Ames National (ATLO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Ames National's net interest income rose from $10.9M in 2024Q2 to $17.0M in 2026Q3, with 20.7% year-over-year growth and the efficiency ratio improving from 79.6% to 55.0%, suggesting a meaningful operating recovery.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 16, 2026 | $0.80+17.6% vs $0.68 | $27M+40.4% vs $19M |
Q3 2026 Jul 17, 2026 | $0.67+3.1% vs $0.65 | $26M+39.7% vs $19M |
Q2 2026 Apr 24, 2026 | $0.67+8.1% vs $0.62 | $25M+38.1% vs $18M |
Q1 2026 Jan 23, 2026 | $0.73 vs — | $26M vs — |
Ames National (ATLO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Ames National (ATLO) and Northern Trust Corporation (NTRS) have performed compared to their sector so far this year.
BBCP, ATLO and UCB made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 22, 2026.
Ames National (ATLO) came out with quarterly earnings of $0.8 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.51 per share a year ago.

Benchmark ATLO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Ames National Corporation (ATLO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $33.90 | $300.26M | 11.80 | 21.93% | 33.32% | 12.2% | 2.35% | |
| $25.91 | $332.94M | 15.57 | 34.4% | 13.2% | 6.58% | 2.56% | |
| $74.18 | $620.31M | 10.60 | 9.89% | 31.92% | 14.87% | 1.6% | |
| $28.39 | $1.17B | 15.11 | 13.51% | 28.67% | 7.32% | 3.34% | |
| $23.38 | $225.48M | 16.12 | -9.39% | 28.36% | 7.64% | 1.59% | |
| $50.78 | $1.79B | 12.51 | 4.75% | 35.58% | 10.12% | 2.71% |
Ames National Corporation (ATLO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Ames National Corporation (ATLO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 16, 2026·SEC
Aug 13, 2026·SEC
May 15, 2026·SEC
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Ames National Corporation (ATLO) stock FAQ — growth, dividends, profitability & financials explained
Ames National Corporation (ATLO) grew revenue by 21.5% over the trailing twelve months, compared with the twelve months before.
Yes. Ames National Corporation (ATLO) earned $25.5M in net income over the trailing twelve months (a 33.3% net margin).
Yes. Ames National Corporation (ATLO) pays a dividend that yields 2.35% at the current price, a moderate yield.
Ames National Corporation (ATLO) had a return on equity (ROE) of 12.2% over the trailing twelve months. That is in line with the market's typical 10-15%.
Ames National Corporation (ATLO) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.
Ames National Corporation (ATLO) has an efficiency ratio of 62.7%. This is reasonable for a bank.