AMERISERV FINANCIAL Files 8-K on Operations & Financial Condition
Ticker: ASRV · Form: 8-K · Filed: Jan 23, 2024 · CIK: 707605
| Field | Detail |
|---|---|
| Company | Ameriserv Financial Inc /Pa/ (ASRV) |
| Form Type | 8-K |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.03 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**ASRV just dropped an 8-K on its financials, get ready for the numbers.**
AI Summary
AMERISERV FINANCIAL, Inc. filed an 8-K on January 23, 2024, to report on its 'Results of Operations and Financial Condition' and 'Other Events.' This filing indicates that the company is providing an update on its financial performance, likely for the period ending December 31, 2023, given its fiscal year end. For investors, this matters because it provides crucial, timely information about the company's financial health and operational performance, which can influence stock price and future investment decisions.
Why It Matters
This filing signals that AMERISERV FINANCIAL is updating the market on its recent financial performance, which is essential for investors to assess the company's health and make informed decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and other events, which is standard for public companies and does not inherently indicate high risk.
Analyst Insight
Investors should look for the actual financial results that will follow this 8-K to understand the company's performance and potential impact on its stock price.
Key Numbers
- January 23, 2024 — Date of Report (Indicates when the earliest event reported in the filing occurred.)
- 000-11204 — Commission File Number (Unique identifier for AMERISERV FINANCIAL, Inc. with the SEC.)
- ASRV — Trading Symbol (The ticker symbol for AMERISERV FINANCIAL, Inc. Common Stock on NASDAQ.)
Key Players & Entities
- AMERISERV FINANCIAL, Inc. (company) — registrant filing the 8-K
- NASDAQ Stock Market LLC (company) — exchange where ASRV Common Stock is registered
- January 23, 2024 (date) — date of earliest event reported and filing date
- 0-11204 (dollar_amount) — Commission File Number
- 25-1424278 (dollar_amount) — IRS Employer Identification No.
- 814-533-5300 (dollar_amount) — Registrant's telephone number
Forward-Looking Statements
- AMERISERV FINANCIAL, Inc. will release its full Q4 and full-year 2023 earnings report shortly after this 8-K. (AMERISERV FINANCIAL, Inc.) — high confidence, target: 2024-02-15
FAQ
What is the primary purpose of this 8-K filing by AMERISERV FINANCIAL, Inc.?
The primary purpose of this 8-K filing, dated January 23, 2024, is to report on 'Results of Operations and Financial Condition' and 'Other Events' as per Item 2.02 and Item 8.01 of Form 8-K.
On which stock exchange is AMERISERV FINANCIAL, Inc.'s Common Stock registered?
AMERISERV FINANCIAL, Inc.'s Common Stock (trading symbol ASRV) is registered on The NASDAQ Stock Market LLC, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' section of the filing.
What is the business address and phone number of AMERISERV FINANCIAL, Inc. as listed in the filing?
The business address of AMERISERV FINANCIAL, Inc. is Main and Franklin Streets, Johnstown, PA 15901, and its telephone number is 814-533-5300, according to the filing's cover page.
What is the fiscal year end for AMERISERV FINANCIAL, Inc.?
The fiscal year end for AMERISERV FINANCIAL, Inc. is December 31, as indicated in the 'FILER: COMPANY DATA' section of the filing.
Does this 8-K filing indicate that AMERISERV FINANCIAL, Inc. is an emerging growth company?
The filing includes a checkbox section for 'emerging growth company' status, but it is not checked, implying that AMERISERV FINANCIAL, Inc. does not identify as an emerging growth company as defined by the Securities Exchange Act of 1934.
Filing Stats: 486 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-01-23 09:29:52
Key Financial Figures
- $0.03 — that its Board of Directors declared a $0.03 per share quarterly common stock cash d
Filing Documents
- tmb-20240123x8k.htm (8-K) — 33KB
- tmb-20240123xex99d1.htm (EX-99.1) — 1313KB
- 0001558370-24-000427.txt ( ) — 1618KB
- tmb-20240123.xsd (EX-101.SCH) — 4KB
- tmb-20240123_def.xml (EX-101.DEF) — 3KB
- tmb-20240123_lab.xml (EX-101.LAB) — 1KB
- tmb-20240123_pre.xml (EX-101.PRE) — 10KB
- tmb-20240123x8k_htm.xml (XML) — 5KB
02 Results of operation and financial condition
Item 2.02 Results of operation and financial condition. AMERISERV FINANCIAL, Inc. (the "Registrant") announced fourth quarter and full year 2023 results through December 31, 2023. For a more detailed description of the announcement see the press release attached as Exhibit 99.1.
01 Other events
Item 8.01 Other events. On January 23, 2024, the Registrant issued a press release announcing that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. The cash dividend is payable February 20, 2024 to shareholders of record on February 5, 2024. The press release, attached hereto as Exhibit 99.1, is incorporated herein.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: 99.1 Press release dated January 23, 2024, announcing fourth quarter and full year 2023 earnings through December 31, 2023 and quarterly common stock cash dividend. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERISERV FINANCIAL, Inc. Date: January 23, 2024 By /s/Michael D. Lynch Michael D. Lynch EVP & CFO