---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-027098"
form_type: "8-K"
ticker: "ATLO"
cik: "0001132651"
company_name: "AMES NATIONAL CORP"
filed_at: "2024-08-16T23:59:59+00:00"
generated_at: "2026-05-31T08:47:48.812125+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ames National cuts quarterly dividend 26% to $0.20; cites deposit repricing pressure

## Summary
- Dividend reduced from $0.27 to $0.20 per share; payable Nov 15, 2024 to holders of record Nov 1.
- CEO cites lower earnings caused by rapid deposit repricing outpacing asset repricing, squeezing net interest margin.
- $104M of investments and $229M of loans maturing by June 2025 expected to improve net interest margin long-term.
- Net interest margin decline has slowed in 2024 but forecasting remains challenging due to rate volatility.

## SEC filing metadata
- accession: 0001437749-24-027098
- form_type: 8-K
- ticker: ATLO
- cik: 0001132651
- company_name: AMES NATIONAL CORP
- filed_at: 2024-08-16T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1132651/000143774924027098/0001437749-24-027098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1132651/000143774924027098/atlo20240816_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-027098
- JSON: https://secwatch.observer/filing/0001437749-24-027098.json
- Plain text: https://secwatch.observer/filing/0001437749-24-027098.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.