AmeriServ Financial (ASRV) Revenue & Revenue Breakdown
AmeriServ Financial Revenue Highlights
Latest Revenue (Y)
$77.25M
Latest Revenue (Q)
$20.88M
Main Segment (Y)
Wealth management fees
AmeriServ Financial Revenue by Period
AmeriServ Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $77.25M | 842.41% |
| 2022-12-31 | $8.20M | -85.58% |
| 2021-12-31 | $56.84M | 7.98% |
| 2020-12-31 | $52.64M | 4.83% |
| 2019-12-31 | $50.22M | 1.00% |
| 2018-12-31 | $49.72M | -0.97% |
| 2017-12-31 | $50.21M | 2.94% |
| 2016-12-31 | $48.77M | -3.67% |
| 2015-12-31 | $50.63M | 4.67% |
| 2014-12-31 | $48.37M | -0.49% |
| 2013-12-31 | $48.60M | 3.09% |
| 2012-12-31 | $47.15M | 2.82% |
| 2011-12-31 | $45.85M | -0.99% |
| 2010-12-31 | $46.31M | -0.11% |
| 2009-12-31 | $46.36M | 1.80% |
| 2008-12-31 | $45.54M | 16.98% |
| 2007-12-31 | $38.93M | 4.32% |
| 2006-12-31 | $37.32M | 8.74% |
| 2005-12-31 | $34.32M | -8.42% |
| 2004-12-31 | $37.48M | -9.85% |
| 2003-12-31 | $41.57M | -11.65% |
| 2002-12-31 | $47.05M | 1.69% |
| 2001-12-31 | $46.27M | -14.42% |
| 2000-12-31 | $54.07M | -39.99% |
| 1999-12-31 | $90.10M | 1.35% |
| 1998-12-31 | $88.90M | 2.07% |
| 1997-12-31 | $87.10M | 9.15% |
| 1996-12-31 | $79.80M | 9.92% |
| 1995-12-31 | $72.60M | 13.44% |
| 1994-12-31 | $64.00M | 7.20% |
| 1993-12-31 | $59.70M | - |
AmeriServ Financial generated $77.25M in revenue during NA 2023, up 842.41% compared to the previous quarter, and up 155.37% compared to the same period a year ago.
AmeriServ Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $20.88M | -1.37% |
| 2024-03-31 | $21.17M | 13.02% |
| 2023-12-31 | $18.73M | 43.49% |
| 2023-09-30 | $13.05M | 0.64% |
| 2023-06-30 | $12.97M | -13.69% |
| 2023-03-31 | $15.03M | 7.07% |
| 2022-12-31 | $14.04M | -5.51% |
| 2022-09-30 | $14.86M | 4.16% |
| 2022-06-30 | $14.26M | 1.13% |
| 2022-03-31 | $14.10M | -3.61% |
| 2021-12-31 | $14.63M | 7.24% |
| 2021-09-30 | $13.64M | -4.37% |
| 2021-06-30 | $14.27M | -0.28% |
| 2021-03-31 | $14.31M | 4.24% |
| 2020-12-31 | $13.72M | 4.80% |
| 2020-09-30 | $13.10M | -1.10% |
| 2020-06-30 | $13.24M | 5.22% |
| 2020-03-31 | $12.58M | 1.67% |
| 2019-12-31 | $12.38M | -3.76% |
| 2019-09-30 | $12.86M | 1.11% |
| 2019-06-30 | $12.72M | 3.72% |
| 2019-03-31 | $12.26M | 1.33% |
| 2018-12-31 | $12.10M | -4.68% |
| 2018-09-30 | $12.70M | 1.24% |
| 2018-06-30 | $12.54M | 1.26% |
| 2018-03-31 | $12.38M | -2.52% |
| 2017-12-31 | $12.70M | 1.09% |
| 2017-09-30 | $12.57M | -0.70% |
| 2017-06-30 | $12.65M | 3.02% |
| 2017-03-31 | $12.28M | -0.80% |
| 2016-12-31 | $12.38M | 1.77% |
| 2016-09-30 | $12.17M | -0.50% |
| 2016-06-30 | $12.23M | 1.94% |
| 2016-03-31 | $11.99M | -3.58% |
| 2015-12-31 | $12.44M | -4.67% |
| 2015-09-30 | $13.05M | 4.47% |
| 2015-06-30 | $12.49M | -1.22% |
| 2015-03-31 | $12.65M | 2.88% |
| 2014-12-31 | $12.29M | 2.47% |
| 2014-09-30 | $12.00M | -0.22% |
| 2014-06-30 | $12.02M | -0.29% |
| 2014-03-31 | $12.06M | -3.27% |
| 2013-12-31 | $12.46M | 2.29% |
| 2013-09-30 | $12.19M | 0.74% |
| 2013-06-30 | $12.10M | 2.01% |
| 2013-03-31 | $11.86M | -0.93% |
| 2012-12-31 | $11.97M | 1.51% |
| 2012-09-30 | $11.79M | 1.18% |
| 2012-06-30 | $11.65M | -0.66% |
| 2012-03-31 | $11.73M | 1.15% |
| 2011-12-31 | $11.60M | -0.37% |
| 2011-09-30 | $11.64M | 0.88% |
| 2011-06-30 | $11.54M | 4.24% |
| 2011-03-31 | $11.07M | -5.83% |
| 2010-12-31 | $11.76M | 1.91% |
| 2010-09-30 | $11.54M | -0.52% |
| 2010-06-30 | $11.60M | 1.53% |
| 2010-03-31 | $11.42M | -1.70% |
| 2009-12-31 | $11.62M | 2.11% |
| 2009-09-30 | $11.38M | -2.43% |
| 2009-06-30 | $11.66M | -0.34% |
| 2009-03-31 | $11.70M | 0.35% |
| 2008-12-31 | $11.66M | 6.03% |
| 2008-09-30 | $11.00M | -10.65% |
| 2008-06-30 | $12.31M | 16.42% |
| 2008-03-31 | $10.57M | 4.76% |
| 2007-12-31 | $10.09M | - |
AmeriServ Financial generated $20.88M in revenue during Q2 2024, up -1.37% compared to the previous quarter, and up 138.94% compared to the same period a year ago.
