AmeriServ Financial (ASRV) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

AmeriServ Financial Revenue Highlights

Latest Revenue (Y)

$77.25M

Latest Revenue (Q)

$20.91M

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
2024-09-30	$20.91M	0.14%
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 $20.91M in revenue during Q3 2024, up 0.14% compared to the previous quarter, and up 161.20% 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	-	-
Service charges on deposit accounts	$1.16M	$1.11M	$965.00K	-
Other	$2.06M	$2.01M	$2.02M	-
Wealth management fees.	-	-	$11.99M	-
Deposit Account	-	-	-	$903.00K
Asset Management1	-	-	-	$10.21M
Financial Service Other	-	-	-	$1.71M

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	Sep 24	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
Financial Service, Other	$525.00K	$520.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset Management	$3.05M	$3.06M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposit Account	$304.00K	$293.00K	$260.00K	$224.00K	$201.00K	$235.00K	$206.00K	-	-	-	-	-	-	-	-	-	-	-	-	-
Other	-	-	$499.00K	$1.07M	$516.00K	$481.00K	$488.00K	$538.00K	$511.00K	$472.00K	$507.00K	-	-	-	-	-	-	-	-	-
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	-	-	$3.27M	$5.74M	$2.79M	$2.74M	$2.67M	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth management fees.	-	-	-	-	-	-	-	$2.81M	$2.98M	$3.17M	$2.96M	-	-	-	-	-	-	-	-	-
Financial Service Other	-	-	-	-	-	-	-	-	-	-	-	$548.00K	$520.00K	$441.00K	$437.00K	$485.00K	-	-	-	-
Asset Management1	-	-	-	-	-	-	-	-	-	-	-	$3.14M	$3.02M	$2.87M	$2.58M	$2.60M	-	-	-	-
Investment Or Parent	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-1.63M	$-1.43M	$-1.34M	$-1.26M
Wealth Management	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.48M	$2.57M	$2.46M	-
Community Banking	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.38M	$11.45M	-	-
Retail Banking	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$7.06M	$6.86M
Commercial Banking	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.67M	$4.68M
WEALTH MANAGEMENT	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.44M

AmeriServ Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Asset Management (78.63%), Financial Service, Other (13.53%), and Deposit Account (7.84%).

AmeriServ Financial Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BSRR	Sierra Bancorp	$208.02M	$52.59M
NECB	Northeast Community Bancorp	$135.86M	$41.50M
BCAL	Southern California Bancorp	$126.90M	$55.75M
FNWB	First Northwest Bancorp	$104.92M	$28.21M
BAFN	BayFirst Financial	$102.55M	$30.30M
FFNW	First Financial Northwest	$80.93M	$20.09M
ASRV	AmeriServ Financial	$77.25M	$20.91M
CWBC	Community West Bancshares	$61.39M	$27.26M
AFBI	Affinity Bancshares	$45.17M	$12.87M
FVCB	FVCBankcorp	$42.14M	$30.05M

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 Q3 2024 was $20.91M, a 0.14% increase from the previous quarter (Q2 2024), and a 60.18% increase year-over-year (Q3 2023). The company'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). ASRV'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).

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, Service charges on deposit accounts, and Other. Wealth management fees generated $11.27M in revenue, accounting 77.73% of the company's total revenue, down -3.05% 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. Other generated $2.06M in revenue, accounting 14.24% of the company's total revenue, up 2.74% 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.