Ames National Corp (ATLO) Files 10-K for the Fiscal Year Ended on December 31, 2018

Ames National Corp (ATLO, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Ames National Corporation is a bank holding company providing savings accounts, demand deposits, money market accounts and loans comprising real estate, residential, equipment and personal and other services. Ames National Corp has a market cap of $257.980 million; its shares were traded at around $27.76 with a P/E ratio of 15.26 and P/S ratio of 5.27. The dividend yield of Ames National Corp stocks is 3.32%.

For the last quarter Ames National Corp reported a revenue of $13.1 million, compared with the revenue of $12.14 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $50.0 million, an increase of 3.8% from last year. For the last five years Ames National Corp had an average revenue growth rate of 3.4% a year.

The reported diluted earnings per share was $1.83 for the year, an increase of 24.5% from previous year. Over the last five years Ames National Corp had an EPS growth rate of 2.1% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Ames National Corp has the cash and cash equivalents of $56.4 million, compared with $69.4 million in the previous year. The long term debt was $14.6 million, compared with $26.5 million in the previous year. Ames National Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $27.76, Ames National Corp is traded at close to its historical median P/S valuation band of $26.91. The P/S ratio of the stock is 5.27, while the historical median P/S ratio is 5.11. The stock gained 5.84% during the past 12 months.

For the complete 20-year historical financial data of ATLO, click here.