Ames National Corporation ATLO

31.82 0.01 0.03% as of 25 Sep
Market cap
$281.8M
P/E
12.3×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.10
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy 2 3 2 1 1 — 1 3 — 1 3 1
Sell — — — — — — — — — — — —
Insider Ownership 2.00%

Capital & Financial Ratios

Market Cap 281.75
Revenue 101.45
Net Income 22.96
Free Cash Flow 24.38
Net Debt (115.08)
Current Ratio 0.72
Debt/Equity 0.00
P/E ratio 12.33
P/S ratio 2.78
P/B ratio 1.32
Past 5Y EPS Growth (9.40%)
This Y EPS Growth 33.33%
Next Y EPS Growth 3.68%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.62
Annual Dividend Rate 1.08
Annual Dividend Yield 5.90%
total individual payouts
2027 Powerpack
2026 0.96
0.24
0.24
0.24
2025 0.80
0.20
0.20
0.20
0.20
2024 1.01
0.27
0.27
0.27
0.20
2023 1.35
0.27
0.27
0.27
0.27
0.27
2022 1.07
0.26
0.27
0.27
0.27
2021 1.03
0.25
0.26
0.26
0.26
2020 0.99
0.24
0.25
0.25
0.25
2019 0.95
0.23
0.24
0.24
0.24
2018 0.68
0.22
0.25
0.23
0.23
2017 0.87
0.21
0.22
0.22
0.22
2016 0.83
0.20
0.21
0.21
0.21
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 67 111 135 115
Receivables — — — —
Inventory — — — —
Other — — — —
1,358 1,429 1,430 1,380
2023 2024 2025 Q'26
Payables 1,812 1,847 1,855 1,853
ST’ Debt — — — —
Other — — — —
1,987 1,957 1,926 1,910
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 6.69% 5.96% 11.32%
Cash Flow (0.58%) (6.41%) 0.17%
Earnings 2.40% 0.19% (0.46%)
Book Value 2.57% (0.15%) 11.72%

Revenue

Mar Jun Sep Dec Year
’26 25 26 — — —
’25 24 24 24 26 98
’24 22 23 23 24 92
’23 19 21 21 22 84
’22 17 17 18 19 71
’21 18 18 18 17 71
’20 18 18 19 18 74
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 8 3 — — —
’25 7 4 3 7 21
’24 1 4 3 6 14
’23 6 4 2 6 19
’22 7 4 4 6 21
’21 9 8 6 7 30
’20 12 6 3 8 30
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 8 3 — — —
’25 7 4 3 10 24
’24 1 4 3 6 14
’23 5 3 1 5 14
’22 6 3 4 5 18
’21 9 8 6 7 29
’20 14 7 3 8 32
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.67 0.67 — — —
’25 0.39 0.51 0.51 0.73 2.14
’24 0.26 0.24 0.25 0.39 1.14
’23 0.36 0.28 0.33 0.24 1.20
’22 0.57 0.46 0.62 0.49 2.14
’21 0.66 0.64 0.74 0.58 2.62
’20 0.39 0.49 0.62 0.57 2.06
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
22.54 26.60 24.51 24.47 16.53 22.05 20.16 15.01 15.69 16.04

