---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-013322"
form_type: "8-K"
ticker: "ATLO"
cik: "0001132651"
company_name: "AMES NATIONAL CORP"
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:10:18.076110+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ames National Q1 net income surges 73% to $6.0M; EPS $0.67 vs $0.39; dividend raised 20%

## Summary
- Net income $5.96M (EPS $0.67) vs $3.44M ($0.39) YoY; net interest margin improved to 3.01% from 2.53%.
- Credit loss benefit of $347K vs expense $962K YoY; loan balances declined 3.2% to $1.26B.
- Noninterest income +9.3% to $2.8M on wealth mgmt growth; noninterest exp +5.9% on $300K consultant fees.
- Quarterly dividend raised 20% to $0.24/share; payable March 13, 2026 to record date Feb 27.
- Substandard loans increased to $34.8M; 30+ day delinquencies up to $19.4M from $11.8M YoY.

## SEC filing metadata
- accession: 0001437749-26-013322
- form_type: 8-K
- ticker: ATLO
- cik: 0001132651
- company_name: AMES NATIONAL CORP
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1132651/000143774926013322/0001437749-26-013322-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1132651/000143774926013322/atlo20260106_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-013322
- JSON: https://secwatch.observer/filing/0001437749-26-013322.json
- Plain text: https://secwatch.observer/filing/0001437749-26-013322.txt

## Key facts
- Earnings Releases
  AMES NATIONAL CORP reported the three months ended March 31, 2026 results: net income $6.0 million, or $0.67 per share.
  - Period: the three months ended March 31, 2026
  - Net income: $6.0 million, or $0.67 per share
  - Result: reported results
  source text: ANNOUNCES EARNINGS FOR THE first QUARTER OF 2026 Ames, Iowa – Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the first quarter of 2026 of $6.0 million, or $0.67 per share, compared to $3.4 million, or $0.39 per share, earned in the first quarter of 2025 . The increase in earnings is primarily due to an increase in net interest
  evidence_url: https://www.sec.gov/Archives/edgar/data/1132651/000143774926013322/0001437749-26-013322-index.htm

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