AmeriServ Financial Revenue Breakdown
AmeriServ Financial Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Wealth management fees | $11.27M | $11.62M | - | - |
| Other | $2.06M | $2.01M | $2.02M | - |
| Service charges on deposit accounts | $1.16M | $1.11M | $965.00K | - |
| Wealth management fees. | - | - | $11.99M | - |
| Asset Management1 | - | - | - | $10.21M |
| Financial Service Other | - | - | - | $1.71M |
| Deposit Account | - | - | - | $903.00K |
AmeriServ Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Wealth management fees (77.73%), Other (14.24%), and Service charges on deposit accounts (8.02%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Management | $3.06M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deposit Account | $293.00K | $260.00K | $224.00K | $201.00K | $235.00K | $206.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Financial Service, Other | $520.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other | - | $499.00K | $1.07M | $516.00K | $481.00K | $488.00K | $538.00K | $511.00K | $472.00K | $507.00K | - | - | - | - | - | - | - | - | - | - |
| Wealth management fees | - | $3.27M | $5.74M | $2.79M | $2.74M | $2.67M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service charges on deposit accounts | - | $293.00K | $617.00K | $280.00K | $266.00K | $284.00K | $289.00K | $263.00K | $272.00K | $280.00K | - | - | - | - | - | - | - | - | - | - |
| Wealth management fees. | - | - | - | - | - | - | $2.81M | $2.98M | $3.17M | $2.96M | - | - | - | - | - | - | - | - | - | - |
| Asset Management1 | - | - | - | - | - | - | - | - | - | - | $3.14M | $3.02M | $2.87M | $2.58M | $2.60M | - | - | - | - | - |
| Financial Service Other | - | - | - | - | - | - | - | - | - | - | $548.00K | $520.00K | $441.00K | $437.00K | $485.00K | - | - | - | - | - |
| Investment Or Parent | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.63M | $-1.43M | $-1.34M | $-1.26M | $-1.25M |
| Community Banking | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.38M | $11.45M | - | - | - |
| Wealth Management | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.48M | $2.57M | $2.46M | - | - |
| Commercial Banking | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.67M | $4.68M | $4.42M |
| Retail Banking | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.06M | $6.86M | $6.67M |
| WEALTH MANAGEMENT | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.44M | $2.42M |
AmeriServ Financial's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Asset Management (79.00%), Financial Service, Other (13.43%), and Deposit Account (7.57%).
AmeriServ Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BSRR | Sierra Bancorp | $208.02M | $51.13M |
| NECB | Northeast Community Bancorp | $135.86M | $40.96M |
| BCAL | Southern California Bancorp | $126.90M | $33.04M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| BAFN | BayFirst Financial | $102.55M | $28.88M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| ASRV | AmeriServ Financial | $77.25M | $20.88M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| AFBI | Affinity Bancshares | $45.17M | $12.93M |
| FVCB | FVCBankcorp | $42.14M | $28.84M |
ASRV Revenue FAQ
What is AmeriServ Financial’s yearly revenue?
AmeriServ Financial's yearly revenue for 2023 was $77.25M, representing an increase of 842.41% compared to 2022. The company's yearly revenue for 2022 was $8.2M, representing a decrease of -85.58% compared to 2021. ASRV's yearly revenue for 2021 was $56.84M, representing an increase of 7.98% compared to 2020.
What is AmeriServ Financial’s quarterly revenue?
AmeriServ Financial's quarterly revenue for Q2 2024 was $20.88M, a -1.37% decrease from the previous quarter (Q1 2024), and a 60.98% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $21.17M, a 13.02% increase from the previous quarter (Q4 2023), and a 40.87% increase year-over-year (Q1 2023). ASRV's quarterly revenue for Q4 2023 was $18.73M, a 43.49% increase from the previous quarter (Q3 2023), and a 33.46% increase year-over-year (Q4 2022).
What is AmeriServ Financial’s revenue growth rate?
AmeriServ Financial's revenue growth rate for the last 3 years (2021-2023) was 35.90%, and for the last 5 years (2019-2023) was 53.84%.
What are AmeriServ Financial’s revenue streams?
AmeriServ Financial's revenue streams in c 23 are Wealth management fees, Other, and Service charges on deposit accounts. Wealth management fees generated $11.27M in revenue, accounting 77.73% of the company's total revenue, down -3.05% year-over-year. Other generated $2.06M in revenue, accounting 14.24% of the company's total revenue, up 2.74% year-over-year. Service charges on deposit accounts generated $1.16M in revenue, accounting 8.02% of the company's total revenue, up 4.96% year-over-year.
What is AmeriServ Financial’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of AmeriServ Financial was Wealth management fees. This segment made a revenue of $11.27M, representing 77.73% of the company's total revenue.