Ames National declares $0.20 dividend
Dividend Declaration: Ames National (NASDAQ: ATLO) has declared a quarterly dividend of $0.20 per share, consistent with previous dividends.
Payment Details: The dividend is payable on September 15 for shareholders recorded on August 29, with the ex-dividend date also set for August 29.
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Validea's Growth Investor Model: Today's upgrades for Validea's Growth Investor model highlight Ames National Corp (ATLO) as a small-cap value stock with a rating increase from 74% to 89%, indicating strong interest based on its fundamentals and valuation.
Company Overview: Ames National Corp is a bank holding company with six bank subsidiaries, offering a range of lending activities and financial services, including commercial and residential loans, deposits, and cash management.
Martin Zweig's Investment Strategy: The strategy focuses on identifying growth stocks with accelerating earnings and sales growth, reasonable valuations, and low debt, with a scoring system that indicates varying levels of interest in stocks.
About Validea: Validea is an investment research service that analyzes stocks based on the strategies of renowned investors like Martin Zweig, providing insights and model portfolios aimed at long-term market outperformance.
Earnings Recovery: Ames National (ATLO) reported a significant earnings turnaround with net profit margins rising to 23.7% and annual EPS growth of 43.3%, following a challenging five-year period of declining earnings.
Valuation Concerns: Despite a share price of $19.61 being below the DCF fair value estimate of $23.88, the stock's 12.8x P/E ratio is higher than industry peers, indicating mixed investor sentiment due to uncertainties about sustainable growth and dividend reliability.
Earnings Report: Ames National Corp. reported third-quarter earnings of $4.6 million, equating to 51 cents per share, with revenue of $24.4 million, surpassing expectations.
Stock Performance: The bank's shares have risen 20% since the start of the year, reaching $19.67, which reflects an increase of over 8% in the past 12 months.
Dividend Declaration: Ames National (NASDAQ: ATLO) has declared a quarterly dividend of $0.20 per share, consistent with previous dividends.
Payment Details: The dividend is payable on September 15 for shareholders recorded on August 29, with the ex-dividend date also set for August 29.
Financial Performance: Ames National reported a significant increase in net income for Q2 2025, reaching $4.5 million or $0.51 per share, driven by a 23.9% rise in net interest income and improved efficiency, despite some concerns over credit quality with rising charge-offs and impaired loans.
Operational Focus: The bank is concentrating on managing interest rates and expenses while maintaining a stable deposit base; however, caution is advised due to emerging risks in commercial real estate and agricultural lending, which have shown signs of stress.
Company Overview: The PNC Financial Services Group, valued at $71.1 billion, operates in retail banking, corporate and institutional banking, and asset management, but has seen a decline in stock performance recently, with shares down 16.9% from their 52-week high.
Financial Performance: Despite exceeding Q4 2024 earnings expectations, PNC's shares fell due to concerns over weak loan growth and deteriorating credit quality, leading to cautious optimism among analysts who maintain a "Moderate Buy" rating.











