Filing Flows › Ameriserv Financial (ASRV) › Q1 2025
Ameriserv Financial (ASRV) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Ameriserv Financial (ASRV) reported revenue of $14.1M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +0.4% from the quarter before. Operating margin was 17.0%, net earnings $1.9M (13.6% of revenue).
Ameriserv Financial, Q1 2025: revenue $14.1M (+3% year over year), operating margin 17.0%, net earnings $1.9M, operating cash flow $599K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.1M | +0.4% | +3% |
| Operating profit | $2.4M | +122% | 0% |
| Net earnings | $1.9M | +115% | +0.2% |
| Operating cash flow | $599K | -82% | — |
What changed
Revenue was $14.1M in Q1 2025, up 3% year over year and roughly flat from the previous quarter. Wealth management fees was the largest line at 20% of revenue. Other declined 34%.
Operating profit was $2.4M, a 17.0% margin (down 0.5 points year over year). Operating profit fell $1K even though revenue rose $358K versus a year earlier, so costs grew faster than sales. Total costs grew 3% against revenue growth of 3%. Net earnings were $1.9M, roughly flat year over year. The effective tax rate was 20.0%.
Operating cash flow was $599K, 31% of net earnings. Working capital and other items used $1.3M.
Questions
What was Ameriserv Financial's revenue in the first quarter 2025?
Ameriserv Financial (ASRV) reported revenue of $14.1M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +0.4% from the quarter before.
Was Ameriserv Financial profitable in the first quarter 2025?
Operating profit was $2.4M (17.0% of revenue) and net earnings $1.9M.