Ames National (ATLO) Stock Price, News & Analysis

Company Overview

Ames National Corporation is the bank holding company for Ames National Bank, a full-service community bank headquartered in Ames, Iowa. Through its subsidiary, the company provides a range of commercial and consumer banking products designed to meet the needs of individuals, small businesses, farmers and agribusiness clients in central Iowa. Its network of branch offices serves Story County and neighboring counties, supporting local economic development and community initiatives.

The company’s core offerings include checking and savings accounts, money market and certificate of deposit products, along with online and mobile banking services. On the lending side, Ames National provides residential mortgage loans, home equity lines of credit, commercial real estate financing and agricultural lending solutions. These credit products are complemented by treasury management services aimed at helping businesses manage cash flow, accept payments and optimize working capital.

In addition to traditional banking operations, Ames National offers trust and wealth management services through its trust department. Clients can access estate planning, investment advisory and fiduciary services tailored to both personal and charitable objectives. The bank also provides insurance, financial planning and retirement planning solutions, creating a comprehensive financial services platform for its customers.

Founded in the mid-20th century, Ames National Bank has focused on steady growth and community engagement. The company’s management team and board of directors emphasize conservative risk management, strong local relationships and long-term stability. By reinvesting in its markets and supporting community events and charitable causes, Ames National maintains its role as a locally rooted financial institution dedicated to serving central Iowa.

Key Stats

• Today's Range: $28.55 to $28.94
• 50-Day Range: $26.28 to $29.61
• 52-Week Range: $16.94 to $29.71
• Volume: 60,669 shs
• Average Volume: 70,303 shs
• Market Capitalization: $253.40 million
• P/E Ratio: 13.36
• Dividend Yield: 3.36%
• Price Target: $31.00
• Consensus Rating: Hold

Ames National Stock Analysis - MarketRank™

Ames National scored higher than 85% of companies evaluated by MarketBeat, and ranked 253rd out of 878 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Ames National has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Ames National is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Ames National has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.44%

Earnings Growth

Earnings for Ames National are expected to grow by 4.44% in the coming year, from $2.70 to $2.82 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ames National is 13.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ames National is 13.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.22.

Price to Book Value per Share Ratio

Ames National has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.16% of the float of Ames National has been sold short.

Short Interest Ratio / Days to Cover

Ames National has a short interest ratio ("days to cover") of 2.82, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ames National has recently decreased by 11.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Ames National pays a meaningful dividend of 3.36%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ames National does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ames National is 44.86%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Ames National will have a dividend payout ratio of 34.04% next year. This indicates that Ames National will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.50

News Sentiment

Ames National has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Ames National this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for ATLO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

2 people have added Ames National to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $7,945.00 in company stock, which represents 0.0031% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Ames National insiders have bought more of their company's stock than they have sold. Specifically, they have bought $7,945.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

2.33% of the stock of Ames National is held by insiders.

Percentage Held by Institutions

26.47% of the stock of Ames National is held by institutions.

ATLO Stock Analysis - Frequently Asked Questions

How have ATLO shares performed this year?

Ames National's stock was trading at $22.96 at the start of the year. Since then, ATLO shares have increased by 24.6% and is now trading at $28.60.

How were Ames National's earnings last quarter?

Ames National Corporation (NASDAQ:ATLO) issued its earnings results on Thursday, May, 7th. The financial services provider reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.05. The financial services provider earned $18.22 million during the quarter, compared to the consensus estimate of $18.10 million. Ames National had a trailing twelve-month return on equity of 9.70% and a net margin of 19.36%.

Who are Ames National's major shareholders?

Ames National's top institutional investors include Dimensional Fund Advisors LP (3.08%), Ritholtz Wealth Management (0.35%), Bank of New York Mellon Corp (0.31%) and Larry Mathis Financial Planning LLC (0.10%). Insiders that own company stock include Horras Betty A Baudler, John Patrick Nelson, James R Larson II, Michelle R Cassabaum, Patrick G Hagan, Richard Schreier, John L Pierschbacher, Kevin L Swartz, Scott T Bauer, Jeffrey K Putzier, Steven D Forth, Jeffery C Baker, Douglas W Beals, Lisa M Eslinger, Robert A Thomas, Michael A Wilson, Dan E Johnson, Adam Snodgrass and Justin C Clausen.
View institutional ownership trends.

How do I buy shares of Ames National?

Shares of ATLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Ames National own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ames National investors own include American Water Works (AWK), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Record date for 3/13 Dividend: 2/27/2026
• Ex-Dividend for 3/13 Dividend: 2/27/2026
• Dividend Payable: 3/13/2026
• Last Earnings: 5/07/2026
• Today: 5/08/2026
• Next Earnings (Estimated): 7/24/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - MIDWEST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:ATLO
• CIK: 1132651
• Web: www.amesnational.com
• Phone: (515) 232-6251
• Fax: 515-663-3033
• Employees: 280
• Year Founded: 1903

Price Target and Rating

• Average Price Target for Ames National: $31.00
• High Price Target: $31.00
• Low Price Target: $31.00
• Potential Upside/Downside: +8.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.14
• Trailing P/E Ratio: 13.36
• Forward P/E Ratio: 10.59
• P/E Growth: N/A
• Net Income: $19.03 million
• Net Margins: 19.36%
• Pretax Margin: 24.29%
• Return on Equity: 9.70%
• Return on Assets: 0.89%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.74
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $98.26 million
• Price / Sales: 2.58
• Cash Flow: $2.40 per share
• Price / Cash Flow: 11.91
• Book Value: $23.38 per share
• Price / Book: 1.22

Miscellaneous

• Outstanding Shares: 8,860,000
• Free Float: 8,651,000
• Market Cap: $253.40 million
• Optionable: Optionable
• Beta: 0.30