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
Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:ATLO
CUSIP03100110
Phone515-232-6251
Debt
Debt-to-Equity RatioN/A
Current Ratio0.72
Quick Ratio0.71
Price-To-Earnings
Trailing P/E Ratio18.42
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$53.79 million
Price / Sales5.24
Cash Flow$2.0648 per share
Price / Cash14.65
Book Value$18.34 per share
Price / Book1.65
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$13.69 million
Net Margins27.37%
Return on Equity9.52%
Return on Assets1.18%
Miscellaneous
Employees207
Outstanding Shares9,310,000
Market Cap$281.19 million
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 declared a quarterly dividend on Friday, August 10th. Shareholders of record on Thursday, November 1st will be given a dividend of $0.23 per share on Thursday, November 15th. This represents a $0.92 annualized dividend and a dividend yield of 3.04%. The ex-dividend date is Wednesday, October 31st. View Ames National's Dividend History.
How will Ames National's stock buyback program work?
Ames National announced that its Board of Directors has initiated a stock repurchase plan on Monday, November 13th 2017, which allows the company to repurchase 100,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.
How were Ames National's earnings last quarter?
Ames National Co. (NASDAQ:ATLO) released its earnings results on Friday, January, 17th. The financial services provider reported $0.36 EPS for the quarter. The financial services provider earned $10.62 million during the quarter. Ames National had a return on equity of 9.52% and a net margin of 27.37%. View Ames National's Earnings History.
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), Banc of California (BANC), Meridian Bancorp (EBSB), CBTX (CBTX), CoBiz Financial (COBZ), National Commerce (NCOM), Green Bancorp (GNBC), Hanmi Financial (HAFC), Camden National (CAC), Peoples Bancorp (PEBO), Bridge Bancorp (BDGE), Bancorp (TBBK), First of Long Island (FLIC), Arrow Financial (AROW) and Nicolet Bankshares (NCBS).
Who are Ames National's key executives?
Ames National's management team includes the folowing people:
- Mr. John P. Nelson, Pres, CEO & 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 & Director of First National Bank (Age 55)
- Mr. Richard J. Schreier, Pres of Reliance State Bank & Director of Reliance State Bank (Age 50)
- Mr. John L. Pierschbacher CPA, CFO & Sec. (Age 59)
Has Ames National been receiving favorable news coverage?
News stories about ATLO stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ames National earned a daily sentiment score of 0.12 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.64 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Ames National.
Who are Ames National's major shareholders?
Ames National's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.07%), Royce & Associates LP (5.42%), Renaissance Technologies LLC (1.04%), Dimensional Fund Advisors LP (0.61%), Bank of New York Mellon Corp (0.56%) and California Public Employees Retirement System (0.26%). 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 institutional investors are selling Ames National stock?
Which institutional investors are buying Ames National stock?
ATLO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Royce & Associates LP, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Schwab Charles Investment Management Inc. and California Public Employees Retirement System. 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 $30.25.
How big of a company is Ames National?
Ames National has a market capitalization of $281.19 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 (NASDAQ 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.
