AMES NATIONAL CORP
AMES NATIONAL CORP
AMES NATIONAL CORP (ATLO) — SEC Financial Statements & Analysis
AMES NATIONAL CORP (ATLO) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash And Due From Banks | 21 | 20 | 23 | 24 | 20 | 20 | 23 | 25 | 18 | 24 | 22 | 22 | |||||
Interest Bearing Deposits In Banks | 97 | 106 | 85 | 71 | 143 | 82 | 36 | 38 | 93 | 31 | 68 | 71 | |||||
Cash And Cash Equivalents At Carrying Value | 118 | 127 | 108 | 95 | 163 | 101 | 59 | 63 | 111 | 55 | 90 | 93 | |||||
Available For Sale Securities Debt Securities | - | - | - | - | 640 | 649 | 689 | 691 | 723 | 736 | 737 | 759 | |||||
Debt Securities Available For Sale Excluding Accru… | 689 | 656 | 651 | 645 | - | 649 | - | - | - | - | - | - | |||||
Federal Home Loan Bank Stock And Federal Reserve B… | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 3 | 4 | 4 | |||||
Loans And Leases Receivable Net Reported Amount | - | - | - | - | - | - | - | - | - | - | 1,232 | 1,233 | |||||
Notes Receivable Net | - | - | - | - | 1,306 | 1,304 | 1,296 | 1,281 | 1,273 | 1,278 | - | - | |||||
Assets | |||||||||||||||||
Assets | 2,143 | 2,134 | 2,108 | 2,093 | 2,184 | 2,133 | 2,123 | 2,126 | 2,192 | 2,155 | 2,154 | 2,174 | |||||
Financing Receivable Excluding Accrued Interest Af… | 1,265 | 1,280 | 1,276 | 1,280 | - | 1,304 | - | - | - | - | - | - | |||||
Loans Receivable Held For Sale Net Not Part Of Dis… | 1 | 0 | 1 | 0 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | |||||
Property Plant And Equipment Net | 21 | 21 | 21 | 21 | 21 | 22 | 22 | 22 | 22 | 23 | 22 | 21 | |||||
Interest Receivable | 13 | 14 | 15 | 12 | 12 | 14 | 15 | 12 | 12 | 13 | 14 | 11 | |||||
Other Real Estate | 0 | 0 | - | - | - | 0 | - | - | - | - | - | - | |||||
Bank Owned Life Insurance | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Deferred Income Tax Assets Net | 9 | 7 | 9 | 10 | 12 | 14 | 11 | 16 | 17 | 16 | 23 | 20 | |||||
Finite Lived Intangible Assets Net | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | |||||
Goodwill | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | |||||
Other Assets | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 12 | 5 | 5 | 5 | 5 | |||||
Noninterest Bearing Deposit Liabilities | 331 | 354 | 310 | 309 | 337 | 358 | 335 | 341 | 354 | 371 | 372 | 390 | |||||
Deposits | 1,867 | 1,855 | 1,833 | 1,819 | 1,906 | 1,847 | 1,802 | 1,821 | 1,872 | 1,812 | 1,829 | 1,863 | |||||
Deposits Negotiable Order Of Withdrawal N O W | 661 | 636 | 659 | 630 | 663 | 620 | 612 | 619 | 645 | 612 | 616 | 609 | |||||
Time Deposits At Or Above F D I C Insurance Limit | 81 | 86 | 92 | 89 | 88 | 85 | 80 | 73 | 77 | 68 | 74 | 67 | |||||
Federal Funds Purchased And Securities Sold Under … | 37 | 39 | 41 | 40 | 46 | 52 | 43 | 41 | 53 | 54 | 61 | 48 | |||||
Dividends Payable Current And Noncurrent | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Interest Payable Current And Noncurrent | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 5 | 4 | 2 | |||||
Accounts Payable And Accrued Liabilities Current A… | 10 | 8 | 8 | 7 | 9 | 7 | 7 | 6 | 6 | 6 | 6 | 5 | |||||
Liabilities | 1,935 | 1,926 | 1,907 | 1,900 | 2,001 | 1,958 | 1,940 | 1,959 | 2,026 | 1,990 | 2,007 | 2,019 | |||||
Common Stock Value | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | |||||
Additional Paid In Capital | 12 | 12 | 13 | 13 | 13 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | |||||
Stockholders Equity | |||||||||||||||||
Retained Earnings Accumulated Deficit | 200 | 196 | 191 | 188 | 184 | 182 | 181 | 180 | 180 | 180 | 181 | 180 | |||||
Stockholders Equity | 208 | 208 | 201 | 193 | 183 | 175 | 183 | 167 | 166 | 166 | 147 | 155 | |||||
