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NASDAQ · Banks - Regional · USD

Ames National Corporation (ATLO) Stock Analysis

Ames National Corporation (ATLO) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

ATLO

$32.66

+$0.37 (+1.15%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ATLO Key Statistics

As of Oct 21, 2026
Trading
Open
$32.44
Previous Close
$32.29
Day's Range
32.37–32.75
52-Week Range
20.35–33.26
Volume
19.40K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.30
Valuation
Market Cap
$289.28M
P/E Ratio
11.38
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
11.03
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.03
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
3.79
EPS (ttm)Profit attributable to each share over the last twelve months.
2.87
Financials (FY)
Revenue (FY)
$66.83M+21.93%
Net Income (FY)
$19.03M+86.21%
Profit marginThe share of revenue left as profit after all costs and taxes.
33.33%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
8.86M
1-Year Return
+64.04%
Dividend and dates
Dividend
$0.96+2.96%
Ex-Dividend Date
September 1, 2026
Avg Volume
29.43K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ATLO closed at $32.66, +64.04% over 1 year.

Ames National Corporation (ATLO) has a market capitalization of $289.28M.

In fiscal 2025, ATLO reported revenue of $66.83M.

ATLO Stock Return by Calendar Year

Ames National Corporation (ATLO) 10-year return: what $10,000 became

1 year
$10,000 $16,404
+64.04%
5 years
$10,000 $17,237
+72.37%
10 years
$10,000 $18,130
+81.30%

If you had invested $10,000 in Ames National Corporation (ATLO) 10 years ago, at the close on October 21, 2016, it would have been worth $18,130 at the close on October 21, 2026: +81.30% in total, +6.13% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+44.70%
2025+45.68%
2024−19.03%
2023−4.47%
2022+0.98%
2021+6.41%
2020−10.41%
2019+14.32%
2018−4.99%
2017−13.19%
2016 (partial year)+21.11%

As of October 21, 2026.

ATLO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$66.83M$19.03M28.5%
2024$54.81M$10.22M18.6%
2023$53.84M$10.82M20.1%
2022$62.93M$19.29M30.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$66.83M——$19.03M28.5%
2024$54.81M——$10.22M18.6%
2023$53.84M——$10.82M20.1%
2022$62.93M——$19.29M30.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

ATLO Dividend History

$0.80−20.8% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.723—
2025$0.804−20.8%
2024$1.014−6.5%
2023$1.084+0.9%
YearDividends per sharePaymentsChange
2026 (partial year)$0.723—
2025$0.804−20.8%
2024$1.014−6.5%
2023$1.084+0.9%
2022$1.074+3.9%
2021$1.034+4.0%
2020$0.994+4.2%
2019$0.954−18.1%
2018$1.164+33.3%
2017$0.874+314.3%
2016$0.211—

Most recent payment: $0.24 per share, ex-dividend September 1, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ATLO Valuation vs Banks - Regional Median

Median of 326 stocks
MetricATLOBanks - Regional medianvs median
P/E11.3812.035% below
P/S ratio3.793.586% above
Profit margin33.33%29.44%3.9 pts above

Medians across 326 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Ames National Corporation (ATLO) is capitalised at $289.28M on the latest close. It is classified in the Banks - Regional industry, within the Financial Services sector. Headcount on file is 247.

The most recent close on file for ATLO is $32.66, dated October 21, 2026. That is +$0.37 (+1.15%) against the previous close. The 52-week range on file runs from $20.35 to $33.26. The latest close sits 60.49% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $66.83M. Against the prior fiscal year total of $54.81M, that is a change of +21.93%. Net income for the same year was $19.03M. That is +86.21% against the prior fiscal year. The reported profit margin is 33.33%. That is 3.9 percentage points above the Banks - Regional median of 29.44%. Trailing earnings per share are 2.87.

Across the 4 fiscal years on file, revenue moves from $62.93M in 2022 to $66.83M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 11.38. That is 5.4% below the Banks - Regional median of 12.03. On forward earnings the ratio is 11.03. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.03. The price-to-sales ratio is 3.79. On price-to-sales that is 5.85% above the Banks - Regional median of 3.58. The medians here are taken across 326 Banks - Regional companies that report the metric.

The reported beta is 0.3. Daily returns over the trailing 10 years annualize to a volatility of 30.17%. Over the trailing twelve months the total return is +64.04%. Measured over 10 years, that is +6.13% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 2.96% on the latest price. That is 0.3 percentage points above the Banks - Regional median yield of 2.68%. At the indicated rate that is $0.96 a share a year. The ex-dividend date on file is September 1, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.72 a share. The year before, 2025, totalled $0.80 a share.

The strongest complete calendar year on file is 2025 at +45.68%; the weakest is 2024 at −19.03%. Of the 9 complete calendar years on file, 4 finished higher. So far in 2026 the total return is +44.70%.

Peer Comparison

Ames National Corporation (ATLO) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Ames National Corporation ATLO $289.28M 11.4
Mizuho Financial Group, Inc. MFG $120.84B 13.7
HDFC Bank Limited HDB $116.51B 14.6
Itaú Unibanco Holding S.A. ITUB $106.91B 12.4

The Banks - Regional industry average P/E ratio is 12.0x. Ames National Corporation trades at a P/E of 11.4.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Ames National Corporation

Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union Counties in central, north-central, and south-central Iowa. It accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. The company also provides loans, such as short-term and medium-term commercial, multi-family and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; consumer loans to finance consumer purchases, such as automobiles, trucks, recreational vehicles, household furnishings, boats, 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, it offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit, 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 headquartered in Ames, Iowa.

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