AmeriServ Historical Income Statement
| ASRV Stock | USD 2.74 0.24 9.60% |
Historical analysis of AmeriServ Financial income statement accounts such as Interest Expense of 23.6 M, Other Operating Expenses of 85.7 M or Operating Income of 65.2 M can show how well AmeriServ Financial performed in making a profits. Evaluating AmeriServ Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AmeriServ Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AmeriServ Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AmeriServ Financial is a good buy for the upcoming year.
AmeriServ |
About AmeriServ Income Statement Analysis
AmeriServ Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AmeriServ Financial shareholders. The income statement also shows AmeriServ investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
AmeriServ Financial Income Statement Chart
AmeriServ Financial Income Statement is one of the three primary financial statements used for reporting AmeriServ's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AmeriServ Financial revenue and expense. AmeriServ Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AmeriServ Financial's Depreciation And Amortization is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 85.7 M in 2024, whereas EBIT is likely to drop 0.00 in 2024. Add Fundamental
Operating Income
Operating Income is the amount of profit realized from AmeriServ Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of AmeriServ Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Revenue
Total revenue comprises all receipts AmeriServ Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from AmeriServ Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AmeriServ Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AmeriServ Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.At this time, AmeriServ Financial's Depreciation And Amortization is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 85.7 M in 2024, whereas EBIT is likely to drop 0.00 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 56.8M | 8.2M | 77.2M | 41.5M | Total Revenue | 56.8M | 8.2M | 77.2M | 41.5M |
AmeriServ Financial income statement Correlations
Click cells to compare fundamentals
AmeriServ Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AmeriServ Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.9M | 2.0M | 2.0M | 2.1M | 2.1M | 2.6M | |
| Interest Expense | 14.3M | 10.5M | 7.6M | 8.5M | 24.8M | 23.6M | |
| Other Operating Expenses | 42.6M | (46.8M) | (48.1M) | 3.2M | 81.6M | 85.7M | |
| Operating Income | 7.6M | 5.8M | 8.8M | 17.7M | 62.0M | 65.2M | |
| Ebit | 21.0M | 7.6M | 5.8M | 8.8M | 17.7M | 0.0 | |
| Ebitda | 9.5M | 7.8M | 10.8M | 19.8M | 2.1M | 2.0M | |
| Total Operating Expenses | (42.6M) | (46.8M) | (48.1M) | 3.2M | 16.2M | 11.7M | |
| Income Before Tax | 7.6M | 5.8M | 8.8M | 9.2M | (4.4M) | (4.2M) | |
| Total Other Income Expense Net | 7.6M | 5.8M | 8.8M | (8.5M) | (4.4M) | (4.6M) | |
| Net Income | 6.0M | 4.6M | 7.1M | 7.4M | (3.3M) | (3.2M) | |
| Income Tax Expense | 1.6M | 1.2M | 1.7M | 1.8M | (1.0M) | (989.9K) | |
| Selling General Administrative | 25.5M | 27.9M | 28.5M | 29.0M | 30.3M | 26.1M | |
| Total Revenue | 50.2M | 52.6M | 56.8M | 8.2M | 77.2M | 41.5M | |
| Gross Profit | 50.2M | 52.6M | 56.8M | 8.2M | 77.2M | 41.5M | |
| Net Income Applicable To Common Shares | 6.0M | 4.6M | 7.1M | 7.4M | 8.6M | 4.4M | |
| Net Income From Continuing Ops | 6.0M | 4.6M | 7.1M | 7.4M | (3.3M) | (3.2M) | |
| Tax Provision | 1.6M | 1.2M | 1.7M | 1.8M | (1.0M) | (989.9K) | |
| Net Interest Income | 35.4M | 36.4M | 39.1M | 40.6M | 36.0M | 40.1M | |
| Interest Income | 49.8M | 46.9M | 46.7M | 49.1M | 60.9M | 52.4M | |
| Reconciled Depreciation | 1.9M | 2.0M | 2.0M | 2.1M | 2.1M | 2.1M |
Pair Trading with AmeriServ Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AmeriServ Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AmeriServ Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AmeriServ Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AmeriServ Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AmeriServ Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AmeriServ Financial to buy it.
The correlation of AmeriServ Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AmeriServ Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AmeriServ Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AmeriServ Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AmeriServ Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for AmeriServ Stock analysis
When running AmeriServ Financial's price analysis, check to measure AmeriServ Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AmeriServ Financial is operating at the current time. Most of AmeriServ Financial's value examination focuses on studying past and present price action to predict the probability of AmeriServ Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AmeriServ Financial's price. Additionally, you may evaluate how the addition of AmeriServ Financial to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |
Is AmeriServ Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AmeriServ Financial. If investors know AmeriServ will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AmeriServ Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.244 | Dividend Share 0.12 | Earnings Share (0.20) | Revenue Per Share 2.647 | Quarterly Revenue Growth 0.029 |
The market value of AmeriServ Financial is measured differently than its book value, which is the value of AmeriServ that is recorded on the company's balance sheet. Investors also form their own opinion of AmeriServ Financial's value that differs from its market value or its book value, called intrinsic value, which is AmeriServ Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AmeriServ Financial's market value can be influenced by many factors that don't directly affect AmeriServ Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AmeriServ Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if AmeriServ Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AmeriServ Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.