AmeriServ Financial Inc (ASRV) - Net Assets
Based on the latest financial reports, AmeriServ Financial Inc (ASRV) has net assets worth $115.24 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.45 Billion) and total liabilities ($1.34 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check AmeriServ Financial Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $115.24 Million |
| % of Total Assets | 7.92% |
| Annual Growth Rate | 1.89% |
| 5-Year Change | -1.12% |
| 10-Year Change | 20.8% |
| Growth Volatility | 12.4 |
AmeriServ Financial Inc - Net Assets Trend (1989–2025)
This chart illustrates how AmeriServ Financial Inc's net assets have evolved over time, based on quarterly financial data. Also explore AmeriServ Financial Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for AmeriServ Financial Inc (1989–2025)
The table below shows the annual net assets of AmeriServ Financial Inc from 1989 to 2025. For live valuation and market cap data, see AmeriServ Financial Inc (ASRV) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $115.24 Million | +7.45% |
| 2024-12-31 | $107.25 Million | +4.86% |
| 2023-12-31 | $102.28 Million | -3.67% |
| 2022-12-31 | $106.18 Million | -8.90% |
| 2021-12-31 | $116.55 Million | +11.64% |
| 2020-12-31 | $104.40 Million | +5.87% |
| 2019-12-31 | $98.61 Million | +0.65% |
| 2018-12-31 | $97.98 Million | +3.02% |
| 2017-12-31 | $95.10 Million | -0.31% |
| 2016-12-31 | $95.39 Million | -19.82% |
| 2015-12-31 | $118.97 Million | +3.99% |
| 2014-12-31 | $114.41 Million | +0.97% |
| 2013-12-31 | $113.31 Million | +2.57% |
| 2012-12-31 | $110.47 Million | -1.68% |
| 2011-12-31 | $112.35 Million | +4.94% |
| 2010-12-31 | $107.06 Million | -0.18% |
| 2009-12-31 | $107.25 Million | -5.30% |
| 2008-12-31 | $113.25 Million | +25.43% |
| 2007-12-31 | $90.29 Million | +6.62% |
| 2006-12-31 | $84.68 Million | +0.25% |
| 2005-12-31 | $84.47 Million | -0.87% |
| 2004-12-31 | $85.22 Million | +14.74% |
| 2003-12-31 | $74.27 Million | -4.48% |
| 2002-12-31 | $77.76 Million | -2.18% |
| 2001-12-31 | $79.49 Million | +1.38% |
| 2000-12-31 | $78.41 Million | -30.38% |
| 1999-12-31 | $112.62 Million | -20.52% |
| 1998-12-31 | $141.70 Million | -10.43% |
| 1997-12-31 | $158.20 Million | +4.15% |
| 1996-12-31 | $151.90 Million | +0.93% |
| 1995-12-31 | $150.50 Million | +9.77% |
| 1994-12-31 | $137.10 Million | +17.58% |
| 1993-12-31 | $116.60 Million | +40.48% |
| 1992-12-31 | $83.00 Million | +18.57% |
| 1991-12-31 | $70.00 Million | +7.53% |
| 1990-12-31 | $65.10 Million | +10.71% |
| 1989-12-31 | $58.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AmeriServ Financial Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 589.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $64.11 Million | 53.73% |
| Common Stock | $268.00K | 0.22% |
| Other Comprehensive Income | $-7.35 Million | -6.16% |
| Other Components | $62.28 Million | 52.20% |
| Total Equity | $119.31 Million | 100.00% |
AmeriServ Financial Inc Competitors by Market Cap
The table below lists competitors of AmeriServ Financial Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Everbrite Technology Co Ltd
TWO:4523
|
$62.62 Million |
|
Ama Marine Public Company Limited
BK:AMA
|
$62.63 Million |
|
Herige SA
PA:ALHRG
|
$62.64 Million |
|
JAG Bhd
KLSE:0024
|
$62.65 Million |
|
Unick Corporation
KQ:011320
|
$62.59 Million |
|
Chegg Inc
NYSE:CHGG
|
$62.56 Million |
|
Ahn-Gook Pharmaceutical Co. Ltd
KQ:001540
|
$62.54 Million |
|
Scherzer & Co. AG
F:PZS
|
$62.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AmeriServ Financial Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 107,248,000 to 119,312,000, a change of 12,064,000 (11.2%).
- Net income of 5,612,000 contributed positively to equity growth.
- Dividend payments of 1,982,000 reduced retained earnings.
