Ames National Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 7.09
Dividend & Yield1.08$ (4.77%)
Beta 0.55
Market capitalization 204.48M
Operating cash flow 21.85M
ESG Scores unknown

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.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
no companies found

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities 8.64M -78.96M -184.26M -268.64M
Net Borrowings -17.65M -9.99M -6.74M 2.56M
Total Cash From Financing Activities -25.35M 63.01M 205.83M 154.13M
Change To Operating Activities 355.46k 106.43k 867k -1.02M
Issuance Of Stock
Net Income 17.01M 17.19M 18.85M 23.91M
Change In Cash 3.99M 4.23M 51.28M -83.97M
Effect Of Exchange Rate
Total Cash From Operating Activities 20.71M 20.18M 29.71M 30.54M
Depreciation 1.56M 1.85M 2.27M 2.03M
Change To Account Receivables
Other Cashflows From Financing Activities 3.55M 83.6M 223.64M 161.67M
Change To Netincome 1.94M 519.19k 7.08M 4.6M
Capital Expenditures -616.54k -780.44k -1.25M -1.87M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 21.42M 21.04M 23.23M 30.67M
Net Income 17.01M 17.19M 18.85M 23.91M
Selling General Administrative 25.96M 29.08M 33.34M 33.62M
Gross Profit 49.39M 51.98M 59.14M 66.65M
Ebit
Operating Income 22.26M 21.84M 24.37M 31.88M
Interest Expense
Income Tax Expense 4.41M 3.85M 4.38M 6.76M
Total Revenue 49.39M 51.98M 59.14M 66.65M
Cost Of Revenue
Total Other Income ExpenseNet -835.05k -803.22k -1.14M -1.21M
Net Income From Continuing Ops 17.01M 17.19M 18.85M 23.91M
Net Income Applicable To Common Shares 17.01M 17.19M 18.85M 23.91M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.28B 1.55B 1.77B 1.93B
Total Stockholder Equity 172.87M 187.58M 209.49M 207.78M
Other Current Liabilities 2.3M 2.3M 2.36M
Total Assets 1.46B 1.74B 1.98B 2.14B
Common Stock 18.59M 18.45M 18.25M 18.18M
Other Current Assets 16.56M 23.3M 12.76M 10.12M
Retained Earnings 137.89M 146.23M 158.22M 170.38M
Treasury Stock -4.08M 4.11M 16.02M 2.86M
Cash 23.65M 25.88M 173.1M 89.13M
Total Current Liabilities 1.27B 1.54B 1.76B 1.93B
Other Stockholder Equity -4.08M 4.11M 16.02M 2.86M
Property, Plant, and Equipment 15.81M 17.81M 17.34M 17.51M
Total Current Assets 67.09M 162.13M 204.29M 116.17M
Net Tangible Assets 160.44M 171.51M 193.93M 192.85M
Net Receivables
Accounts Payable 1.22B 1.49B 1.72B 1.88B


