Ames National Corporation (ATLO) reported third-quarter 2026 net income of $7.0 million, or $0.80 per share, compared with $4.6 million, or $0.51 per share, in the third quarter of 2025.
For the first nine months of 2026, net income totaled $18.9 million, or $2.14 per share, versus $12.5 million, or $1.41 per share, a year earlier. The company cited higher net interest income, supported by investment yields and balances, lower funding costs, and reduced borrowings.
- Third-quarter GAAP net interest income was $17.0 million, up $2.9 million, or 20.7%, from a year earlier.
- Third-quarter noninterest income increased 36.7% to $3.5 million, while noninterest expense rose 9.6% to $11.2 million.
- Total assets were $2.08 billion at September 30, 2026, while deposits were $1.83 billion and net loans were $1.26 billion.
- The company declared a quarterly cash dividend of $0.24 per share, paid September 15, 2026.
$ATLO Insider Trading Activity
$ATLO insiders have traded $ATLO stock on the open market 8 times in the past 6 months. Of those trades, 8 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ATLO stock by insiders over the last 6 months:
- MICHELLE R CASSABAUM has made 4 purchases buying 574 shares for an estimated $17,165 and 0 sales.
- DOUGLAS W BEALS purchased 325 shares for an estimated $10,127
- RICHARD SCHREIER purchased 316 shares for an estimated $9,985
- JEFFERY C BAKER purchased 300 shares for an estimated $9,564
- PATRICK G HAGAN purchased 200 shares for an estimated $5,538
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ATLO Hedge Fund Activity
We have seen 63 institutional investors add shares of $ATLO stock to their portfolio, and 17 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FOURTHSTONE LLC removed 666,482 shares (-97.5%) from their portfolio in Q2 2026, for an estimated $19,734,532
- CURATED WEALTH PARTNERS LLC removed 240,000 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $7,531,200
- AMERICAN CENTURY COMPANIES INC added 92,764 shares (+205.3%) to their portfolio in Q2 2026, for an estimated $2,746,742
- QUBE RESEARCH & TECHNOLOGIES LTD added 85,233 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,523,749
- BLACKROCK, INC. added 73,992 shares (+12.1%) to their portfolio in Q2 2026, for an estimated $2,190,903
- SEGALL BRYANT & HAMILL, LLC removed 39,521 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $1,170,216
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 35,511 shares (+35.4%) to their portfolio in Q2 2026, for an estimated $1,051,480
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
