Fri, May 9, 4:03 PM (45 days ago)
**Ames National Corporation (ATLO) Q1 2025 Financial Summary** **Company Overview:** - **Ticker:** ATLO - **Filing:** 10-Q (Quarterly Report) - **Period:** Three months ended March 31, 2025 **Financial Health:** - **Revenue:** $21.12 million (up from $20.11 million in Q1 2024) - **Net Income:** $3.44 million (up from $2.30 million in Q1 2024) - **Earnings per Share (EPS):** $0.39 (up from $0.26 in Q1 2024) - **Profit Margins:** Improved profitability with higher net interest income and controlled expenses. - **Cash Flow:** Positive operating cash flow of $7.12 million, supported by investing and financing activities. **Performance Metrics:** - **Net Interest Income:** $12.92 million (up from $10.91 million in Q1 2024) - **Noninterest Income:** $2.55 million (up from $2.18 million in Q1 2024) - **Noninterest Expense:** $10.26 million (relatively stable compared to $10.19 million in Q1 2024) - **Efficiency Ratio:** Improved to 66.38% from 77.92% in Q1 2024, indicating better operational efficiency. **Quarterly Performance:** - **Revenue Growth:** Driven by increased loan volumes and higher interest rates. - **Profitability:** Enhanced by better net interest margins and controlled operating expenses. - **Cash Flow:** Strong operating cash flow, supported by effective liquidity management. **Trends and Uncertainties:** - **Economic Conditions:** Positive trends in loan growth and deposit retention. - **Market Risks:** Potential impacts from interest rate changes and economic fluctuations. - **Future Operations:** Focus on maintaining liquidity, managing credit risk, and optimizing operational efficiency. **Dividends:** - Declared a dividend of $0.20 per share, payable on June 13, 2025. **Conclusion:** Ames National Corporation reported strong financial performance in Q1 2025, with significant improvements in revenue, net income, and operational efficiency. The company continues to focus on managing liquidity, credit risk, and operational efficiency to sustain growth and profitability.