Ames National Corporation ATLO R2KFINANCIAL
Company Overview
Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union Counties in central, north-central, and south-central Iowa. It accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. The company also provides loans, such as short-term and medium-term commercial, multi-family and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; consumer loans to finance consumer purchases, such as automobiles, trucks, recreational vehicles, household furnishings, boats, personal loans, and lines of credit; agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market. In addition, it offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit, and automated/video teller machine access services; and automatic drafts for various accounts, as well as wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online, mobile, and private banking services. Ames National Corporation was founded in 1903 and is headquartered in Ames, Iowa.
Why Investors Should Care
Trades at a P/E of 12.5, below the sector median of 14.5.
Maintains a net profit margin of 31.9%.
Carries low leverage with a debt-to-equity ratio of 0.10.
Offers a dividend yield of 3.06%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $66.83M (+21.9% YoY); net profit $19.03M.
- Trailing 12 Months Year-on-year growth — revenue +18.0%, earnings +32.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 2.0%, profit CAGR 5.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 2.03% |
| 1 Year: | 18.00% |
Compounded Profit Growth
| 5 Years: | 5.11% |
| 1 Year: | 32.10% |
Stock Price Performance
| 1 Year: | +74.04% |
| 6 Months: | +23.74% |
| 3 Months: | +9.66% |
| 1 Month: | +4.01% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)68.34 · Neutral
P/E of 12.53 is below the sector median of 14.52 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 31.9%.
- Attractive dividend yield of 3.06%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ATLO Ames National Corporation R2KFINANCIAL | 32.44 | 12.53 | $287.33M | 3.06% | - | 11.31% | 2.03% | 5.11% |
| 2 | JPM JPMorgan Chase & Co. SPXR3KFINANCIAL | 358.64 | 15.37 | $953.34B | 1.68% | - | 17.79% | 12.50% | 14.83% |
| 3 | BRK-B Berkshire Hathaway Inc. SPXFINANCIAL | 506.03 | 15.07 | $707.59B | 0.00% | - | 10.50% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPXR3KFINANCIAL | 374.00 | 31.86 | $637.34B | 0.72% | 37.15% | 61.19% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPXR3KFINANCIAL | 579.21 | 31.82 | $503.60B | 0.60% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPXR3KFINANCIAL | 62.68 | 14.48 | $438.31B | 2.03% | - | 11.20% | 3.14% | 4.27% |
| 7 | BRK-A Berkshire Hathaway Inc. FINANCIAL | 759,350.00 | 15.07 | $384.00B | 0.00% | - | 10.50% | 7.60% | 10.02% |
| 8 | HSBC HSBC Holdings plc FINANCIAL | 107.11 | 15.30 | $367.34B | 3.62% | - | 13.10% | 9.75% | 12.72% |
| 9 | MS Morgan Stanley SPXR3KFINANCIAL | 217.72 | 17.59 | $342.26B | 2.15% | - | 17.97% | 3.76% | 9.66% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15.46M | 16.11M | 16.58M | 18.68M | 18.22M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.20M | 8.02M | 7.80M | 7.41M | 6.79M | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.24M | 5.64M | 5.71M | 8.28M | 7.69M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 794.00K | 1.12M | 1.16M | 1.76M | 1.73M | - |
| Net Income | 3.14M | 3.63M | 3.37M | 4.10M | 3.92M | 3.81M | 4.10M | 3.80M | 4.03M | 3.61M | 3.47M | 3.93M | 2.69M | 4.04M | 4.32M | 4.46M | 4.24M | 4.62M | 4.04M | 3.56M | 4.43M | 5.67M | 6.02M | 5.88M | 6.71M | 5.14M | 4.19M | 5.54M | 3.20M | 2.56M | 2.92M | 2.30M | 2.18M | 2.22M | 3.44M | 4.51M | 4.56M | 6.51M | 5.96M | 5.93M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.39 | 0.51 | 0.51 | 0.73 | 0.67 | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 62.93M | 53.84M | 54.81M | 66.83M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.31M | 29.68M | 37.63M | 31.43M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | 25.16M | 12.89M | 12.24M | 23.87M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.87M | 2.07M | 2.02M | 4.84M |
| Net Income | 9.01M | 12.97M | 13.92M | 14.18M | 13.95M | 15.25M | 15.01M | 15.73M | 13.70M | 17.01M | 17.19M | 18.85M | - | 19.29M | 10.82M | 10.22M | 19.03M |
| Diluted EPS | 0.95 | 1.37 | 1.48 | - | - | - | - | - | - | - | - | - | - | 2.14 | 1.20 | 1.14 | 2.14 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 962.97M | 1.04B | 1.22B | 1.23B | 1.30B | 1.33B | 1.37B | 1.38B | 1.46B | 1.74B | 1.98B | - | 2.13B | 2.16B | 2.13B | 2.13B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash & Equivalents | - | - | - | 22.83M | 34.81M | 24.27M | 23.73M | 24.01M | 29.48M | 26.40M | 30.38M | 34.62M | 173.10M | - | 42.55M | 64.00M | 107.39M | 132.43M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.28M | 12.95M | 13.86M | 14.07M |
