company background image
ATLO

Ames National NasdaqCM:ATLO Stock Report

Last Price

US$23.05

Market Cap

US$207.3m

7D

1.1%

1Y

-5.1%

Updated

01 Dec, 2022

Data

Company Financials
ATLO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends5/6

ATLO Stock Overview

Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa.

Rewards

Trading at 45.9% below our estimate of its fair value

Pays a high and reliable dividend of 4.69%

Risk Analysis

No risks detected for ATLO from our risk checks.

Ames National Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ames National
Historical stock prices
Current Share PriceUS$23.05
52 Week HighUS$25.55
52 Week LowUS$20.16
Beta0.55
1 Month Change4.35%
3 Month Change5.06%
1 Year Change-5.10%
3 Year Change-16.40%
5 Year Change-21.86%
Change since IPO244.67%

Recent News & Updates

Ames National: High Dividend Yield, Positive Earnings Outlook For Next Year

Sep 11

Recent updates

Ames National (NASDAQ:ATLO) Is Increasing Its Dividend To US$0.27

Mar 22
Ames National (NASDAQ:ATLO) Is Increasing Its Dividend To US$0.27

Ames National (NASDAQ:ATLO) Is Increasing Its Dividend To US$0.27

Feb 15
Ames National (NASDAQ:ATLO) Is Increasing Its Dividend To US$0.27

Here's Why We Think Ames National (NASDAQ:ATLO) Is Well Worth Watching

Jun 14
Here's Why We Think Ames National (NASDAQ:ATLO) Is Well Worth Watching

Shareholders Will Probably Not Have Any Issues With Ames National Corporation's (NASDAQ:ATLO) CEO Compensation

Apr 23
Shareholders Will Probably Not Have Any Issues With Ames National Corporation's (NASDAQ:ATLO) CEO Compensation

Is Ames National Corporation (NASDAQ:ATLO) A Smart Pick For Income Investors?

Apr 13
Is Ames National Corporation (NASDAQ:ATLO) A Smart Pick For Income Investors?

I Built A List Of Growing Companies And Ames National (NASDAQ:ATLO) Made The Cut

Mar 09
I Built A List Of Growing Companies And Ames National (NASDAQ:ATLO) Made The Cut

Ames National Corporation (NASDAQ:ATLO) Goes Ex-Dividend Soon

Jan 24
Ames National Corporation (NASDAQ:ATLO) Goes Ex-Dividend Soon

Ames National's (NASDAQ:ATLO) Shareholders Are Down 16% On Their Shares

Jan 23
Ames National's (NASDAQ:ATLO) Shareholders Are Down 16% On Their Shares

How Is Ames National's (NASDAQ:ATLO) CEO Paid Relative To Peers?

Dec 01
How Is Ames National's (NASDAQ:ATLO) CEO Paid Relative To Peers?

Shareholder Returns

ATLOUS BanksUS Market
7D1.1%-0.6%1.4%
1Y-5.1%-14.5%-16.1%

Return vs Industry: ATLO exceeded the US Banks industry which returned -10.8% over the past year.

Return vs Market: ATLO exceeded the US Market which returned -14.8% over the past year.

Price Volatility

Is ATLO's price volatile compared to industry and market?
ATLO volatility
ATLO Average Weekly Movement1.6%
Banks Industry Average Movement4.1%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: ATLO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: ATLO's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1903266John Nelsonhttps://www.amesnational.com

Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. The company accepts a range of deposits, 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 and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; personal loans and lines of credit; agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market.

Ames National Corporation Fundamentals Summary

How do Ames National's earnings and revenue compare to its market cap?
ATLO fundamental statistics
Market CapUS$207.27m
Earnings (TTM)US$20.18m
Revenue (TTM)US$64.18m

10.3x

P/E Ratio

1.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATLO income statement (TTM)
RevenueUS$64.18m
Cost of RevenueUS$0
Gross ProfitUS$64.18m
Other ExpensesUS$44.01m
EarningsUS$20.18m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.24
Gross Margin100.00%
Net Profit Margin31.44%
Debt/Equity Ratio49.9%

How did ATLO perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

48%

Payout Ratio

Does ATLO pay a reliable dividends?

See ATLO dividend history and benchmarks
When do you need to buy ATLO by to receive an upcoming dividend?
Ames National dividend dates
Ex Dividend DateJan 31 2023
Dividend Pay DateFeb 15 2023
Days until Ex dividend59 days
Days until Dividend pay date74 days

Does ATLO pay a reliable dividends?

See ATLO dividend history and benchmarks