ATLO - NASDAQ
Ames National Corporation
$28.56
-1.7%Ames 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.
At a Glance
Live SnapshotAmes National Corporation Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Ames National Corporation Income Statement
ATLO • NASDAQ
| Ames National Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
98.3M | 92.4M | 83.5M | 71.2M | 71M | 73.6M | 64.8M | 57.6M | 53.8M | 52.1M | 51.4M | 49M | 46.2M | 45.5M | 44.6M | 44.1M | 45.8M | 54.6M | 54.8M | 51M | |
GROSS PROFIT | ||||||||||||||||||||
(33.1M) | (38.2M) | (30.5M) | (7.4M) | (3.7M) | (13.8M) | (12.2M) | (8.2M) | (7.1M) | (4.7M) | (5.3M) | (5M) | (5.9M) | (5.8M) | (7.3M) | (8.4M) | (11.8M) | (17.7M) | (23.4M) | (21.1M) | |
65.1M | 54.2M | 53.1M | 63.8M | 67.3M | 59.8M | 52.6M | 49.4M | 46.7M | 47.5M | 46.1M | 44M | 40.3M | 39.7M | 37.3M | 35.7M | 34.1M | 36.8M | 31.3M | 29.8M | |
OPERATING INCOME | ||||||||||||||||||||
(41.9M) | (42M) | (40.2M) | (38.6M) | (36.6M) | (36.6M) | (31.5M) | (28M) | (25.4M) | (24.9M) | (25.3M) | (23.1M) | (21.7M) | (20.8M) | (18.9M) | (18.2M) | (22.8M) | (29.6M) | (16.8M) | (15.5M) | |
(21.2M) | (26.3M) | (24.8M) | (23.5M) | (22.9M) | (23.2M) | (19.9M) | (18.5M) | (16.4M) | (16.2M) | (15.9M) | (14.8M) | (13.8M) | (13.1M) | (12.4M) | (11.9M) | (18.5M) | (13.2M) | (10M) | (9.4M) | |
23.2M | 12.2M | 12.9M | 25.2M | 30.7M | 23.2M | 21M | 21.4M | 21.3M | 22.5M | 20.8M | 20.9M | 18.6M | 18.9M | 18.5M | 17.5M | 11.3M | 7.2M | 14.6M | 14.3M | |
PRE-TAX INCOME | ||||||||||||||||||||
(31.4M) | (37.6M) | (29.7M) | (8.3M) | (4.5M) | (8.1M) | (10.9M) | (7.6M) | (5.6M) | (4.1M) | (4.2M) | (4.5M) | (5.1M) | (5.8M) | (6.7M) | (7.8M) | (10.2M) | (16.4M) | (23.5M) | (21.3M) | |
55.7M | 45M | 44.6M | 53.2M | 56M | 54.8M | 45.2M | 42.1M | 40.2M | 39.9M | 39M | 36.4M | 33.4M | 32.3M | 30.9M | 29.5M | 28.7M | 29.1M | 24M | 23M | |
(20.7M) | (15.7M) | (15.4M) | (15.1M) | (13.8M) | (13.4M) | (11.7M) | (9.5M) | (9M) | (8.7M) | (9.4M) | (8.4M) | (7.9M) | (7.7M) | (6.5M) | (6.3M) | (4.2M) | (16.4M) | (6.7M) | (6.1M) | |
660K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
23.9M | 12.2M | 12.9M | 25.2M | 30.7M | 23.2M | 21M | 21.4M | 21.3M | 22.5M | 20.8M | 20.9M | 18.6M | 18.9M | 18.5M | 17.5M | 11.3M | 7.2M | 14.6M | 14.3M | |
NET INCOME | ||||||||||||||||||||
(4.8M) | (2M) | (2.1M) | (5.9M) | (6.8M) | (4.4M) | (3.8M) | (4.4M) | (7.6M) | (6.8M) | (5.8M) | (5.6M) | (4.7M) | (4.7M) | (4.6M) | (4.5M) | (2.3M) | (845K) | (3.5M) | (3.4M) | |
19M | 10.2M | 10.8M | 19.3M | 23.9M | 18.9M | 17.2M | 17M | 13.7M | 15.7M | 15M | 15.3M | 14M | 14.2M | 13.9M | 13M | 9M | 6.4M | 11M | 10.9M |
SEC Filings
ATLO - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 13, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 01, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 24, 2026 | April 24, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 13, 2026 | April 29, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 12, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 13, 2026 | February 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 23, 2026 | January 23, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 13, 2025 | November 12, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 07, 2025 | September 30, 2025 | 2025 |
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