AmeriServ Financial Inc

NASDAQ ASRV

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AmeriServ Financial Inc Operating Expense Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 10.42%

AmeriServ Financial Inc Operating Expense Ratio 2 year CAGR is 10.42% for the Trailing 12 Months (TTM) ending March 31, 2024, a 326.61% change year over year. The operating expense ratio represents the proportion of a company's operating expenses to its revenue. It is calculated by dividing the operating expenses by the revenue. This ratio provides insights into the efficiency of a company's cost structure and its ability to control operating expenses relative to its revenue generation. A lower ratio indicates higher operational efficiency and cost management, while a higher ratio suggests higher operating expenses relative to revenue. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • AmeriServ Financial Inc Operating Expense Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 64.18%, a -10.59% change year over year.
  • AmeriServ Financial Inc Operating Expense Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 71.78%, a 1.80% change year over year.
  • AmeriServ Financial Inc Operating Expense Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 70.51%, a 20.59% change year over year.
  • AmeriServ Financial Inc Operating Expense Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 58.47%, a 5.85% change year over year.
NASDAQ: ASRV

AmeriServ Financial Inc

CEO Mr. Jeffrey A. Stopko CPA
IPO Date March 27, 1990
Location United States
Headquarters 216 Franklin Street, Johnstown, PA, United States, 15901
Employees 304
Sector Financial Services
Industry Banks - regional
Description

AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products in the United States. The company offers retail banking services, including 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. It 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 savings accounts, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers. In addition, the company offers wealth management, including personal trust products and services comprising personal portfolio investment management, estate planning and administration, custodial services, and pre-need trusts; institutional trust products and services comprising 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts; financial services consisting of the sale of mutual funds, annuities, and insurance products; and union collective investment funds to invest union pension dollars in construction projects that utilize union labor. AmeriServ Financial, Inc. was founded in 1983 and is headquartered in Johnstown, Pennsylvania.

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StockViz Staff

September 19, 2024

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