Stock analysis, trade plans, and proprietary indicators by Trend Edge.
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
$28.80
Market Cap
$255M
Float
8.0M
Shares Outstanding
8.9M
P/E (Forward)
12.76
P/E (TTM)
11.70
Price/Sales (TTM)
3.69
vs. Analyst Target
+7.6% to analyst PT
Profit Margin
31.18%
Operating Margin (TTM)
43.09%
Revenue (TTM)
$69.1M
Earnings Growth (YoY)
74.30%
Dividend Rate
1.0%
Analyst Target Price
$31.00
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
Jun 2025
$24.1M
$4.5M
Sep 2025
$24.4M
$4.6M
Dec 2025
$26.1M
$6.5M
Mar 2026
$25.0M
$6.0M
Ownership & Float
Insider Ownership
1.3%
Institutional Ownership
41.5%
Short Float
1.9%
% of All Funds Holding
0.97%
Number of Funds Holding
80
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
$28.46
Near-term / short-term trend
Weekly
40-Week SMA
$24.40
Medium-term trend
Weekly
80-Week SMA
$21.03
Cyclical trend (business cycle)
Weekly
200-Week SMA
$20.48
Secular trend (multi-year)
Monthly
10-Month SMA
$24.41
Near-term monthly trend
Monthly
20-Month SMA
$20.98
Medium-term monthly trend
Monthly
40-Month SMA
$20.26
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
1 months ago
$22.90
support
1.47x
3 months ago
$21.50
support
1.74x
4 months ago
$16.60
support
1.22x
15 months ago
Historical Earnings Reactions (101 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
-0.01%
0.00%
41.58%
12.63%
-10.62%
1 Day
-0.23%
0.00%
33.66%
11.74%
-10.62%
1 Week
1.28%
0.26%
52.48%
41.07%
-12.12%
2 Weeks
0.22%
0.14%
51.49%
19.20%
-14.06%
1 Month
-0.23%
0.43%
53.00%
36.28%
-33.79%
Next earnings: July 13, 2026 (47 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
-0.7%
38.5%
26
Jun
2.1%
57.7%
26
Jul
1.2%
57.7%
26
Aug
-3.1%
26.9%
26
Sep
1.0%
53.8%
26
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%
1239
Tuesday
0.05%
38.5%
1355
Wednesday
0.05%
40.7%
1356
Thursday
0.12%
42.2%
1330
Friday
0.10%
41.4%
1326
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 41.5%
Insider Transactions — Smart Summary
Total insider ownership: 1.3%
Founder-led management: First National Bank (President and Director of First National Bank)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Ames National Corporation
(ATLO) powered by Claude Opus — Anthropic's most capable AI model.
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),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.