Accumulated Other Comprehensive Income Loss Availa… | -22 | -18 | -21 | -26 | -32 | -39 | -29 | -45 | -47 | -47 | -66 | -57 | |||||
Liabilities And Stockholders Equity | 2,143 | 2,134 | 2,108 | 2,093 | 2,184 | 2,133 | 2,123 | 2,126 | 2,192 | 2,155 | 2,154 | 2,174 | |||||
Common Stock Par Or Stated Value Per Share | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Common Stock Shares Authorized | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | |||||
Common Stock Shares Issued | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |||||
Shares Outstanding | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.45% | 7.93% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 0.80% | 1.49% | 6.65% | 9.04% | 11.38% | 13.68% | 3.46% | 10.45% | 16.14% | 6.46% | 8.52% | 7.88% |
| 2024 | -0.92% | -0.97% | 4.49% | 3.49% | 0.87% | -8.94% | -6.03% | -8.74% | -1.77% | -4.61% | -1.78% | -2.28% |
| 2023 | 2.77% | 0.06% | 10.16% | -5.84% | -14.26% | -16.43% | 7.30% | 19.89% | 18.54% | 8.09% | 5.73% | 10.57% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | - | - | - | - | - | 2.33 | 1.57 | 1.43 | 1.35 | 1.43 | 1.64 | 2.03 | |||||
Efficiency & Turnover | |||||||||||||||||
| Days Sales Outstanding TTM | - | - | - | - | - | - | - | - | - | - | 90,466.03 | 90,958.01 | |||||
| Receivables Turnover TTM | - | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | |||||
Per Share Metrics | |||||||||||||||||
| Free Cash Flow Per Share TTM | 2.45 | 2.33 | 2.17 | 2.22 | 2.20 | 1.56 | 1.50 | 1.28 | 1.19 | 1.59 | 1.57 | 1.83 | |||||
| Dividend Per Share TTM | 0.84 | 0.80 | 0.80 | 0.88 | 0.95 | 1.01 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | -367.27% | -401.21% | -478.30% | -524.62% | -558.91% | -608.68% | -749.08% | -732.17% | -730.97% | -657.22% | -410.50% | -296.03% | |||||
| Operating Profit Margin TTM | 425.33% | 380.58% | 347.57% | 300.39% | 247.49% | 230.53% | 205.38% | 227.14% | 250.93% | 277.24% | 327.70% | 406.85% | |||||
| Net Profit Margin TTM | 335.42% | 303.41% | 279.54% | 244.31% | 204.30% | 192.43% | 174.96% | 192.17% | 212.10% | 232.67% | 269.56% | 329.88% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 15.54% | 18.10% | 13.41% | 12.70% | 18.81% | 14.22% | 4.10% | 4.37% | -2.99% | -5.85% | 0.89% | -2.76% | |||||
| Net Income Growth (1Y) | 89.70% | 86.21% | 81.21% | 43.27% | 14.44% | -5.54% | -32.44% | -39.20% | -42.78% | -43.93% | -35.13% | -26.42% | |||||
| EPS Growth (1Y) | 90.99% | 88.22% | 83.20% | 44.75% | 15.40% | -5.53% | -32.44% | -39.20% | -42.78% | -43.68% | -35.13% | -25.87% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 11.50 | 10.55 | 10.93 | 11.17 | 13.12 | 13.63 | 17.27 | 17.75 | 16.60 | 15.91 | 10.06 | 8.98 | |||||
| P/B | 1.19 | 0.97 | 0.87 | 0.79 | 0.81 | 0.80 | 0.83 | 1.02 | 1.00 | 1.04 | 0.90 | 0.91 | |||||
| P/S TTM | 38.59 | 32.02 | 30.56 | 27.29 | 26.79 | 26.23 | 30.22 | 34.12 | 35.20 | 37.01 | 27.11 | 29.64 | |||||
| Market Cap | 247.86M | 200.78M | 175.18M | 152.86M | 148.95M | 139.30M | 152.76M | 169.58M | 164.72M | 172.07M | 131.65M | 141.13M | |||||
| Enterprise Value | 129.71M | 74.02M | 67.01M | 57.65M | -14.44M | 38.08M | 93.79M | 106.14M | 53.31M | 116.97M | 41.59M | 47.83M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 21.73M | 20.70M | 19.34M | 19.73M | 19.62M | 14.00M | 13.47M | 11.50M | 10.68M | 14.31M | 14.10M | 16.46M | |||||
| Net Debt | -118.15M | -126.75M | -108.16M | -95.21M | -163.39M | -101.23M | -58.97M | -63.44M | -111.40M | -55.10M | -90.06M | -93.30M | |||||
Per-Share and Margin | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
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| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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