EX-99.1 2 asrv-20251021xex99d1.htm EX-99.1 Exhibit 99.1 AMERISERV FINANCIAL REPORTS INCREASED EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2025 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND JOHNSTOWN, PA - AmeriServ Financial, Inc. (NASDAQ: ASRV) reported third quarter 2025 net income of $2,544,000, or $0.15 per diluted common share. This earnings performance represented a $1,361,000, or 115.0%, improvement from the third quarter of 2024 when net income totaled $1,183,000, or $0.07 per diluted common share. For the nine-month period ended September 30, 2025, the Company reported net income of $4,170,000, or $0.25 per diluted common share. This represented a 56.3% increase in earnings per share from the nine-month period of 2024 when net income totaled $2,712,000, or $0.16 per diluted common share. The following table details the Company’s financial performance for the three- and nine-month periods ended September 30, 2025 and 2024: Third Quarter Third Quarter Nine Months Ended September 30, 2025 Nine Months Ended September 30, 2024 2025 2024 ──────────…
Open exhibit ↗Current Report · Items 2.02, 8.01, 9.01 · 8-K
AmeriServ Financial Inc.
ASRVNASDAQEQUITYCurrent
Results of Operations and Financial Condition · Other Events
Item 2.02 Results of operation and financial condition. AMERISERV FINANCIAL, Inc. (the "Registrant") announced third quarter and first nine months of 2025 results through September 30, 2025. For a more detailed description of the announcement see the press release attached as Exhibit 99.1.
Company context
AmeriServ Financial Inc. is the parent of AmeriServ Financial Bank, located in Johnstown, PA. The community bank provides full-service banking and wealth management services through 16 community offices in southwestern Pennsylvania and Hagerstown, Maryland. The company also operates loan production offices in Altoona and Monroeville, PA. At September 30, 2025, AmeriServ had total assets of $1.5 billion and a book value of $6.94 per common share. Its’ Wealth Management Division administers customer assets totaling $2.7 billion.