ATLONasdaqNational Commercial BanksFiscal year ends December 31
AMES NATIONAL CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$32.31+0.14 (+0.44%)
Close on Oct 19, 2026
- Market cap
- $286.18M
- P/E (TTM)
- 12.5
- Dividend yield
- 1.86%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
40.9%
4M of 9M shares
Institutional holders
100
17 new, 4 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
20 buys · 0 sales
Net bought $103.27K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Fourthstone LLC | 683,250 | 7.71% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 648,408 | 7.20% | 13G (passive) | Dec 31, 2023 |
| Vanguard Capital Management | 458,547 | 5.17% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ATLO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 683,151 | 7.71% | $20.23M | +73,992 | 0.00% |
| Vanguard Capital Management LLC | 387,611 | 4.38% | $11.48M | −12,608 | 0.00% |
| Dimensional Fund Advisors LP | 299,300 | 3.38% | $8.86M | +26,260 | 0.00% |
| Geode Capital Management, LLC | 223,415 | 2.52% | $6.62M | +20,933 | 0.00% |
| State Street Corp | 204,851 | 2.31% | $6.07M | +53,081 | 0.00% |
| American Century Companies Inc | 137,955 | 1.56% | $4.08M | +92,764 | 0.00% |
| Arrowstreet Capital, Limited Partnership | 135,903 | 1.53% | $4.02M | +35,511 | 0.00% |
| Qube Research & Technologies Ltd | 85,233 | 0.96% | $2.52M | New | 0.00% |
| Marshall Wace, Llp | 83,618 | 0.94% | $2.48M | +26,632 | 0.00% |
| Elizabeth Park Capital Advisors, Ltd. | 80,480 | 0.91% | $2.38M | – | 1.65% |
| Northern Trust Corp | 74,396 | 0.84% | $2.20M | +4,621 | 0.00% |
| Renaissance Technologies LLC | 62,184 | 0.70% | $1.84M | +24,200 | 0.00% |
| Vanguard Portfolio Management LLC | 60,601 | 0.68% | $1.79M | +9,132 | 0.00% |
| Vanguard Fiduciary Trust Co | 59,174 | 0.67% | $1.75M | +3,312 | 0.00% |
| LPL Financial LLC | 58,546 | 0.66% | $1.73M | +1,369 | 0.00% |
| Aqr Capital Management LLC | 56,205 | 0.63% | $1.66M | +24,033 | 0.00% |
| Morgan Stanley | 53,461 | 0.60% | $1.58M | +6,545 | 0.00% |
| Ames National Corp | 46,557 | 0.53% | $1.33M | – | 0.73% |
| O'Shaughnessy Asset Management, LLC | 43,214 | 0.49% | $1.28M | +9,540 | 0.01% |
| Connor, Clark & Lunn Investment Management Ltd. | 43,074 | 0.49% | $1.28M | +16,097 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 100 | 4M | 40.9% | 17 / 53 | 14 / 4 | 1M | 1M |
| Q1 2026 | 89 | 4M | 40.4% | 14 / 30 | 26 / 5 | 1M | 0M |
| Q4 2025 | 81 | 3M | 36.7% | 11 / 32 | 17 / 7 | 0M | 0M |
| Q3 2025 | 77 | 3M | 32.9% | 12 / 29 | 15 / 3 | 0M | 0M |
| Q2 2025 | 69 | 3M | 30.8% | 8 / 28 | 16 / 8 | 0M | 0M |
| Q1 2025 | 69 | 3M | 30.0% | 9 / 19 | 20 / 3 | 0M | 0M |
| Q4 2024 | 64 | 3M | 29.3% | 12 / 21 | 15 / 6 | 0M | 0M |
| Q3 2024 | 58 | 2M | 27.7% | 7 / 17 | 18 / 6 | 1M | 0M |
| Q2 2024 | 58 | 2M | 26.8% | 9 / 24 | 15 / 6 | 0M | 0M |
| Q1 2024 | 55 | 3M | 28.4% | 4 / 16 | 21 / 3 | 0M | 0M |
| Q4 2023 | 54 | 2M | 27.8% | 6 / 19 | 16 / 7 | 0M | 0M |
| Q3 2023 | 55 | 2M | 26.0% | 7 / 20 | 16 / 6 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ATLO | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 280,413 | 3.17% | $8.30M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 267,484 | 3.02% | $7.92M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 98,517 | 1.11% | $2.92M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 97,966 | 1.11% | $3.00M | 0.01% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 88,982 | 1.00% | $2.63M | 0.02% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 88,146 | 1.00% | $2.53M | 0.01% | May 31, 2026 |
| U.S. Targeted Value Portfolio | 53,958 | 0.61% | $1.65M | 0.01% | Jul 31, 2026 |
