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Ames National Full Year 2022 Earnings: EPS: US$2.14 (vs US$2.62 in FY 2021)

Ames National (NASDAQ:ATLO) Full Year 2022 Results

Key Financial Results

  • Revenue: US$63.8m (down 4.3% from FY 2021).

  • Net income: US$19.3m (down 19% from FY 2021).

  • Profit margin: 30% (down from 36% in FY 2021). The decrease in margin was primarily driven by lower revenue.

  • EPS: US$2.14 (down from US$2.62 in FY 2021).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ames National's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Ames National's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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