Ames National: Q1 Earnings Snapshot
By AP News
Published - May 10, 2023, 03:43 PM ET
Last Updated - Jun 21, 2023, 08:59 PM EDT
AMES, Iowa (AP) — AMES, Iowa (AP) — Ames National Corp. (ATLO) on Tuesday reported first-quarter profit of $3.2 million.
The Ames, Iowa-based bank said it had earnings of 36 cents per share.
The bank posted revenue of $19.5 million in the period. Its revenue net of interest expense was $13.9 million, surpassing Street forecasts.
Ames National shares have decreased 24% since the beginning of the year. The stock has declined 23% in the last 12 months.