Analyst estimates 2026–2028

Powerpack
Low Price
35.30 37.45 32.15 29.46 28.05 27.90 25.55 25.00 22.41 24.36
High Price
202 207 231 266 132 125 122 273 268 260
Employees
0 0 0 0 1 1 1 0 0 0
Revenue/Emp
52 54 58 65 74 71 71 84 92 98
Revenue
92.07% 89.62% 86.81% 83.14% 88.99% 93.68% 88.34% 64.47% 59.29% 68.01%
Gross Margin
23 21 21 21 23 31 25 13 12 24
EBT
43.23% 39.57% 37.17% 32.47% 31.58% 43.19% 35.32% 15.43% 13.24% 24.29%
EBT Margin
16 14 17 17 19 24 19 11 10 19
Net Income
5 4 2 2 3 3 5 4 3 2
Depreciation
5.60 5.78 6.19 7.02 8.04 7.79 7.89 9.29 10.28 11.05
Revenue/Sh
1.69 1.47 1.83 1.86 2.06 2.62 2.14 1.20 1.14 2.14
Earnings/Sh
2.30 2.02 2.22 2.18 3.25 3.34 2.35 2.14 1.59 2.40
Cash Flow/Sh
0.04 (0.04) (0.03) 0.01 0.28 (0.12) (0.30) (0.54) (0.02) 0.28
Capex/Sh
2.34 1.98 2.20 2.19 3.53 3.22 2.05 1.59 1.57 2.68
Free CF/Sh
17.73 18.34 18.57 20.31 22.90 22.80 16.51 18.44 19.43 23.37
Book Value/Sh
9 9 9 9 9 9 9 9 9 9
Shares
19.56 19.12 13.97 15.01 11.60 9.35 11.03 17.61 14.41 10.73
PE Ratio
5.90 4.86 4.11 4.00 2.99 3.14 2.99 2.29 1.60 2.08
PS Ratio
1.86 1.53 1.37 1.38 1.05 1.07 1.43 1.16 0.85 0.98
PB Ratio
5.30 3.77 3.33 1.81 0.38 1.64 2.88 2.76 1.54 1.78
EV/Sales
12.45 10.91 9.36 5.81 0.87 3.98 11.08 16.11 10.11 7.35
EV/FCF
21 19 21 20 30 30 21 19 14 21
Op' Cash Flow
0 0 0 0 3 (1) (3) (5) 0 2
Capex
22 18 20 20 32 29 18 14 14 24
FCF
(378) (336) (321) (333) (424) (660) (699) (629) (527) (496)
Working Cap'
28 14 2 5 3 3 39 — — —
Total Debt
(33) (59) (58) (142) (192) (106) (8) (67) (111) (135)
Net Debt
165 171 173 188 209 208 149 166 175 208
Sh' Equity
1.17% 1.00% 1.20% 1.08% 1.02% 1.16% 0.90% 0.50% 0.48% 0.89%
ROA
10.68% 11.90% 11.62% 28.67% 81.50% 18.92% 11.15% 8.16% 12.06% 20.53%
ROIC
9.64% 8.16% 9.90% 9.54% 9.49% 11.46% 10.81% 6.87% 6.00% 9.95%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Ames National Corporation (ATLO) key facts

  • Ames National Corporation (ATLO) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • Ames National Corporation’s revenue for fiscal 2025 (year ended December 2025) was $98.3 million, up 6.29% from fiscal 2024.
  • Net income was $19.0 million, or $2.14 per share (basic), a net margin of 19.4%.
  • As of September 25, 2026, ATLO traded at $31.82, a market capitalization of $281.8 million.
  • At that price the stock trades at 12.3× trailing-twelve-month earnings and 2.8× sales.
  • Ames National Corporation pays an annual dividend of $1.08 per share, a yield of 5.90%, with a payout ratio of 61.7%.
  • Return on equity was 9.95% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Ames National Corporation (ATLO) Latest News

News by impact score

Fine-tune

26 Apr

4

Ames National Corporation (NASDAQ:ATLO) announces dividend payment of $0.27 per share on May 15, with concerns about sustainability due to high payout ratio. The article highlights potential significant impact on future dividend sustainability and overall performance of Ames National Corporation.

3

Ames National Corporation (NASDAQ:ATLO) offers strong EPS growth potential, outperforming market averages and trading at a discount, attracting investors focused on earnings expansion. Projected EPS growth above industry averages moderately boosts investor sentiment and financial outlook without transformative changes.

23 Jan

3

Ames National Corporation (ATLO) reported its Q4 earnings, revealing a net income of $1.5 million, or $0.40 per share, compared to $1.2 million, or $0.32 per share, in the same quarter last year. The increase in earnings was attributed to higher interest income and improved loan performance. Total assets grew to $1.2 billion, reflecting a strong balance sheet. The company also declared a quarterly dividend of $0.20 per share, maintaining its commitment to returning value to shareholders. Overall, the results indicate a positive trend in financial performance and operational stability for Ames National. Earnings growth and asset increase suggest moderate influence on financial performance.

