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AmeriServ Financial Reports Earnings For The Fourth Quarter And Full Year Of 2020 And Announces Quarterly Common Stock Cash Dividend


AmeriServ Financial Reports Earnings For The Fourth Quarter And Full Year Of 2020 And Announces Quarterly Common Stock Cash Dividend
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JOHNSTOWN, Pa., Jan. 26, 2021 /PRNewswire/  AmeriServ Financial, Inc. (NASDAQ: ASRV) reported fourth quarter 2020 net income of $692,000, or $0.04 per diluted common share.  This earnings performance represents a $23,000, or 3.4%, increase from the fourth quarter of 2019 when net income totaled $669,000, or $0.04 per diluted common share.  For the year ended December 31, 2020, the Company reported net income of $4,598,000, or $0.27 per diluted common share.  This represents a 22.9% decrease in earnings per share from the full year of 2019 when net income totaled $6,028,000, or $0.35 per diluted common share.  The following table highlights the Company s financial performance for both the three and twelve month periods ended December 31, 2020 and 2019: ....

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