Highest-materiality recent filing
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 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 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 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 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 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 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 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 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 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 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 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.
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 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 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 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.
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