AI brief of an SEC Form 8-K · AMES NATIONAL CORP (ATLO)

Ames National Q3 profit rises to $7.0 million, or $0.80 per share

Positive Impact 3 of 5 earnings Written later

Ames National Corporation reported third-quarter 2026 net income of $7.0 million, or $0.80 per share, up from $4.6 million, or $0.51 per share, a year earlier. The increase was driven mainly by higher net interest income, which rose 20.7% to $17.0 million as yields improved and funding costs fell.

Key points

  • Nine-month 2026 net income was $18.9 million, or $2.14 per share, versus $12.5 million, or $1.41 per share, in the same period of 2025.
  • Net interest margin improved to 3.38% for the third quarter of 2026, compared with 2.83% a year earlier.
  • Noninterest expense rose 9.6% to $11.2 million, including $600 thousand of consultant fees tied to contract negotiations that are expected to continue through 2026.

The filing

CompanyAMES NATIONAL CORP (ATLO)
Form8-K, current report
Filed with the SECOct 16, 2026, 4:10 PM ET
Accession number0001437749-26-032805

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 October 16, 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.