Ames National Corporation

NasdaqCM:ATLO Stock Report

Market Cap: US$158.6m

Ames National Past Earnings Performance

Past criteria checks 4/6

Ames National's earnings have been declining at an average annual rate of -14.1%, while the Banks industry saw earnings growing at 5.1% annually. Revenues have been declining at an average rate of 2.6% per year. Ames National's return on equity is 6.2%, and it has net margins of 20.6%.

Key information

-14.05%

Earnings growth rate

-13.59%

EPS growth rate

Banks Industry Growth11.18%
Revenue growth rate-2.61%
Return on equity6.20%
Net Margin20.63%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

Ames National Corporation's (NASDAQ:ATLO) CEO Will Probably Struggle To See A Pay Rise This Year

Apr 24
Ames National Corporation's (NASDAQ:ATLO) CEO Will Probably Struggle To See A Pay Rise This Year

Ames National's (NASDAQ:ATLO) Dividend Will Be $0.20

Nov 19
Ames National's (NASDAQ:ATLO) Dividend Will Be $0.20

Ames National (NASDAQ:ATLO) Has Affirmed Its Dividend Of $0.27

Jul 22
Ames National (NASDAQ:ATLO) Has Affirmed Its Dividend Of $0.27

Ames National (NASDAQ:ATLO) Has Announced A Dividend Of $0.27

Apr 29
Ames National (NASDAQ:ATLO) Has Announced A Dividend Of $0.27

Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27

Mar 14
Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27

Ames National's (NASDAQ:ATLO) Dividend Will Be $0.27

Jan 20
Ames National's (NASDAQ:ATLO) Dividend Will Be $0.27

Ames National (NASDAQ:ATLO) Will Pay A Dividend Of $0.27

Dec 13
Ames National (NASDAQ:ATLO) Will Pay A Dividend Of $0.27

Ames National (NASDAQ:ATLO) Has Affirmed Its Dividend Of $0.27

Oct 23
Ames National (NASDAQ:ATLO) Has Affirmed Its Dividend Of $0.27

Ames National (NASDAQ:ATLO) Is Due To Pay A Dividend Of $0.27

Aug 30
Ames National (NASDAQ:ATLO) Is Due To Pay A Dividend Of $0.27

Ames National (NASDAQ:ATLO) Has Announced A Dividend Of $0.27

Aug 15
Ames National (NASDAQ:ATLO) Has Announced A Dividend Of $0.27

Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27

Jul 24
Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27

Ames National (NASDAQ:ATLO) Has Affirmed Its Dividend Of $0.27

Jun 26
Ames National (NASDAQ:ATLO) Has Affirmed Its Dividend Of $0.27

Ames National's (NASDAQ:ATLO) Dividend Will Be $0.27

May 18
Ames National's (NASDAQ:ATLO) Dividend Will Be $0.27

Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27

Apr 05
Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27

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

Sep 11

Ames National: Running A Conservative Balance Sheet, But Watch The Book Value

Jun 17

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

Ames National Bank: On Its Way To A 4.5% Dividend Yield With A Sub-40% Payout Ratio

Dec 21

Ames National Corp.: Upside Due To Potential Interest Rate Hikes By End Of 2023

Sep 07

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

Revenue & Expenses Breakdown

How Ames National makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:ATLO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 255511380
31 Dec 245310380
30 Sep 24519380
30 Jun 245110370
31 Mar 245210360
31 Dec 235211360
30 Sep 235513360
30 Jun 235816360
31 Mar 236117360
31 Dec 226319350
30 Sep 226420350
30 Jun 226521340
31 Mar 226623340
31 Dec 216724340
30 Sep 216624330
30 Jun 216523330
31 Mar 216221330
31 Dec 205919330
30 Sep 205818330
30 Jun 205416320
31 Mar 205317300
31 Dec 195217290
30 Sep 195117280
30 Jun 195118270
31 Mar 195017260
31 Dec 184917260
30 Sep 184915250
30 Jun 184815240
31 Mar 184714240
31 Dec 174714240
30 Sep 174715240
30 Jun 174715230
31 Mar 174716230
31 Dec 164716230
30 Sep 164716230
30 Jun 164716230
31 Mar 164715230
31 Dec 154615220
30 Sep 154614220
30 Jun 154514220
31 Mar 154514210
31 Dec 144515210
30 Sep 144215200
30 Jun 144115200

Quality Earnings: ATLO has high quality earnings.

Growing Profit Margin: ATLO's current net profit margins (20.6%) are higher than last year (19.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ATLO's earnings have declined by 14.1% per year over the past 5 years.

Accelerating Growth: ATLO's earnings growth over the past year (14.4%) exceeds its 5-year average (-14.1% per year).

Earnings vs Industry: ATLO earnings growth over the past year (14.4%) exceeded the Banks industry 5%.


Return on Equity

High ROE: ATLO's Return on Equity (6.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/19 14:16
End of Day Share Price 2025/05/19 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ames National Corporation is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Raghavendra WelankiwarisVirtua Research Inc.