Previous close | 2.6300 |
Open | 2.6300 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 2.6300 - 2.7600 |
52-week range | 2.2500 - 3.4000 |
Volume | |
Avg. volume | 19,690 |
Market cap | 47.327M |
Beta (5Y monthly) | 0.69 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.2000 |
Earnings date | 16 Jul 2024 - 22 Jul 2024 |
Forward dividend & yield | 0.12 (4.55%) |
Ex-dividend date | 03 May 2024 |
1y target est | N/A |
JOHNSTOWN, Pa., April 22, 2024--AmeriServ Financial, Inc. (NASDAQ: ASRV) ("AmeriServ" or the "Company") today announced that it has reached a cooperation agreement ("Cooperation Agreement") with SB Value Partners, L.P. ("SBV"), which owns approximately 7.7% of the Company’s outstanding common stock, par value $0.01 per share (the "Common Stock").
AmeriServ Financial, Inc. (NASDAQ: ASRV) announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable May 20, 2024 to shareholders of record on May 6, 2024. This cash dividend represents a 4.67% annualized yield using the April 17, 2024 closing common stock price of $2.57. For the first quarter of 2024, the Company's dividend payout ratio amounted to 27.3%.
AmeriServ Financial, Inc. (NASDAQ: ASRV) today reported first quarter 2024 net income of $1,904,000, or $0.11 per diluted common share. This earnings performance represented a $389,000, or 25.7%, increase over the first quarter of 2023 when net income totaled $1,515,000, or $0.09 per diluted common share. The following table details the Company's financial performance for the quarters ended March 31, 2024 and 2023: