AMES NATIONAL CORP (ATLO)
Financials · regional banks · NASDAQ
Regional Iowa bank holding company generating net interest income and wealth management services across six community-focused banking subsidiaries in central and south-central Iowa.
What AMES NATIONAL CORP does
Ames National Corporation is an Iowa-based bank holding company that owns six banking subsidiaries (one national bank and five state-chartered banks) operating across central and south-central Iowa. The company generates revenue primarily from net interest income on commercial, agricultural, and residential real estate loans; investment securities; and wealth management services. Its principal operations span deposit-taking, lending, trust services, and merchant card processing across its bank network.
Themes: community banking, agricultural lending, wealth management, commercial real estate finance
Fundamentals
- Price$31.76 as of 2026-08-21 close
- Market cap$281M as of 2026-08-21
- 1-year return+67.8% 2025-08-21 close $18.93 → 2026-08-21 close $31.76
- P/E13.07 as of 2026-08-24
- Net margin+23.4% as of 2026-08-24
- ROE+10.7% as of 2026-08-24
- Debt / equity0.19 as of 2026-08-24
- Revenue growth (YoY)+20.3% as of 2026-08-24
- Beta0.30 as of 2026-08-24
- Last reported earnings2026-07-17 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +5.8%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
How ATLO compares in its sector
- price-to-earnings ratiomiddle range 525 covered Financials peers, as of 2026-08-24
- net profit marginmiddle range 538 covered Financials peers, as of 2026-08-24
- operating marginmiddle range 534 covered Financials peers, as of 2026-08-24
- return on equitymiddle range 575 covered Financials peers, as of 2026-08-24
- indicated dividend yieldtop 25% 453 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, ATLO's dividend was covered by reported results (earnings payout 37%, free-cash-flow payout 34%). This describes past coverage, not a forecast.
- Earnings payout37% dividends / net income
- Free-cash-flow payout34% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How AMES NATIONAL CORP looks technically
AMES NATIONAL CORP (ATLO) is trading 17.7% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 284 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 25, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 60, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 1 trading day ago (its momentum flipped negative). It made a new 20-day high about 4 trading days ago. It is 1.7% below its 52-week high (its highest price of the past year). Trading volume is running unusually high — about 2.3× its 30-day average, a sign of heightened interest.
Trend
8
| Distance from the 200-day | it is trading 17.7% above its 200-day average, the long-term trend line — a longer-term uptrend | +17.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $30.36 | $30.36 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $26.98 | $26.98 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 30 calendar days ago — the swings before that are what the structure reading is measured on | 30 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 28.79. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 284 trading days ago — a "golden cross", a bullish long-term signal | 284 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 25, with buyers in control | 25.4 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 60, neither overbought (above 70) nor oversold (below 30) | 60.2 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($30.24 to $32.30) — its "stochastic" reading is 74 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 73.8 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 1 trading day ago (its momentum flipped negative) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $32.30 | $32.30 |
|---|---|---|
| From the 52-week high | it is 1.7% below its 52-week high (its highest price of the past year) | -1.7% |
| Above the 52-week low | it is 67.8% above its 52-week low (its lowest price of the past year) | +67.8% |
| Below the 52-week high | it is 1.7% below its highest point of the past year | 1.7% |
| Since a 20-day breakout | it made a new 20-day high about 4 trading days ago | 4 sessions |
| Since a 55-day breakout | it made a new 55-day high about 4 trading days ago | 4 sessions |
| All-time high | its highest closing price on record is $42.82 (set on 2005-07-21) | $42.82 |
| Given back of the 52-week move | over the past year its closes ranged ($18.93 to $32.10), and it has given back only a small part of its rise from last year’s low — 3% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $23.54 to $23.96. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 2.6% |
| From the all-time high | it is 25.8% below its all-time high | -25.8% |
| Nearest price level | it is trading 4.3% above a support level at $30.39 — a price it turned at twice since 2026-07-16, most recently on 2026-08-10. Since 2024-08-21 it has 13 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -4.3% |
| All-time low | its lowest closing price on record is $11.92 (set on 2001-10-01) | $11.92 |
| Above the all-time low | it is 166.5% above its all-time low | +166.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 41st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.7234 between its high and its low — about 2.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.7234 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $30.18 and $32.30 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $30.18 – $31.24 – $32.30 |
| Typical daily range (% of price) | its price moves about 2.3% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.3% |
| Stretch from the 200-day average | it is trading 6.6 daily ranges above its 200-day average price (17.7% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 6.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is running unusually high — about 2.3× its 30-day average, a sign of heightened interest | 2.31× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.4% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.4% |
|---|---|---|
| Gap filled | a 3.2% gap down opened on 2026-08-10 has been "filled" 9 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 9 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +1.53% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 4.9 percentage points (the stock gained 7.3% while the market gained 2.3%) | +4.9% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 7.2 percentage points (the stock gained 10.3% while the market gained 3.1%) | +7.2% |
| vs market, 6 months | over the past 6 months this stock beat the market by 3.0 percentage points (the stock gained 14.0% while the market gained 11.1%) | +3.0% |
