Ames National Corp (ATLO) FinancialsATLOFinancialAmes National Corp

Evaluating the bottom line, Ames National Corp maintains a gross margin of N/A. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 40.98%, while the net margin is 31.47%. These profitability ratios, combined with a Return on Equity (ROE) of 11.31%, provide a clear picture of how effectively ATLO converts its operational activities into shareholder value.

In the context of the broader market, ATLO competes directly with industry leaders such as FRAF and QNBC. With a market capitalization of $279.89M, it holds a significant position in the sector. When comparing efficiency, ATLO's gross margin of N/A stands against FRAF's N/A and QNBC's N/A. Such benchmarking helps identify whether Ames National Corp is trading at a premium or discount relative to its financial performance.

Ames National Corp has demonstrated consistent revenue growth, with total revenue increasing from $13,256,000 in Q3 2024 to $18,849,000 in Q2 2026. The net income has also improved significantly, reaching $5,931,000 in Q2 2026, up from $2,217,000 in Q3 2024. The net margin has increased to 31.47% in Q2 2026, showcasing improved profitability.