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

20.94USD+0.05 (+0.24%)Delayed

Market Summary

USD20.94+0.05

Delayed

0.24%

ATLO Stock Price

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ATLO RSI Chart

ATLO Valuation

Market Cap

188.3M

Price/Earnings (Trailing)

18.97

Price/Sales (Trailing)

2.44

EV/EBITDA

1.41

Price/Free Cashflow

17.63

ATLO Price/Sales (Trailing)

ATLO Profitability

EBT Margin

15.21%

Return on Equity

5.99%

Return on Assets

0.45%

Free Cashflow Yield

5.67%

ATLO Fundamentals

ATLO Revenue

Revenue (TTM)

77.2M

Rev. Growth (Yr)

16.95%

Rev. Growth (Qtr)

1.28%

ATLO Earnings

Earnings (TTM)

9.9M

Earnings Growth (Yr)

-27.93%

Earnings Growth (Qtr)

7.71%

Breaking Down ATLO Revenue

Last 7 days

-0.2%

Last 30 days

10.2%

Last 90 days

14.6%

Trailing 12 Months

17.0%

How does ATLO drawdown profile look like?

ATLO Financial Health

Debt/Equity

0.02

Debt/Cashflow

4.04

ATLO Investor Care

Dividend Yield

5.16%

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
2024	77.2M	0	0	0
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
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.88	-12,763	17,476	-%
May 15, 2024	STATE STREET CORP	added	10.27	99,920	2,436,740	-%
May 15, 2024	MORGAN STANLEY	reduced	-3.04	-128,481	1,417,980	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-27.95	-112,236	239,981	-%
May 15, 2024	BARCLAYS PLC	reduced	-49.66	-131,000	119,000	-%
May 15, 2024	Clarity Asset Management, Inc.	added	1.46	-1,543	36,466	0.03%
May 15, 2024	Squarepoint Ops LLC	reduced	-27.11	-101,599	225,330	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	reduced	-20.78	-82,440	246,196	-%
May 15, 2024	CITADEL ADVISORS LLC	new	-	70,186	70,186	-%
May 15, 2024	Royal Bank of Canada	reduced	-15.03	-63,000	258,000	-%

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 09, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	3	Insider Trading
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

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	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.3%	20.00	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
EBITDA Margin	-6.9%	0.74*	0.79*	0.89*	1.03*	1.17*	1.30*	1.39*	1.43*	1.45*	1.46*	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.5%	11.00	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
Income Taxes	22.4%	0.00	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
Earnings Before Taxes	9.7%	3.00	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
EBT Margin	-12.3%	0.15*	0.17*	0.22*	0.28*	0.35*	0.41*	0.45*	0.48*	0.50*	0.51*	-	-	-	-	-	-	-	-	-	-	-
Net Income	7.7%	2.00	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
Net Income Margin	-11.7%	0.13*	0.15*	0.18*	0.23*	0.27*	0.31*	0.34*	0.36*	0.39*	0.40*	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-75.6%	1.00	5.00	1.00	3.00	5.00	5.00	3.00	3.00	6.00	6.00	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q4	2019Q3	2019Q2
Assets	1.7%	2,192	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
Cash Equivalents	102.2%	111	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
Net PPE	-1.2%	22.00	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
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	12.00	3.00	10.00	10.00
Liabilities	1.8%	2,026	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
Long Term Debt	-100.0%	-	3.00	-	-	-	4.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-0.1%	166	166	147	155	159	149	137	157	177	208	210	210	204	209	206	201	188	188	-	186	183
Retained Earnings	-0.1%	180	180	181	180	180	180	178	175	173	170	167	165	162	158	155	152	147	146	-	144	142
Additional Paid-In Capital	0%	14.00	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
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-78.6%	1,368	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
Cashflow From Investing	192.7%	18,330	-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
Cashflow From Financing	269.6%	36,603	-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
Dividend Payments	0%	2,428	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
Buy Backs	-	-	-	-	-	-	-	-	2,300	-	139	571	-	-	-500*	-	1,286	707	-	244	278	1,286