| vs market, 12 months | over the past 12 months this stock beat the market by 47.3 percentage points (the stock gained 67.8% while the market gained 20.5%) | +47.3% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 6.0% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-15 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thin, spanning 0.6% of the share price, which is taken to mean a barrier that gives way easily. | +6.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 11% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $28.67 — a volume-weighted average of daily closes over 159 sessions, not a true tick-by-tick VWAP. | +10.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% above the average price paid since it last reported on 2026-07-17 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $30.88 — a volume-weighted average of daily closes over 25 sessions, not a true tick-by-tick VWAP. | +2.9% |
Price levels it has turned at before
ATLO last closed at $31.76 on 2026-08-21. Since 2024-08-21 it has turned at 13 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $30.39 | Support | 4.3% below the last close | turned there twice · 2026-07-16 to 2026-08-10 |
| $29.13 | Support | 8.3% below the last close | turned there four times · 2026-05-04 to 2026-07-22 |
| $28.34 | Support | 10.8% below the last close | turned there five times · 2026-02-06 to 2026-07-09 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $28.79.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Near the 52-week high · Unusually heavy trading volume · MACD just crossed bearish (12/26/9) · in a strong, established uptrend (ADX) · Stretched far above its 200-day average (6+ daily ranges) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (3.00 mean, 1=Strong Buy…5=Strong Sell) — 1 analyst
- Mean price target$33.00 range $33.00 – $33.00
Analyst estimates, as of 2026-08-17. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ATLO
- Consensus EPS estimate$0.68 next reporting period, as of 2026-08-17
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Interest rate risk impacting net interest margin","Credit risk associated with loan portfolios, particularly agricultural and commercial real estate loans","Concentration risk due to operations limited to the state of Iowa"]
What changed in the latest 10-Q
AI-assisted comparison of ATLO's 10-Q filed 2026-05-08 against the prior one filed 2025-11-07.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-08) includes Item 1.A. Risk Factors in table of contents at page 46; older filing (2025-11-07) lists it at page 49
- Newer filing presents financial data for Q1 2026 (three months ended March 31, 2026) compared to Q1 2025; older filing presents Q3 2025 and nine-month data
- Newer filing balance sheet shows March 31, 2026 and December 31, 2025 comparison dates; older filing shows September 30, 2025 and December 31, 2024
- Newer filing consolidated statements of income show only three-month periods; older filing shows both three-month and nine-month comparative periods
- Removed:
- Older filing (2025-11-07) Item 3 Quantitative and Qualitative Disclosures at page 49 moved to page 46 in newer filing
- Older filing (2025-11-07) Item 4 Controls and Procedures at page 49 moved to page 46 in newer filing
- Older filing nine-month consolidated statements of income data removed from newer filing
- Older filing nine-month consolidated statements of stockholders' equity removed from newer filing
- Nine-month comprehensive income statement data in older filing not presented in newer filing
- Reworded:
- Page numbers for table of contents items shifted: Item 1 Legal Proceedings moved from page 49 to 46, Item 1.A Risk Factors from 49 to 46, Item 2 Unregistered Sales from 50 to 47, Item 3 Defaults from 50 to 47, Item 4 Mine Safety from 50 to 47, Item 5 Other Information from 50 to 47, Item 6 Exhibits from 51 to 48, Signatures from 52 to 49 in newer filing
- Notes:
- The two filings report different fiscal periods (Q1 2026 vs Q3 2025 and nine-month 2025), making direct line-item comparisons of financial metrics limited in scope
- Newer filing appears truncated at end of cash flows statement; comparison of complete cash flows section not fully assessable
- Balance sheet comparison dates differ materially between filings (March 31, 2026 vs September 30, 2025), reflecting different reporting quarters
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
4 open-market purchases and 0 open-market sales by insiders in the last 90 days.
- Last 30 days3 buys ($24341) · 0 sells — 3 buying insiders
- Last 90 days4 buys ($29242) · 0 sells — 3 buying insiders
- Last 180 days8 buys ($45490) · 0 sells — 4 buying insiders
Cluster buying: 3 different insiders reported open-market purchases (SEC code P) of ATLO within a 30-day window between 2026-07-31 and 2026-08-20. Disclosed Form 4 activity, not a prediction of performance or a buy signal.
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-20. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ATLO's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding ATLO as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 814,690
- Reported value $22,990,558
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 3 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
ATLO had 270,576 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
ATLO had 3.05% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 7.79 days to cover at the same settlement.
- Reported short interest (shares) 270,576
- Short interest (% of shares outstanding) 3.05%
- Prior settlement (shares) 241,544
- Reported change 12.02%
- Days to cover (reported) 7.79
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Bank of America (BAC)
- Wells Fargo (WFC)
- U.S. Bancorp (USB)
- Heartland Financial USA (HTLF)
- Great Western Bancorp
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does AMES NATIONAL CORP (ATLO) do?
Ames National Corporation is an Iowa-based bank holding company that owns six banking subsidiaries (one national bank and five state-chartered banks) operating across central and south-central Iowa. The company generates revenue primarily from net interest income on commercial, agricultural, and residential real estate loans; investment securities; and wealth management services.
What sector is AMES NATIONAL CORP (ATLO) in?
AMES NATIONAL CORP (ATLO) is classified in the Financials sector. Its industry is regional banks. It trades on NASDAQ.
Does ATLO pay a dividend?
Yes — AMES NATIONAL CORP (ATLO) pays a dividend, with an indicated yield of about 5.78% and 1-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-24). Informational only — not financial advice.
Who are AMES NATIONAL CORP's (ATLO) competitors?
Notable peers of AMES NATIONAL CORP (ATLO) include Bank of America, Wells Fargo, U.S. Bancorp, Heartland Financial USA and Great Western Bancorp. This peer set is informational only — not financial advice.
Is AMES NATIONAL CORP (ATLO) overbought or oversold right now?
AMES NATIONAL CORP (ATLO) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 60, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ATLO come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.