AmeriServ Financial Inc

AmeriServ Financial reported second-quarter 2026 net income of 16 cents per share, reversing a net loss of 2 cents per share a year earlier. Net income reached $2.7 million compared with a net loss of $0.3 million in the prior-year quarter, driven by stronger revenue and improved credit quality. Net interest income rose 9.1% year over year, while non-interest income increased 11.5%, supported by higher wealth management fees and bank-owned life insurance revenues. Net interest margin expanded 24 basis points to 3.34%, and the company recorded a $0.3 million recovery in credit loss provisions versus a $3.1 million provision last year. The board declared a quarterly dividend of 3 cents per share, payable on August 17, 2026.