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 Ratio0.01
Current Ratio0.71
Quick Ratio0.71
Price-To-Earnings
Trailing P/E Ratio19.06
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$53.79 million
Price / Sales5.35
Cash Flow$2.0383 per share
Price / Cash15.16
Book Value$18.34 per share
Price / Book1.68
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
Market Cap$290.97
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. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date is Tuesday, July 31st. This is a boost 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 announced that its board has initiated a share repurchase program on Monday, November 13th 2017, which authorizes the company to repurchase 100,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.
How were Ames National's earnings last quarter?
Ames National Co. (NASDAQ:ATLO) released 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 earned $10.62 million during 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?
What is the consensus analysts' recommendation for Ames National?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ames National in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
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), CoBiz Financial (COBZ), Hanmi Financial (HAFC), CBTX (CBTX), Green Bancorp (GNBC), National Commerce (NCOM), Peoples Bancorp (PEBO), Bridge Bancorp (BDGE), Camden National (CAC), First of Long Island (FLIC), Bancorp (TBBK), Nicolet Bankshares (NCBS) and Arrow Financial (AROW).
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 & 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?
News stories about ATLO stock have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ames National earned a news impact score of 0.20 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 46.01 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
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 $30.90.
How big of a company is Ames National?
Ames National has a market capitalization of $290.97 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.
