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Ames National (ATLO)
NASDAQ:ATLO
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Ames National
(NASDAQ:ATLO)
64Neutral
Ames National (ATLO) vs. S&P 500 (SPY)
Market Cap
$157.89M
Dividend Yield5.31%
Average Volume (3M)12.63K
Price to Earnings (P/E)15.6
Beta (1Y)0.84
Revenue Growth10.69%
EPS Growth-5.38%
CountryUS
Employees249
SectorFinancial
Sector Strength82
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.14
Shares Outstanding8,915,557
10 Day Avg. Volume12,151
30 Day Avg. Volume12,630
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.84
Price to Cash Flow (P/CF)6.60
P/FCF Ratio1.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Ames National Business Overview & Revenue Model
Company DescriptionAmes National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. The company accepts a range of deposits, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; 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, the company offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit of payroll and social security check, 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 based in Ames, Iowa.
How the Company Makes MoneyAmes National Corporation generates revenue primarily through interest income from its lending activities, which include commercial, agricultural, real estate, and consumer loans. The company also earns money from non-interest income sources, such as service charges on deposit accounts, fees from fiduciary activities, and gains from the sale of securities. Key revenue streams include interest collected on loans, fees for banking services, and investment income from its securities portfolio. The company's earnings are influenced by factors such as interest rates, economic conditions, and customer demand for its financial products and services.
Ames National Financial Statement Overview
Summary
Ames National exhibits a stable financial position with a strong balance sheet, zero debt, and effective cash flow management. However, challenges with revenue growth and a recent decline in operating cash flow slightly temper the outlook.Income Statement
Ames National's income statement shows moderate performance with stable net income despite fluctuations in revenue. The company experienced a significant decline in total revenue in 2024, leading to a negative revenue growth rate. However, the net profit margin remained relatively stable due to effective cost management.60
Neutral
Balance Sheet
The balance sheet indicates a strong financial position with zero total debt in 2024, improving its debt-to-equity ratio significantly. The equity ratio is healthy, showing a strong capital structure. The return on equity has declined, reflecting the reduction in net income.75
Positive
Cash Flow
Cash flow analysis reveals consistent free cash flow generation. However, there was a decline in operating cash flow in 2024, which may impact future liquidity. The company has managed capital expenditures effectively, maintaining positive free cash flow to net income ratio.70
Positive
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 54.81M | 52.28M | 62.93M | 66.53M | 65.46M | Gross Profit |
| 54.81M | 53.84M | 62.93M | 66.53M | 65.46M | EBIT |
| -51.56M | 0.00 | 34.89M | 30.67M | 23.23M | EBITDA |
| 0.00 | 0.00 | 27.16M | 32.70M | 25.50M | Net Income Common Stockholders |
| 10.22M | 10.82M | 19.29M | 23.91M | 18.85M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 668.04M | 800.39M | 828.99M | 937.05M | 788.52M | Total Assets |
| 2.13B | 2.16B | 2.13B | 2.14B | 1.98B | Total Debt |
| 46.95M | 110.59M | 39.12M | 3.00M | 3.00M | Net Debt |
| -19.52M | 46.58M | -3.43M | -103.05M | -188.52M | Total Liabilities |
| 1.96B | 1.99B | 1.99B | 3.00M | 4.73M | Stockholders Equity |
| 174.71M | 165.79M | 149.10M | 207.78M | 209.49M |
| Cash Flow | Free Cash Flow | |||
| 14.30M | 14.31M | 18.37M | 28.66M | 28.46M | Operating Cash Flow |
| 14.30M | 19.21M | 21.23M | 30.54M | 29.71M | Investing Cash Flow |
| 71.98M | 19.06M | -127.38M | -268.64M | -245.34M | Financing Cash Flow |
| -40.15M | -11.05M | 44.91M | 154.13M | 205.83M |
Ames National Technical Analysis
Negative
17.71
Price Trends
18.08
Negative
17.48
Positive
17.95
Negative
Market Momentum
-0.12
Positive
43.20
Neutral
50.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATLO, the sentiment is Negative. The current price of 17.71 is below the 20-day moving average (MA) of 18.03, below the 50-day MA of 18.08, and below the 200-day MA of 17.95, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 43.20 is Neutral, neither overbought nor oversold. The STOCH value of 50.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ATLO.
Ames National Risk Analysis
Ames National disclosed 29 risk factors in its most recent earnings report. Ames National reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Ames National Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $368.72M | 8.78 | 10.83% | 1.64% | 31.85% | 69.42% | |
70 Neutral | $4.47B | 19.70 | 14.87% | 1.51% | 16.28% | 9.61% | |
68 Neutral | $1.72B | 14.88 | 16.49% | 2.56% | 11.10% | 3.74% | |
64 Neutral | $157.89M | 15.58 | 6.00% | 5.31% | 10.69% | -5.38% | |
64 Neutral | $14.25B | 10.26 | 8.97% | 4.33% | 16.33% | -11.91% | |
59 Neutral | $84.68M | 8.83 | 9.70% | 3.26% | 13.06% | 9.31% | |
58 Neutral | $192.19M | 9.44 | 12.06% | 2.83% | 16.56% | 40.31% |
* Financial Sector Average
Performance Comparison
ATLO
Ames National
17.71
-0.96
-5.14%
CHCO
City Holding Company
117.50
17.03
16.95%
FUNC
First United
29.69
7.56
34.16%
UBOH
United Bancshares
27.00
8.92
49.34%
SFBS
ServisFirst Bancshares
82.60
17.82
27.51%
FRBA
First Bank
14.81
1.87
14.45%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.