Ames National Corp Income Statement - Quarterly (NASDAQ:ATLO)

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$27.09 $0.09 (0.33%) ATLO stock closing price Oct 25, 2016 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Ames National Corp stock price. The income statement is a summary of the revenue, expenses and profitability (shown as Net Income) or lack of it. Like any other income statement, the ATLO income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a QoQ revenue decline of $0.02M when compared to the same period in the past. 2016-Q2 revenue is $12.93M and has decreased from $12.95M quarter on quarter as is evident when you compare the latest figures in the latest Ames National Corp profit and loss statement with those of the prior corresponding period. (See also:Ames National Corp assets and Ames National Corp free cash flow) View details of revenue and profits for Ames National Corp for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1
Ames National Corp Net Sales or Revenues
Cost Of Goods Sold (COGS)0.75M0.75M0.75M0.74M0.76M0.76M0.83M0.8M0.86M0.89M
Ames National Corp Gross Profit
Research & Development Expense----------
Selling General & Admin Expense6.04M6.53M6.47M5.91M7.5M6.1M8.16M5.64M5.38M5.3M
Income Before Depreciation Depletion Amortization6.13M5.66M5.84M6.13M4.99M5.44M4.54M5.5M5.63M6.67M
Depreciation Depletion Amortization0.09M0.09M0.11M0.1M0.1M0.11M0.12M0.07M0.06M0.06M
Non Operating Income----------
Interest Expense0.25M0.26M0.28M0.25M0.3M0.33M0.28M0.29M0.3M0.29M
Ames National Corp Pretax Income
Provision for Income Taxes1.68M1.5M1.56M1.67M1.21M1.36M1.03M1.39M1.41M1.78M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations4.1M3.81M3.92M4.1M3.37M3.64M3.14M3.73M3.86M4.53M
Extraordinary Items & Discontinued Operations----------
Ames National Corp Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS9.32M9.31M9.32M9.32M9.31M9.32M9.23M9.33M9.4M9.24M
Average Shares used to compute Basic EPS9.32M9.31M9.32M9.32M9.31M9.32M9.23M9.33M9.4M9.24M
Income Before Nonrecurring Items4.1M3.81M3.92M4.1M3.37M3.64M3.14M3.73M3.86M4.53M
Income from Nonrecurring Items----------
Ames National Corp Earnings Per Share Basic Net
Ames National Corp Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.440.410.420.440.360.390.340.400.410.49
Preferred Dividends Acc Pd----------
Dividends Common1.96---------
Dividend Per Share Common0.
All figures in USD. M: Millions of USD, B: Billions of USD.

It is very helpful to read a report on Ames National Corp stock analysis. An investor must check the following items in an income statement:
  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth (See: Ames National Corp revenue chart) implies that the company is growing, which has not been the case with Ames National Corp. One must stay away from stocks whose revenues are declining.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $12.93M - other expenses = $4.1M for ATLO stock. An improving bottomline implies that the company is growing profits.
The income statement is also called statement of revenue and expense. The financials along with Ames National Corp historical stock prices provides a lot of details about the firm. .

Ames National Corp Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield