ATLO
Ames National Corporation
Financial Services · Banks - Regional · NCM
$27.97
Close 2026-05-13
✗ ETHICAL FAIL

MODERATE MOAT
HIGH
Data Confidence: 100%
Full financial profile available
Market Cap
$247.7M
Trailing P/E
11.56
Forward P/E
9.92
Rev Growth
+28.0%
Profit Margin
31.2%
ROE
11.0%
Analyst Target
$31.00
Recommendation
HOLD
About Ames National Corporation

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.

Opportunity Summary
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.
Ethical Screen
Business ActivityFAIL
Debt Ratio (0.00%)PASS
Cash Ratio (0.00%)PASS
Receivables Ratio (0.00%)PASS
Revenue Ratio (0.00%)PASS
OverallFAIL
Score Ethical: 10.0
Score Valuation: 95.0
Score Quality: 76.0
Score Combined: 55.2
Fair Value Est: $42.30 · Margin of Safety: +51.2% · Tier: AVOID

Full Analysis

Opportunity scores, earnings history, insider transactions, institutional holders, analyst consensus, and more.

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Opportunity Scores
Valuation100.0
Quality78.9
Cash Flow50.0
Moat50.0
Balance Sheet100.0
Debt Purity100.0
Liquid Purity100.0
Rev Purity100.0
Compliance100.0
Tier: PLATINUM · Score: 89.8 · Rank: #11
Earnings History (Last 8 Quarters)
DateEPS Est.Reported EPSSurprise %
2026-07-240.65Pending--
2026-04-240.620.67+8.1%
2015-05-070.410.39-3.9%
2015-03-120.420.34-18.5%
2014-10-170.420.40-4.1%
2014-07-180.400.41+3.3%
2014-04-140.400.49+21.3%
2014-01-170.400.36-10.9%
Quarterly Financials
PeriodRevenueNet IncomeEBITDAGross ProfitOp. IncomeEPS
2026-03-31$18.2M$6.0M0.67
2025-12-31$18.7M$6.5M0.73
2025-09-30$16.6M$4.6M0.51
2025-06-30$16.1M$4.5M0.51
2025-03-31$15.5M$3.4M0.39
Insider Transactions
DateNameRoleSharesValue
2026-05-15HAGAN PATRICK GDirector200$5.5K
2026-05-12HAGAN PATRICK GDirector100$2.8K
2026-04-30CASSABAUM MICHELLE RDirector84$2.4K
2026-02-27CASSABAUM MICHELLE RDirector205$5.6K
2026-01-30CASSABAUM MICHELLE RDirector280$7.3K
2025-12-10TROST SCOT ADirector200$4.6K
2025-12-02BAUER SCOTT TOfficer of Subsidiary Company20$434.0
2025-11-26BAUER SCOTT TOfficer of Subsidiary Company187$4.0K
2025-11-21SWARTZ KEVIN LDirector200$4.2K
2025-11-17PUTZIER JEFFREY KOfficer of Subsidiary Company200$4.2K
Top Institutional Holders
HolderSharesValue% Held
Fourthstone LLC683.2K$19.7M0.1%
Blackrock Inc.609.2K$17.5M0.1%
Vanguard Capital Management LLC400.2K$11.5M0.0%
Dimensional Fund Advisors LP273.0K$7.9M0.0%
Geode Capital Management, LLC202.5K$5.8M0.0%
State Street Corporation151.8K$4.4M0.0%
Arrowstreet Capital, Limited Partnership100.4K$2.9M0.0%
Elizabeth Park Capital Advisors, Ltd.80.5K$2.3M0.0%
Northern Trust Corporation69.8K$2.0M0.0%
LPL Financial LLC57.2K$1.6M0.0%
Analyst Recommendations
Last Month
1 analysts
Current
1 analysts
Strong Buy Buy Hold Sell Strong Sell
Additional Fundamentals
Enterprise Value
$185.9M
Price/Book
1.23
Beta
0.294
Analysts
1
Total Revenue (TTM)
$69.1M
Total Debt
$55.1M
Earnings Growth
+74.3%
Dividend Yield
344.0%
Short Ratio
2.32
Short % Float
0.0%
Employees
259

