AmeriServ Financial, Inc.

AmeriServ Financial, Inc.verified

ASRV

Price:

$2.71

Market Cap:

$44.77M

AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; and safe deposit boxes, holiday club accounts, and money orders. The company also provides lending, depository, and related financial services, such as 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 savi...[Read more]

Industry

Banks - Regional

IPO Date

1985-01-30

Stock Exchange

NASDAQ

Ticker

ASRV

The Current Ratio as of September 2024 (TTM) for AmeriServ Financial, Inc. (ASRV) is 0.12

According to AmeriServ Financial, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.12. This represents a change of -9.63% compared to the average of 0.14 of the last 4 quarters.

AmeriServ Financial, Inc. (ASRV) Historical Current Ratio (quarterly & annually)

How has ASRV Current Ratio performed in the past?

The mean historical Current Ratio of AmeriServ Financial, Inc. over the last ten years is 1.52. The current 0.12 Current Ratio has changed 706.48% with respect to the historical average. Over the past ten years (40 quarters), ASRV's Current Ratio was at its highest in in the June 2022 quarter at 2.73. The Current Ratio was at its lowest in in the December 2023 quarter at 0.02.

Quarterly (TTM)
Annual

Average

1.52

Median

0.16

Minimum

0.02

Maximum

7.47

AmeriServ Financial, Inc. (ASRV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of AmeriServ Financial, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 8.68%

Maximum Annual Current Ratio = 7.47

Minimum Annual Increase = -94.74%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.02-92.26%
20220.26-94.74%
20214.88142.30%
20202.02-73.02%
20197.478.68%
20180.0915.85%
20170.07-69.95%
20160.24289.59%
20150.06-22.03%
20140.0814.93%

AmeriServ Financial, Inc. (ASRV) Average Current Ratio

How has ASRV Current Ratio performed in the past?

The current Current Ratio of AmeriServ Financial, Inc. (ASRV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.72

5-year avg

2.93

10-year avg

1.52

AmeriServ Financial, Inc. (ASRV) Current Ratio vs. Peers

How is ASRV’s Current Ratio compared to its peers?

AmeriServ Financial, Inc.’s Current Ratio is greater than 1ST SUMMIT BANCORP of Johnstown, Inc. (0.04), greater than Potomac Bancshares, Inc. (0), greater than Apollo Bancorp, Inc. (0.10), greater than Century Financial Corporation (0), less than The Farmers Bank of Appomattox (152.97), less than Affinity Bancshares, Inc. (0.33), greater than First Financial Northwest, Inc. (0.05), less than Northeast Community Bancorp, Inc. (0.45), greater than BayFirst Financial Corp. (0.08), less than Southern California Bancorp (0.16), less than FVCBankcorp, Inc. (0.48), greater than Community West Bancshares (0.05), greater than Sierra Bancorp (0.11), greater than First Northwest Bancorp (0.06), less than AIB Group plc (0), less than Andover Bancorp, Inc. (0.39), greater than Banco del Bajío, S.A., Institución de Banca Múltiple (0.08), less than Aozora Bank, Ltd. (0.64), less than null (3.53),

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