The strong beat was driven by improved net interest margin and credit quality. Monitor upcoming quarters for sustainability of margin expansion and credit trends. The dividend increase signals confidence in future earnings.
Price Chart
Executive Summary
Ames National Corp reported Q1 2026 earnings of $0.67 per share, beating consensus of $0.62, driven by a 19.5% increase in net interest income and a credit loss benefit. The company raised its quarterly dividend by 20% to $0.24 per share.
Key Financial Metrics
Key Facts
- Q1 2026 EPS of $0.67 beat consensus of $0.62
- Net income increased 73% YoY to $5.96 million
- Net interest income rose 19.5% YoY to $15.4 million
- Net interest margin improved to 3.01% from 2.53% in Q1 2025
- Company recognized a $347k credit loss benefit vs $962k expense in prior year
- Quarterly dividend increased 20% to $0.24 per share
Financial Impact
EPS beat by 8.1%, revenue growth of 19.5% in net interest income
Risk Factors
- Net loans decreased 3.2% YoY to $1.26 billion
- Substandard-impaired loans increased to $19.6 million from $15.7 million
- Loans past due 30+ days increased to $19.4 million from $11.8 million
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-013322 |
| Document: atlo20260106_8k.htm | 0001437749-26-013322 |
| Document: 0001437749-26-013322-index-headers.html | 0001437749-26-013322 |
| Document: 0001437749-26-013322-index.html | 0001437749-26-013322 |
| Document: 0001437749-26-013322.txt | 0001437749-26-013322 |
| 8-K Data (Synthetic) | 0001437749-26-013322 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | 8-K | $32.31 $33.72 | ▲ +4.36% | ▲ +4.51% | $34.12 (+5.60%) |
Apr 24, 2026 26w ago | 8-K | $28.06 $28.25 | ▲ +0.68% | ▲ +0.28% | $34.12 (+21.60%) |
Mar 13, 2026 32w ago | DEFA14A | $26.65 $26.70 | ▲ +0.19% | ▲ +2.31% | $34.12 (+28.03%) |
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