Ames National Corporation Reports Q3 Earnings
The Ames-based company announced a net income of $7 million for the third quarter of 2026.
Updated on Oct. 16, 2026 in Corporate Finance
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Ames National Corporation posted a net income of $7 million for the third quarter of 2026. The financial report also highlighted earnings per share of 80 cents on $27.1 million in total revenue.
Why it matters
The latest results offer a snapshot of the regional firm's fiscal health and performance during the third quarter. These figures provide investors with essential updates on the company's profitability and revenue generation.
Ames National Corporation recorded $20.4 million in revenue net of interest expense. Shares of the company closed at $31.91, reflecting a 62% increase over the last 12 months.
The players
Ames National Corporation
Ames National Corporation is a regional bank holding company headquartered in Ames, Iowa.
The details
The report indicates total revenue reached $27.1 million for the period, supported by revenue net of interest expense totaling $20.4 million. Shares have experienced significant growth, rising 39% since the start of 2026.
Timeline
The third-quarter financial results were reported on October 16, 2026.
The net income figures cover the period of Q3 2026.
Market Dynamics
The company's stock appreciation reflects the broader sector performance of regional bank holding companies during the current fiscal year. This growth highlights the market trajectory for regional financial institutions compared to historical benchmarks.
Retail investors and stakeholders in Ames National Corporation should note the recent share price increase of 62% over the past year. This performance informs long-term portfolio considerations regarding regional banking stock allocations.
The takeaway
The company maintains a focus on core interest-based revenue streams while demonstrating significant annual stock appreciation. Investors should continue monitoring how regional interest expense trends impact net income in future quarters.
Further reading
For more information on regional banking performance, visit the Ames Corporate Finance section.
Source note: This article includes information reported by WTOP.
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