Ames National: Q4 Earnings Snapshot – WTOP News

AMES, Iowa (AP) — AMES, Iowa (AP) — Ames National Corp. (ATLO) on Friday reported fourth-quarter profit of $6.5 million.

The bank, based in Ames, Iowa, said it had earnings of 73 cents per share.

The bank posted revenue of $26.1 million in the period. Its revenue net of interest expense was $18.7 million, which topped Street forecasts.

For the year, the company reported profit of $19 million, or $2.14 per share. Revenue was reported as $66.8 million.

Ames National shares have climbed almost 6% since the beginning of the year. In the final minutes of trading on Friday, shares hit $24.27, an increase of 38% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATLO at https://www.zacks.com/ap/ATLO

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