Metrics to compare | ATLO | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipATLOPeersSector | |
|---|---|---|---|---|
P/E Ratio | 11.8x | 10.6x | 10.0x | |
PEG Ratio | 0.17 | 0.18 | 0.03 | |
Price/Book | 1.3x | 1.2x | 1.0x | |
Price / LTM Sales | 3.8x | 3.5x | 2.9x | |
Upside (Analyst Target) | 1.4% | 4.8% | 14.0% | |
Fair Value Upside | Unlock | 1.2% | 2.7% | Unlock |
Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union Counties in central, north-central, and south-central Iowa. It accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. The company also provides loans, such as short-term and medium-term commercial, multi-family and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; consumer loans to finance consumer purchases, such as automobiles, trucks, recreational vehicles, household furnishings, boats, 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, it offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit, 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 headquartered in Ames, Iowa.