Ames NationalATLO -1.50%59 Net Margin % is 32.72% as of Mar. 2026, which is 10% above its 10-year median of 29.73. GuruFocus rates ATLO with a GF Score™ of 59/100 and a GF Value™ of $24.11 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,526 Banks companies, Ames National ranks better than 64.29% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Ames National's Net Income for the
three
months ended in Mar. 2026 was $5.96 Mil. Ames National's Revenue for the
three
months ended in Mar. 2026 was $18.22 Mil. Therefore, Ames National's net margin for the quarter that ended in Mar. 2026 was 32.72%.
The historical rank and industry rank for Ames National's Net Margin % or its related term are showing as below:
ATLO'
s Net Margin % Range Over the Past 10 Years
Min: 18.64 Med: 29.73 Max: 35.94
Current: 30.96
ATLO's Net Margin % is ranked better than 64.29% of 1526
companies
in the Banks industry
Industry Median: 26.97
vs ATLO: 30.96
Ames National (NAS:ATLO) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Ames National Net Margin % Related Terms
Ames National Net Margin % Historical Data
* Premium members only.
The historical data trend for Ames National's Net 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.
For the Banks - Regional subindustry, Ames National's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Ames National's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ames National's Net Margin % falls into.
* 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 (ATLO) has a Net Margin % of 32.72% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ames National and its competitors. This is 10% above median its historical median of 29.73. Over the past decade, Ames National's Net Margin % has ranged from 18.64 to 35.94. According to the industry distribution chart, Ames National ranks #545 out of 1526 companies in the Banks industry, placing it in the top 35.7%.
Is Ames National's Net Margin % too high?
Ames National's current Net Margin % of 32.72% is 10% above median its 10-year median of 29.73. Over the past 10 years, this metric has ranged from a low of 18.64 to a high of 35.94. The Banks industry median Net Margin % is 26.97. Ames National's value of 32.72% is 21.3% above this industry median. Based on the distribution chart, Ames National ranks #545 out of 1526 companies in the Banks industry, which is above the industry midpoint. Overall, Ames National has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ames National's Net Margin % compare to FUNC and HWBK?
According to the Banks industry distribution chart, Ames National ranks #545 out of 1526 companies for Net Margin %. This puts Ames National in the upper half of its industry. The industry median Net Margin % is 26.97. Ames National's value of 32.72% is 21.3% above this benchmark. Historically, Ames National's own Net Margin % has ranged from 18.64 to 35.94 over the past decade. While the company's 10-year median is 29.73 vs. the industry median of 26.97, Ames National has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.97, based on 1,526 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ames National's current Net Margin % of 32.72% is 21.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Ames National and its competitors. For the Banks industry, the median Net Margin % is 26.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ames National's current Net Margin % is 32.72%, which is 10% above median its own 10-year median of 29.73. 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 $24.11, compared to a current price of $30.21 — trading 25.3% above its estimated fair value. The current Net Margin % is 32.72%, which is 10% above median its 10-year median of 29.73 and 21.3% above the Banks industry median of 26.97. Ames National's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Ames National (ATLO), the current Net Margin % is 32.72% as of Mar. 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 $30.21 is trading 25.3% above its estimated GF Value™ of $24.11.
GuruFocus considers Ames National to be Modestly Overvalued.
Key valuation signals for ATLO:
Net Margin %: 32.72% (10% above median its 10-year median of 29.73)
GF Value™: $24.11 vs. price of $30.21 (25.3% above fair value)
Industry Position: 21.3% above the Banks median (#545 of 1526)
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 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.
59GF Score
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