AMES NATIONAL CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | $29.7M | $8.3M | $4.5M |
| Pretax income | $23.9M | $12.2M | $12.9M | $25.2M | $30.7M |
| Income tax expense | $4.8M | $2.0M | $2.1M | $5.9M | $6.8M |
| Net income | $19.0M | $10.2M | $10.8M | $19.3M | $23.9M |
| Balance Sheet | |||||
| Cash and equivalents | $126.8M | $101.2M | $55.1M | $27.9M | $89.1M |
| Total assets | $2.1B | $2.1B | $2.2B | $2.1B | $2.1B |
| Total liabilities | $1.9B | $2.0B | $2.0B | $2.0B | $1.9B |
| Stockholders' equity | $207.9M | $174.7M | $165.8M | $149.1M | $207.8M |
| Cash Flow Statement | |||||
| Cash from operations | $21.3M | $14.3M | $19.2M | $21.2M | $30.5M |
| Depreciation and amortization | $1.3M | $1.4M | $1.2M | $1.4M | $1.4M |
| Capital expenditure | $642,000 | $298,000 | $4.9M | $2.9M | $1.9M |
| Free cash flow | $20.7M | $14.0M | $14.3M | $18.4M | $28.6M |
| Dividends paid | $7.1M | $9.1M | $9.7M | $9.7M | $9.4M |
| Share repurchases | $1.7M | $704,000 | $0 | $2.3M | $710,000 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 8.9M · Free float 97.4%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.