tiprankstipranks
Trending News
More News >
Ames National Corporation (ATLO)
:ATLO
US Market
Advertisement

Ames National (ATLO) AI Stock Analysis

Compare
134 Followers

Top Page

ATLO

Ames National

(NASDAQ:ATLO)

Select Model
Select Model
Select Model
Outperform 77 (OpenAI - 4o)
Rating:77Outperform
Price Target:
$23.00
▲(13.75% Upside)
Ames National's overall stock score is driven by strong technical indicators and positive corporate events, such as the stock repurchase program and dividend declaration. While financial performance is solid, there are areas for improvement in operational efficiency and asset growth. The valuation is attractive, balancing growth potential with income.

Ames National (ATLO) vs. SPDR S&P 500 ETF (SPY)

Ames National Business Overview & Revenue Model

Company DescriptionAmes 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; 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 based in Ames, Iowa.
How the Company Makes MoneyAmes National generates revenue primarily through interest income from loans and fees associated with banking services. Key revenue streams include interest earned on various loan products such as mortgages, auto loans, and business loans, which contribute significantly to the company's overall earnings. Additionally, the bank earns non-interest income from service charges on deposit accounts, wealth management fees, and other financial services. The company benefits from strong customer loyalty and a robust local economy, which enhances its lending capacity. Strategic partnerships with local businesses and community organizations further bolster its earnings by fostering customer engagement and expanding its service offerings.

Ames National Financial Statement Overview

Summary
Ames National demonstrates solid financial health with strong revenue and cash flow growth. While profitability margins are generally strong, there is a slight downward trend in EBIT and EBITDA margins which warrants monitoring. The company maintains a balanced leverage profile with a focus on sustainable growth.
Income Statement
75
Positive
Ames National has shown strong revenue growth with a TTM (Trailing-Twelve-Months) revenue increase of 1.49% from the previous year, indicating a positive growth trajectory. The net profit margin improved to 12.10% in the TTM, up from 11.05% in the prior year, showcasing enhanced profitability. Gross profit margin remains robust at 59.47% in the TTM. However, EBIT and EBITDA margins have slightly decreased compared to historical performance, which could be an area of concern if not addressed.
Balance Sheet
70
Positive
The balance sheet reflects a solid equity position with an equity ratio of 8.38% in the TTM, although this is a slight decrease from the previous year due to increased total assets. The debt-to-equity ratio stands at 0.45, indicating prudent leverage management in line with industry norms. Return on Equity (ROE) is strong at 6.21%, driven by consistent net income, though slightly down from the previous year due to increased equity base.
Cash Flow
68
Positive
Cash flow management is a strong point for Ames National, with healthy free cash flow growth of 40.14% in the TTM. The operating cash flow to net income ratio is 1.77, reflecting efficient conversion of income into cash. Free cash flow to net income ratio at 1.73 further underscores robust cash generation capabilities, supporting potential future investments or dividends.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue94.79M92.44M83.52M71.24M71.02M73.56M
Gross Profit58.50M54.22M53.05M63.80M67.29M59.78M
EBITDA18.08M13.93M14.64M27.16M32.70M25.50M
Net Income13.68M10.22M10.82M19.29M23.91M18.85M
Balance Sheet
Total Assets2.09B2.13B2.16B2.13B2.14B1.98B
Cash, Cash Equivalents and Short-Term Investments746.83M302.18M800.39M828.99M937.05M788.52M
Total Debt70.71M99.36M164.58M79.80M42.85M40.29M
Total Liabilities1.90B1.96B1.99B1.99B1.93B1.77B
Stockholders Equity193.03M174.71M165.79M149.10M207.78M209.49M
Cash Flow
Free Cash Flow19.73M14.00M14.31M18.37M28.60M28.46M
Operating Cash Flow20.17M14.30M19.21M21.23M30.47M29.71M
Investing Cash Flow78.71M71.98M19.06M-127.38M-268.57M-184.26M
Financing Cash Flow-67.11M-40.15M-11.05M44.91M154.13M205.83M

Ames National Technical Analysis

Technical Analysis Sentiment
Positive
Last Price20.22
Price Trends
50DMA
19.34
Positive
100DMA
18.42
Positive
200DMA
17.73
Positive
Market Momentum
MACD
0.36
Positive
RSI
58.47
Neutral
STOCH
44.97
Neutral
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 20.22 is below the 20-day moving average (MA) of 20.37, above the 50-day MA of 19.34, and above the 200-day MA of 17.73, indicating a bullish trend. The MACD of 0.36 indicates Positive momentum. The RSI at 58.47 is Neutral, neither overbought nor oversold. The STOCH value of 44.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ATLO.

Ames National Risk Analysis

Ames National disclosed 30 risk factors in its most recent earnings report. Ames National reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Ames National Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$180.64M13.257.60%3.94%6.86%44.24%
77
Outperform
$155.51M9.579.55%3.15%14.58%43.66%
75
Outperform
$178.11M9.7610.30%3.17%12.20%71.87%
72
Outperform
$207.40M14.187.67%2.83%15.18%5.13%
71
Outperform
$161.32M15.595.41%5.08%-12.60%
68
Neutral
$217.39M10.057.67%2.00%7.93%134.03%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ATLO
Ames National
20.22
3.49
20.86%
FSFG
First Savings Financial Group
31.43
8.24
35.53%
LARK
Landmark Bancorp
26.69
8.25
44.74%
MRBK
Meridian Bank
15.79
3.45
27.96%
FRAF
Franklin Financial Services
46.00
16.74
57.21%
BVFL
BV Financial, Inc.
16.12
0.89
5.84%

Ames National Corporate Events

Stock BuybackDividends
Ames National Announces New Stock Repurchase Program
Positive
Aug 13, 2025

On August 13, 2025, Ames National Corporation announced a new stock repurchase program set to begin on August 14, 2025, allowing the company to buy back up to 200,000 shares, approximately 2.2% of its outstanding shares, by November 17, 2026. This initiative, conducted under SEC Rule 10b-18, aims to optimize the company’s liquidity and market conditions. Additionally, the company declared a cash dividend of $0.20 per share, payable on September 15, 2025, to shareholders recorded by September 1, 2025, reflecting its commitment to returning value to its investors.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 09, 2025