Ames National (ATLO)
Runs six locally branded community banks across Iowa.
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Operates locally branded banks that collect deposits, make commercial, agricultural and residential loans, and add trust and wealth-management services. Business is concentrated in Iowa and reported as one banking segment, with earnings shaped mainly by loan spreads, credit quality and local deposit funding.
Operates a multi-bank community banking model through First National Bank, State Bank, Boone Bank, Reliance Bank, United Bank & Trust and Iowa State Savings Bank. The subsidiaries serve central, north-central and south-central Iowa with deposits, local lending, card and cash-management services, and wealth management.
Revenue is driven mainly by net interest income from local loans and deposits, supplemented by trust, payment and deposit-service fees. The loan book is oriented around commercial, agricultural and residential borrowers, while wealth management includes trusts, estate administration, farm management, investment and custody services.
The operating structure depends on local relationship banking, credit quality in Iowa markets, deposit funding, net interest spread management and FDIC and bank-regulatory compliance.
Company facts
Categories
Unavailable right now.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $807.7M · Total debt $47.4M · Total assets $2.12B · Shareholders' equity $213.1M
- Revenue
- $26.0M
- Operating income
- $7.7M
- Net income
- $5.9M
Last raised to $0.24 from $0.20 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Sep 1, 2026 | Sep 1 | Sep 15 | $0.24 | |
| Jun 1, 2026 | Jun 1 | Jun 15 | $0.24 | |
| Feb 27, 2026 | Feb 27 | Mar 13 | $0.24 | raised from $0.20 |
| Dec 1, 2025 | Dec 1 | Dec 15 | $0.20 | |
| Aug 29, 2025 | Sep 1 | Sep 15 | $0.20 | |
| May 30, 2025 | May 30 | Jun 13 | $0.20 | |
| Jan 31, 2025 | Jan 31 | Feb 14 | $0.20 | |
| Nov 1, 2024 | Nov 1 | Nov 15 | $0.20 | cut from $0.27 |
| Institutions103 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | ≈ 43.90% | 3.89M shares | |
| Insiders20 holders · as of Sep 1, 2026 | 1.30% | 115.5K shares | |
| Otherremainder | ≈ 54.80% | 4.85M shares |
8.86M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
BlackRock, Inc.Institution | 7.71% | 683,151 | 13Fas of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.38% | 387,611 | 13Fas of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 3.38% | 299,300 | 13Fas of Jun 30, 2026 |
Curated Wealth Partners LLCInstitution | 2.71% | 240,000 | 13Fas of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 2.52% | 223,415 | 13Fas of Jun 30, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 31, 2026 | Michelle R. Cassabaum | director | +180 | $31.54 |
| Aug 20, 2026 | Douglas W. Beals | director | +325 | $31.16 |
| Aug 14, 2026 | Richard Schreier | other: President of subsidiary bank | +316 | $31.60 |
| Jul 31, 2026 | Michelle R. Cassabaum | director | +140 | $30.20 |
| May 29, 2026 | Michelle R. Cassabaum | director | +170 | $28.83 |
- West Bancorporation
Direct Iowa peer in commercial banking, deposits and trust
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- Great Southern Bancorp
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- First Interstate BancSystem
Larger regional bank with Iowa branches, ag credit and wealth overlap
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Ames National | $32.00 | +0.63% | $281.2M | 12.3 | — | 2.8 | +7.7% |
| West Bancorporation | $28.96 | +0.91% | $488.6M | 12.8 | 10.7 | 2.4 | +19.3% |
| QCR | $101.53 | +2.56% | $1.67B | 11.9 | 11.9 | 2.7 | +19.0% |
| Nicolet Bankshares | $169.66 | −0.02% | $2.93B | 18.9 | 13.2 | 5.6 | +227.9% |
| Great Southern Bancorp | $79.18 | −0.48% | $865.9M | 13.2 | 14.4 | 2.7 | −3.9% |
| First Interstate BancSystem | $37.19 | +2.41% | $3.61B | 11.4 | 13.4 | 3.8 | +6.3% |
| Median | 12.8 | 13.2 | 2.7 | +19.0% |