Ames National Corporation (ATLO)

Ames National Corp. reported its fourth-quarter and full-year 2025 earnings, with increased net income driven by higher yields and lower costs. The company announced its third-quarter 2025 earnings, reporting a decrease in net income due to increased credit loss expense and consultant fees. A quarterly cash dividend of $0.20 per share was declared. The company's stock traded down following its earnings report. The company also had a stock repurchase program.

The provided information does not explicitly detail specific demand seasonality for Ames National Corp.'s products and services. Demand is generally influenced by local economic conditions, including agricultural cycles and general business activity within its service areas.

Ames National Corporation is a bank holding company operating six community banks in central Iowa, providing commercial and consumer banking products and services such as checking and savings accounts, loans, and wealth management.

Ames National Corp. operates exclusively within Iowa, serving 11 communities through 18 banking offices primarily in central, north-central, and south-central Iowa counties.

Ames National Corp. has maintained a reputation as a financially sound community banking organization. Its balance sheet was described as flawless with a proven track record, and its earnings grew significantly. The company's mission emphasizes customer focus, local empowerment, and team member driven values. All six affiliate banks are considered well-capitalized.

Ames National Corporation has significant institutional ownership, with 181 institutional owners holding 26.47% of the company's stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and Dimensional Fund Advisors Lp.