Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. The company accepts a range of deposits, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; personal loans and lines of credit; agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market. In addition, the company offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit of payroll and social security check, and automated/video teller machine access services; and automatic drafts for various accounts, as well as wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online, mobile, and private banking services. Ames National Corporation was founded in 1903 and is based in Ames, Iowa.
Revenue of Ames National Corporation (ATLO)
Revenue in 2023 (TTM): $53.84 M
According to Ames National Corporation's latest financial reports the company's current revenue (TTM) is $53.84 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Ames National Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $53.84 M | $53.84 M | $ | $12.89 M | $10.82 M |
| 2022 | $62.93 M | $62.93 M | $27.16 M | $25.16 M | $19.29 M |
| 2021 | $66.53 M | $66.53 M | $32.7 M | $30.67 M | $23.91 M |
| 2020 | $65.46 M | $65.46 M | $25.5 M | $23.23 M | $18.85 M |
| 2019 | $53.88 M | $53.88 M | $22.89 M | $21.04 M | $17.19 M |
| 2018 | $50.02 M | $50.02 M | $22.98 M | $21.42 M | $17.01 M |
| 2017 | $48.21 M | $48.21 M | $22.79 M | $21.28 M | $13.7 M |
| 2016 | $48.02 M | $48.02 M | $24.12 M | $22.54 M | $15.73 M |
| 2015 | $47.24 M | $47.24 M | $22.39 M | $20.82 M | $15.01 M |
| 2014 | $44.43 M | $44.43 M | $22.08 M | $20.87 M | $15.25 M |
| 2013 | $41.08 M | $41.08 M | $19.68 M | $18.61 M | $13.95 M |
| 2012 | $39.76 M | $39.76 M | $19.91 M | $18.93 M | $14.18 M |
| 2011 | $37.86 M | $37.86 M | $19.21 M | $18.47 M | $13.92 M |
| 2010 | $36.45 M | $36.46 M | $18.22 M | $17.47 M | $12.97 M |
| 2009 | $35.62 M | $35.62 M | $13.04 M | $11.3 M | $9.01 M |
| 2008 | $38.16 M | $38.16 M | $ | $7.2 M | $6.35 M |
| 2007 | $31.23 M | $-3,171,047,702 | $ | $14.55 M | $11.01 M |
| 2006 | $29.66 M | $29.66 M | $ | $14.34 M | $10.94 M |
| 2005 | $30.99 M | $30.99 M | $ | $15.44 M | $11.61 M |
| 2004 | $32.06 M | $32.06 M | $18.28 M | $16.64 M | $12.39 M |
| 2003 | $31.41 M | $31.41 M | $ | $15.95 M | $11.62 M |
| 2002 | $29.74 M | $29.74 M | $ | $15.78 M | $11.34 M |
| 2001 | $27.67 M | $27.67 M | $ | $15.19 M | $10.55 M |
| 2000 | $4.59 M | $4.59 M | $ | $12.71 M | $9.12 M |