AmeriServ Financial FY26 Q2 net income returns to profit at $2.74 million; net interest income rises 9.1% to $11.34 million - ASRV News | RalliesAmeriServ Financial FY26 Q2 net income returns to profit at $2.74 million; net interest income rises 9.1% to $11.34 million
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ASRV• Credit losses and first-half performance
- Provision for credit losses shifted to a $294,000 recovery from a $3.1 million provision a year earlier.
- First-half net income climbed to $4.53 million; management said it is positioned for organic growth on strong liquidity and capital.
Quarterly results improve on higher net interest income
- AmeriServ Financial posted Q2 net income of $2.74 million, swinging from a net loss of $282,000 a year earlier; diluted EPS was $0.16.
- Net interest income rose 9.1% to $11.34 million as net interest margin widened 24 basis points to 3.34%.
- Total interest expense fell 7.3% to $6.76 million; total deposit cost improved 15 basis points to 1.92%.
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