ATLO (Ames National) Net Income (Continuing Operations): $22.96 Mil (TTM As of Jun. 2026)

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ATLO Ames National Corp ATLO
61 GF Score
Price $31.89
GF Value $25.54
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Ames National Net Income (Continuing Operations)?

Ames National ATLO +0.79% 61 Net Income (Continuing Operations) is $22.96 Mil as of Jun. 2026. GuruFocus rates ATLO with a GF Score™ of 61/100 and a GF Value™ of $25.54 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Ames National's Net Income (Continuing Operations) for the three months ended in Jun. 2026 was $5.93 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 was $22.96 Mil.

Ames National  (NAS:ATLO) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Ames National Net Income (Continuing Operations) Related Terms

Ames National Net Income (Continuing Operations) Historical Data

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The historical data trend for Ames National's Net Income (Continuing Operations) 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.

Ames National Net Income (Continuing Operations) Chart

Ames National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.91 19.29 10.82 10.22 19.03

Ames National Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income (Continuing Operations) 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 4.51 4.56 6.51 5.96 5.93
ATLO
61GF Score
Ames National Corp ATLO
Net Income (Continuing Operations) is just one metric. See GF Score™, valuation, warning signs, and more.
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Ames National Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.96 Mil.

* 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.

What does a Net Income (Continuing Operations) of $22.96 Mil mean?
Ames National (ATLO) has a Net Income (Continuing Operations) of $22.96 Mil as of Jun. 2026. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Ames National and its competitors.
Is Ames National's Net Income (Continuing Operations) too high?
Ames National's current Net Income (Continuing Operations) is $22.96 Mil. Overall, Ames National has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ames National's Net Income (Continuing Operations) compare to HWBK and ISBA?
Ames National's Net Income (Continuing Operations) of $22.96 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income (Continuing Operations) for a Banks company?
A good Net Income (Continuing Operations) depends on the Banks industry context. However, Net Income (Continuing Operations) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Ames National and its competitors. Ames National's current Net Income (Continuing Operations) is $22.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ames National stock overvalued right now?
Based on GuruFocus' analysis, Ames National (ATLO) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.54, compared to a current price of $31.89 — trading 24.9% above its estimated fair value. The current Net Income (Continuing Operations) is $22.96 Mil. Ames National's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Ames National (ATLO), the current Net Income (Continuing Operations) is $22.96 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ames National (ATLO) Overvalued in 2026?

Based on GuruFocus' analysis, Ames National stock appears to be overvalued. The current stock price of $31.89 is trading 24.9% above its estimated GF Value™ of $25.54. GuruFocus considers Ames National to be Modestly Overvalued.

Key valuation signals for ATLO:

  • Net Income (Continuing Operations): $22.96 Mil
  • GF Value™: $25.54 vs. price of $31.89 (24.9% above fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the ATLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ames National Business Description

Address 323 Sixth Street, Ames, IA, USA, 50010
Ames National Corporation is a bank holding company based in the United States. Through its subsidiaries, it provides a range of banking and other financial products and services to customers in Iowa, mainly in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union in central, north-central, and south-central Iowa. The Group offers several financial products and services, including checking and savings accounts, time deposits, commercial, construction, and agricultural loans, personal loans, lines of credit, cash management services, merchant credit card processing, safe deposit boxes, and ATM services, among others. It caters to the banking needs of a diverse range of customers, including individuals, businesses, professionals, and enterprises.
61GF Score

Get the complete analysis for ATLO

Net Income (Continuing Operations) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.89
Price
$25.54
GF Value