Ames National Corporation ATLO
- Market cap
- $281.8M
- P/E
- 12.3×
Follow ATLO
Target Price Range
Analyst price targets
Free account| 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
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| 35.30 | 37.45 | 32.15 | 29.46 | 28.05 | 27.90 | 25.55 | 25.00 | 22.41 | 24.36 |
High Price
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| 202 | 207 | 231 | 266 | 132 | 125 | 122 | 273 | 268 | 260 |
Employees
|
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| 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 |
Revenue/Emp
|
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| 52 | 54 | 58 | 65 | 74 | 71 | 71 | 84 | 92 | 98 |
Revenue
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| 92.07% | 89.62% | 86.81% | 83.14% | 88.99% | 93.68% | 88.34% | 64.47% | 59.29% | 68.01% |
Gross Margin
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| 23 | 21 | 21 | 21 | 23 | 31 | 25 | 13 | 12 | 24 |
EBT
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| 43.23% | 39.57% | 37.17% | 32.47% | 31.58% | 43.19% | 35.32% | 15.43% | 13.24% | 24.29% |
EBT Margin
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| 16 | 14 | 17 | 17 | 19 | 24 | 19 | 11 | 10 | 19 |
Net Income
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| 5 | 4 | 2 | 2 | 3 | 3 | 5 | 4 | 3 | 2 |
Depreciation
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| 5.60 | 5.78 | 6.19 | 7.02 | 8.04 | 7.79 | 7.89 | 9.29 | 10.28 | 11.05 |
Revenue/Sh
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| 1.69 | 1.47 | 1.83 | 1.86 | 2.06 | 2.62 | 2.14 | 1.20 | 1.14 | 2.14 |
Earnings/Sh
|
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| 2.30 | 2.02 | 2.22 | 2.18 | 3.25 | 3.34 | 2.35 | 2.14 | 1.59 | 2.40 |
Cash Flow/Sh
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| 0.04 | (0.04) | (0.03) | 0.01 | 0.28 | (0.12) | (0.30) | (0.54) | (0.02) | 0.28 |
Capex/Sh
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| 2.34 | 1.98 | 2.20 | 2.19 | 3.53 | 3.22 | 2.05 | 1.59 | 1.57 | 2.68 |
Free CF/Sh
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| 17.73 | 18.34 | 18.57 | 20.31 | 22.90 | 22.80 | 16.51 | 18.44 | 19.43 | 23.37 |
Book Value/Sh
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| 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Shares
|
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| 19.56 | 19.12 | 13.97 | 15.01 | 11.60 | 9.35 | 11.03 | 17.61 | 14.41 | 10.73 |
PE Ratio
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| 5.90 | 4.86 | 4.11 | 4.00 | 2.99 | 3.14 | 2.99 | 2.29 | 1.60 | 2.08 |
PS Ratio
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| 1.86 | 1.53 | 1.37 | 1.38 | 1.05 | 1.07 | 1.43 | 1.16 | 0.85 | 0.98 |
PB Ratio
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| 5.30 | 3.77 | 3.33 | 1.81 | 0.38 | 1.64 | 2.88 | 2.76 | 1.54 | 1.78 |
EV/Sales
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| 12.45 | 10.91 | 9.36 | 5.81 | 0.87 | 3.98 | 11.08 | 16.11 | 10.11 | 7.35 |
EV/FCF
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| 21 | 19 | 21 | 20 | 30 | 30 | 21 | 19 | 14 | 21 |
Op' Cash Flow
|
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| 0 | 0 | 0 | 0 | 3 | (1) | (3) | (5) | 0 | 2 |
Capex
|
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| 22 | 18 | 20 | 20 | 32 | 29 | 18 | 14 | 14 | 24 |
FCF
|
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| (378) | (336) | (321) | (333) | (424) | (660) | (699) | (629) | (527) | (496) |
Working Cap'
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| 28 | 14 | 2 | 5 | 3 | 3 | 39 | — | — | — |
Total Debt
|
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| (33) | (59) | (58) | (142) | (192) | (106) | (8) | (67) | (111) | (135) |
Net Debt
|
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| 165 | 171 | 173 | 188 | 209 | 208 | 149 | 166 | 175 | 208 |
Sh' Equity
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| 1.17% | 1.00% | 1.20% | 1.08% | 1.02% | 1.16% | 0.90% | 0.50% | 0.48% | 0.89% |
ROA
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| 10.68% | 11.90% | 11.62% | 28.67% | 81.50% | 18.92% | 11.15% | 8.16% | 12.06% | 20.53% |
ROIC
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| 9.64% | 8.16% | 9.90% | 9.54% | 9.49% | 11.46% | 10.81% | 6.87% | 6.00% | 9.95% |
ROE
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Ames National Corporation peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| FRAF Franklin Financial Services Corp. | $280.1M | 11.4× | Compare |
| FNRN First Northern Community Bancorp | $280.0M | 12.5× | Compare |
| FUNC First United Corporation | $279.5M | 11.2× | Compare |
| ISBA Isabella Bank Corporation | $285.3M | 14.1× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| WNEB Western New England Bancorp | $278.0M | 16.6× | Compare |
| OVLY Oak Valley Bancorp (CA) | $285.8M | 12.0× | Compare |
| GBFH GBank Financial Holdings Inc. | $274.2M | 14.8× | Compare |
| BPRN Princeton Bancorp, Inc. | $294.3M | 11.4× | Compare |
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.
Ames National Corporation (ATLO) Latest News
26 Apr
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.
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
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
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
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.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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.