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
Phone515-232-6251
Debt
Current Ratio0.74
Quick Ratio0.74
Price-To-Earnings
Sales & Book Value
Annual Sales$53.79 million
Price / Sales4.41
Price / Cash Flow12.27
Price / Book1.39
Profitability
Net Income$13.69 million
Net Margins27.76%
Return on Assets1.20%
Miscellaneous
Employees207
OptionableNot Optionable
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, November 14th. Shareholders of record on Friday, February 1st will be paid a dividend of $0.23 per share on Friday, February 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date is Thursday, January 31st. View Ames National's Dividend History.
How will Ames National's stock buyback program work?
Ames National announced that its board has authorized a stock buyback plan on Monday, November 13th 2017, which allows the company to repurchase 100,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its shares are undervalued.
How were Ames National's earnings last quarter?
Ames National Co. (NASDAQ:ATLO) released its earnings results on Friday, October, 19th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter. The financial services provider had revenue of $12.75 million for the quarter. Ames National had a return on equity of 9.91% and a net margin of 27.76%. View Ames National's Earnings History.
When is Ames National's next earnings date?
Has Ames National been receiving favorable news coverage?
Headlines about ATLO stock have trended somewhat negative on Wednesday, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ames National earned a news impact score of -1.2 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future.
Who are some of Ames National's key competitors?
Some companies that are related to Ames National include Meridian Bancorp (EBSB), CBTX (CBTX), National Commerce (NCOM), Banc of California (BANC), Hanmi Financial (HAFC), Green Bancorp (GNBC), Peoples Bancorp (PEBO), Camden National (CAC), Bridge Bancorp (BDGE), First of Long Island (FLIC), Arrow Financial (AROW), Nicolet Bankshares (NCBS), Bancorp (TBBK), First Bancshares (FBMS) and Financial Institutions (FISI).
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. & Director (Age 59)
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 $25.50.
How big of a company is Ames National?
Ames National has a market capitalization of $235.38 million and generates $53.79 million in revenue each year. Ames National employs 207 workers across the globe.
What is Ames National's official website?
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.
