Ames National Corporation: Business Overview, Financials & Competitive Analysis
Ames National Corporation scores 7/10 on the AskCyborg Cyborg Score (Strong). Disciplined Midwest regional bank offering attractive dividend yield with stable operations and recent shareholder-friendly capital allocation. The company trades at a reasonable PE ratio of 12.27 with a market cap of $196.3 million and maintains a stable beta of 0.42. Recent 20% dividend increase reflects management confidence, and the.
What is Ames National Corporation's industry? Ames National Corporation (amesnational.com) operates in Regional Banking / Multi-Bank Holding Company. AskCyborg classifies Ames National Corporation under Regional Banking / Multi-Bank Holding Company in its company registry.
Ames National Corporation is a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union Counties in central, north-central, a...
Cyborg Score thesis
Disciplined Midwest regional bank offering attractive dividend yield with stable operations and recent shareholder-friendly...
Read the full analyst-debate transcript →Get the Latest Ames National Corporation Report
Up-to-date AI-powered research, analyst debate audio & saved-company playlists
Get Current Report FreeAmes National Corporation Overview
Pro stress-test →Ames National Corporation is a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union Counties in central, north-central, and south-central Iowa. In 2024, Ames National's revenue was $53.46 million, representing 2.24% growth compared to the prior year.
Strategic Profile
Pro stress-test →The company provides comprehensive lending services including commercial, agricultural, and residential real estate loans, along with consumer loans, and offers cash management, merchant credit card processing, wealth management, farm management, and online banking services. Recent management confidence is evidenced by a 20% increase in quarterly dividends, signaling strong cash generation ability.
Competitive Landscape
Pro stress-test →Ames National operates through affiliate banks including First National Bank (Ames, Iowa), Boone Bank & Trust Co., State Bank & Trust Co. (Nevada, Iowa), Iowa State Savings Bank (Creston, Iowa), and Reliance. The company competes against large regional and community banks in its primary service counties through traditional relationship banking and agricultural lending expertise.
Industry Context
Ames National Corporation operates in Regional Banking / Multi-Bank Holding Company.
Key facts
Founded: 1903 · Headquarters: Ames, Iowa · Employees: 268 · Revenue: $53.46M (2024) · Market cap: $196.3M