Stock Fundamentals

Company Information

Company Name
Ames National Corporation
Sector
Financial Services
Industry
Banks - Regional
Exchange
NASDAQ
ISIN: US0310011004
CIK: 0001132651
CUSIP: 031001100
Currency: USD
Full Time Employees: 258
Phone: 515 232 6251
Fiscal Year End: December
IPO Date: Feb 15, 2000
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, Taylor, and Union Counties in central, north-central, and south-central Iowa. The company accepts various deposit products, 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, multi-family and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; consumer loans to finance consumer purchases, such as automobiles, trucks, recreational vehicles, household furnishings, boats, 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, 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 incorporated in 1903 and is headquartered in Ames, Iowa.

Address:

323 Sixth Street, Ames, IA, United States, 50010

Directors & Officers

Name Title Year Born
Mr. John P. Nelson President, CEO & Director 1967
Mr. Scott T. Bauer President & Director of First National Bank 1963
Mr. Michael A. Wilson Chief Lending Officer 1965
Mr. Justin C. Clausen CFO & Secretary 1988
Mr. Timothy J. Lupardus Senior VP & Chief Information Officer NA
Ms. Lori J. Hill Valuation Services Coordinator & Administrative Officer NA
Dena M. Gray-Fisher VP & Marketing Director NA
Ms. Jennifer J. Hanson VP & Human Resources Director NA
Joel L. Regenwether Senior VP & Operations Project Manager NA
Mr. Jeffrey K. Putzier President & Director of Boone Bank & Trust Co. 1962

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 622.51K Sep 30, 2025 7.03% $0.00 -4.12%
Vanguard Group Inc 510.11K Dec 31, 2025 5.76% $0.00 0.27%
Fourthstone LLC 438.70K Dec 31, 2025 4.95% $1.89 94.89%
Dimensional Fund Advisors, Inc. 265.92K Dec 31, 2025 3.00% $0.00 3.19%
Geode Capital Management, LLC 214.77K Sep 30, 2025 2.42% $0.00 -0.16%
State Street Corp 125.48K Sep 30, 2025 1.42% $0.00 -0.73%
Elizabeth Park Capital Advisors, Ltd 107.39K Dec 31, 2025 1.21% $2.03 0.00%
Arrowstreet Capital Limited Partnership 98.76K Dec 31, 2025 1.12% $0.00 7.69%
Ames National Corp 89.06K Sep 30, 2025 1.01% $1.07 72.74%
Northern Trust Corp 72.35K Sep 30, 2025 0.82% $0.00 2.02%
Morgan Stanley - Brokerage Accounts 52.86K Sep 30, 2025 0.60% $0.00 -4.15%
Renaissance Technologies Corp 45.08K Dec 31, 2025 0.51% $0.00 -7.77%
LPL Financial Corp 41.61K Sep 30, 2025 0.47% $0.00 0.01%
Segall Bryant & Hamill 39.52K Dec 31, 2025 0.45% $0.01 0.00%
Northwestern Mutual Wealth Management Co 31.00K Sep 30, 2025 0.35% $0.00 0.00%
Bank of New York Mellon Corp 30.28K Sep 30, 2025 0.34% $0.00 3.24%
RBF LLC 30.00K Dec 31, 2025 0.34% $0.03 0.00%
Charles Schwab Investment Management Inc 26.76K Dec 31, 2025 0.30% $0.00 0.00%
AQR Capital Management LLC 24.05K Sep 30, 2025 0.27% $0.00 0.00%
JPMorgan Chase & Co 22.84K Sep 30, 2025 0.26% $0.00 179.80%

Shares Statistics

Shares Outstanding: 8.89M
Shares Float: 8.70M
% Insiders: 137.90%
% Institutions: 3,144.00%
Short % Float: 1.03%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 622.51K 7.03% ▼ 4.12% Sep 30, 2025
2 Vanguard Group Inc 510.11K 5.76% ▲ 0.27% Dec 31, 2025
3 Fourthstone LLC 438.70K 4.95% ▲ 94.89% Dec 31, 2025
4 Dimensional Fund Advisors, Inc. 265.92K 3.00% ▲ 3.19% Dec 31, 2025
5 Geode Capital Management, LLC 214.77K 2.42% ▼ 0.16% Sep 30, 2025
6 State Street Corp 125.48K 1.42% ▼ 0.73% Sep 30, 2025
7 Elizabeth Park Capital Advisors, Ltd 107.39K 1.21% ▲ 0.00% Dec 31, 2025
8 Arrowstreet Capital Limited Partnership 98.76K 1.12% ▲ 7.69% Dec 31, 2025
9 Ames National Corp 89.06K 1.01% ▲ 72.74% Sep 30, 2025
10 Northern Trust Corp 72.35K 0.82% ▲ 2.02% Sep 30, 2025