| Total Liabilities | - | - | 841.61M | 901.01M | 1.07B | 1.09B | 1.15B | 1.17B | 1.20B | 1.20B | 1.28B | 1.55B | 1.77B | - | 1.99B | 1.99B | 1.96B | 1.93B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Long Term Debt | - | - | 20.00M | 20.00M | 20.00M | 20.00M | 23.00M | 13.00M | 13.00M | 13.00M | - | - | - | - | 39.12M | 110.59M | 46.95M | 21.35M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39.12M | 110.59M | 46.95M | 21.35M |
| Total Equity | 103.84M | 112.34M | 121.36M | 134.56M | 144.74M | 142.11M | 154.67M | 161.25M | 165.11M | 170.75M | 172.87M | 187.58M | 209.49M | - | 149.10M | 165.79M | 174.71M | 207.89M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.99M | 8.99M | 8.95M | 8.86M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 11.40M | 16.82M | 21.27M | 22.01M | 23.53M | 19.51M | 22.62M | 21.42M | 18.85M | 20.71M | 20.18M | 29.71M | - | 21.23M | 19.21M | 14.30M | 21.34M |
| Investing Cash Flow | -63.25M | -54.31M | -65.27M | -76.96M | -47.92M | 16.18M | -34.38M | -43.47M | -16.90M | 8.64M | -78.96M | -184.26M | - | -127.38M | 19.06M | 71.98M | 44.21M |
| Financing Cash Flow | 45.95M | 34.16M | 51.35M | 66.92M | 13.86M | -36.23M | 12.03M | 27.52M | -5.03M | -25.35M | 63.01M | 205.83M | - | 44.91M | -11.05M | -40.15M | -40.02M |
| Capital Expenditure | 203.00K | -362.51K | -554.10K | -863.38K | -445.79K | -1.59M | -2.20M | -267.76K | -518.15K | -616.54K | -780.44K | -1.25M | - | -2.86M | -4.89M | -298.00K | -642.00K |
| Free Cash Flow | 11.60M | 16.46M | 20.72M | 21.15M | 23.08M | 17.92M | 20.43M | 21.15M | 18.33M | 20.09M | 19.40M | 28.46M | - | 18.37M | 14.31M | 14.00M | 20.70M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | -61.24M | 27.22M | 46.13M | 25.53M |
| Share Buybacks | 0 | 0 | 2.02M | 0 | 0 | - | - | - | - | 452.22K | 1.81M | 1.99M | 710.00K | 2.30M | 0 | 704.00K | 1.68M |
| Dividends Paid | -5.47M | 4.06M | 4.70M | 5.40M | 5.87M | 6.52M | 7.26M | 7.73M | 8.10M | 10.80M | 8.78M | 9.07M | 9.39M | 9.68M | 9.71M | 9.08M | 7.11M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.7% | 20.1% | 18.6% | 28.5% |
| ROE % | 8.0% | 10.7% | 10.3% | 9.8% | 9.8% | 9.9% | 9.3% | 9.5% | 8.0% | 9.8% | 9.2% | 9.0% | - | 12.9% | 6.5% | 5.8% | 9.2% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 7.71% | 683.15K | $21.59M |
| 2 | Vanguard Capital Management LLC | 4.38% | 387.61K | $12.25M |
| 3 | Dimensional Fund Advisors LP | 3.38% | 299.30K | $9.46M |
| 4 | Geode Capital Management, LLC | 2.52% | 223.41K | $7.06M |
| 5 | State Street Corporation | 2.31% | 204.85K | $6.47M |
| 6 | American Century Companies Inc | 1.56% | 137.96K | $4.36M |
| 7 | Arrowstreet Capital, Limited Partnership | 1.53% | 135.90K | $4.29M |
| 8 | Qube Research & Technologies Ltd | 0.96% | 85.23K | $2.69M |
| 9 | Marshall Wace LLP | 0.94% | 83.62K | $2.64M |
| 10 | Elizabeth Park Capital Advisors, Ltd. | 0.91% | 80.48K | $2.54M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ATLO
Ames National (ATLO) director adds 180 shares in open-market buy - Stock Titan
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Ames National (ATLO) Stock Highlights Stronger Net Interest Margin Challenging Long‑Term Earnings Concerns - simplywall.st
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Ames National Corp Acquires New Holdings in Ames National Corporation $ATLO - marketbeat.com
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ATLO — Frequently Asked Questions
What is the current share price of Ames National Corporation (ATLO)?
As of 2026-09-07 16:24 PDT, Ames National Corporation (ATLO) trades at $32.44 on NasdaqCM. Its 52-week range is $18.25 to $32.44.
What is the market capitalisation of ATLO?
Ames National Corporation (ATLO) has a market capitalisation of $287.33M on NasdaqCM.
What is the P/E ratio of ATLO?
ATLO trades at a trailing price-to-earnings (P/E) ratio of 12.53. The industry average P/E is 14.52. Its price-to-book (P/B) ratio is 1.30.
Does ATLO pay a dividend?
Ames National Corporation (ATLO) currently offers a dividend yield of 3.06%.
What is the return on equity (ROE) of ATLO?
ATLO has a return on equity (ROE) of 11.31%.
Is ATLO a good stock to buy?
This page provides a data-driven analysis of Ames National Corporation (ATLO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.