Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $25.97 USD
Change Today -0.04 / -0.15%
Volume 566.0
As of 12:30 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

ames national corp (ATLO) Snapshot

Open
$25.78
Previous Close
$26.01
Day High
$25.97
Day Low
$25.78
52 Week High
12/17/14 - $26.87
52 Week Low
05/2/14 - $21.23
Market Cap
241.8M
Average Volume 10 Days
10.8K
EPS TTM
$1.55
Shares Outstanding
9.3M
EX-Date
04/29/15
P/E TM
16.8x
Dividend
$0.80
Dividend Yield
2.77%
Current Stock Chart for AMES NATIONAL CORP (ATLO)

Related News

No related news articles were found.

ames national corp (ATLO) Related Businessweek News

No Related Businessweek News Found

ames national corp (ATLO) Details

Ames National Corporation operates as the bank holding company for First National Bank that provides commercial banking services primarily within the central and north central Iowa counties of Boone, Hancock, Marshall, Polk, and Story. It offers a range of deposits, including checking accounts, savings accounts, money market accounts, demand deposits, and certificates of deposit; and loans comprising short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans, and mortgage loans for sale into the secondary market, as well as agricultural and business operating loans and lines of credit. The company also provides cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit of payroll and social security checks, and automated teller machine access, as well as automatic drafts for various accounts. In addition, it offers farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and trust services. The company was founded in 1903 and is headquartered in Ames, Iowa.

224 Employees
Last Reported Date: 03/12/15
Founded in 1903

ames national corp (ATLO) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $287.7K
Chief Financial Officer, Vice President, Secr...
Total Annual Compensation: $214.8K
President of First National Bank and Director...
Total Annual Compensation: $184.2K
President of Boone Bank & Trust Co and Direct...
Total Annual Compensation: $157.8K
President of State Bank & Trust Co and Direct...
Total Annual Compensation: $142.1K
Compensation as of Fiscal Year 2014.

ames national corp (ATLO) Key Developments

Ames National Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year Ending December 31, 2015

Ames National Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net interest income of $9,445,267 against $8,733,785 a year ago. Income before income taxes was $4,995,329 against $6,311,236 a year ago. Net income was $3,634,929 or $0.20 basic and diluted per share against $4,526,091 or $0.18 basic and diluted per share a year ago. Return on average assets was 1.45%, compared to 1.18% for the same period in 2013. Return on average assets was 1.10% for the quarter ended March 31, 2015, compared to 1.45% for the same period in 2014. Return on average equity was 9.25% for the quarter ended March 31, 2015, compared to the 12.43% in 2014. A increase of net interest income of $711,000, or 8%, compared to the same quarter a year ago, due primarily to growth in the real estate loan portfolio. The lower earnings were primarily related to a gain on the sale of premises and equipment of $1,257,000, or $0.08 per share after tax, in 2014 with no corresponding gain recorded in 2015. The company is forecasting earnings for the year ending December 31, 2015 in the range of $1.58 to $1.64 per share compared to $1.64 per share earned for the year ended December 31, 2014.

Ames National Corporation Announces Board Resignations; Declares Cash Dividend, Payable on May 15, 2015

Ames National Corporation announced that Robert L. Cramer and Warren R. Madden will retire as Directors of the company effective as of the end of their current terms of service, which will conclude at the company's annual meeting of shareholders held on April 29, 2015. On February 11, 2015, the company declared a cash dividend of $0.20 per common share, which is a 11.1% increase from the previous dividend of $0.18 per share. The dividend is payable May 15, 2015, to shareholders of record at the close of business on May 1, 2015.

Ames National Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Ames National Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total interest income of $10,778,012 compared to $9,905,433 a year ago. Net interest income after provision for loan losses was $9,387,371 compared to $8,035,868 a year ago. Income before income taxes was $4,162,172 compared to $4,510,841 a year ago. Net income was $3,138,707 compared to $3,376,947 a year ago. Basic and diluted earnings per share were $0.34 compared to $0.36 a year ago. Net interest income was $9,686,491 compared to $8,656,296 a year ago. Return on average assets was 0.96% for the quarter ended December 31, 2014, compared to 1.09% for the same period in 2013. Return on average equity was 8.07% for the quarter ended December 31, 2014, compared to the 9.45% in 2013. The lower earnings were a result of impairment write downs on other real estate owned, offset in part by increases in net interest income and securities gains. For the full year, the company reported total interest income of $40,964,351 compared to $38,433,813 a year ago. Net interest income after provision for loan losses was $35,988,110 compared to $32,572,660 a year ago. Income before income taxes was $20,866,726 compared to $18,611,566 a year ago. Net income was $15,251,207 compared to $13,953,644 a year ago. Basic and diluted earnings per share were $1.64 compared to $1.50 a year ago. Net interest income was $36,417,250 compared to $33,359,050 a year ago. Return on average assets was 1.21% for the year ended December 31, 2014, compared to 1.14% for the same period in 2013. Return on average equity was 10.09% for the year ended December 31, 2014, compared to the 9.76% in 2013. Net income increased primarily due to increases in net interest income gain on the sale of bank premises and equipment and wealth management income, offset in part by increases in salaries and benefits and other real estate owned expenses.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ATLO:US $25.97 USD -0.04

ATLO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for ATLO.
View Industry Companies
 

Industry Analysis

ATLO

Industry Average

Valuation ATLO Industry Range
Price/Earnings 16.9x
Price/Sales 5.6x
Price/Book 1.5x
Price/Cash Flow 16.9x
TEV/Sales 1.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AMES NATIONAL CORP, please visit www.amesnational.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.