- Other comprehensive income increased equity by 7,734,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.61 Million | +4.7% |
| Dividends Paid | $1.98 Million | -1.66% |
| Other Comprehensive Income | $7.73 Million | +6.48% |
| Other Changes | $700.00K | +0.59% |
| Total Change | $- | 11.25% |
Book Value vs Market Value Analysis
This analysis compares AmeriServ Financial Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.55x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $6.33 | $3.97 | x |
| 1990-12-31 | $6.76 | $3.97 | x |
| 1991-12-31 | $7.38 | $3.97 | x |
| 1992-12-31 | $7.83 | $3.97 | x |
| 1993-12-31 | $8.49 | $3.97 | x |
| 1994-12-31 | $8.86 | $3.97 | x |
| 1995-12-31 | $9.12 | $3.97 | x |
| 1996-12-31 | $9.64 | $3.97 | x |
| 1997-12-31 | $10.36 | $3.97 | x |
| 1998-12-31 | $9.94 | $3.97 | x |
| 1999-12-31 | $8.37 | $3.97 | x |
| 2000-12-31 | $5.86 | $3.97 | x |
| 2001-12-31 | $5.86 | $3.97 | x |
| 2002-12-31 | $5.58 | $3.97 | x |
| 2003-12-31 | $5.33 | $3.97 | x |
| 2004-12-31 | $5.76 | $3.97 | x |
| 2005-12-31 | $4.15 | $3.97 | x |
| 2006-12-31 | $3.82 | $3.97 | x |
| 2007-12-31 | $4.07 | $3.97 | x |
| 2008-12-31 | $5.15 | $3.97 | x |
| 2009-12-31 | $5.07 | $3.97 | x |
| 2010-12-31 | $5.04 | $3.97 | x |
| 2011-12-31 | $5.30 | $3.97 | x |
| 2012-12-31 | $5.59 | $3.97 | x |
| 2013-12-31 | $5.95 | $3.97 | x |
| 2014-12-31 | $6.05 | $3.97 | x |
| 2015-12-31 | $6.28 | $3.97 | x |
| 2016-12-31 | $5.03 | $3.97 | x |
| 2017-12-31 | $5.11 | $3.97 | x |
| 2018-12-31 | $5.43 | $3.97 | x |
| 2019-12-31 | $5.65 | $3.97 | x |
| 2020-12-31 | $6.12 | $3.97 | x |
| 2021-12-31 | $6.81 | $3.97 | x |
| 2022-12-31 | $6.19 | $3.97 | x |
| 2023-12-31 | $5.97 | $3.97 | x |
| 2024-12-31 | $6.38 | $3.97 | x |
| 2025-12-31 | $7.22 | $3.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AmeriServ Financial Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.35%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 12.19x
- Recent ROE (4.70%) is below the historical average (4.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 11.05% | 8.71% | 0.10x | 12.78x | $620.00K |
| 1990 | 11.83% | 10.16% | 0.10x | 11.90x | $1.19 Million |
| 1991 | 10.43% | 10.08% | 0.09x | 11.20x | $300.00K |
| 1992 | 10.72% | 9.77% | 0.08x | 13.73x | $600.00K |
| 1993 | 10.72% | 13.02% | 0.08x | 10.65x | $840.00K |
| 1994 | 8.24% | 10.18% | 0.06x | 13.05x | $-2.41 Million |
| 1995 | 10.50% | 10.81% | 0.08x | 12.53x | $750.00K |
| 1996 | 13.17% | 12.82% | 0.07x | 13.74x | $4.81 Million |
| 1997 | 14.85% | 13.43% | 0.08x | 14.15x | $7.68 Million |
| 1998 | 14.89% | 11.55% | 0.08x | 16.78x | $6.93 Million |
| 1999 | 18.12% | 10.76% | 0.08x | 21.91x | $9.14 Million |
| 2000 | 2.19% | 1.38% | 0.10x | 16.00x | $-6.12 Million |
| 2001 | 2.48% | 1.98% | 0.08x | 15.08x | $-5.97 Million |
| 2002 | -6.63% | -6.01% | 0.07x | 15.12x | $-12.93 Million |
| 2003 | 0.74% | 0.76% | 0.06x | 15.46x | $-6.88 Million |
| 2004 | -11.40% | -15.16% | 0.06x | 11.85x | $-18.24 Million |
| 2005 | -10.82% | -16.30% | 0.06x | 10.42x | $-17.59 Million |
| 2006 | 2.75% | 3.93% | 0.07x | 10.58x | $-6.14 Million |
| 2007 | 3.36% | 4.73% | 0.07x | 10.02x | $-6.00 Million |
| 2008 | 4.86% | 8.58% | 0.07x | 8.54x | $-5.82 Million |
| 2009 | -4.56% | -7.97% | 0.06x | 9.04x | $-15.62 Million |
| 2010 | 1.20% | 2.18% | 0.06x | 8.86x | $-9.42 Million |
| 2011 | 5.82% | 11.77% | 0.06x | 8.71x | $-4.70 Million |
| 2012 | 4.56% | 9.19% | 0.05x | 9.06x | $-6.01 Million |
| 2013 | 4.58% | 9.43% | 0.05x | 9.32x | $-6.14 Million |
| 2014 | 2.64% | 5.52% | 0.05x | 9.52x | $-8.42 Million |
| 2015 | 5.04% | 10.49% | 0.05x | 9.66x | $-5.90 Million |
| 2016 | 2.42% | 4.09% | 0.05x | 12.09x | $-7.23 Million |
| 2017 | 3.46% | 5.58% | 0.05x | 12.28x | $-6.22 Million |
| 2018 | 7.93% | 12.67% | 0.05x | 11.85x | $-2.03 Million |
| 2019 | 6.11% | 9.34% | 0.06x | 11.88x | $-3.83 Million |
| 2020 | 4.40% | 7.28% | 0.05x | 12.26x | $-5.84 Million |
| 2021 | 6.07% | 10.98% | 0.05x | 11.46x | $-4.58 Million |
| 2022 | 7.01% | 11.33% | 0.05x | 12.85x | $-3.17 Million |
| 2023 | -3.27% | -4.33% | 0.06x | 13.59x | $-13.57 Million |
| 2024 | 3.36% | 4.26% | 0.06x | 13.26x | $-7.12 Million |
| 2025 | 4.70% | 6.35% | 0.06x | 12.19x | $-6.32 Million |
Industry Comparison
This section compares AmeriServ Financial Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $606,719,222
- Average return on equity (ROE) among peers: 10.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AmeriServ Financial Inc (ASRV) | $115.24 Million | 11.05% | 11.62x | $62.60 Million |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
About AmeriServ Financial Inc
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, h… Read more