ATLO - Ames National Corp Stock Price, Fair Value and News

19.56USD+0.31 (+1.61%)Market Closed

Market Summary

USD19.56+0.31

Market Closed

1.61%

ATLO Stock Price

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ATLO RSI Chart

ATLO Valuation

Market Cap

175.9M

Price/Earnings (Trailing)

16.26

Price/Sales (Trailing)

2.37

EV/EBITDA

2.11

Price/Free Cashflow

12.29

ATLO Price/Sales (Trailing)

ATLO Profitability

EBT Margin

17.35%

Return on Equity

6.52%

Return on Assets

0.5%

Free Cashflow Yield

8.14%

ATLO Fundamentals

ATLO Revenue

Revenue (TTM)

74.3M

Rev. Growth (Yr)

18.2%

Rev. Growth (Qtr)

5.83%

ATLO Earnings

Earnings (TTM)

10.8M

Earnings Growth (Yr)

-51.52%

Earnings Growth (Qtr)

-26.85%

Breaking Down ATLO Revenue

Last 7 days

1.2%

Last 30 days

-0.2%

Last 90 days

-2.3%

Trailing 12 Months

7.7%

How does ATLO drawdown profile look like?

ATLO Financial Health

Debt/Equity

0.02

Debt/Cashflow

5.51

ATLO Investor Care

Dividend Yield

5.52%

Dividend/Share (TTM)

1.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	64.7M	68.3M	71.2M	74.3M
2022	59.6M	59.1M	59.2M	61.6M
2021	62.1M	61.8M	61.6M	60.5M
2020	58.5M	60.4M	62.8M	62.9M
2019	51.5M	53.2M	54.3M	56.2M
2018	46.5M	47.0M	47.9M	49.7M
2017	44.3M	44.7M	45.3M	45.8M
2016	43.5M	43.6M	43.8M	44.0M
2015	41.6M	42.3M	43.0M	43.2M
2014	39.0M	39.7M	40.1M	41.0M
2013	38.2M	38.0M	38.1M	38.4M
2012	37.7M	37.8M	37.9M	38.1M
2011	37.0M	37.2M	37.3M	37.6M
2010	0	38.4M	37.8M	37.3M
2009	0	0	0	38.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Ames National Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	cassabaum michelle r	bought	1,306	19.5	67.00	-
Mar 01, 2024	cassabaum michelle r	bought	5,640	18.8	300	-
Feb 07, 2024	larson james r ii	bought	4,550	18.2	250	-
Feb 06, 2024	larson james r ii	bought	4,650	18.6	250	-
Feb 02, 2024	larson james r ii	bought	3,934	19.6736	200	-
Jan 31, 2024	cassabaum michelle r	bought	1,246	21.86	57.00	-
Nov 30, 2023	cassabaum michelle r	bought	5,707	18.41	310	-
Nov 20, 2023	putzier jeffrey k	bought	3,810	19.05	200	-
Oct 31, 2023	cassabaum michelle r	bought	1,574	16.75	94.00	-

Which funds bought or sold ATLO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 30, 2024	Avior Wealth Management, LLC	new	-	60.00	60.00	-%
Apr 29, 2024	COMMONWEALTH EQUITY SERVICES, LLC	added	0.04	-34,000	587,000	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-7.12	-99,226	716,358	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.3	-10,000	6,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	22,197	99,722	-%
Apr 17, 2024	Iron Horse Wealth Management, LLC	unchanged	-	-338	5,872	-%
Apr 11, 2024	City State Bank	reduced	-76.92	-22,000	6,000	-%
Apr 11, 2024	West Financial Advisors, LLC	unchanged	-	-933	16,225	-%
Apr 09, 2024	Foster Group, Inc.	added	1.91	52,812	273,232	0.01%
Apr 05, 2024	CWM, LLC	added	0.06	-2,000	32,000	-%

Are Funds Buying or Selling ATLO?