| Vanguard Russell 2000 Index Fund | 45,808 | 0.52% | $1.32M | 0.01% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 40,428 | 0.46% | $1.16M | 0.00% | May 31, 2026 |
| Dimensional U.S. Targeted Value ETF | 39,515 | 0.45% | $1.21M | 0.01% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 38,651 | 0.44% | $1.18M | 0.01% | Jul 31, 2026 |
| iShares Micro-Cap ETF | 31,221 | 0.35% | $924.45K | 0.06% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 30,073 | 0.34% | $919.93K | 0.01% | Jul 31, 2026 |
| Dimensional U.S. Small Cap ETF | 29,453 | 0.33% | $900.97K | 0.01% | Jul 31, 2026 |
| First Trust Active Factor Small Cap ETF | 27,231 | 0.31% | $782.62K | 0.79% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| John Patrick Nelson | President, Director | 30,205 | 0.34% | Feb 3, 2026 |
| Justin C. Clausen | Chief Financial Officer | 1,063 | 0.01% | Feb 3, 2026 |
| Michael A. Wilson | Executive Vice President | 2,900 | 0.03% | Jun 3, 2025 |
| Jeffery C. Baker | Director | 3,879 | 0.04% | Sep 10, 2026 |
| Michelle R. Cassabaum | Director | 10,308 | 0.12% | Sep 1, 2026 |
| Douglas W. Beals | Director | 3,275 | 0.04% | Aug 21, 2026 |
| Patrick G. Hagan | Director | 15,835 | 0.18% | May 15, 2026 |
| Amy F. Rieck | Director | 1,008 | 0.01% | May 4, 2026 |
| Horras Betty A. Baudler | Director | 25,475 | 0.29% | Apr 30, 2026 |
| Lisa M. Eslinger | Director | 3,293 | 0.04% | Feb 3, 2026 |
| Everett S. Miles | Director | 841 | 0.01% | Feb 3, 2026 |
| Scot A. Trost | Director | 1,000 | 0.01% | Dec 10, 2025 |
| Kevin L. Swartz | Director | 5,380 | 0.06% | Nov 24, 2025 |
| David W. Benson | Director | 15,320 | 0.17% | May 1, 2025 |
| Richard Schreier | – | 12,187 | 0.14% | Aug 17, 2026 |
| Scott T. Bauer | – | 14,438 | 0.16% | Feb 10, 2026 |
| Adam Snodgrass | – | 1,126 | 0.01% | Feb 5, 2026 |
| Jeffrey K. Putzier | – | 4,479 | 0.05% | Jan 22, 2026 |
| Michael P. Carr | – | 1,215 | 0.01% | Jan 22, 2026 |
| Dan E. Johnson | – | 1,829 | 0.02% | Jun 11, 2025 |
| Robert A. Thomas | – | 2,300 | 0.03% | May 19, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jeffery C. Baker Director | Sep 9, 2026 | Buy | +300 | $31.88 | $9.56K | 3,879 |
| Michelle R. Cassabaum Director | Aug 31, 2026 | Buy | +180 | $31.54 | $5.68K | 10,308 |
| Douglas W. Beals Director | Aug 20, 2026 | Buy | +325 | $31.16 | $10.13K | 3,275 |
| Richard Schreier – | Aug 14, 2026 | Buy | +316 | $31.60 | $9.99K | 7,848 |
| Michelle R. Cassabaum Director | Jul 31, 2026 | Buy | +140 | $30.20 | $4.23K | 10,128 |
| Michelle R. Cassabaum Director | May 29, 2026 | Buy | +170 | $28.83 | $4.90K | 9,988 |
| Patrick G. Hagan Director | May 15, 2026 | Buy | +200 | $27.69 | $5.54K | 9,600 |
| Patrick G. Hagan Director | May 12, 2026 | Buy | +100 | $27.65 | $2.77K | 9,400 |
| Michelle R. Cassabaum Director | Apr 30, 2026 | Buy | +84 | $28.08 | $2.36K | 9,818 |
| Michelle R. Cassabaum Director | Feb 27, 2026 | Buy | +205 | $27.25 | $5.59K | 9,734 |
| Michelle R. Cassabaum Director | Jan 30, 2026 | Buy | +280 | $26.11 | $7.31K | 9,193 |
| Scot A. Trost Director | Dec 10, 2025 | Buy | +200 | $22.88 | $4.58K | 1,000 |
| Scott T. Bauer – | Dec 2, 2025 | Buy | +20 | $21.68 | $434 | 4,009 |
| Scott T. Bauer – | Nov 26, 2025 | Buy | +88 | $21.86 | $1.92K | 8,176 |
| Kevin L. Swartz Director | Nov 21, 2025 | Buy | +200 | $20.80 | $4.16K | 5,380 |
| Jeffrey K. Putzier – | Nov 17, 2025 | Buy | +200 | $21.25 | $4.25K | 3,827 |
| Scott T. Bauer – | Nov 13, 2025 | Buy | +95 | $21.32 | $2.03K | 7,853 |
| Douglas W. Beals Director | Nov 13, 2025 | Buy | +500 | $21.37 | $10.69K | 2,950 |
