Ames National Q2 net income rises to $5.9 million, or $0.67 per share
Ames National reported second-quarter 2026 net income of $5.9 million, or $0.67 per share, up from $4.5 million, or $0.51 per share, a year earlier. The company said higher net interest income, driven by higher yields and a lower cost of funds, was the main reason for the increase. Substandard loans rose to $50.7 million from $23.5 million a year earlier, which shareholders may want to monitor.
Key points
- Q2 2026 net income was $5.9 million, or $0.67 per share, versus $4.5 million, or $0.51 per share, in Q2 2025.
- Six-month net income was $11.9 million, or $1.34 per share, versus $8.0 million, or $0.89 per share, a year earlier.
- Net interest margin was 3.18% for Q2 2026, compared with 2.65% a year earlier; net interest income was $16.4 million, up 21.7%.
- Substandard loans were $50.7 million as of June 30, 2026, compared with $23.5 million as of June 30, 2025.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 17, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.