Ames National Corporation Reports $7 Million Q3 Income
The Ames-based bank recorded $27.1 million in total revenue during the third quarter of 2026.
Updated on Oct. 16, 2026 in Corporate Finance
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Ames National Corporation reported $7 million in net income for the third quarter of 2026. The financial results included total revenue of $27.1 million as the bank continues to show growth in its equity valuation.
Why it matters
Ames National Corporation results provide a benchmark for regional banking performance in central Iowa. Operators should track how the bank's earnings and stock performance reflect broader local economic trends.
Ames National Corporation reported $7 million in net income on $27.1 million in total revenue for the third quarter. Earnings per share reached 80 cents, while company shares have risen 62% over the last 12 months.
The players
Ames National Corporation
A financial holding company headquartered in Ames, Iowa, that operates as a regional banking institution.
The details
Ames National Corporation reported revenue net of interest expense at $20.4 million for the third quarter. The firm's shares closed at $31.91, reflecting a 39% increase since the beginning of 2026.
Timeline
The financial results cover the third quarter of 2026.
The corporation reported its financial results on October 16, 2026.
Market Landscape
Ames National Corporation shares have increased 39% since the beginning of 2026. This performance marks a notable period of growth for the Ames-based financial institution.
Local business owners should monitor the bank's earnings as a signal of lending capacity and regional economic stability. Tracking these quarterly metrics helps gauge the capital availability for local expansion.
The takeaway
The bank's 62% share price increase over the last 12 months suggests a strong investor outlook for the regional lender. Operators should keep the 80 cents per share metric on file to benchmark the institution's ongoing profitability.
Further reading
For more on the financial health of local entities, see Corporate Finance.
Source note: This article includes information reported by WTOP.
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