Ames National (ATLO) AI Stock Analysis

• Market Cap: $165.65M
• Dividend Yield: 4.3%
• Average Volume (3M): 14.07K
• Price to Earnings (P/E): 14.7
• Beta (1Y): 0.65
• Revenue Growth: 8.65%
• EPS Growth: 14.91%
• Country: US
• Employees: 258
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): 0.39
• Shares Outstanding: 8,915,557
• 10 Day Avg. Volume: 20,752
• 30 Day Avg. Volume: 14,073
• PEG Ratio: -0.60
• Price to Book (P/B): 1.43
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 11.61
• Enterprise Value/Market Cap: 1.27
• Enterprise Value/Revenue: 0.64
• Enterprise Value/Gross Profit: 2.55
• Enterprise Value/Ebitda: 6.91
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: $19.50 ▲(4.95%Upside)

Ames National's overall score reflects solid financial performance and an attractive valuation with a strong dividend yield. The technical analysis suggests stable price trends with slight positive momentum. The company's prudent financial management and solid balance sheet position it as a stable option within the regional banking sector.

Ames National Business Overview & Revenue Model

Company Description

Ames National Corporation (ATLO) is a bank holding company based in Ames, Iowa. It operates through its subsidiaries, which are community banks providing a range of financial services primarily in Iowa. The company offers products including loans, deposits, mortgages, and wealth management services, catering to both individual and business clients. Ames National focuses on delivering personalized banking experiences through its local presence and customer-centric approach.

How the Company Makes Money

Ames National Corporation generates revenue primarily through the interest income received from its lending activities. This includes interest from various loan products such as commercial, agricultural, and residential real estate loans. Additionally, the company earns income from service charges on deposit accounts, fees related to wealth management and fiduciary activities, and gains from the sale of loans. The corporation's earnings are also influenced by its investment securities portfolio, which provides interest and dividend income. Significant factors contributing to its earnings include interest rate fluctuations, loan demand, and economic conditions in its primary market of Iowa.

Ames National Financial Statement Overview

Summary

Ames National demonstrates a stable financial position with strong balance sheet metrics, highlighted by zero debt in 2024. The income statement reflects challenges with revenue growth but stable profitability margins. Cash flow generation remains positive, although there was a slight decline in operating cash flow recently. The overall financial health is robust, with strengths in balance sheet stability and cash flow management.

Income Statement

Ames National's income statement shows moderate performance with stable net income despite fluctuations in revenue. The company experienced a significant decline in total revenue in 2024, leading to a negative revenue growth rate. However, the net profit margin remained relatively stable due to effective cost management.

Balance Sheet

The balance sheet indicates a strong financial position with zero total debt in 2024, improving its debt-to-equity ratio significantly. The equity ratio is healthy, showing a strong capital structure. The return on equity has declined, reflecting the reduction in net income.

Cash Flow

Cash flow analysis reveals consistent free cash flow generation. However, there was a decline in operating cash flow in 2024, which may impact future liquidity. The company has managed capital expenditures effectively, maintaining positive free cash flow to net income ratio.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	54.81M	52.28M	62.93M	66.53M	65.46M
Gross Profit	54.81M	53.84M	62.93M	66.53M	65.46M
EBITDA	0.00	0.00	27.16M	32.70M	25.50M
Net Income	10.22M	10.82M	19.29M	23.91M	18.85M
Balance Sheet
Total Assets	2.13B	2.16B	2.13B	2.14B	1.98B
Cash, Cash Equivalents and Short-Term Investments	668.04M	800.39M	828.99M	937.05M	788.52M
Total Debt	46.95M	110.59M	39.12M	3.00M	3.00M
Total Liabilities	1.96B	1.99B	1.99B	3.00M	4.73M
Stockholders Equity	174.71M	165.79M	149.10M	207.78M	209.49M
Cash Flow
Free Cash Flow	14.00M	14.31M	18.37M	28.66M	28.46M
Operating Cash Flow	14.30M	19.21M	21.23M	30.54M	29.71M
Investing Cash Flow	71.98M	19.06M	-127.38M	-268.64M	-245.34M
Financing Cash Flow	-40.15M	-11.05M	44.91M	154.13M	205.83M

Ames National Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATLO, the sentiment is Positive. The current price of 18.58 is above the 20-day moving average (MA) of 17.74, above the 50-day MA of 17.49, and above the 200-day MA of 17.29, indicating a bullish trend. The MACD of 0.21 indicates Negative momentum. The RSI at 58.91 is Neutral, neither overbought nor oversold. The STOCH value of 86.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ATLO.

Ames National Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BVFL	73 Outperform	$166.88M	14.90	5.63%	―	4.10%	-23.42%
BVFL	73 Outperform	$166.88M	14.90	5.63%	―	4.10%	-23.42%
LARK	70 Outperform	$157.18M	10.54	11.08%	2.97%	15.79%	27.67%
LARK	70 Outperform	$157.18M	10.54	11.08%	2.97%	15.79%	27.67%
Sector *	67 Neutral	$16.89B	11.79	9.73%	3.75%	11.97%	-8.33%
ATLO	67 Neutral	$165.65M	14.65	6.52%	4.30%	8.65%	14.91%
FSFG	65 Neutral	$178.65M	9.18	11.31%	2.46%	6.76%	161.37%
FSFG	65 Neutral	$178.65M	9.18	11.31%	2.46%	6.76%	161.37%
FRAF	61 Neutral	$165.22M	14.20	8.16%	3.56%	18.74%	-16.38%
FRAF	61 Neutral	$165.22M	14.20	8.16%	3.56%	18.74%	-16.38%
MRBK	59 Neutral	$157.54M	9.81	9.64%	3.58%	12.41%	34.20%
MRBK	59 Neutral	$157.54M	9.81	9.64%	3.58%	12.41%	34.20%