Ames National Corp
ATLO Nasdaq· National Commercial Banks
Last close · Oct 23, 2026
$33.70
KIRA · Stoqly’s AI analyst, in plain words
- Ames National Corp had $66.8M of revenue in fiscal 2025, up 21.9% on the year before. Over five years, revenue changed +0.4% a year on average.
- Ames National Corp made $19.0M of net profit in fiscal 2025.
- Ames National Corp returned $8.8M to shareholders in fiscal 2025, 43% of free cash flow.
- It earned 9.9% on shareholders’ money. Running costs took 62.7% of revenue (the efficiency ratio; lower is better).
Market cap
—
P/E
—
Revenue
$66.8M
Net income
$19.0M
Return on equity
9.9%
Efficiency ratio
62.7%
Ames National Corp in 30 seconds · fiscal 2025
Are sales growing?
+21.9%
Yes. Sales grew 21.9% last year.
Does it make a profit?
28.5%
Yes. It keeps 28.5% of every sale as profit.
How lean are its costs?
62.7%
Average. Running costs take 62.7% of revenue.
How much does it earn on its capital?
9.9%
Fair. It earns 9.9% a year on shareholders’ money.
What Ames National Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 12, 2026
- Legal name
- AMES NATIONAL CORP
- CIK
- 0001132651
Ames National Corp · ATLO
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $66.5M | $62.9M | $53.8M | $54.8M | $66.8M |
| Revenue growth | 1.6% | −5.4% | −14.4% | 1.8% | 21.9% |
| Net interest income | $56.0M | $53.2M | $44.6M | $45.0M | $55.7M |
| Net income | $23.9M | $19.3M | $10.8M | $10.2M | $19.0M |
| Net margin | 35.9% | 30.7% | 20.1% | 18.6% | 28.5% |
| Diluted EPS | $2.62 | — | — | — | — |
| Cash | |||||
| Cash from operations | $30.5M | $21.2M | $19.2M | $14.3M | $21.3M |
| Capital expenditure | $1.9M | $2.9M | $4.9M | $0.3M | $0.6M |
| Free cash flow | $28.6M | $18.4M | $14.3M | $14.0M | $20.7M |
| FCF margin | 43.0% | 29.2% | 26.6% | 25.5% | 31.0% |
| Dividends paid | $9.4M | $9.7M | $9.7M | $9.1M | $7.1M |
| Share buybacks | $0.7M | $2.3M | $0.0M | $0.7M | $1.7M |
| Debt and strength | |||||
| Cash and short-term investments | $89.1M | $27.9M | $55.1M | $101M | $127M |
| Debt incl. finance leases | — | — | $3.5M | $20.0M | $18.4M |
| Loans, net | $1.1B | $1.2B | — | $1.3B | $1.3B |
| Deposits | $1.9B | $1.9B | $1.8B | $1.8B | $1.9B |
| Shareholders' equity | $208M | $149M | $166M | $175M | $208M |
| Returns and quality | |||||
| Return on equity | 11.5% | 10.8% | 6.9% | 6.0% | 9.9% |
| Return on tangible equity | 12.4% | 14.3% | 7.1% | 6.3% | 9.8% |
| Efficiency ratio | 55.0% | 61.4% | 74.6% | 76.6% | 62.7% |
Insiders bought, 12 months
$0.1M
9 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
Ames National Corp · ATLO
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
KIRA
At $33.70 a share, the company is worth —.
Source: SEC EDGAR XBRL filings (CIK 0001132651). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.