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ATLO Income Statement

2024-03-31

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income:
Loans, including fees	$ 15,822	$ 13,071
Securities:
Taxable	3,092	3,216
Tax-exempt	535	614
Other interest and dividend income	662	295
Total interest and dividend income	20,111	17,196
Interest expense:
Deposits	7,589	4,715
Other borrowed funds	1,616	812
Total interest expense	9,205	5,527
Net interest income	10,906	11,669
Credit loss expense	169	275
Net interest income after credit loss expense (benefit)	10,737	11,394
Noninterest income:
Securities (losses), net	(165)	0
Gain on sale of loans held for sale	83	50
Other noninterest income	380	302
Total noninterest income	2,177	2,254
Noninterest expense:
Salaries and employee benefits	6,237	5,970
Data processing	1,435	1,321
Occupancy expenses, net	777	810
FDIC insurance assessments	301	170
Professional fees	460	460
Business development	380	359
Intangible asset amortization	87	130
New market tax credit projects amortization	174	192
Other operating expenses, net	343	368
Total noninterest expense	10,194	9,780
Income before income taxes	2,720	3,868
Provision for income taxes	416	671
Net income	$ 2,304	$ 3,197
Basic and diluted earnings per share (in dollars per share)	$ 0.26	$ 0.36
Dividends declared per share (in dollars per share)	$ 0.27	$ 0.27
Fiduciary and Trust [Member]
Noninterest income:
Noninterest income	$ 1,195	$ 1,165
Financial Service [Member]
Noninterest income:
Noninterest income	322	323
Credit and Debit Card [Member]
Noninterest income:
Noninterest income	$ 362	$ 414

ATLO Balance Sheet

2024-03-31

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 18,362	$ 24,105
Interest-bearing deposits in financial institutions and federal funds sold	93,040	30,996
Total cash and cash equivalents	111,402	55,101
Interest-bearing time deposits	7,660	8,904
Securities available-for-sale	723,205	736,389
Federal Home Loan Bank (FHLB) and Federal Reserve Bank (FRB) stock, at cost	3,593	3,086
Loans receivable, net	1,272,580	1,277,812
Loans held for sale	739	124
Bank premises and equipment, net	22,289	22,549
Accrued income receivable	12,246	12,953
Bank-owned life insurance	3,151	3,131
Deferred income taxes, net	16,568	16,496
Other intangible assets, net	1,342	1,429
Goodwill	12,424	12,424
Other assets	4,643	5,083
Total assets	2,191,842	2,155,481
LIABILITIES
Noninterest-bearing checking	354,082	370,942
Interest-bearing checking	645,400	611,891
Savings and money market	570,398	552,275
Time, $250 and over	77,276	67,733
Other time	224,967	208,990
Total deposits	1,872,123	1,811,831
Securities sold under agreements to repurchase	53,037	53,994
Other borrowings	90,284	110,588
Dividends payable	2,428	2,428
Accrued interest payable	2,571	4,710
Accrued expenses and other liabilities	5,859	6,142
Total liabilities	2,026,302	1,989,693
STOCKHOLDERS' EQUITY
Common stock, $2 par value, authorized 18,000,000 shares; issued and outstanding 8,992,167 shares as of March 31, 2024 and December 31, 2023	17,984	17,984
Additional paid-in capital	14,253	14,253
Retained earnings	180,316	180,438
Accumulated other comprehensive (loss)	(47,013)	(46,887)
Total stockholders' equity	165,540	165,788
Total liabilities and stockholders' equity	$ 2,191,842	$ 2,155,481

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 Fri May 17 2024, market cap of Ames National Corp is 188.3 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 Fri May 17 2024, ATLO's PE ratio (Price to Earnings) is 18.97 and Price to Sales (PS) ratio is 2.44. 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 0.028 (multiply by 100 for percentage) rate of return.