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ASRV vs FUSB // EV/EBITDA & P/E VALUATION

AmeriServ Financial Inc. (NASDAQ) VS. First US Bancshares Inc. (NASDAQ) • 15-METRIC TALLY: ASRV 3 — FUSB 3
■ METRIC PARITY
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ASRV VS. FUSB) EMERALD CELL = QUANTITATIVE EDGE
INSTITUTIONAL METRIC ASRV FUSB SPREAD (A - B) ADVANTAGE DEDICATED URL
Gross Profit Margin — — — TIE /gross-margins <GO>
Return on Invested Capital (ROIC) 4.70% 5.70% -1.00 FUSB /roic <GO>
EV/EBITDA & P/E Valuation ACTIVE — — — TIE /valuation <GO>
Free Cash Flow Yield 3.81% 9.94% -6.13 FUSB /fcf-yield <GO>
Operating Margin — — — TIE /operating-margins <GO>
Net Profit Margin 38.30% — — TIE /net-margins <GO>
Revenue Growth (YoY) -6.30% — — TIE /revenue-growth <GO>
Dividend Yield & FCF Payout Safety 2.37% 1.76% +0.61 ASRV /dividend-safety <GO>
Altman Z-Score & Debt/Equity — — — TIE /balance-sheet <GO>
Piotroski F-Score Quality 4/9 4/9 0.00 TIE /piotroski-score <GO>
Options Implied Move & Put/Call Skew — — — TIE /options-implied-move <GO>
RSI-14 & 200D SMA Momentum 59.0 50.5 +8.46 ASRV /rsi-technicals <GO>
10Y Yield & FRED Macro Beta — — — TIE /macro-sensitivity <GO>
Forward P/E Multiple 13.9x 14.2x -0.30 ASRV /forward-pe <GO>
Enterprise Scale & Market Cap $83.7M $91.4M -$7.7M FUSB /market-cap <GO>
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
FISCAL YEAR ASRV REV FUSB REV ASRV GROSS % FUSB GROSS % ASRV FCF FUSB FCF
FY 2025 $14.6M $0 — — $3.2M $9.1M
FY 2024 $15.6M $0 — — $2.7M $5.7M
FY 2023 $14.5M $0 — — $6.3M $13.1M
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ASRV // BETA —
FUSB // BETA —