ATLO

Ames National Corporation

Financial Services · $282M market cap

Verdict

Share price

$32.36

close of Oct 3, 2026

Fair value

$29.09

Sticker Price

Payback Price

$11.63

buy price

Overpriced

ATLO is Overpriced: at $32.36 it trades 11% above its fair value of $29.09. Its buy price (Payback Price) is $11.63, 64% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth3.5% a year✗
Equity per share growth4.1% a year✗
Sales growth4.0% a year✗
Free cash flow growth2.9% a year✗
Return on invested capital2.6%✗

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Insider activity

Since Jul 31, 2026: 5 open-market purchases worth $40K. Why purchases matter

Purchases

About Ames National Corporation

Ames National Corporation operates as 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. It accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. The company…

Banks - Regional

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works

ATLO stock (Ames National Corporation): fair value $29.09, Overpriced — PaybackPrice