Ames National Corporation operates as a multi-bank holding company that provides banking services primarily in the central and north central Iowa counties of Boone, Hancock, Marshall, Polk, and Story. The company offers a range of deposits, including checking accounts, savings accounts, time deposits, money market accounts, demand deposits, and certificates of deposit; and loans, such as short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans, and mortgage loans for sale into the secondary market, as well as agricultural and business operating loans and lines of credit. It also provides cash management, merchant credit card processing, safe deposit box and wire transfer, direct deposit of payroll and social security checks, and automated/video teller machine access services, as well as automatic drafts for various accounts. In addition, the company offers farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and Internet banking and trust services. Ames National Corporation was founded in 1903 and is based in Ames, Iowa.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:ATLO
CUSIP03100110
Phone515-232-6251
Debt
Debt-to-Equity Ratio0.01
Current Ratio0.71
Quick Ratio0.71
Price-To-Earnings
Trailing P/E Ratio18.81
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$53.79 million
Price / Sales5.44
Cash Flow$2.1009 per share
Price / Cash14.97
Book Value$18.34 per share
Price / Book1.71
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$13.69 million
Net Margins26.07%
Return on Equity8.98%
Return on Assets1.11%
Miscellaneous
Employees207
Outstanding Shares9,310,000
Ames National (NASDAQ:ATLO) Frequently Asked Questions
What is Ames National's stock symbol?
Ames National trades on the NASDAQ under the ticker symbol "ATLO."
How often does Ames National pay dividends? What is the dividend yield for Ames National?
Ames National announced a quarterly dividend on Wednesday, May 9th. Investors of record on Wednesday, August 1st will be paid a dividend of $0.23 per share on Wednesday, August 15th. This represents a $0.92 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Tuesday, July 31st. This is a positive change from Ames National's previous quarterly dividend of $0.22. View Ames National's Dividend History.
How will Ames National's stock buyback program work?
Ames National declared that its Board of Directors has approved a share repurchase program on Monday, November 13th 2017, which authorizes the company to buyback 100,000 shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its stock is undervalued.
How were Ames National's earnings last quarter?
Ames National Co. (NASDAQ:ATLO) issued its quarterly earnings data on Friday, January, 17th. The financial services provider reported $0.36 earnings per share for the quarter. The financial services provider had revenue of $10.62 million for the quarter. Ames National had a net margin of 26.07% and a return on equity of 8.98%. View Ames National's Earnings History.
When is Ames National's next earnings date?
Who are some of Ames National's key competitors?
Some companies that are related to Ames National include Farmers And Merchants Bank of Long Beach (FMBL), Meridian Bancorp (EBSB), Banc of California (BANC), Hanmi Financial (HAFC), CoBiz Financial (COBZ), CBTX (CBTX), Green Bancorp (GNBC), National Commerce (NCOM), Peoples Bancorp (PEBO), Camden National (CAC), Bridge Bancorp (BDGE), First of Long Island (FLIC), Bancorp (TBBK), Nicolet Bankshares (NCBS) and Financial Institutions (FISI).
Who are Ames National's key executives?
Ames National's management team includes the folowing people:
- Mr. Thomas H. Pohlman, Chairman, Pres & CEO (Age 67)
- Mr. John P. Nelson, Exec. VP, Sec., Treasurer, CFO, COO & Director (Age 51)
- Mr. Stephen C. McGill, Pres of State Bank & Trust Co and Director of State Bank & Trust Co (Age 63)
- Mr. Scott T. Bauer, Pres of First National Bank and Director of First National Bank (Age 55)
- Mr. Richard J. Schreier, Pres of Reliance State Bank & Director of Reliance State Bank (Age 50)
Has Ames National been receiving favorable news coverage?
Media headlines about ATLO stock have trended somewhat positive this week, Accern reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ames National earned a news sentiment score of 0.03 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.20 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Ames National's major shareholders?
Ames National's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.69%), Dimensional Fund Advisors LP (0.40%), Morgan Dempsey Capital Management LLC (0.31%), John W. Rosenthal Capital Management Inc. (0.19%) and Maltese Capital Management LLC (0.16%). Company insiders that own Ames National stock include Curtis A Hoff, David W Benson, Patrick G Hagan and Stephen C Mcgill. View Institutional Ownership Trends for Ames National.
Which major investors are selling Ames National stock?
Which major investors are buying Ames National stock?
ATLO stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP and Maltese Capital Management LLC. Company insiders that have bought Ames National stock in the last two years include Curtis A Hoff, David W Benson, Patrick G Hagan and Stephen C Mcgill. View Insider Buying and Selling for Ames National.
How do I buy shares of Ames National?
Shares of ATLO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ames National's stock price today?
One share of ATLO stock can currently be purchased for approximately $31.45.
How big of a company is Ames National?
Ames National has a market capitalization of $287.24 million and generates $53.79 million in revenue each year. Ames National employs 207 workers across the globe.
How can I contact Ames National?
Ames National's mailing address is 405 FIFTH STREET PO BOX 846, AMES IA, 50010. The financial services provider can be reached via phone at 515-232-6251 or via email at [email protected]
MarketBeat Community Rating for Ames National (ATLO)
MarketBeat's community ratings are surveys of what our community members think about Ames National and other stocks. Vote "Outperform" if you believe ATLO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATLO will underperform the S&P 500 over the long term. You may vote once every thirty days.