Are funds buying ATLO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ATLO

No. of Funds

Unveiling Ames National Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	fourthstone llc	0.00%	0	SC 13G/A
Feb 13, 2024	vanguard group inc	5.41%	486,925	SC 13G
Jan 26, 2024	blackrock inc.	7.2%	648,408	SC 13G
Feb 14, 2023	fourthstone llc	8.00%	719,162	SC 13G
Jul 12, 2021	blackrock inc.	1.5%	139,984	SC 13G/A
Jan 29, 2021	blackrock inc.	6.8%	617,790	SC 13G/A
Jan 29, 2021	royce & associates lp	1.31%	119,330	SC 13G/A
Feb 05, 2020	blackrock inc.	6.4%	592,549	SC 13G/A
Jan 21, 2020	royce & associates lp	5.96%	549,410	SC 13G/A

Recent SEC filings of Ames National Corp

View All Filings

Date Filed	Form Type	Document
May 01, 2024	3	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
Apr 26, 2024	8-K	Current Report
Apr 19, 2024	8-K	Current Report
Mar 12, 2024	DEF 14A	DEF 14A
Mar 12, 2024	DEFA14A	DEFA14A
Mar 08, 2024	10-K	Annual Report

Peers (Alternatives to Ames National Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	551.1B	174.7B	-3.54%	38.14%	10.95	3.15	53.11%	19.83%
BAC	288.9B	127.4B	-1.55%	31.18%	11.54	2.27	44.27%	-12.56%
WFC	213.0B	85.7B	3.37%	54.52%	11.13	2.49	41.49%	39.96%
C	117.3B	133.3B	-3.26%	33.46%	12.72	0.88	79.09%	-
CFG	15.9B	10.2B	-2.61%	28.89%	9.9	1.56	44.53%	-22.43%
KEY	13.7B	7.9B	-5.10%	51.39%	14.2	1.73	46.47%	-49.56%
MID-CAP
CMA	6.8B	4.2B	-5.36%	37.59%	9.77	1.6	34.68%	-45.96%
ZION	6.2B	3.9B	-2.65%	74.92%	9.12	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	1.24%	56.23%	12.32	2.59	43.24%	-22.35%
ASB	3.3B	1.8B	1.41%	32.74%	20.23	1.77	32.64%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	388.4M	164.9M	-7.99%	41.28%	33.21	2.36	42.66%	-70.76%
AROW	385.2M	162.6M	-4.83%	14.80%	12.81	2.37	25.39%	-38.37%
ACNB	282.2M	96.6M	-7.32%	15.29%	8.91	2.92	11.02%	-11.37%
ASRV	41.8M	60.9M	4.72%	-16.15%	-12.5	0.69	24.06%	-144.92%

