Quarterly ResultMay 14, 2026, 03:08 PM
AmeriServ Financial Q1 Net Income $1.79M, EPS $0.11
AI Summary
AmeriServ Financial reported a net income of $1.79 million for Q1 2026, a decrease of 5.97% from $1.91 million in Q1 2025. Basic and diluted earnings per share were $0.11, down from $0.12 in the prior year. Net interest income increased by 9.03% to $10.83 million, while total non-interest income decreased by 3.74% and total non-interest expense rose by 5.06%. The company also declared a cash dividend of $0.03 per share.
Key Highlights
- Net income decreased 5.97% to $1.79 million for Q1 2026.
- Basic and diluted EPS were $0.11, down from $0.12 year-over-year.
- Net interest income increased 9.03% to $10.83 million.
- Total interest income rose 2.82% to $17.50 million.
- Total interest expense decreased 5.88% to $6.67 million.
- Total non-interest income fell 3.74% to $3.97 million.
- Total non-interest expense increased 5.06% to $12.36 million.
- Declared a cash dividend of $0.03 per common share.