Insider Transactions

Here are the insider transactions of stock shares related to Ames National Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BAKER JEFFERY CPurchase at price 22.70 per share.D2022-11-15Director1k
BENSON DAVID WPurchase at price 22.18 per share.I2022-10-31Director27
CASSABAUM MICHELLE RPurchase at price 22.18 per share.D2022-10-31Director67
LARSON JAMES R IIPurchase at price 21.90 per share.I2022-09-02Director300
BENSON DAVID WPurchase at price 22.00 per share.I2022-08-31Director200
CASSABAUM MICHELLE RPurchase at price 22.00 per share.D2022-08-31Director252
HAGAN PATRICK GPurchase at price 21.95 per share.D2022-08-26Director200
LARSON JAMES R IIPurchase at price 22.00 per share.I2022-08-25Director500
HAGAN PATRICK GPurchase at price 22.25 per share.D2022-08-19Director500
SCHREIER RICHARDPurchase at price 22.31 per share.D2022-08-16Officer of Subsidiary Company448
CASSABAUM MICHELLE RPurchase at price 22.05 per share.D2022-07-29Director56
LARSON JAMES R IIPurchase at price 22.10 - 22.15 per share.I2022-07-27Director800
SNODGRASS ADAMPurchase at price 22.53 per share.D2022-06-15Officer of Subsidiary Company200
ESLINGER LISA MPurchase at price 22.50 per share.D2022-06-14Director200
HAGAN PATRICK GPurchase at price 22.50 per share.D2022-06-14Director300
BAUDLER-HORRAS BETTY APurchase at price 22.75 per share.D2022-05-31Director50
BENSON DAVID WPurchase at price 22.94 per share.I2022-05-31Director219
CASSABAUM MICHELLE RPurchase at price 22.94 per share.D2022-05-31Director357
SWARTZ KEVIN LPurchase at price 22.70 per share.D2022-05-27Director1k
BAUDLER-HORRAS BETTY APurchase at price 22.86 - 22.89 per share.D2022-05-26Director150
FORTH STEVEN DPurchase at price 22.85 per share.D2022-05-26Director200
BAUER SCOTT TPurchase at price 22.85 per share.D2022-05-25Officer of Subsidiary Company200
PIERSCHBACHER JOHN LPurchase at price 22.85 per share.I2022-05-20Chief Financial Officer200
LARSON JAMES R IIPurchase at price 22.85 per share.I2022-05-20Director300
PUTZIER JEFFREY KPurchase at price 22.90 per share.I2022-05-20Officer of Subsidiary Company300
THOMAS ROBERT APurchase at price 22.75 per share.D2022-05-20Officer of Subsidiary Company200
PUTZIER JEFFREY KPurchase at price 23.00 per share.D2022-05-19Officer of Subsidiary Company200
HAGAN PATRICK GPurchase at price 22.85 per share.D2022-05-19Director500
MCGILL STEPHEN CPurchase at price 23.91 per share.D2022-05-13Officer of Subsidiary Company200
HAGAN PATRICK GPurchase at price 23.01 per share.I2022-05-12Director500
POHLMAN THOMAS HPurchase at price 23.25 per share.D2022-05-11Director200
BENSON DAVID WPurchase at price 23.50 per share.D2022-04-29Director35
CASSABAUM MICHELLE RPurchase at price 23.50 per share.D2022-04-29Director53
HAGAN PATRICK GPurchase at price 23.75 per share.D2022-03-11Director264
HAGAN PATRICK GPurchase at price 23.95 per share.D2022-03-02Director300
BENSON DAVID WPurchase at price 24.00 per share.D2022-02-28Director231
CASSABAUM MICHELLE RPurchase at price 24.00 per share.D2022-02-28Director222
BENSON DAVID WPurchase at price 24.83 per share.D2022-01-31Director68
CASSABAUM MICHELLE RPurchase at price 24.83 per share.D2022-01-31Director50
BENSON DAVID WPurchase at price 24.50 per share.D2021-11-30Director253
CASSABAUM MICHELLE RPurchase at price 24.50 per share.D2021-11-30Director219
BENSON DAVID WPurchase at price 23.50 - 24.40 per share.D2021-10-29Director313
CASSABAUM MICHELLE RPurchase at price 23.50 - 24.40 per share.D2021-10-29Director294
HAGAN PATRICK GPurchase at price 23.50 per share.D2021-10-25Director300
LARSON JAMES R IIPurchase at price 23.25 per share.I2021-09-15Director92
LARSON JAMES R IIPurchase at price 22.98 per share.I2021-09-14Director308
POHLMAN THOMAS HPurchase at price 23.08 per share.I2021-09-10Director500
MCGILL STEPHEN CPurchase at price 23.32 per share.D2021-09-08Officer of Subsidiary Company100
LARSON JAMES R IIPurchase at price 23.25 per share.I2021-09-03Director500
HAGAN PATRICK GPurchase at price 23.25 per share.D2021-09-03Director100
LARSON JAMES R IIPurchase at price 23.25 per share.I2021-08-24Director500

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Ames National Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Ames National Corp

Here is the result of two systematic investment strategies applied to Ames National Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Ames National Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Ames National Corp:

Ames National Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 7.49% on the backtest period.

Performance at glance

Performance

7.49 %

Latent gain

55.2 $

Invested capital

737.12 $

Annualized return

4.41 %
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Momentum strategy results on Ames National Corp

This is the result of two momentum investment strategies applied to Ames National Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Ames National Corp

The following chart shows all the entries opened by the momentum investment system on Ames National Corp:

Ames National Corp momentum entries
  • The first momentum investment strategy would give 17.99% of return on Ames National Corp. That represents 411.41$ of latent gain with 2287.43$ of employed capital.
  • The second momentum investment strategy would give 15.92% of return on Ames National Corp. That represents 238.05$ of latent gain with 1495.15$ of employed capital.
Performance at glance (1Q Momentum)

Performance

17.99 %

Latent gain

411.41 $

Invested capital

2287.43 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

15.92 %

Latent gain

238.05 $

Invested capital

1495.15 $

Annualized return

13.05 %

Momentum equity curve on Ames National Corp

The following chart shows the equity curve of the two momentum strategies applied to Ames National Corp:

Ames National Corp momentum equity

Note: the dividends potentially given by Ames National Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Ames National Corp

The following chart shows the employed capital evolution of the two momentum strategies on Ames National Corp since the beginning:

Ames National Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Ames National Corp

Buy the dip entry openings on Ames National Corp

Ames National Corp

The performance achieved by the robo-advisor on Ames National Corp is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Ames National Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Ames National Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to Ames National Corp

The following chart shows the result of the investment strategy applied to Ames National Corp:

Ames National Corp

Note: the dividends potentially given by Ames National Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Ames National Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Ames National Corp:

Ames National Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Ames National Corp

In this section, I will compare the three previous investment strategies applied to Ames National Corp.

Equity curve comparison on Ames National Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Ames National Corp investment strategy comparison

Employed capital comparison on Ames National Corp

Ames National Corp investment comparison

Performance comparison on Ames National Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 7.49% 55.2$ 737.12$ 4.41%
Momentum 1 quarter 17.99% 411.41$ 2287.43$ 12.32%
Momentum 2 quarters 15.92% 238.05$ 1495.15$ 13.05%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

4.41 %

Momentum 1Q

13.05 %

Momentum 2Q

13.05 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Ames National Corp:

Positive correlations

Most correlated stocks this year

  • Ames National Corp

  • Most correlated stocks last 3 months

  • GENOWAY
  • Ames National Corp
  • PT INTL DEV

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Ames National Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Ames National Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Ames National Corp
    Country United States
    City Ames
    Address 405 5th Street
    Phone 515 232 6251
    Website www.amesnational.com
    FullTime employees 266
    Industry Banks—Regional
    Sector Financial Services
    Exchange XNAS
    Ticker ATLO
    Market www.nasdaq.com

    Ames National Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown