Highest-materiality recent filing
Ames National declares $0.24 per share cash dividend payable Sept 15
Declared cash dividend of $0.24 per common share on August 12, 2026.
Ames National Q2 net income $5.9M ($0.67 EPS) vs $4.5M ($0.51) YoY; NIM expands to 3.18%
Net interest income rose 21.7% to $16.4M; net interest margin improved to 3.18% from 2.65%.
Ames National declares $0.24 per share cash dividend
Cash dividend of $0.24 per common share declared on May 13, 2026.
Ames National shareholders elect Baker, Hagan, Rieck as directors; approve executive pay and auditor
Elected Jeffery C. Baker, Patrick G. Hagan, and Amy F. Rieck to three-year terms on the board.
Ames National Q1 net income surges 73% to $6.0M; EPS $0.67 vs $0.39; dividend raised 20%
Net income $5.96M (EPS $0.67) vs $3.44M ($0.39) YoY; net interest margin improved to 3.01% from 2.53%.
Ames National declares 20% higher dividend to $0.24/share; announces board nominees
Cash dividend of $0.24 per share, up $0.04 (20%) from prior quarter.
Ames National Q4 net income $6.5M ($0.73) doubles YoY; guides 2026 EPS $2.70-$2.80
Q4 2025 net income $6.5M ($0.73/share) vs $3.5M ($0.39) in Q4 2024, up 85%.
Ames National declares $0.20 cash dividend payable Dec 15, 2025
Cash dividend of $0.20 per common share declared on November 12, 2025.
Ames National Q3 net income doubles to $0.51 EPS; net interest margin rises to 2.83%
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).
Ames National authorizes 200,000-share buyback and declares $0.20 dividend
Stock repurchase program approved for up to 200,000 shares (~2.2% of outstanding) starting Aug 14, 2025 through Nov 17, 2026.
Ames National Q2 net income doubles to $4.5M ($0.51/share) on margin expansion
Net income $4.5M ($0.51 diluted EPS) vs $2.2M ($0.24) in Q2 2024; six-month NI $7.95M ($0.89) vs $4.49M ($0.50).
Ames National shareholders elect four directors, ratify Forvis Mazars as auditor
Elected Douglas W. Beals, Michelle R. Cassabaum, John P. Nelson, Kevin L. Swartz to three-year terms.
Ames National Q1 net income up 49% to $3.4M; EPS $0.39 vs $0.26 YoY
Net income $3.4M ($0.39 per share) vs $2.3M ($0.26) in Q1 2024, a 49% increase.
Ames National declares $0.20 dividend, changes payment timing, nominates new director
Quarterly cash dividend of $0.20 per share declared; payable June 13, 2025 to holders of record May 30, 2025.
Ames National Q4 net income up 64% to $3.5M; 2025 EPS guided $1.72–$1.82
Q4 net income $3.5M ($0.39 EPS) vs $2.1M ($0.24 EPS) in Q4 2023.
Ames National declares $0.20 dividend, authorizes repurchase of up to 100,000 shares
Cash dividend of $0.20 per common share payable Feb 14, 2025 to holders of record Jan 31, 2025.
Ames National Q3 net income falls 24% to $2.2M; credit loss expense and consultant fees weigh
Q3 net income $2.2M ($0.25 EPS) vs $2.9M ($0.33) a year ago; 9-month EPS $0.75 vs $0.97.
Ames National cuts quarterly dividend 26% to $0.20; cites deposit repricing pressure
Dividend reduced from $0.27 to $0.20 per share; payable Nov 15, 2024 to holders of record Nov 1.
Ames National Q2 net income down 15% to $2.2M; forecast reduced on higher deposit costs
Q2 2024 net income $2.2M ($0.24 EPS) vs $2.6M ($0.28 EPS) in Q2 2023.
Ames National declares $0.27 quarterly dividend payable Aug 15
Cash dividend of $0.27 per common share declared on May 8, 2024.
Ames National Corp enters $5M revolver, elects directors at annual meeting
Entered $5M revolving credit facility maturing April 25, 2026; variable rate at prime minus 0.5% (initially 8.0%).
Ames National Q1 net income $2.3M ($0.26/share) vs $3.2M ($0.36) YoY
Net income fell 28% to $2.3M; EPS $0.26 vs $0.36 in Q1 2023.
Ames National declares $0.27 quarterly dividend; announces two new board nominees
Dividend $0.27 per share, unchanged from prior quarter; payable May 15, 2024 to holders of record May 1, 2024.
Ames National Q4 net income falls 52% to $2.1M; FY2023 EPS $1.20; 2024 guidance $1.45-$1.55
Net income Q4 2023 $2.1M ($0.24/diluted) vs Q4 2022 $4.4M ($0.49); full year $10.8M ($1.20) vs $19.3M ($2.14).
Ames National announces CFO retirement, new CFO, $0.27 dividend, and share buyback
CFO John L. Pierschbacher to retire July 5, 2024; Justin C. Clausen appointed as successor.
Ames National Q3 net income falls 47% to $2.9M; net interest margin narrows to 2.11%
Q3 2023 net income $2.9M ($0.33/diluted share) vs $5.5M ($0.62) in Q3 2022; nine-month net income $8.7M ($0.97) vs $14.9M ($1.64).
Ames National Corporation declares $0.27 per share cash dividend payable Nov 15, 2023
Declared cash dividend of $0.27 per common share.
