Ames National Q3 net income doubles to $0.51 EPS; net interest margin rises to 2.83%

AMES NATIONAL CORP

Q3 2025 net income $4.6M ($0.51 EPS) vs $2.2M ($0.25) YoY; nine-month net income $12.5M ($1.41) vs $6.7M ($0.75).
Net interest margin improved to 2.83% from 2.21% due to higher loan yields and lower deposit costs; efficiency ratio fell to 61.76% from 77.87%.
Q3 credit loss expense $627K (vs $371K), partially offset by $344K net recoveries; allowance for credit losses 1.39% of loans.
Quarterly cash dividend maintained at $0.20/share; new 200K-share repurchase program announced in August 2025.
Deposits up 1.7% YoY to $1.83B; borrowings reduced to $23.5M from $83.1M; all banks well-capitalized.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.