Ames National logo

Ames National(NASDAQ) ATLO

Market Cap$281.04MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1997)+1,239%
5 Year+72%
1 Year+63%
1 Month+2%
Premium Feature
Moneyball Superscore
60/100
$31.73
+1.12%
+0.35Today
Ames National last closing stock price
MetricPriceDate
Last closeUSD 31.732026-10-01
Ames National stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.25%USD 31.812026-09-24
1 month+1.6%USD 31.232026-09-01
3 month+8.28%USD 29.302026-07-02
Year to date+41.66%USD 22.402025-12-31
1 year+63.31%USD 19.432025-10-01
3 year+118.66%USD 14.512023-10-02
5 year+72.32%USD 18.412021-10-01
Since inception+1,239.37%USD 2.341997-08-11

Ames National Financials at a Glance

Market Cap

$281.04MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$101.45M

Net Income (TTM)

$22.96M

EPS (TTM)

$2.59

P/E Ratio

12.25

Dividend

$0.92

Beta (Volatility)

0.37 (Low)

Price

$31.73

Volume

18,535.788

Open

$31.05

Previous Close

$31.73

Daily Range

$31.05 - $31.91

52-Week Range

$19.56 - $32.86

Estimated Earnings Date

Oct 16, 2026

ATLO News

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Ames National Grows Income in Q2

Motley Fool Markets TeamJul 21, 2025

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About Ames National

Ames National Corporation helps people in Iowa manage their money. Its banks provide loans for homes, farms, and businesses. They also offer safe accounts for savings and daily spending.

Services for Local Communities

  • Loans: Provides short-term and long-term financing for commercial, agricultural, and residential real estate needs.
  • Deposit Accounts: Offers checking, savings, money market accounts, and certificates of deposit for local residents.
  • Wealth Management: Delivers financial planning, trust management, and investment brokerage services through specific bank locations.
  • Cash Management: Supports businesses with merchant credit card processing, wire transfers, and electronic deposit services.

Recent Strategic Steps

  • Operated six bank subsidiaries across central and north-central Iowa.
  • Invested $600,000 in consultant fees for contract negotiations during the six-month period ended June 30, 2026.
  • Grew wealth management income through increased assets under management and higher estate fees.

What Makes the Company Different

Ames National uses local management to make fast decisions on loans and services. This strategy helps the company offer competitive rates while maintaining high profitability.

The Financial Scorecard

  • Net income reached $5.9 million for the three months ended June 30, 2026.
  • Interest income was $23.4 million for the three months ended June 30, 2026, up 8.4% year over year.
  • Total assets were $2.12 billion as of June 30, 2026.
  • The efficiency ratio was 58.52% for the second quarter of 2026 compared to 64.34% for the second quarter of 2025.

Bottom Line

Ames National has evolved from a basic holding company into a diversified regional banking network. Its focus on local decision-making and wealth management supports its position in the Iowa financial market.

AI Generated • Aug 8, 2026

Industry

Banks

Sector

Financials

Employees

232

CEO

John Patrick Nelson

Website

www.amesnational.com

Headquarters

Ames, IA 50010, US

ATLO Financials

Key Financial Metrics (TTM)

Gross Margin

71.04%

Operating Margin

28.32%

Net Income Margin

22.64%

Return on Equity

11.08%

Return on Capital

8.66%

Return on Assets

1.08%

Earnings Yield

8.16%

Dividend Yield

2.90%

Payout Ratio

33.97%

Stock Overview

Market Cap

$281.04MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

8.86M

Volume

18.54K

Avg. Volume

34.76K

Financials (TTM)

Gross Profit

$72.08M

Operating Income

$28.73M

EBITDA

$29.79M

Operating Cash Flow

$22.01M

Capital Expenditure

-$368.00K

Free Cash Flow

$21.64M

Cash & ST Invst.

$807.68M

Total Debt

$47.35M

Ames National Performance Analysis

Ames National annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 71,240,0000.3%
20232023-12-31USD 83,516,00017.2%
20242024-12-31USD 92,444,00010.7%
20252025-12-31USD 98,263,0006.3%
Ames National sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-301.1%
Q42025-12-317.0%
Q12026-03-31-4.2%
Q22026-06-303.9%
Ames National annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 2.14-18.6%
20232023-12-31USD 1.20-43.7%
20242024-12-31USD 1.14-5.5%
20252025-12-31USD 2.1488.2%
Ames National sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30N/A
Q42025-12-3143.1%
Q12026-03-31-8.2%
Q22026-06-30N/A

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$25.98M

+7.7%

Gross Profit

$18.88M

+18.0%

Gross Margin

72.66%

N/A

Market Cap

$281.04MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.08M

N/A

Employees

261

N/A

Net Income

$5.93M

+31.5%

EBITDA

$7.71M

+27.7%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$807.68M

+8.1%

Total Debt

$47.35M

-33.0%

Accounts Receivable

$12.91M

+6.1%

Inventory

$0.00

N/A

Long Term Debt

$0.00

-100.0%

Short Term Debt

$47.35M

+18.2%

Return on Assets

1.08%

N/A

Return on Invested Capital

13.02%

N/A

Free Cash Flow

$3.16M

-18.9%

Operating Cash Flow

$3.44M

-14.4%

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Questions About ATLO

What is the current price of Ames National?

Ames National is trading at $31.73 per share.

What is the 52-week range for Ames National?

Over the past 52 weeks, Ames National has traded between $19.56 and $32.86.

How much debt does Ames National have?

As of the most recent reporting period, Ames National reported total debt of $47.35M.

How much cash does Ames National have on hand?

Ames National does not have cash on hand data available.

What is Ames National’s dividend yield?

Ames National currently has a dividend yield of 2.90%.

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