Stocks · Financial Services · Banks - Regional
Ames National Corporation ATLO
$32.36 +1.99% Close, Oct 2, 2026 · NASDAQ · Market cap $286.6M
Strong trend
Next earnings report: Oct 16, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $2.58, up 67.5% year over year.
- Operating margin widened to 28.3% from 17.7% a year earlier.
- The stock is in an uptrend: above its 200-day average for 318 trading days, with the 50-day average above the 200-day.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 48%
- EPS growth (TTM, YoY)Top 17%
- FCF growth (TTM, YoY)Bottom 42%
- Revenue growth, 3-year CAGRBottom 35%
- Revenue growth accelerationTop 38%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 19%
- Gross marginTop 34%
- Operating marginTop 32%
- Cash conversion (OCF / net income)Bottom 35%
- Accruals (lower is better)Bottom 32%
- Net debt / EBITDA (lower is better)Top 11%
- Interest coverTop 49%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 37%
- Free-cash-flow yieldBottom 48%
- EBITDA / enterprise valueTop 16%
- Sales / enterprise valueTop 30%
- P/E vs own 5-year history (lower is better)Bottom 36%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 5%
- 6-month returnTop 30%
- 1-year return vs S&P 500Top 3%
- Distance from 52-week highTop 9%
- Trend checklist (0–4)Top 11%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 11%
- Consecutive EPS beatsTop 42%
- Upside to consensus price targetBottom 7%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 38%
- Maximum drawdown, 3 yearsTop 50%
- Beta vs S&P 500 (lower is better)Top 26%
- Net debt / EBITDA (lower is better)Top 11%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 6.2% | 7.0% | ↑ |
| EPS growth (YoY) | 90.6% | 67.5% | ↓ |
| Gross margin | 61.7% | 71.0% | ↑ |
| Operating margin | 17.7% | 28.3% | ↑ |
| FCF margin | 20.8% | 21.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 7.0% | 6.2% | ↑ | Top 48% |
| EPS growth (TTM, YoY) | 67.5% | 90.6% | ↓ | Top 17% |
| Gross margin | 71.0% | 61.7% | ↑ | Top 34% |
| Operating margin | 28.3% | 17.7% | ↑ | Top 32% |
| Net margin | 22.6% | 14.4% | ↑ | — |
| Free-cash-flow margin | 21.3% | 20.8% | ↑ | — |
| Return on invested capital | 8.4% | — | Top 19% | |
| Revenue growth, 3-year CAGR | 11.3% | — | Bottom 35% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.96×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 0.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -0.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -2.01×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.72%
- Net buyback yield (TTM)
- 0.30%
- Shareholder yield
- 3.02%
- Share count change, 1 year
- -0.7%
- Share count change, 3-year CAGR
- -1.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 2 of 3
- Average EPS surprise, last 4
- -25.8%
- Average 2-day reaction, last 8
- -0.6%
- Positive 20 days after report
- 7 of 8
Analysts
- Consensus price target
- $31.00
- Target vs current price
- -4.2%
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 17, 2026 | +3.1% | -2.7% | -2.2% | +4.4% | — |
| Apr 24, 2026 | +8.1% | -0.4% | +0.0% | +2.2% | +5.1% |
| Jan 23, 2026 | — | -0.8% | +5.2% | +13.8% | +16.8% |
| Oct 17, 2025 | — | -0.4% | +5.3% | +8.3% | +17.1% |
| Aug 8, 2025 | — | -0.1% | +4.1% | +8.9% | +12.6% |
| Apr 17, 2025 | — | +0.5% | +3.7% | +7.4% | +7.7% |
| Mar 12, 2025 | — | -1.7% | -2.0% | -9.1% | -5.4% |
| Jan 24, 2025 | — | +0.7% | +4.0% | +3.7% | -2.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 17, 2026 | $0.67 | $0.65 | +3.1% | $26.0M |
