael Adams Jr. elected non-executive Chairman of the Board, succeeding Allan R. Dennison after his retirement.
AmeriServ posts investor presentation on website; no specific financial data included
Presentation posted June 1, 2023 under Events & Presentations on investor relations site.
Three Class I directors (Bloomindale, Hickton, Onorato) elected with >6.4M votes each.
AmeriServ Financial declares $0.03 quarterly dividend, 3.83% yield
Quarterly dividend of $0.03 per share declared, payable May 22, 2023 to shareholders of record May 8, 2023.
AmeriServ Financial Q1 net income falls 37% to $1.5M; EPS $0.09
Net income $1.515M ($0.09 diluted EPS) vs $2.418M ($0.14) in Q1 2022, down 37.3%.
AmeriServ files lawsuit to block Driver's director nominations for alleged bylaw violations
Filed suit in Cambria County against Driver Opportunity Partners I LP, J. Abbott R. Cooper, and nominees Rudolph and Simmons.
AmeriServ Financial invalidates Driver's director nominations citing bylaw violations
Company found Driver's Jan 17 nomination notice deficient for failing to disclose $4M+ related-party loans involving nominee Rudolph's father and brother-in-law.
Nominates Richard Bloomingdale (ex-Pa. AFL-CIO president) and David Hickton (cyber law director) alongside incumbent Daniel Onorato.
AmeriServ reports FY2022 EPS up 5% to $0.43; Q4 EPS down 49% to $0.06; declares $0.03 dividend
Full year 2022 net income $7.45M ($0.43 diluted EPS), up 4.9% from $0.41 in 2021.
Activist Driver nominates three directors to AmeriServ board; company responds with letter
Driver Opportunity Partners LP, an 8.1% shareholder, submitted notice to nominate three candidates for 2023 annual meeting.
AmeriServ declares $0.03 quarterly dividend, 3.13% yield, payable Nov 21
Board declared $0.03 per share quarterly cash dividend; payable Nov 21, 2022 to holders of record Nov 7, 2022.
On August 28, 2023, James T. Huerth, President and CEO of AmeriServ Trust and Financial Services Company, a wholly owned subsidiary of AmeriServ Financial, Inc. (the “Company”), was separated from employment with the Company and its affiliates.
On May 6, 2022, the Board of Directors of AmeriServ Financial, Inc. (the " Company " ) appointed Amy Bradley as a Class III Director of the Company to serve until the 2025 annual meeting of shareholders of the Company.
Max materiality 0.85 · Median 0.60 · Most common event earnings