Valuation Metrics

Enterprise Value: $139.06M
Trailing P/E: 11.84
Forward P/E: 12.76

Financial Highlights

Market Cap: $189.58M
P/E Ratio: $11.84
PEG Ratio: $1.03
Book Value: $22.56
Dividend/Share: $0.60
Dividend Yield: 2.82%
Earnings/Share: $1.80
Profit Margin: 26.46%
Operating Margin: 37.88%
ROA (TTM): 0.76%
ROE (TTM): 8.35%
Revenue (TTM): $60.57M
Revenue/Share (TTM): $6.79
Earnings Growth (YOY): 107.90%
Revenue Growth (YOY): 21.60%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 4.95x 0.19x 0.90x 0.74x 1.57x
2024-12-31 0.17x 0.57x 0.92x 0.33x 7.13x
2023-12-31 0.43x 0.99x 0.92x 0.43x 11.24x
2022-12-31 0.43x 0.54x 0.93x 3.03x 2.94x
2021-12-31 0.49x 0.21x 0.90x 6.84x 1.31x
2020-12-31 0.45x 0.19x 0.89x 2.87x 1.58x
2019-12-31 0.41x 0.25x 0.89x 1.93x 2.06x
2018-12-31 1.48x 0.39x 0.88x 2.82x 2.95x
2017-12-31 1.39x 0.44x 0.88x 3.81x 3.29x
2016-12-31 1.42x 0.43x 0.88x 5.45x 2.96x
2015-12-31 0.53x 0.42x 0.88x 4.98x 3.01x
2014-12-31 0.55x 0.48x 0.88x 4.59x 3.36x
2013-12-31 0.60x 0.42x 0.88x 3.67x 3.03x
2012-12-31 0.65x 0.33x 0.88x 3.29x 2.36x
2011-12-31 0.66x 0.46x 0.87x 2.74x 3.21x
2010-12-31 0.05x 0.76x 0.87x 2.25x 5.06x
2009-12-31 0.06x 0.67x 0.88x 1.10x 5.80x
2008-12-31 0.06x 0.72x 0.88x 0.44x 8.99x
2007-12-31 0.05x 0.50x 0.87x 0.62x 3.56x
2006-12-31 0.04x 0.34x 0.87x 0.67x 2.47x
2005-12-31 0.04x 0.34x 0.87x 0.97x 2.23x
2004-12-31 0.05x 0.58x 0.87x 1.58x 3.51x
2003-12-31 0.07x 0.17x 0.86x 1.54x 1.04x
2002-12-31 0.10x 0.18x 0.85x 1.35x 1.09x
2001-12-31 0.09x 0.12x 0.85x 0.80x 0.74x
2000-12-31 0.07x 0.22x 0.86x 0.52x 1.41x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Feb 27, 2026 Michelle R Cassabaum N/A Purchase 205.00 $27.25 $5.59K
Jan 30, 2026 Michelle R Cassabaum N/A Purchase 280.00 $26.11 $7.31K
Dec 02, 2025 Scott T Bauer N/A Purchase 20.00 $21.68 $433.60
Nov 17, 2025 Jeffrey K Putzier N/A Purchase 200.00 $21.25 $4.25K
Nov 13, 2025 Douglas W Beals N/A Purchase 500.00 $21.37 $10.69K
Oct 31, 2025 Michelle R Cassabaum N/A Purchase 44.00 $20.82 $916.08
Oct 24, 2025 Patrick G Hagan N/A Purchase 300.00 $20.85 $6.26K
Aug 29, 2025 Michelle R Cassabaum N/A Purchase 278.00 $19.83 $5.51K
Jul 31, 2025 Michelle R Cassabaum N/A Purchase 164.00 $18.29 $3.00K
Jun 20, 2025 Jeffery C Baker N/A Purchase 500.00 $17.18 $8.59K
Jun 02, 2025 Horras Betty A Baudler N/A Purchase 100.00 $17.50 $1.75K
May 30, 2025 Michelle R Cassabaum N/A Purchase 314.00 $17.54 $5.51K
May 28, 2025 Horras Betty A Baudler N/A Purchase 100.00 $17.52 $1.75K
May 23, 2025 Douglas W Beals N/A Purchase 400.00 $17.29 $6.92K
May 22, 2025 Patrick G Hagan N/A Purchase 200.00 $17.65 $3.53K
May 21, 2025 Adam Snodgrass N/A Purchase 200.00 $17.80 $3.56K
May 21, 2025 Richard Schreier N/A Purchase 279.00 $17.90 $4.99K
May 02, 2025 Douglas W Beals N/A Purchase 275.00 $17.59 $4.84K
Apr 30, 2025 Michelle R Cassabaum N/A Purchase 122.00 $17.05 $2.08K
Apr 28, 2025 Patrick G Hagan N/A Purchase 500.00 $16.65 $8.33K

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