| Apr 24, 2026 | $0.67 | $0.62 | +8.1% | $25.0M |
| Jan 23, 2026 | $0.73 | — | — | $26.1M |
| Oct 17, 2025 | $0.51 | — | — | $24.4M |
| Aug 8, 2025 | $0.51 | — | — | $24.1M |
| Apr 17, 2025 | $0.39 | — | — | $23.7M |
| Mar 12, 2025 | $0.39 | — | — | $23.9M |
| Jan 24, 2025 | $0.39 | — | — | $23.1M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 12.5× | 11.8× | 71th | Top 37% |
| P/E (forward) | 11.9× | — | — | — |
| EV / EBITDA | 7.6× | — | — | Top 16% |
| EV / Sales | 2.23× | — | — | Top 30% |
| Free-cash-flow yield | 7.55% | — | — | Bottom 48% |
| Earnings yield | 7.97% | — | — | Top 37% |
P/E over the past five years
Range 9.1× – 18.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +61.0%
- Earnings per share growth (TTM)
- +67.5%
- Change in P/E multiple
- +0.7%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 2
- Days above the 200-day average
- 318
- 50-day average slope (20 days)
- +3.2%
- 200-day average slope (20 days)
- +3.6%
- Distance from 50-day average
- +2.4%
- Distance from 200-day average
- +13.6%
- RSI (14)
- 56.8
- Relative volume
- 0.74×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 18.6%
- Volatility vs own 5-year history
- 31th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.34
- Correlation with S&P 500
- 0.24
- Current drawdown from 1-year high
- -1.4%
- Maximum drawdown, 3 years
- -28.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 10, 2021 | Oct 24, 2023 | -45.0% | 661 days | 571 days (Feb 4, 2026) |
| Dec 17, 2020 | Feb 1, 2021 | -15.4% | 29 days | 24 days (Mar 8, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $286.6M
- P/E (TTM)
- 12.5
- EPS, diluted (TTM)
- $2.58
- Revenue (TTM)
- $101.5M
- Dividend yield
- 2.84%
- 52-week range
- $19.56 – $32.86
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $71.0M | $71.2M | $83.5M | $92.4M | $98.3M |
| Gross profit | $67.3M | $63.8M | $53.1M | $54.2M | $65.1M |
| Operating income | $30.7M | $25.2M | $12.9M | $12.2M | $23.2M |
| Net income | $23.9M | $19.3M | $10.8M | $10.2M | $19.0M |
| EPS (diluted) | $2.62 | $2.14 | $1.20 | $1.14 | $2.14 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.1M | $23.9M | $23.7M | $24.1M | $24.4M | $26.1M | $25.0M | $26.0M |
| Net income | $2.2M | $3.5M | $3.4M | $4.5M | $4.6M | $6.5M | $6.0M | $5.9M |
| EPS (diluted) | $0.25 | $0.39 | $0.39 | $0.51 | $0.51 | $0.73 | $0.67 | $0.67 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $30.5M | $21.2M | $19.2M | $14.3M | $21.3M |
| Capital expenditure | -$1.9M | -$2.9M | -$4.9M | -$298,000 | -$642,000 |
| Free cash flow | $28.6M | $18.4M | $14.3M | $14.0M | $20.7M |
| Dividends paid | -$9.4M | -$9.7M | -$9.7M | -$9.1M | -$7.1M |
| Net share buybacks | -$710,000 | -$2.3M | $0 | -$704,000 | -$1.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $807.7M
- Total assets
- $2.12B
- Total liabilities
- $1.91B
- Total debt
- $47.4M
- Net debt
- -$59.9M
- Shareholders’ equity
- $213.1M
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 1, 2026 | $0.24 | Sep 15, 2026 |
| Jun 1, 2026 | $0.24 | Jun 15, 2026 |
| Feb 27, 2026 | $0.24 | Mar 13, 2026 |
| Dec 1, 2025 | $0.20 | Dec 15, 2025 |
| Aug 29, 2025 | $0.20 | Sep 15, 2025 |
| May 30, 2025 | $0.20 | Jun 13, 2025 |
| Jan 31, 2025 | $0.20 | Feb 14, 2025 |
| Nov 1, 2024 | $0.20 | Nov 15, 2024 |
Short interest
- Shares sold short
- 312,475
- Days to cover
- 8.63
- Change vs previous report
- -19.3%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 18, 2005
- 3-for-1
- Aug 6, 1998
- 4-for-1