Ames National Q2 net income falls to $2.6M ($0.28) vs $4.2M; 2023 guidance cut
Q2 net income $2.6M ($0.28 diluted EPS), down from $4.2M ($0.46); six-month net $5.8M ($0.64) vs $9.3M ($1.03).
Ames National board sets say-on-pay vote every 3 years after shareholder approval
Shareholders approved advisory vote on executive compensation every third year.
Ames National declares $0.27 cash dividend payable Aug 15
Cash dividend of $0.27 per common share declared on May 10, 2023.
Shareholders re-elect three directors, approve executive pay, and ratify FORVIS auditor
Jeffery C. Baker, Betty A. Baudler Horras, and Patrick G. Hagan elected with over 3.6M votes each.
Ames National Q1 2023 net income $3.2M ($0.36/sh), down 38% YoY from $5.1M ($0.57/sh)
Net interest margin fell to 2.23% from 2.55% YoY; net interest income $11.7M, down 11%.
Ames National declares $0.27 quarterly dividend, payable May 15, 2023
Cash dividend of $0.27 per common share declared on Feb 8, 2023.
Ames National Q4 net income $4.4M ($0.49 EPS) down 17% YoY; FY2023 guidance $1.75-$1.85 EPS
Q4 2022 net income $4.4M vs $5.3M in Q4 2021; EPS $0.49 vs $0.58.
Stock repurchase program approved Nov 9, 2022; up to 100,000 shares (~1.1% of 8,992,167 outstanding) from Nov 14, 2022 to Nov 8, 2023.
Ames National appoints FORVIS as new auditor for FY2023 after CLA declines reappointment
Audit Committee approved FORVIS LLP as independent auditor for year ending Dec 31, 2023.
Ames National Q3 net income $5.5M ($0.62/share), down from $6.7M in 2021
Net income $5.5M ($0.62 per share) vs $6.7M ($0.74) in Q3 2021; nine months $14.9M vs $18.6M.
Ames National appoints Michael A. Wilson as EVP of Innovation & Corporate Services, effective Sep 30
Michael A. Wilson, 58, appointed EVP of Innovation & Corporate Services effective September 30, 2022.
CLA informed company on Aug 8, 2022, it will not stand for reappointment after 2022 audit due to ceasing certain audit services.
Ames National declares $0.27 quarterly cash dividend payable Nov 15, 2022
Cash dividend of $0.27 per common share declared on August 10, 2022.
Ames National Q2 net income falls 29% to $4.2M on lower PPP fees, tax charge
EPS of $0.46 vs $0.64 in Q2 2021; six-month EPS $1.03 vs $1.30.
Ames National completes stock repurchase program; 100k shares bought at $23.01 avg
Stock repurchase program approved in November 2021 completed on June 17, 2022.
Ames National appoints Patrick Hagan as Chairman; declares $0.27 quarterly dividend
Patrick G. Hagan appointed Chairman of the Board effective May 12, 2022, replacing Thomas H. Pohlman who resigned as Chairman but remains director until April 2023.
Ames National Corp shareholders elect directors and ratify auditor at 2022 annual meeting
Shareholders elected David W. Benson, Michelle R. Cassabaum, John P. Nelson, Kevin L. Swartz (3-year term) and Jeffery C. Baker (1-year term).
Ames National Q1 2022 net income $5.1M ($0.57 EPS), down 14.6% YoY from $6.0M
Net income $5.1M ($0.57 diluted EPS) vs $6.0M ($0.66) in Q1 2021, a 14.6% decline.
Ames National declares $0.27/share cash dividend payable May 13, 2022
Cash dividend of $0.27 per common share declared on February 9, 2022.
Ames National Q4 EPS $0.58 vs $0.57; FY21 EPS $2.62; guides FY22 $2.10-$2.20
Q4 2021 net income $5.3M ($0.58/diluted share) vs $5.2M ($0.57) in Q4 2020.
Ames National declares $0.26 dividend, authorizes repurchase of up to 100k shares
Declared cash dividend of $0.26 per share payable Feb 15, 2022 to shareholders of record Feb 1, 2022.
Ames National Q3 net income $6.7M, EPS $0.74 vs $0.62 YoY; 9-month EPS $2.04 vs $1.49
Q3 2021 net income $6.7M ($0.74/diluted share) vs $5.7M ($0.62) in Q3 2020; increase driven by lower interest expense and reduced loan loss provision.
Ames National declares $0.26/share cash dividend payable Nov 15, 2021
Cash dividend of $0.26 per common share declared on August 17, 2021.
On November 8, 2023, Justin C. Clausen (age 36), who currently serves as Chief Accounting Officer of the Company, was appointed to the role of Chief Financial Officer effective July 5, 2024
On November 8, 2023, Michael A. Wilson (age 59), who currently serves as Executive Vice President of Innovation & Corporate Services of the Company, was appointed as Executive Vice President and Chief Lending Officer effective November 9, 2023.
On November 8, 2023, John L. Pierschbacher, who currently serves as the principal financial and accounting officer of Ames National Corporation (the “Company”), notified the Company of his intent to retire as Chief Financial Officer of the Company effective July 5, 2024.
Michael A. Wilson (age 58) will assume a new role as Executive Vice President of Innovation & Corporate Services for Ames National Corporation (“Company”) effective September 30, 2022.
Max materiality 0.80 · Median 0.50 · Most common event earnings