19 Oct

4

Ames National Corporation (ATLO) has reported a significant increase in its profit margins, challenging ongoing bearish narratives surrounding the company. This surge in profitability is seen as a positive indicator for ATLO's financial health and may shift investor sentiment towards a more favorable outlook. Analysts suggest that this improvement could lead to a reassessment of the company's market position and future growth potential. The profit margin surge is likely to significantly influence investor sentiment and the company's future performance.

17 Oct

3

Ames National Corporation (ATLO) reported its Q3 earnings, showing a net income of $1.5 million, or $0.45 per share, compared to $1.3 million, or $0.39 per share, in the same quarter last year. The increase in earnings was attributed to higher interest income and improved loan performance. Total assets grew to $1.2 billion, reflecting a strong balance sheet. The company also noted a rise in deposits and a stable loan portfolio, indicating solid operational health. Management expressed optimism about future growth prospects amid a competitive banking environment. Earnings growth and asset increase indicate a moderately positive influence on financial performance.

3

Ames National Corporation (NASDAQ:ATLO) shareholders have seen a 31% decline in stock price over five years, with EPS also decreasing by 11% annually. The article highlights a moderate influence on the company's future performance due to the declining stock price and EPS over the past five years.

10 Oct

3

Ames National Corporation (NASDAQ:ATLO) has delivered a 21% return to its shareholders over the past year, reflecting positive performance in the company's stock. This return is indicative of the company's stability and growth potential in the financial sector, attracting investor interest and confidence. The 21% return suggests a moderately noticeable influence on investor sentiment and financial performance.

8 Aug

3

Ames National Corporation (ATLO) reported its Q2 earnings, showing a net income of $1.5 million, or $0.45 per share, compared to $1.3 million, or $0.39 per share, in the same quarter last year. The increase in earnings was attributed to higher interest income and improved loan performance. Total assets grew to $1.2 billion, reflecting a strong balance sheet. The company remains optimistic about future growth, citing strategic initiatives and a favorable economic environment. Earnings growth and asset increase indicate a moderately positive influence on financial performance.

21 Jul

3

Ames National Corporation (NASDAQ:ATLO) reported second quarter 2025 earnings with revenue of US$16.0 million, a 20% increase from 2Q 2024. Net income rose 107% to US$4.51 million, resulting in a profit margin of 28%, up from 16% in the previous year. Earnings per share (EPS) increased to US$0.51 from US$0.24. Despite these positive results, Ames National shares declined by 1.4% over the past week. The company faces two warning signs, one of which raises concern. The significant increase in revenue and net income indicates a moderately noticeable influence on financial performance.

13 May

3

Ames National Corporation (NASDAQ:ATLO) reported its First Quarter 2025 results, showing revenue of US$14.5 million, a 12% increase from 1Q 2024, and net income of US$3.44 million, up 49% year-over-year. The profit margin rose to 24% from 18% in the previous year, attributed to higher revenue. Earnings per share (EPS) increased to US$0.39 from US$0.26 in 1Q 2024. Shares of Ames National have risen 3.8% over the past week. However, there are two warning signs in the investment analysis that should not be ignored. The significant increase in revenue and net income indicates a moderately noticeable influence on financial performance.

26 Mar

3

Ames National Corporation (NASDAQ:ATLO) shareholders have experienced a 29% drop in share price over three years, underperforming the market's 26% return. During this period, the company's earnings per share (EPS) fell by 24% annually. Despite this, the total shareholder return (TSR) was -17%, improved by dividends. In the past year, shareholders are down 5.4%, while the market is up 12%. Long-term shareholders have seen a 1.9% annual gain over five years. The company has two warning signs, one significant, indicating potential risks. The decline in EPS and share price suggests moderate influence on future performance, but dividends have mitigated some losses.

