Ames National Corporation (ATLO)
| Market Cap | 163.87M |
| Revenue (ttm) | 55.04M |
| Net Income (ttm) | 11.36M |
| Shares Out | 8.92M |
| EPS (ttm) | 1.27 |
| PE Ratio | 14.52 |
| Forward PE | n/a |
| Dividend | $0.80 (4.35%) |
| Ex-Dividend Date | May 30, 2025 |
| Volume | 10,516 |
| Open | 18.46 |
| Previous Close | 18.28 |
| Day's Range | 18.46 - 18.46 |
| 52-Week Range | 15.69 - 22.03 |
| Beta | 0.47 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 8, 2025 |
About ATLO
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. The company accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial, multi-family and agricultural real estate, residential real estat... [Read more]
Financial Performance
In 2024, Ames National's revenue was $53.46 million, an increase of 2.24% compared to the previous year's $52.28 million. Earnings were $10.22 million, a decrease of -5.54%.
Financial StatementsNews
Ames National: Market's Overreaction To Dividend Cut Creates Opportunity (Rating Upgrade)
Ames National's stock price has plunged over the last six months, mostly due to a dividend cut. There is hope for an earnings revival because the fast-moving deposit costs will likely fall while the s...
Ames National: Reliable Income Stream From A Small Community Bank
ATLO provides a reliable dividend income stream with capital preservation characteristics, making it an ideal holding for retirees and income-oriented investors. Short-term capital fluctuations result...
Ames National Corporation Announces Earnings for the Fourth Quarter of 2022
AMES, Iowa, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the fourth quarter of 2022 of $4.4 million, or $0.49 per share, comp...
Ames National: High Dividend Yield, Positive Earnings Outlook For Next Year
High agriculture commodity prices and strength in Iowa's job market will likely sustain loan growth through the end of 2023. Higher interest rates will have a lagged impact on the net interest margin.
5 Stocks Insiders Have Boosted Over the Past 2 Months
According to the Insider Cluster Buys Screen, a Premium feature of GuruFocus, five stocks with a high GF Score and high insider buys over the past two months include Ames National Corp. ( ATLO , Finan...
Ames National: Running A Conservative Balance Sheet, But Watch The Book Value
Ames National is a consistently strong performer. A very substantial portion of its assets are invested in securities and the higher market interest rates should boost the interest income.
Ames National Bank: On Its Way To A 4.5% Dividend Yield With A Sub-40% Payout Ratio
Ames National is a small regional bank in Iowa, with a balance sheet total of just over $2B. The loan book remains strong despite the heavy exposure in real estate loans. Less than 0.4% of the loans a...
Ames National Corp.: Upside Due To Potential Interest Rate Hikes By End Of 2023
As of June 30, 2021, Ames National Corporation's deposits rose to $1.83 billion from $1.64 billion on June 30, 2020.
5 Stocks With High Insider Cluster Buys During July
According to the Insider Cluster Buys Screen, a Premium feature of Gurus, five stocks with high number of unique insider buys during the past month include German American Bancorp Inc. ( GABC , Financ...
Ames National: A Local Bank In Iowa Flying Under The Radar
Ames National is trading at 1.2X tangible book value and about 10 times its normalized earnings. The bank was able to take back some of its 2020 loan loss provisions.