ATLOAmes National Corp.

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Company Info

CEO

John P. Nelson

Location

Iowa, USA

Exchange

Nasdaq

Website

https://amesnational.com

Summary

Ames National Corporation operates as a multi-bank holding company in Iowa.

Company Info

CEO

John P. Nelson

Location

Iowa, USA

Exchange

Nasdaq

Website

https://amesnational.com

Summary

Ames National Corporation operates as a multi-bank holding company in Iowa.

AI Insights for ATLO
5 min read

Quick Summary

Ames National Corporation is a multi-bank holding company headquartered in Ames, Iowa, and it operates in the community banking industry. The company provides traditional banking services through affiliated banks, with a focus on deposit gathering, lending, and relationship-based financial services. Its deposit products include checking accounts, savings accounts, and other bank deposit offerings used by individuals, businesses, farms, and local institutions. Its lending activities include commercial loans, agricultural real estate loans, residential real estate loans, equipment financing, vehicle loans, and home improvement loans. The company’s main customers are likely households, small and midsized businesses, agricultural borrowers, real estate borrowers, and community organizations in Iowa markets where its banks operate.

Strengths

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Ames National Corporation’s main strength is its position as a community-focused banking organization with local market knowledge in Iowa.

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Its business model is straightforward and centered on deposits, loans, and relationship banking, which can create durable customer ties.

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The company serves diversified local borrowing needs across commercial, agricultural, residential, equipment, vehicle, and home improvement lending.

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Its low beta suggests that the stock has historically or statistically exhibited lower volatility than the broader market, which may appeal to conservative investors.

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The company also has a positive dividend yield and profitability metrics that indicate it is generating earnings from its operations.

Key Risks

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Ames National Corporation faces credit risk if borrowers in its commercial, agricultural, residential, or consumer loan portfolios experience financial stress.

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Its exposure to Iowa markets means weather events, farmland values, commodity prices, local employment trends, and regional business activity can affect performance.

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Interest-rate risk is significant because changes in rates can alter loan demand, securities values, deposit pricing, and net interest margin.

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Competition from banks, credit unions, online banks, and fintech lenders may pressure deposit retention and loan pricing.

What to Watch

The most recent provided period is Q3 2026, and the available data show Ames National Corporation with total revenue of about $19.084 million and net income of about $5.931 million.
Basic EPS is listed at $0.67, while diluted EPS is not provided in the dataset.
The company’s valuation metrics include a price-to-book ratio of about 1.32, EV-to-revenue of about 2.55, and EV-to-EBITDA of about 6.11.
No specific announcements, acquisitions, partnerships, product launches, or strategic transactions were included in the supplied recent-news feed.
Based only on the provided information, the quarter appears to have been characterized by ordinary banking operations rather than a clearly identified extraordinary corporate event.

Price Drivers

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The stock price of Ames National Corporation is likely driven primarily by earnings, net interest margin, loan growth, credit quality, and investor demand for community bank shares.

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The company reports a price-to-earnings ratio of about 12.25 and an earnings yield of about 8.16 percent, which suggests valuation is closely tied to the sustainability of profits.

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Interest-rate expectations are especially important because banks earn income from the spread between loan yields and deposit costs.

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The dividend yield of about 2.77 percent may also support investor interest, although the reported dividend streak is zero years in the supplied data.

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The low beta of 0.299 indicates the stock may move less than the broader market, but its price can still be affected by banking-sector sentiment, local economic trends, and changes in perceived credit risk.

Recent News

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The supplied recent-news dataset for Ames National Corporation is empty, so there are no specific current news items to report from the provided source.

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No recent partnerships, acquisitions, controversies, executive changes, product launches, or regulatory actions were included in the information given.

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This does not necessarily mean that no developments occurred, only that none were present in the provided news feed.

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Investors evaluating the company should therefore rely on the fundamental data supplied here and should separately confirm any company filings or press releases before making conclusions.

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Based on the available data, the latest identifiable information is the Q3 2026 fundamental snapshot rather than a discrete news event.

Market Trends

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Ames National Corporation is affected by broader community banking trends, especially interest-rate movements, deposit competition, and credit quality across local lending markets.

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Banks have faced pressure in recent periods when customers move funds toward higher-yielding deposits, money market products, or online banks.

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Loan demand can soften when borrowing costs are high, particularly in residential real estate, commercial real estate, equipment financing, and consumer credit.

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Community banks also face increasing technology expectations as customers compare local banks with national banks, online banks, and fintech platforms.

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At the same time, relationship banking and local credit knowledge remain valuable advantages in markets where customers prefer personalized service and community presence.

AI-generated summary for educational purposes only. Not investment advice. Always do your own research before investing.

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Topics: Company overview • Products • Competitors • Strengths & Risks

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