Ameriserv Financial Inc

ameriserv.com

What Do They Do?

Manages trusts and investment portfolios and provides banking and lending services to individuals and organizations, including businesses and government customers.

How Do They Make Money?

Wealth-management clients pay asset-based trust and portfolio fees monthly or quarterly, usually by account charge after month-end; the division also earns commissions when customers trade or buy investment and insurance products. Deposit-account fees may be monthly or tied to a specific transaction, while other income includes annual rentals and transaction charges.

revenue

Segment	Share	Revenue
Wealth management fees	79% FY2022: 79%
Service charges on deposit accounts	7.8% FY2022: 7.5%
Other	13% FY2022: 14%

Who Are Their Customers?

The bank serves retail customers and commercial, industrial, financial, and governmental customers through its branches and loan offices. Its wealth division serves personal trust and investment clients, institutions, and employee-benefit plans.

Do Revenues Turn Into Profits?

Yes. It kept 38 cents of every revenue dollar as net income in FY2025.

Net income, FY2025

38% of revenue

▲ +56% vs FY2024 ($3.6M, 23%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +7%; vs $3.6M in Q2 FY2025
Net income: ▲ Now profitable; vs −$282K in Q2 FY2025

Wealth management fees share of revenue vs 77.3% in Q2 FY2025

May 27, 2026 CFO Michael Lynch retired; CEO Jeffrey Stopko assumed CFO duties The company assigned the former CFO’s risk and investment duties to other executives, while the CEO took on the CFO role.

Flat. Revenue was $14.6M in FY2025, about the same as the $15M of FY2021.

Revenue over time

Wealth management fees Service charges on deposit accounts Other

$20M$10M$0

FY2021 FY2022 FY2023 FY2024 FY2025

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