Ames National Corp News

Latest updates

Ames National Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	5.8%	20.00	19.00	18.00	17.00	17.00	16.00	15.00	14.00	14.00	16.00	15.00	15.00	16.00	16.00	16.00	16.00	15.00	14.00	14.00	14.00	13.00
EBITDA Margin	-11.5%	0.79*	0.89*	1.03*	1.17*	1.30*	1.39*	1.43*	1.45*	1.46*	1.43*	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	2.6%	11.00	11.00	11.00	12.00	13.00	14.00	14.00	13.00	14.00	15.00	14.00	14.00	14.00	14.00	14.00	13.00	13.00	11.00	11.00	11.00	11.00
Income Taxes	-43.0%	0.00	1.00	0.00	1.00	1.00	1.00	2.00	1.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	0.00	1.00	1.00	1.00	1.00
Earnings Before Taxes	-29.6%	2.00	4.00	3.00	4.00	6.00	7.00	6.00	6.00	7.00	9.00	7.00	8.00	6.00	7.00	5.00	4.00	5.00	5.00	6.00	5.00	5.00
EBT Margin	-22.3%	0.17*	0.22*	0.28*	0.35*	0.41*	0.45*	0.48*	0.50*	0.51*	0.49*	-	-	-	-	-	-	-	-	-	-	-
Net Income	-26.8%	2.00	3.00	3.00	3.00	4.00	6.00	4.00	5.00	5.00	7.00	6.00	6.00	5.00	6.00	4.00	4.00	4.00	4.00	5.00	4.00	4.00
Net Income Margin	-20.8%	0.15*	0.18*	0.23*	0.27*	0.31*	0.34*	0.36*	0.39*	0.40*	0.39*	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	402.6%	5.00	1.00	3.00	5.00	5.00	3.00	3.00	6.00	6.00	6.00	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	2,155	2,154	2,174	2,190	2,135	2,087	2,131	2,185	2,137	2,096	2,085	2,100	1,976	1,910	1,897	1,798	1,737	210	1,500	1,469	1,472
Cash Equivalents	-38.8%	55.00	90.00	93.00	87.00	28.00	29.00	75.00	148	2.00	-	-	-	3.00	-	-	32.00	5.00	-	33.00	23.00	24.00
Net PPE	3.3%	23.00	22.00	21.00	20.00	19.00	18.00	18.00	18.00	18.00	17.00	17.00	17.00	17.00	17.00	18.00	18.00	18.00	-	16.00	16.00	16.00
Goodwill	0%	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	3.00	10.00	10.00	10.00
Liabilities	-0.9%	1,990	2,007	2,019	2,031	1,986	1,950	1,974	2,008	1,929	1,886	1,875	1,895	1,766	1,704	1,696	1,609	1,550	-	1,314	1,285	1,295
Long Term Debt	-	3.00	-	-	-	4.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	13.1%	166	147	155	159	149	137	157	177	208	210	210	204	209	206	201	188	188	-	186	183	178
Retained Earnings	-0.2%	180	181	180	180	180	178	175	173	170	167	165	162	158	155	152	147	146	-	144	142	140
Additional Paid-In Capital	0%	14.00	14.00	14.00	14.00	14.00	14.00	14.00	16.00	16.00	16.00	17.00	17.00	17.00	17.00	17.00	18.00	19.00	-	19.00	19.00	19.00
Shares Outstanding	0%	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	159	-	-	-	196	-	-	-	220	-	-	-	177	-	-	-	-	246	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	173.1%	6,393	2,341	3,978	6,495	6,231	3,740	4,276	6,984	6,784	6,289	8,015	9,382	8,390	3,397	6,239	11,686	5,841	3,438	4,616	6,284	5,234
Cashflow From Investing	-296.9%	-19,776	10,045	17,350	11,443	-41,397	-22,459	-39,186	-24,342	-91,270	-30,442	-68,992	-77,863	-6,062	-21,218	-88,687	-68,297	-46,095	-18,295	5,109	-19,679	-935
Cashflow From Financing	-38.1%	-21,579	-15,622	-15,215	41,364	33,795	-26,704	-38,744	76,561	42,387	5,382	-21,845	128,205	60,820	8,043	82,919	54,051	41,386	25,727	-11,243	7,144	766
Dividend Payments	0%	2,428	2,428	2,428	2,428	2,428	2,428	2,455	2,364	2,365	2,371	2,372	2,281	2,281	2,280	2,298	2,213	2,213	2,216	2,218	2,137	2,142
Buy Backs	-	-	-	-	-	-	-	2,300	-	139	571	-	-	-500*	-	1,286	707	-	244	278	1,286	-

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ATLO Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest and dividend income:
Loans, including fees	$ 56,810	$ 45,956
Securities:
Taxable	12,674	12,101
Tax-exempt	2,292	2,595
Other interest and dividend income	2,525	901
Total interest and dividend income	74,301	61,553
Interest expense:
Deposits	24,471	7,316
Other borrowed funds	5,205	993
Total interest expense	29,676	8,309
Net interest income	44,625	53,244
Credit loss expense (benefit)	789	(874)
Net interest income after credit loss expense (benefit)	43,836	54,118
Noninterest income:
Securities gains, net	35	37
Gain on sale of loans held for sale	362	606
Other noninterest income	1,155	938
Total noninterest income	9,215	9,687
Noninterest expense:
Salaries and employee benefits	23,664	22,909
Data processing	5,985	6,153
Occupancy expenses, net	2,965	2,945
FDIC insurance assessments	1,095	608
Professional fees	2,081	1,888
Business development	1,360	1,427
Intangible asset amortization	502	574
New Markets Tax Credit projects amortization	767	755
Other operating expenses, net	1,743	1,385
Total noninterest expense	40,162	38,644
Income before income taxes	12,889	25,161
Provision for income taxes	2,072	5,868
Net income	$ 10,817	$ 19,293
Basic and diluted earnings per share (in dollars per share)	$ 1.2	$ 2.14
Fiduciary and Trust [Member]
Noninterest income:
Noninterest income	$ 4,649	$ 4,938
Financial Service [Member]
Noninterest income:
Noninterest income	1,349	1,351
Credit and Debit Card [Member]
Noninterest income:
Noninterest income	$ 1,665	$ 1,817