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Trade Consideration
The Opportunity
Score 55.2 (P86 — top 14.2% of scored tickers). Moderate Moat. Ethical FAIL. 1 analysts at None.
Price: $27.97 | Target: $31.00 (+11%) | Fair Value: $42.30 (+51%)
Score
55
Moat
MODERATE
Conviction
Standard
Upside
+11%
The Fundamentals
Revenue Growth+28.0%
Profit Margin31.2%
ROE11.0%
Forward P/E9.9
Market Cap$247.7M
Earnings Track Record
DateEstimateReportedSurprise
2026-07-24$0.65Pending
2026-04-24$0.62$0.67+8.1%
2015-05-07$0.41$0.39-3.9%
2015-03-12$0.42$0.34-18.5%
2014-10-17$0.42$0.40-4.1%
2014-07-18$0.40$0.41+3.3%
Position Sizing Scenarios
Stop: $23.77 (-15%) | Entry: $27.97
SharesCostProfit to TargetR:R
To Consensus ($31.00, 1 analysts)
10$279.70+$30.30 (11%)0.7R
50$1,398.50+$151.50 (11%)0.7R
100$2,797.00+$303.00 (11%)0.7R
To Fair Value ($42.30)
10$279.70+$143.30 (51%)3.4R
50$1,398.50+$716.50 (51%)3.4R
100$2,797.00+$1,433.00 (51%)3.4R
Risk Factors
  • No elevated risk flags in current data
The Verdict
Ames National Corporation holds a moderate competitive moat, is growing revenue at +28.0%, and trades at a 51.2% discount to fair value.
Quantitative Grade

A single score combining all analytical layers below. A is strongest, D is weakest.

B
Quant Score
58.5
Risk Grade
LOW_RISK
Layers
8
Quality: STRONG_EARNINGS_DRIFT
Risk Profile

How much could this ticker lose on a bad day? These metrics measure worst-case scenarios from historical data.

VaR 95%
-2.8%
worst expected daily loss, 19 in 20 days
CVaR 95%
-3.9%
avg loss on the worst 5% of days
Annual Volatility
Sortino Ratio
1.16
above 1.0 is good
Max Drawdown
-25.4%
Worst Day
Forward Outlook

Based on 10,000 simulated price paths, here is the probability of where this ticker could be in 30, 60, and 90 days.

30d Prob Up
90d Prob Up
Median Return 30d
Liquidity Score
65
Liquidity Grade
LIQUID
Trend & Momentum

What direction is this ticker actually moving, filtered through noise? Is it speeding up or slowing down?

Kalman Trend
Trend Strength
Momentum Signal
HMM Regime
RSI Signal
Technical Signals

Classic chart signals that institutional traders monitor. Golden Cross is bullish, Death Cross is bearish.

MA Crossover
ABOVE_200
Bollinger Position
NEAR_UPPER
Beta
Relative Volume
0.9x
Short Interest
Financial Health

Is this company financially sound? The Z-Score measures bankruptcy risk. The F-Score measures fundamental strength.

Altman Z-Score
below 1.81 = distress zone
Piotroski F-Score
Earnings Beat Rate
37.5%
Earnings Consistency
Correlations

These tickers tend to move together (positive) or in opposite directions (negative). Useful for portfolio diversification.

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Inverse Correlated
TickerCorrelation
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Seasonality

Does this ticker have consistent patterns on certain days or months? Historical tendencies, not guarantees.

Best Day
Wednesday
Worst Day
Monday
Best Month
Jan
Worst Month
Oct
Fri-Mon Effect
0.008155487701155054
Earnings Drift

After this company beats earnings, does the price keep going up? Drift tracks post-earnings momentum.

Avg Drift After Beat
+2.6%
Beat Drift Positive %
100.0%
Consistency
Momentum Rankings

How does this ticker's recent performance compare to the entire universe? Ranked across 1, 3, 6, and 12-month returns.

1M Return
+2.7%
3M Return
+5.6%
6M Return
+40.0%
12M Return
+72.6%
Momentum Rank
#950
Momentum Signal
UP

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