| Michelle R. Cassabaum Director | Oct 31, 2025 | Buy | +44 | $20.82 | $916 | 8,913 |
| Patrick G. Hagan Director | Oct 24, 2025 | Buy | +300 | $20.85 | $6.26K | 9,300 |
| Everett S. Miles Director | Sep 11, 2025 | Buy | +250 | $20.38 | $5.10K | 841 |
| Michelle R. Cassabaum Director | Aug 29, 2025 | Buy | +278 | $19.83 | $5.51K | 8,869 |
| Michelle R. Cassabaum Director | Jul 31, 2025 | Buy | +164 | $18.29 | $3.00K | 8,591 |
| Jeffery C. Baker Director | Jun 20, 2025 | Buy | +500 | $17.18 | $8.59K | 3,449 |
| Dan E. Johnson – | Jun 11, 2025 | Buy | +210 | $17.75 | $3.73K | 1,558 |
| Michael A. Wilson Executive Vice President | Jun 3, 2025 | Buy | +200 | $17.50 | $3.50K | 1,700 |
| Horras Betty A. Baudler Director | Jun 2, 2025 | Buy | +100 | $17.50 | $1.75K | 22,275 |
| Michelle R. Cassabaum Director | May 30, 2025 | Buy | +314 | $17.54 | $5.51K | 8,427 |
| Horras Betty A. Baudler Director | May 28, 2025 | Buy | +100 | $17.53 | $1.75K | 22,175 |
| Douglas W. Beals Director | May 23, 2025 | Buy | +400 | $17.29 | $6.92K | 2,450 |
| Patrick G. Hagan Director | May 22, 2025 | Buy | +200 | $17.65 | $3.53K | 9,000 |
| Richard Schreier – | May 21, 2025 | Buy | +279 | $17.90 | $4.99K | 7,276 |
| Adam Snodgrass – | May 21, 2025 | Buy | +200 | $17.80 | $3.56K | 1,084 |
| Robert A. Thomas – | May 19, 2025 | Buy | +164 | $17.75 | $2.91K | 2,300 |
| Robert A. Thomas – | May 15, 2025 | Buy | +36 | $17.65 | $635 | 2,136 |
| Douglas W. Beals Director | May 2, 2025 | Buy | +275 | $17.59 | $4.84K | 2,050 |
| Scott T. Bauer – | Apr 30, 2025 | Buy | +4 | $16.70 | $67 | 4,013 |
| Michelle R. Cassabaum Director | Apr 30, 2025 | Buy | +122 | $17.05 | $2.08K | 8,113 |
| Patrick G. Hagan Director | Apr 28, 2025 | Buy | +500 | $16.65 | $8.33K | 8,800 |
| Justin C. Clausen Chief Financial Officer | Apr 25, 2025 | Buy | +119 | $16.81 | $2.00K | 1,025 |
| Michelle R. Cassabaum Director | Feb 28, 2025 | Buy | +288 | $18.62 | $5.36K | 7,991 |
| Michelle R. Cassabaum Director | Jan 31, 2025 | Buy | +70 | $18.14 | $1.27K | 7,374 |
| Patrick G. Hagan Director | Dec 13, 2024 | Buy | +200 | $16.75 | $3.35K | 8,300 |
| Dan E. Johnson – | Dec 6, 2024 | Buy | +210 | $17.23 | $3.62K | 1,291 |
| Scot A. Trost Director | Dec 5, 2024 | Buy | +200 | $17.56 | $3.51K | 800 |
| Michael A. Wilson Executive Vice President | Dec 4, 2024 | Buy | +300 | $17.51 | $5.25K | 1,500 |
| Scott T. Bauer – | Dec 4, 2024 | Buy | +200 | $17.15 | $3.43K | 3,989 |
| Michelle R. Cassabaum Director | Nov 29, 2024 | Buy | +346 | $17.00 | $5.88K | 7,304 |
| Jeffrey K. Putzier – | Nov 5, 2024 | Buy | +200 | $16.72 | $3.34K | 652 |
| Michael A. Wilson Executive Vice President | Nov 4, 2024 | Buy | +250 | $16.35 | $4.09K | 1,200 |
| Patrick G. Hagan Director | Nov 4, 2024 | Buy | +100 | $16.69 | $1.67K | 8,100 |
| Michelle R. Cassabaum Director | Oct 31, 2024 | Buy | +2 | $17.17 | $34 | 6,958 |
| Michelle R. Cassabaum Director | Oct 31, 2024 | Buy | +88 | $17.28 | $1.52K | 6,956 |
| Michael A. Wilson Executive Vice President | Oct 30, 2024 | Buy | +250 | $17.05 | $4.26K | 950 |
| David W. Benson Director | Oct 30, 2024 | Buy | +1,600 | $17.20 | $27.52K | 9,300 |
| Kevin L. Swartz Director | Oct 30, 2024 | Buy | +400 | $17.00 | $6.80K | 5,180 |
| John Patrick Nelson President, Director | Oct 25, 2024 | Buy | +1,198 | $16.70 | $20.01K | 17,650 |
| Justin C. Clausen Chief Financial Officer | Oct 25, 2024 | Buy | +210 | $16.70 | $3.51K | 871 |
| Jeffrey K. Putzier – | Oct 25, 2024 | Buy | +200 | $16.93 | $3.39K | 3,627 |
| Scott T. Bauer – | Oct 25, 2024 | Buy | +200 | $16.72 | $3.34K | 3,789 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.