ATLO Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 24,105	$ 20,819
Interest-bearing deposits in financial institutions and federal funds sold	30,996	7,065
Total cash and cash equivalents	55,101	27,884
Interest-bearing time deposits	8,904	14,669
Securities available-for-sale	736,389	786,438
Federal Home Loan Bank (FHLB) and Federal Reserve Bank (FRB) stock, at cost	3,086	4,613
Loans receivable, net	1,277,812	1,226,011
Loans held for sale	124	154
Bank premises and equipment, net	22,549	18,895
Accrued income receivable	12,953	11,275
Bank-owned life insurance	3,131	3,054
Deferred income taxes, net	16,496	22,130
Other intangible assets, net	1,429	1,931
Goodwill	12,424	12,424
Other assets	5,083	5,448
Total assets	2,155,481	2,134,926
LIABILITIES
Noninterest-bearing checking	370,942	391,576
Interest-bearing checking	611,891	617,379
Savings and money market	552,275	675,031
Time, $250 and over	67,733	42,886
Other time	208,990	171,085
Total deposits	1,811,831	1,897,957
Securities sold under agreements to repurchase	53,994	40,676
Other borrowings	110,588	39,120
Dividends payable	2,428	2,428
Accrued interest payable	4,710	666
Accrued expenses and other liabilities	6,142	4,981
Total liabilities	1,989,693	1,985,828
STOCKHOLDERS' EQUITY
Common stock, $2 par value, authorized 18,000,000 shares; issued and outstanding 8,992,167 shares as of December 31, 2023 and 2022	17,984	17,984
Additional paid-in capital	14,253	14,253
Retained earnings	180,438	179,931
Accumulated other comprehensive (loss)	(46,887)	(63,070)
Total stockholders' equity	165,788	149,098
Total liabilities and stockholders' equity	$ 2,155,481	$ 2,134,926

About Ames National Corp

Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north central, and south-central Iowa. The company accepts a range of deposits, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; consumer loans to finance consumer purchases, such as automobiles, trucks, recreational vehicles, household furnishings, boats, personal loans, and lines of credit; agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market. In addition, the company offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit of payroll and social security check, and automated/video teller machine access services; and automatic drafts for various accounts, as well as wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online, mobile, and private banking services. Ames National Corporation was founded in 1903 and is headquartered in Ames, Iowa.

CEO	Mr. John P. Nelson
WEBSITE	amesnational.com
INDUSTRY	Banks Diversified
EMPLOYEES	263

Ames National Corp Frequently Asked Questions

What is the ticker symbol for Ames National Corp? What does ATLO stand for in stocks?

ATLO is the stock ticker symbol of Ames National Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ames National Corp (ATLO)?

As of Wed May 01 2024, market cap of Ames National Corp is 175.89 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ATLO stock?

You can check ATLO's fair value in chart for subscribers.

What is the fair value of ATLO stock?

You can check ATLO's fair value in chart for subscribers. The fair value of Ames National Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ames National Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ATLO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ames National Corp a good stock to buy?

The fair value guage provides a quick view whether ATLO is over valued or under valued. Whether Ames National Corp is cheap or expensive depends on the assumptions which impact Ames National Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ATLO.

What is Ames National Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 01 2024, ATLO's PE ratio (Price to Earnings) is 16.26 and Price to Sales (PS) ratio is 2.37. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ATLO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ames National Corp's stock?

In the past 10 years, Ames National Corp has provided 0.023 (multiply by 100 for percentage) rate of return.