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Ameriserv Financial Inc  (ASRV)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial


Ameriserv Financial Inc's Gross Profit Margin by quarter

Trends, Rankings, Statistics



ASRV Gross Profit Margin (Sep 30 2023)
III. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Revenue Change -15.64 % -2.23 % 20.19 % 13.49 % 22.8 %
Seq. Revenue Change -7.1 % -17.13 % 16.43 % -5.88 % 7.67 %
Revenue In Millions $12.87 $13.85 $16.71 $14.36 $15.25
Gross Profit Margin 96.04 % 89.04 % - 94.08 % 51.04 %
Gross Profit Margin Total Ranking # 903 # # 1261 # 34 # 1136
Gross Profit In Millions $12.36 $12.33 $38.01 $13.51 $7.79
Y / Y Gross Profit Change 58.72 % 79.06 % - 232.88 % 68.65 %
Seq. Gross Profit Change 0.19 % -67.55 % - 73.47 % 13.04 %


Commenting Third Quarter 2023 Gross Profit Margin
Despite the sequential Revenue deterioration in III. Quarter of -7.1 % Ameriserv Financial Inc managed to reduce Cost of Sales and increase Gross Profit by 0.19 % to $12 millions. Gross Profit Margin grew to 96.04 %, above company average Gross Profit Margin.

Observing third quarter 2023 results within Commercial Banks industry 24 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin overall ranking has deteriorated compare to previous quarter from to 903.
Learn about Gross Margin
ASRV's Gross Profit Margin third quarter 2023 Company Ranking
Within: No.
Commercial Banks Industry # 25
Financial Sector # 328
Overall # 899

Gross Profit Margin Statistics
High Average Low
227.4 % 62.34 % 32.07 %
(Dec 31 2022)   (Dec 31 2020)




Other Gross Profit Margin Profitability Ratios
ASRV's Cumulative Gross Profit Margin
Commercial Banks Industry Gross Profit Margin Trends and Statistics
Financial Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
ASRV's Gross Profit Margin Profitability versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for ASRV's Competitors
Gross Profit Margin Profit Margin for Ameriserv Financial Inc's Suppliers
Gross Profit Margin Profit Margin for ASRV's Customers

You may also want to know
ASRV's Annual Growth Rates ASRV's Profitability Ratios ASRV's Asset Turnover Ratio ASRV's Dividend Growth
ASRV's Roe ASRV's Valuation Ratios ASRV's Financial Strength Ratios ASRV's Gross Profit Growth
ASRV's Roa ASRV's Inventory Turnover Ratio ASRV's Growth Rates ASRV's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Sep 30 2023, within Commercial Banks Industry Gross Profit MarginSep 30 2023 MRQ Gross ProfitSep 30 2023 MRQ Revenue
Wells Fargo and Company  106.09 %$ 20,857.000 $ 19,660.000 
Jpmorgan Chase and Co  103.60 %$ 39,874.000 $ 38,490.000 
Southern First Bancshares Inc   100.92 %$ 22.802 $ 22.595 
National Bankshares Inc  100.56 %$ 11.218 $ 11.156 
American National Bankshares Inc   100.07 %$ 25.993 $ 25.975 
First Financial Ban corp   98.83 %$ 198.065 $ 200.410 
Virginia National Bankshares Corp  98.63 %$ 13.628 $ 13.817 
Alerus Financial Corporation  98.58 %$ 48.110 $ 48.802 
Citigroup inc  98.39 %$ 19,815.000 $ 20,139.000 
Pnc Financial Services Group Inc  98.22 %$ 5,140.000 $ 5,233.000 
Bank Of America Corporation  98.01 %$ 24,666.000 $ 25,167.000 
National Bank Holdings Corp  97.96 %$ 103.855 $ 106.017 
First United Corporation  97.41 %$ 18.136 $ 18.619 
First Merchants Corporation  97.26 %$ 154.856 $ 159.225 
Bok Financial Corp  97.16 %$ 478.090 $ 492.048 
Lcnb Corp   97.07 %$ 16.758 $ 17.263 
Stellar Bancorp Inc   97.07 %$ 105.909 $ 109.101 
Bancfirst Corporation  97.03 %$ 142.099 $ 146.445 
Sandy Spring Bancorp Inc   96.91 %$ 97.013 $ 100.107 
Hawthorn Bancshares Inc   96.90 %$ 15.158 $ 15.643 
Umb Financial Corp  96.69 %$ 339.019 $ 350.627 
Financial Institutions Inc   96.66 %$ 49.487 $ 51.197 
Meridian Corp  96.31 %$ 24.298 $ 25.228 
Consumers Bancorp Inc  96.04 %$ 8.828 $ 9.192 
Ameriserv Financial Inc  96.04 %$ 12.356 $ 12.866 
Evans Bancorp Inc   95.58 %$ 18.452 $ 19.306 
Fulton Financial Corp  95.44 %$ 248.016 $ 259.866 
Dime Community Bancshares Inc  95.30 %$ 78.716 $ 82.601 
Fidelity D and D Bancorp Inc  94.73 %$ 17.728 $ 18.714 
Wilson Bank Holding Co  93.69 %$ 37.850 $ 40.401 




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