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Net Income for Ames National (ATLO)

According to Ames National's latest reported financial statements, the company's current net income (TTM) is $21.54M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$21.54M

YoY change

+86.2%

5Y CAGR

+0.2%

Peak year (2021)

$23.91M

Cumulative net income

$354.99M

Net Income history chart for Ames National (ATLO) from 2000 to 2025

Net Income history table for Ames National (ATLO) from 2000 to 2025

Fiscal yearPeriod endedReportedNet IncomeYoY
2025$19.03M+86.2%
2024$10.22M-5.5%
2023$10.82M-43.9%
2022$19.29M-19.3%
2021$23.91M+26.9%
2020$18.85M+9.6%
2019$17.19M+1.1%
2018$17.01M+24.2%
2017$13.70M-12.9%
2016$15.73M+4.8%
2015$15.01M-1.6%
2014$15.25M+9.3%
2013$13.95M-1.6%
2012$14.18M+1.9%
2011$13.92M+7.4%
2010$12.97M+44.0%
2009$9.01M+41.8%
2008$6.35M-42.3%
2007$11.01M+0.6%
2006$10.94M-5.7%
2005$11.61M-6.3%
2004$12.39M+6.6%
2003$11.62M+2.5%
2002$11.34M+7.5%
2001$10.55M+15.7%
2000$9.12M

Net Income values are taken from Ames National's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

The 2025 reading of Ames National (ATLO) net income is $19.03M – surged 86.2% year-over-year.

Ames National net income has recorded the values shown across consecutive periods, with a +0.2% compound annual growth rate over 2020–2025 (5 years).

Ames National net income peaked at $23.91M in 2021; the latest annual figure is $19.03M in 2025 (20.4% below peak).

The highest annual net income of $23.91M was reported in 2021. The lowest in the available history was $6.35M in 2008.

Within Financial Services, Ames National (ATLO) ranks 9th among 8 peers we track. The peer median for net income is $20.70B.

Ames National Net Income by Year

Ames National Net Income 2025: $19.03M

Ames National net income in 2025 was $19.03M, surged 86.2% from 2024.

Ames National Net Income 2024: $10.22M

Ames National net income in 2024 was $10.22M, declined 5.5% below 2023.

Ames National Net Income 2023: $10.82M

Ames National net income in 2023 was $10.82M, plunged 43.9% below 2022.

Ames National Net Income 2022: $19.29M

Ames National net income in 2022 was $19.29M, declined 19.3% below 2021.

Ames National Net Income 2021: $23.91M

Ames National net income in 2021 was $23.91M.

See more financial history for Ames National (ATLO).

Sector peers — Net Income

Companies in the same sector as Ames National, ranked by their latest net income.

CompanyNet IncomeSector
Berkshire Hathaway Inc. (BRK-B)$66.97BFinancial Services
JPMorgan Chase & Co. (JPM)$57.05BFinancial Services
Bank of America Corporation (BAC)$30.51BFinancial Services
Wells Fargo & Company (WFC)$21.34BFinancial Services
Visa Inc. (V)$20.06BFinancial Services
The Goldman Sachs Group, Inc. (GS)$17.18BFinancial Services
Morgan Stanley (MS)$16.86BFinancial Services
Mastercard Incorporated (MA)$14.97BFinancial Services

Frequently asked questions

What is Ames National's net income?

Latest reported net income for Ames National (ATLO) is $21.54M (period ending March 31, 2026).

How has Ames National net income changed year-over-year?

Ames National (ATLO) net income changed +86.2% year-over-year on the latest annual filing.

What is the long-term growth rate of Ames National net income?

Ames National (ATLO) net income compound annual growth rate is +0.2% over the most recent 5 years available.

When did Ames National net income hit its highest annual value?

Ames National net income reached its highest annual value of $23.91M in 2021.

What was Ames National net income in 2024?

Ames National (ATLO) net income in 2024 was $10.22M.

What was Ames National net income in 2025?

Ames National (ATLO) net income in 2025 was $19.03M.

Metrics overview

Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.