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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›ATLO›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

AMES NATIONAL CORP (ATLO) financials

Income statement

AMES NATIONAL CORP (ATLO) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income$15.7M$13.7M$17.0M$17.2M$18.9M$23.9M$19.3M$10.8M$10.2M$19.0M
EPS (diluted)$1.69$1.47$1.83$1.86$2.06$2.62————

Cash flow

AMES NATIONAL CORP (ATLO) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$21.4M$18.8M$20.7M$20.2M$29.7M$30.5M$21.2M$19.2M$14.3M$21.3M
Capital expenditures$268K$518K$617K$780K$1.25M$1.87M$2.86M$4.89M$298K$642K
Free cash flow$21.1M$18.3M$20.1M$19.4M$28.5M$28.6M$18.4M$14.3M$14.0M$20.7M
Share buybacks——$452K$1.81M$1.99M$710K$2.30M$0.00$704K$1.68M
Dividends paid$7.73M$8.10M$10.8M$8.78M$9.07M$9.39M$9.68M$9.71M$9.08M$7.11M

Balance sheet

AMES NATIONAL CORP (ATLO) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$29.5M$26.4M$30.4M$34.6M$173M$89.1M$27.9M$55.1M$101M$127M
Total assets$1.37B$1.38B$1.46B$1.74B$1.98B$2.14B$2.13B$2.16B$2.13B$2.13B
Total liabilities$1.20B$1.20B$1.28B$1.55B$1.77B$1.93B$1.99B$1.99B$1.96B$1.93B
Long-term debt$13.0M$13.0M—————$3.49M$20.0M$18.4M
Shareholders' equity$165M$171M$173M$188M$209M$208M$149M$166M$175M$208M
Retained earnings$126M$132M$138M$146M$158M$170M$180M$180M$182M$196M
Shares (wtd avg diluted)9.31M9.31M9.31M9.24M9.15M9.11M9.03M8.99M8.99M8.90M

Every figure is extracted from AMES NATIONAL CORP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is AMES NATIONAL CORP's free cash flow?
$20.7M in FY2025 (operating cash flow $21.3M minus $642K of capital expenditures), from the SEC cash-flow statement.
Does ATLO pay a dividend?
Yes — AMES NATIONAL CORP paid $7.11M in cash dividends during FY2025, per its SEC cash-flow statement.
Full ATLO analysis — verdict, score & filings →Is ATLO a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.