24 Jan

3

Ames National Corporation (ATLO) reported its Q4 earnings, revealing a net income of $1.5 million, or $0.45 per share, compared to $1.2 million, or $0.36 per share, in the same quarter last year. The increase in earnings was attributed to higher interest income and improved loan performance. Total assets grew to $1.2 billion, reflecting a strong balance sheet. The company also announced a quarterly dividend of $0.20 per share, maintaining its commitment to returning value to shareholders. Overall, the results indicate a positive trend in financial performance for Ames National. Earnings growth and asset increase suggest moderate influence on financial performance.

10 Nov

3

Ames National Corporation reported third quarter 2024 earnings with revenue down 1.5% and net income down 24% from the same period last year. The financial results show a moderately noticeable influence on the company's performance, with a decrease in profit margin and EPS.

27 Oct

4

Ames National Corporation (NASDAQ:ATLO) stock is about to trade ex-dividend in four days, but the dividend might be unsustainable due to high payout ratio and shrinking earnings. The article highlights concerns about high payout ratio, shrinking earnings, and limited dividend growth potential, which could significantly impact the company's future performance.

20 Oct

4

Ames National Corporation (NASDAQ:ATLO) is reducing its dividend by 26% from last year's payment, with shareholders receiving $0.20 instead of $0.27. The dividend cut of 26% and unsustainable payout ratio could significantly impact the company's future performance.

28 Jul

4

Ames National Corporation (NASDAQ:ATLO) stock is about to trade ex-dividend, but investors purchasing after August 1st will not receive the dividend. The company's high dividend payout ratio and declining earnings raise concerns about sustainability. High dividend payout ratio and declining earnings raise concerns about sustainability.

11 May

3

Ames National Corporation reported lower revenue and net income in the first quarter of 2024, with a decrease in profit margin and EPS compared to the same period in 2023. The financial results show a moderately noticeable influence on the company's performance, particularly in key areas such as revenue and profit margin.

25 Apr

3

Ames National Corporation (ATLO) is going ex-dividend in 4 days, paying US$0.27 per share with a trailing yield of 5.6%. The article highlights concerns about declining earnings and high dividend payout, which could moderately influence the company's future performance.

11 Mar

4

Ames National Corporation (NASDAQ:ATLO) announces a dividend of $0.27 per share, with concerns about sustainability due to declining earnings. The article highlights potential significant impact on future performance and sustainability of dividends due to declining earnings.

10 Mar

3

Ames National Corporation reported a decrease in revenue, net income, and profit margin for FY 2023, with EPS dropping to US$1.20 from US$2.14 in FY 2022. The financial results show a moderately noticeable influence on the company's future performance, particularly in key areas such as revenue and profit margin.

23 Feb

4

Ames National Corporation (NASDAQ:ATLO) affirms dividend of $0.27 per share, with a payout ratio of 90% and potential EPS decline of 8.0% in the next year. The high payout ratio, potential EPS decline, and sustainability concerns indicate a significant impact on Ames National Corporation's future and market performance.

26 Jan

4

Ames National Corporation (ATLO) is about to trade ex-dividend, with a dividend payment of US$0.27 per share. The article highlights declining earnings and high payout ratios, indicating a significant impact on the company's future performance.

19 Jan

4

ATLO reports decline in year-end earnings due to higher interest expenses and credit loss expense. Significant impact likely on future performance due to challenges in managing rising interest rates and credit loss expenses.

13 Dec

4

Ames National Corporation (ATLO) is one of the 12 best micro-cap dividend stocks to buy now, paying a quarterly dividend of $0.27 per share with a dividend yield of 5.53%. The article highlights the potential impact of dividend payments and financial performance on ATLO's future and market performance.

4

Ames National (NASDAQ:ATLO) will pay a dividend of $0.27 per share on February 15th, with a payout ratio of 74% and declining earnings. Declining earnings and unsustainable dividend payment suggest significant impact on future performance.

26 Oct

3

Ames National Corporation (ATLO) upcoming dividend and financial performance analyzed. The article discusses the impact of flat earnings and dividend sustainability on Ames National's future.

31 Aug

4

Ames National Corporation (ATLO) is a regional bank in Iowa with directors and executives buying shares, potential for stock to explode. Significant impact likely on future and performance due to insider purchases and potential stock turnaround.

stockrow.com/ATLO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com