80wk Uptrend — rising+above (sma 24.23 vs px 31.89)
200wk Uptrend — rising+above (sma 21.29 vs px 31.89)
Funds Accumulating — momZ +2.98 · 0.97→1.15
Founder-Led — founder/CEO led
Hidden Gem — stWatch 83.00
About Ames National Corporation
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. It accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. Read full Trend Edge analysis →
Sector: Financial Services
Industry: Banks-Regional
Exchange: NASDAQ
IPO Date: February 15, 2000
Headquarters: 323 Sixth Street, Ames, IA, United States, 50010
Hidden Gem: Yes — undiscovered relative to its market cap tier
Founder-Led: Yes — First National Bank (President and Director of First National Bank)
Key Metrics
Current Price
$31.89
Market Cap
$281M
Float
8.7M
Shares Outstanding
8.9M
P/E (Forward)
12.76
P/E (TTM)
12.25
Price/Sales (TTM)
3.91
vs. Analyst Target
+3.5% to analyst PT
Profit Margin
31.91%
Operating Margin (TTM)
42.50%
Revenue (TTM)
$72.0M
Earnings Growth (YoY)
32.10%
Dividend Rate
1.0%
Analyst Target Price
$33.00 (1 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$73.6M
$18.9M
$59.8M
$25.5M
2021
$71.0M
$23.9M
$67.3M
$32.7M
2022
$71.2M
$19.3M
$63.8M
$27.2M
2023
$83.5M
$10.8M
$53.1M
$14.6M
2024
$92.4M
$10.2M
$54.2M
$13.9M
2025
$98.3M
$19.0M
$65.1M
$24.7M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Sep 2025
$24.4M
$4.6M
Dec 2025
$26.1M
$6.5M
Mar 2026
$25.0M
$6.0M
Jun 2026
$8.6M
$5.9M
Ownership & Float
Insider Ownership
1.3%
Institutional Ownership
41.8%
Short Float
4.4%
% of All Funds Holding
1.15%
Number of Funds Holding
101
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$31.91
Near-term / short-term trend
Weekly
40-Week SMA
$29.02
Medium-term trend
Weekly
80-Week SMA
$24.23
Cyclical trend (business cycle)
Weekly
200-Week SMA
$21.29
Secular trend (multi-year)
Monthly
10-Month SMA
$29.32
Near-term monthly trend
Monthly
20-Month SMA
$24.36
Medium-term monthly trend
Monthly
40-Month SMA
$21.62
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$26.70
support
2.00x
6 months ago
$22.90
support
1.47x
8 months ago
$21.50
support
1.74x
9 months ago
$16.60
support
1.22x
20 months ago
Historical Earnings Reactions (102 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
-0.03%
0.00%
41.18%
12.63%
-10.62%
1 Day
-0.23%
0.00%
33.33%
11.74%
-10.62%
1 Week
1.29%
0.27%
52.94%
41.07%
-12.12%
2 Weeks
0.26%
0.15%
51.96%
19.20%
-14.06%
1 Month
-0.20%
0.55%
53.47%
36.28%
-33.79%
Next earnings: October 16, 2026 (6 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
-1.8%
42.3%
26
Feb
0.0%
57.7%
26
Mar
-0.3%
55.6%
27
Apr
1.0%
48.1%
27
May
-0.6%
40.7%
27
Jun
2.1%
59.3%
27
Jul
1.3%
59.3%
27
Aug
-2.8%
29.6%
27
Sep
1.0%
51.9%
27
Oct
1.4%
50.0%
26
Nov
0.8%
50.0%
26
Dec
3.4%
57.7%
26
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.13%
38.3%
1257
Tuesday
0.05%
38.9%
1374
Wednesday
0.04%
40.6%
1375
Thursday
0.13%
42.6%
1349
Friday
0.10%
41.8%
1343
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 41.8%
Insider Transactions — Smart Summary
Total insider ownership: 1.3%
Founder-led management: First National Bank (President and Director of First National Bank)
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The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
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share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
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