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AmeriServ FinancialASRV +1.30%55 Return-on-Tangible-Equity is 10.12% as of Jun. 2026, which is 88% above its 10-year median of 5.38. GuruFocus rates ASRV with a GF Score™ of 55/100 and a GF Value™ of $3.30 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,517 Banks companies, AmeriServ Financial ranks worse than 68.82% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. AmeriServ Financial's annualized net income for the quarter that ended in Jun. 2026 was $10.95 Mil. AmeriServ Financial's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $108.23 Mil. Therefore, AmeriServ Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 10.12%.
The historical rank and industry rank for AmeriServ Financial's Return-on-Tangible-Equity or its related term are showing as below:
ASRV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.7 Med: 5.38 Max: 9.18
Current: 8.19
During the past 13 years, AmeriServ Financial's highest Return-on-Tangible-Equity was 9.18%. The lowest was -3.70%. And the median was 5.38%.
ASRV's Return-on-Tangible-Equity is ranked worse than 68.82% of 1517
companies
in the Banks industry
Industry Median: 11.48
vs ASRV: 8.19
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
AmeriServ Financial Return-on-Tangible-Equity Related Terms
AmeriServ Financial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AmeriServ Financial's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASRV vs PBKX, FBSI, CYFL: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, AmeriServ Financial's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AmeriServ Financial Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, AmeriServ Financial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AmeriServ Financial's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.12% mean?
AmeriServ Financial (ASRV) has a Return-on-Tangible-Equity of 10.12% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AmeriServ Financial and its competitors. This is 88% above median its historical median of 5.38. According to the industry distribution chart, AmeriServ Financial ranks #1044 out of 1517 companies in the Banks industry, placing it in the top 68.8%.
Is AmeriServ Financial's Return-on-Tangible-Equity too high?
AmeriServ Financial's current Return-on-Tangible-Equity of 10.12% is 88% above median its 10-year median of 5.38. The Banks industry median Return-on-Tangible-Equity is 11.48. AmeriServ Financial's value of 10.12% is 11.8% below this industry median. Based on the distribution chart, AmeriServ Financial ranks #1044 out of 1517 companies in the Banks industry, which is below the industry midpoint. Overall, AmeriServ Financial has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AmeriServ Financial's Return-on-Tangible-Equity compare to PBKX and FBSI?
According to the Banks industry distribution chart, AmeriServ Financial ranks #1044 out of 1517 companies for Return-on-Tangible-Equity. This places AmeriServ Financial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.48. AmeriServ Financial's value of 10.12% is 11.8% below this benchmark. While the company's 10-year median is 5.38 vs. the industry median of 11.48, AmeriServ Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.48, based on 1,517 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AmeriServ Financial's current Return-on-Tangible-Equity of 10.12% is 11.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AmeriServ Financial and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AmeriServ Financial's current Return-on-Tangible-Equity is 10.12%, which is 88% above median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmeriServ Financial stock overvalued right now?
Based on GuruFocus' analysis, AmeriServ Financial (ASRV) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.30, compared to a current price of $5.04 — trading 52.7% above its estimated fair value. The current Return-on-Tangible-Equity is 10.12%, which is 88% above median its 10-year median of 5.38 and 11.8% below the Banks industry median of 11.48. AmeriServ Financial's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For AmeriServ Financial (ASRV), the current Return-on-Tangible-Equity is 10.12% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AmeriServ Financial (ASRV) Overvalued in 2026?
Based on GuruFocus' analysis, AmeriServ Financial stock appears to be overvalued.
The current stock price of $5.04 is trading 52.7% above its estimated GF Value™ of $3.30.
GuruFocus considers AmeriServ Financial to be Significantly Overvalued.
Key valuation signals for ASRV:
Return-on-Tangible-Equity: 10.12% (88% above median its 10-year median of 5.38)
GF Value™: $3.30 vs. price of $5.04 (52.7% above fair value)
Industry Position: 11.8% below the Banks median (#1044 of 1517)
No single metric tells the full story. See the ASRV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AmeriServ Financial Inc is a bank holding company. The company and its subsidiaries derive substantially all of their income from banking, bank-related services, and trust-related services. Its operating segment includes community banking and it generates maximum revenue. The community banking segment includes both retail and commercial banking activities. The company also offers retail banking which includes the deposit-gathering branch franchise and lending to both individuals and small businesses; Lending activities include residential mortgage loans, direct consumer loans, and small business commercial loans; Commercial banking to businesses includes commercial loans, business services, and CRE loans.
55GF Score
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