How this company measures up on the fundamentals that matter
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.
Five compliance checks based on AAOIFI standards — all must pass for ethical clearance
Trading at $28 against a fair value of $42, a 34% discount. Moderate competitive position. 31% profit margins. Fails ethical screen (Business activity). Ranks better than 85% of screened stocks.
Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data
Trading characteristics and market positioning
Balance sheet strength and cash generation — the foundation of long-term value
SEC Form 4 filings — what company insiders are buying and selling
| Date | Insider | Title | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-15 | HAGAN PATRICK G | Director | 200 | $5,538 | |
| 2026-05-12 | HAGAN PATRICK G | Director | 100 | $2,765 | |
| 2026-04-30 | CASSABAUM MICHELLE R | Director | 84 | $2,359 | |
| 2026-02-27 | CASSABAUM MICHELLE R | Director | 205 | $5,586 | |
| 2026-01-30 | CASSABAUM MICHELLE R | Director | 280 | $7,311 | |
| 2025-12-10 | TROST SCOT A | Director | 200 | $4,576 | |
| 2025-12-02 | BAUER SCOTT T | Officer of Subsidiary Company | 20 | $434 | |
| 2025-11-26 | BAUER SCOTT T | Officer of Subsidiary Company | 187 | $4,016 | |
| 2025-11-21 | SWARTZ KEVIN L | Director | 200 | $4,160 | |
| 2025-11-17 | PUTZIER JEFFREY K | Officer of Subsidiary Company | 200 | $4,250 |
Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-05-13