Ames National (ATLO)
Runs six locally branded community banks across Iowa.
Ames National Corporation (NASDAQ:ATLO) Short Interest Up 15.2% in February
Ames National Corporation (NASDAQ: ATLO - Get Free Report) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 250,899 shares, an increase of 15.2% from the February 12th total of 217,831 shares. Based on an average trading volume of 34,811 shares, the days-to-cover ratio is currently 7.2
Ames National (NASDAQ:ATLO) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?
Ames National Corporation (NASDAQ: ATLO - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $22.82 and traded as high as $26.80. Ames National shares last traded at $26.64, with a volume of 43,305 shares changing hands. Wall Street Analysts Forecast
Ames National: Spreads Are Widening Again
Ames National has surged 21% YTD, benefiting from widening interest rate spreads and robust net income growth. ATLO's Q4'25 net income rose 85% to $6.5 million, with ROA doubling and net interest margins improving to 3%. Deposit costs declined despite growth in deposits, while loan yields—especially real estate—rose, driving spread expansion.
Head to Head Contrast: Ames National (NASDAQ:ATLO) & Mercantile Bank (NASDAQ:MBWM)
Ames National (NASDAQ: ATLO - Get Free Report) and Mercantile Bank (NASDAQ: MBWM - Get Free Report) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, analyst recommendations, profitability, earnings, dividends and risk. Insider and Institutional Ownership 26.5% of Ames
Ames National: Appealing Yield But Risky Income Play, Hold
Ames National offers an attractive 4.2% dividend yield, but its long-term dividend sustainability is questionable due to past cuts and volatile earnings. The bank's conservative loan-to-deposit ratio and strong capital position support short-term stability, yet growth prospects remain muted. Recent improvements in efficiency and profitability are positive, but a declining rate environment could pressure future earnings and dividends.
Ames National Grows Income in Q2
Ames National Grows Income in Q2
Ames National: Market's Overreaction To Dividend Cut Creates Opportunity (Rating Upgrade)
Ames National's stock price has plunged over the last six months, mostly due to a dividend cut. There is hope for an earnings revival because the fast-moving deposit costs will likely fall while the slow-moving asset yields will rise in 2025. Loan growth will likely continue at the rate seen in 2023 as the drivers are stable.
Ames National: Reliable Income Stream From A Small Community Bank
ATLO provides a reliable dividend income stream with capital preservation characteristics, making it an ideal holding for retirees and income-oriented investors. Short-term capital fluctuations resulting from rising interest rates have a limited impact on cash flows.
Ames National: High Dividend Yield, Positive Earnings Outlook For Next Year
High agriculture commodity prices and strength in Iowa's job market will likely sustain loan growth through the end of 2023. Higher interest rates will have a lagged impact on the net interest margin.
5 Stocks Insiders Have Boosted Over the Past 2 Months
According to the Insider Cluster Buys Screen, a Premium feature of GuruFocus, five stocks with a high GF Score and high insider buys over the past two months include Ames National Corp. ( ATLO , Financial), Warner Bros. Discovery Inc. ( WBD , Financial), Bankwell Financial Group Inc. ( BWFG , Financial), Northrim BanCorp Inc. ( NRIM , Financial) and Herbalife Nutrition Ltd.
Ames National: Running A Conservative Balance Sheet, But Watch The Book Value
Ames National is a consistently strong performer. A very substantial portion of its assets are invested in securities and the higher market interest rates should boost the interest income.
Ames National Bank: On Its Way To A 4.5% Dividend Yield With A Sub-40% Payout Ratio
Ames National is a small regional bank in Iowa, with a balance sheet total of just over $2B. The loan book remains strong despite the heavy exposure in real estate loans. Less than 0.4% of the loans are past due.
Ames National Corp.: Upside Due To Potential Interest Rate Hikes By End Of 2023
As of June 30, 2021, Ames National Corporation's deposits rose to $1.83 billion from $1.64 billion on June 30, 2020.
2 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock.
Ames National: A Local Bank In Iowa Flying Under The Radar
Ames National is trading at 1.2X tangible book value and about 10 times its normalized earnings. The bank was able to take back some of its 2020 loan loss provisions.
Charles Schwab Investment Management Inc. Has $438,000 Stock Holdings in Ames National Co. (NASDAQ:ATLO)
Charles Schwab Investment Management Inc. boosted its holdings in shares of Ames National Co. (NASDAQ:ATLO) by 5.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,172 shares of the financial services provider’s stock after purchasing an additional 1,142 shares […]
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Insider Buys Ames National's Stock
Nelson John Patrick filed a Form 4 with the SEC on Tuesday, September 15. The insider bought 1,346 shares of Ames National Inc (NASDAQ:ATLO) at an average price of $18.58. After...
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