Ames National: Appealing Yield But Risky Income Play, Hold

Ames National offers an attractive 4.2% dividend yield, but its long-term dividend sustainability is questionable due to past cuts and volatile earnings. The bank's conservative loan-to-deposit ratio and strong capital position support short-term stability, yet growth prospects remain muted. Recent improvements in efficiency and profitability are positive, but a declining rate environment could pressure future earnings and dividends.

Seeking Alpha • Aug 20, 2025

Ames National Grows Income in Q2

Ames National Grows Income in Q2

The Motley Fool • Jul 21, 2025

Ames National: Market's Overreaction To Dividend Cut Creates Opportunity (Rating Upgrade)

Ames National's stock price has plunged over the last six months, mostly due to a dividend cut. There is hope for an earnings revival because the fast-moving deposit costs will likely fall while the slow-moving asset yields will rise in 2025. Loan growth will likely continue at the rate seen in 2023 as the drivers are stable.

Seeking Alpha • Jan 8, 2025

Dividend Champion, Contender, And Challenger Highlights: Week Of April 23

Dividend Champion, Contender, And Challenger Highlights: Week Of April 23.

Seeking Alpha • Apr 23, 2023

Dividend Champion, Contender, And Challenger Highlights: Week Of February 12

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.

Seeking Alpha • Feb 12, 2023

Dividend Champion, Contender, And Challenger Highlights: Week Of January 29

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.

Seeking Alpha • Jan 29, 2023

Ames National: Reliable Income Stream From A Small Community Bank

ATLO provides a reliable dividend income stream with capital preservation characteristics, making it an ideal holding for retirees and income-oriented investors. Short-term capital fluctuations resulting from rising interest rates have a limited impact on cash flows.

Seeking Alpha • Jan 25, 2023

Ames National Corporation Announces Earnings for the Fourth Quarter of 2022

AMES, Iowa, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the fourth quarter of 2022 of $4.4 million, or $0.49 per share, compared to $5.3 million, or $0.58 per share, earned in the fourth quarter of 2021. For the year ended December 31, 2022, net income for the Company totaled $19.3 million or $2.14 per share, compared to $23.9 million or $2.62 per share earned in 2021. The decrease in earnings for the three months and year ended is primarily the result of higher interest expense on deposits and fewer Paycheck Protection Program (“PPP”) fees recognized into income, offset in part by an increase in interest income on loans and taxable securities. The higher interest expense on deposits is due to an increase in market rates. In 2022, the Federal Open Market Committee has increased its target for the federal funds interest rate by 4.25%. The increase in interest income on loans and taxable securities was primarily due to growth in the loan and investment portfolios.

GlobeNewsWire • Jan 20, 2023

Ames National: High Dividend Yield, Positive Earnings Outlook For Next Year

High agriculture commodity prices and strength in Iowa's job market will likely sustain loan growth through the end of 2023. Higher interest rates will have a lagged impact on the net interest margin.

Seeking Alpha • Sep 11, 2022

5 Stocks Insiders Have Boosted Over the Past 2 Months

According to the Insider Cluster Buys Screen, a Premium feature of GuruFocus, five stocks with a high GF Score and high insider buys over the past two months include Ames National Corp. ( ATLO , Financial), Warner Bros. Discovery Inc. ( WBD , Financial), Bankwell Financial Group Inc. ( BWFG , Financial), Northrim BanCorp Inc. ( NRIM , Financial) and Herbalife Nutrition Ltd.

GuruFocus • Jun 22, 2022