Ames National (ATLO) AI Stock Analysis

• Market Cap: $158.61M
• Dividend Yield: 5.28%
• Average Volume (3M): 14.04K
• Price to Earnings (P/E): 14.0
• Beta (1Y): 0.61
• Revenue Growth: 8.65%
• EPS Growth: 15.26%
• Country: US
• Employees: 258
• Sector: Financial
• Sector Strength: 85
• Industry: Banks - Regional
• EPS (TTM): 0.39
• Shares Outstanding: 8,915,557
• 10 Day Avg. Volume: 11,166
• 30 Day Avg. Volume: 14,040
• PEG Ratio: 1.03
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Ames National's overall stock score reflects its strong financial stability, particularly a robust balance sheet with zero debt and stable cash flow management. The company faces challenges with revenue growth, but maintains stable profit margins. The technical analysis suggests neutral momentum, while the valuation is fair with an attractive dividend yield. The absence of earnings call data and significant corporate events leaves these aspects unassessed.

Ames National Business Overview & Revenue Model

Company Description

Ames 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 Money

Ames 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.

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.

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.

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

• Technical Analysis Sentiment: Positive
• Last Price: 17.79
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATLO, the sentiment is Positive. The current price of 17.79 is above the 20-day moving average (MA) of 17.42, above the 50-day MA of 17.46, and above the 200-day MA of 17.53, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 55.63 is Neutral, neither overbought nor oversold. The STOCH value of 81.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ATLO.

Ames National Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LARK	77 Outperform	$167.93M	11.26	11.08%	2.79%	15.90%	27.67%
MRBK	68 Neutral	$159.69M	9.95	9.64%	3.53%	12.41%	34.20%
ATLO	67 Neutral	$158.61M	14.03	6.52%	5.28%	8.65%	15.26%
FRAF	66 Neutral	$173.92M	14.95	8.16%	3.28%	18.74%	―
BVFL	64 Neutral	$166.35M	14.85	5.63%	―	4.11%	-23.57%
Sector *	64 Neutral	$12.82B	9.83	7.68%	17000.34%	12.38%	-5.56%
FSFG	59 Neutral	$192.59M	9.89	11.31%	2.19%	6.80%	161.37%