NASD · Financial · Banks - Regional · USA
Ames National Corp is a micro cap company (market value under $300 million) in the Banks - Regional industry.
Ames National Corporation is a bank holding company owning six community banking subsidiaries in central and south-central Iowa. The Banks provide deposit accounts, commercial and agricultural loans, wealth management services, and cash management solutions to businesses and residents in their local markets. Revenue derives primarily from interest on loans and investments and service fees.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the Ames National Corp stock.
Undervalued: intrinsic value $42.00 per share, market price $33.51, margin of safety 20.2% (as of 2026-10-30).
Book value at 2.13x, the multiple a 12.5% return on equity justifies, blended with earnings, values the shares at $42.00; the price of $33.51 is 20% below that value.
Leak Score: 66/100 on 11 of 12 signals (Faint Leak).
17 more funds hold it; the full list is part of the paid plan.
All 324 Banks - Regional stocks
46 more in this industry show a wider margin of safety.
ATLO is undervalued (as of the 2026-10-30 close). Book value at 2.13x, the multiple a 12.5% return on equity justifies, blended with earnings, values the shares at $42.00; the price of $33.51 is 20% below that value.
$42.00 per share (as of the 2026-10-30 close), against a market price of $33.51. That is a margin of safety of 20.2%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
66 out of 100, which we rate "Faint Leak", on 11 of 12 value investing signals.