Ames National Corporation (ATLO)

Ames National Corp. reported a strong rebound in profitability for 2025, with net income totaling $19.0 million, contributing to a stock increase of 54.08% between March 24, 2025, and March 23, 2026. In February 2026, the board declared a cash dividend of $0.24 per common share, a 20% increase from the prior quarter. In August 2025, the Board approved the repurchase of an additional 200,000 shares through November 17, 2026, following the completion of a previous repurchase program. An October 2025 analysis highlighted a dividend per share reduction in fiscal year 2024 and a ballooning payout ratio. The company posted Q4 2025 earnings on January 23, 2026, reporting an EPS of $0.73 and quarterly revenue of $15.34 million.

Based on 27 years of historical data, Ames National Corporation exhibits some seasonal tendencies, with a "Poor" consistency score of 35.2. December tends to be the strongest month, with an average return of 2.75%, while August has historically been the weakest month, averaging a -1.99% return. The company has an average annual return of 7.35% with a monthly win rate of 51.9%.

Ames National Corporation (ATLO) is a bank holding company in the Financial Services sector, specifically the Banks - Regional - US industry. It provides banking products and services through six wholly-owned banking subsidiaries, including deposit products, loans, cash management, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit, ATM access, and wealth management services. Online, mobile, and private banking services are also offered.

Ames National Corp.'s operations are based in central, north-central, and south-central Iowa, serving communities within Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union Counties through 18 banking offices across 11 communities. Its primary banking subsidiary is First National Bank in Ames, Iowa, with other locations including Nevada, Boone, Story City, Marshalltown, and Creston.

Ames National Corporation's brand reputation appears positively influenced by its strong rebound in profitability for 2025. The company emphasizes customer focus, local empowerment, and team member-driven values. The earlier reported decline in financial health and a dividend cut in fiscal year 2024 could have potentially impacted investor sentiment, but the subsequent strong financial performance in 2025 and the increased dividend in early 2026 suggest a positive shift.

Ames National Corporation has a significant institutional ownership presence, with 115 institutional owners and shareholders holding 3,287,868 shares as of March 23, 2026. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Fourthstone LLC, Dimensional Fund Advisors Lp, Geode Capital Management, Llc, State Street Corp, Elizabeth Park Capital Advisors, Ltd., Arrowstreet Capital, Limited Partnership, FSSNX - Fidelity Small Cap Index Fund, and Northern Trust Corp.