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Ames National (Ames National) Pretax Margin % : 18.71% (As of Dec. 2023)


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What is Ames National Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ames National's Pre-Tax Income for the three months ended in Dec. 2023 was $2.48 Mil. Ames National's Revenue for the three months ended in Dec. 2023 was $13.25 Mil. Therefore, Ames National's pretax margin for the quarter that ended in Dec. 2023 was 18.71%.

The historical rank and industry rank for Ames National's Pretax Margin % or its related term are showing as below:

ATLO' s Pretax Margin % Range Over the Past 10 Years
Min: 22.15   Med: 43.45   Max: 46.97
Current: 22.15


ATLO's Pretax Margin % is ranked worse than
74.35% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs ATLO: 22.15

Ames National Pretax Margin % Historical Data

The historical data trend for Ames National's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ames National Pretax Margin % Chart

Ames National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.05 35.49 46.10 39.98 23.94

Ames National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.78 22.19 26.98 18.71 20.79

Competitive Comparison of Ames National's Pretax Margin %

For the Banks - Regional subindustry, Ames National's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ames National's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ames National's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ames National's Pretax Margin % falls into.



Ames National Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Ames National's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=12.889/53.84
=23.94 %

Ames National's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2.479/13.251
=18.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ames National  (NAS:ATLO) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Ames National Pretax Margin % Related Terms

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Ames National (Ames National) Business Description

Traded in Other Exchanges
N/A
Address
405 5th Street, Box 846, Ames, IA, USA, 50010
Ames National Corporation is a United States-based bank holding company. Through its subsidiaries, it provides checking, savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit of payroll and social security checks, and automated/video teller machine access. Its loan portfolio comprises commercial, residential & agricultural real estate loans; agricultural & business operating loans & lines of credit; equipment loans; vehicle loans; personal loans; and mortgage loans. Its operations are conducted primarily in central, north central, and south-central Iowa.
Executives
Michelle R Cassabaum director PO BOX 846, AMES IA 50010
Jeffrey K Putzier other: President of Subsidiary Bank POST OFFICE BOX 846, AMES IA 50010
John Patrick Nelson officer: Vice President POST OFFICE BOX 846, AMES IA 50010
Scott T Bauer other: Ex VP of Subsidiary bank PO BOX 846, AMES IA 50010
Patrick G Hagan director PO BOX 846, AMES IA 50010
Kevin L Swartz director PO BOX 846, AMES IA 50010
Betty A Baudler director PO BOX 846, AMES IA 50010
Larson James R Ii director 3321 RIDGETOP RD, AMES IA 50014
Adam Snodgrass other: President of subsidiary bank PO BOX 846, AMES IA 50010
John L Pierschbacher officer: Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVE PO BOX 1237, FORT DODGE IA 50501
Robert A Thomas other: President of subsidiary bank PO BOX 846, AMES IA 50010
Lisa M Eslinger director PO BOX 846, AMES IA 50014
Jeffery C Baker director PO BOX 846, AMES IA 50010
David W. Benson director PO BOX 846, AMES IA 50010
Dan E Johnson other: President of subsidiary bank PO BOX 846, AMES IA 50010