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Ames National Corporation
-6.05%
Financial services / Banking and Financial Services
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Ames National Corporation is a bank holding company headquartered in Ames, Iowa. It was founded in 1903, and its main subsidiary is Ames National Bank, which was established in 1868. The company offers a variety of banking services such as consumer and commercial loans, deposit accounts, trust and investment management, and electronic banking. It operates 11 banking offices in central Iowa and has over $1 billion in assets.
Ames National Corporation is publicly traded on the NASDAQ under the ticker symbol "ATLO." Its CEO is John P. Nelson, and the Chairman of the Board is John L. Jack. The company prides itself on its strong community presence and commitment to providing personalized and high-quality customer service.
In addition to its banking subsidiaries, Ames National Corporation also owns a data services company, a mortgage services company, and a real estate company. These subsidiaries help to diversify the company's revenue streams and provide additional financial services to customers.
Ames National Corporation has received several awards and recognitions for its financial performance and community involvement, including being named one of Forbes' Best Banks in America in 2020.
Overall, the company is dedicated to providing reliable and secure banking services to its local communities while also fostering growth and long-term stability for its shareholders.
Ames National Corporation is publicly traded on the NASDAQ under the ticker symbol "ATLO." Its CEO is John P. Nelson, and the Chairman of the Board is John L. Jack. The company prides itself on its strong community presence and commitment to providing personalized and high-quality customer service.
In addition to its banking subsidiaries, Ames National Corporation also owns a data services company, a mortgage services company, and a real estate company. These subsidiaries help to diversify the company's revenue streams and provide additional financial services to customers.
Ames National Corporation has received several awards and recognitions for its financial performance and community involvement, including being named one of Forbes' Best Banks in America in 2020.
Overall, the company is dedicated to providing reliable and secure banking services to its local communities while also fostering growth and long-term stability for its shareholders.
What is special about the company?
Ames National Corporation is a banking and financial services company based in Ames, Iowa. It stands out for several reasons:
1. Long-standing history: The company was founded in 1903, making it one of the oldest companies in Iowa. With over a century of experience, it has established a strong reputation in the banking and financial industry.
2. Local focus: Unlike many larger banking corporations, Ames National Corporation has a strong focus on serving its local community. This allows for a deeper understanding of the needs and preferences of its customers.
3. Personalized service: With its smaller size and local focus, the company is able to provide more personalized services to its customers. This includes offering personalized loan options, investment strategies, and financial advice.
4. Financial stability: Ames National Corporation has consistently shown strong financial performance, with stable growth and profitability. This provides customers with a sense of security and trust in the company.
5. Commitment to community: The company is known for its involvement and support in the local community through various philanthropic initiatives and partnerships. This reflects its commitment to being a responsible and socially conscious corporation.
6. Independent ownership: Ames National Corporation is an independently owned and operated company, which allows for more flexibility and agility in decision making. This also means that the company can focus on long-term growth and success, rather than short-term profits for shareholders.
1. Long-standing history: The company was founded in 1903, making it one of the oldest companies in Iowa. With over a century of experience, it has established a strong reputation in the banking and financial industry.
2. Local focus: Unlike many larger banking corporations, Ames National Corporation has a strong focus on serving its local community. This allows for a deeper understanding of the needs and preferences of its customers.
3. Personalized service: With its smaller size and local focus, the company is able to provide more personalized services to its customers. This includes offering personalized loan options, investment strategies, and financial advice.
4. Financial stability: Ames National Corporation has consistently shown strong financial performance, with stable growth and profitability. This provides customers with a sense of security and trust in the company.
5. Commitment to community: The company is known for its involvement and support in the local community through various philanthropic initiatives and partnerships. This reflects its commitment to being a responsible and socially conscious corporation.
6. Independent ownership: Ames National Corporation is an independently owned and operated company, which allows for more flexibility and agility in decision making. This also means that the company can focus on long-term growth and success, rather than short-term profits for shareholders.
What the company's business model?
The Ames National Corporation is a bank holding company that provides a range of banking and financial services to individual and business customers. Its business model is focused on traditional banking activities such as accepting deposits, making loans, and providing other financial services such as investment management and trust services. The company aims to maintain a strong and stable financial position by managing risks and making profitable investments. It also seeks to build long-term relationships with its customers by providing exceptional customer service and personalized solutions to meet their financial needs. Additionally, the company strives to be a responsible corporate citizen by supporting the communities it serves and promoting economic growth and development.
Interesting facts about the company
1. The Ames National Corporation is a bank holding company headquartered in Ames, Iowa.
2. It was founded in 1908 as the Ames Savings and Loan Association and was initially focused on providing mortgage loans to the citizens of Ames.
3. The company expanded its services and changed its name to Ames National Corporation in 1973, becoming a publicly traded company.
4. As of 2021, the company has 10 banking locations across Central Iowa and manages over $2.2 billion in assets.
5. Ames National Corporation is listed on the NASDAQ stock exchange under the ticker symbol ATLO.
6. The company has been consistently profitable since its founding and has paid dividends to its shareholders every year since 1935.
7. In addition to its banking services, the company also offers investment management, trust, and brokerage services through its subsidiary, Ames National Corporation Trust & Financial Services.
8. The company prides itself on being deeply involved in the communities it serves, with its employees actively volunteering and supporting local organizations and events.
9. Ames National Corporation has received numerous awards and recognition for its financial performance and community involvement, including being named one of the top 200 community banks in the country by the Independent Community Bankers of America.
10. The company has a long history of supporting education, including providing scholarships to local high school graduates and supporting programs that promote financial literacy for students.
See Company Due Diligence:
2. It was founded in 1908 as the Ames Savings and Loan Association and was initially focused on providing mortgage loans to the citizens of Ames.
3. The company expanded its services and changed its name to Ames National Corporation in 1973, becoming a publicly traded company.
4. As of 2021, the company has 10 banking locations across Central Iowa and manages over $2.2 billion in assets.
5. Ames National Corporation is listed on the NASDAQ stock exchange under the ticker symbol ATLO.
6. The company has been consistently profitable since its founding and has paid dividends to its shareholders every year since 1935.
7. In addition to its banking services, the company also offers investment management, trust, and brokerage services through its subsidiary, Ames National Corporation Trust & Financial Services.
8. The company prides itself on being deeply involved in the communities it serves, with its employees actively volunteering and supporting local organizations and events.
9. Ames National Corporation has received numerous awards and recognition for its financial performance and community involvement, including being named one of the top 200 community banks in the country by the Independent Community Bankers of America.
10. The company has a long history of supporting education, including providing scholarships to local high school graduates and supporting programs that promote financial literacy for students.
See Company Due Diligence:
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