Filing Flows › Ames National (ATLO) › Q3 2026
Ames National (ATLO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Ames National (ATLO) reported revenue of $20.4M for the third quarter 2026 (Q3 2026), +23% from a year earlier and +7% from the quarter before. Operating margin was 44.7%, net earnings $7.0M (34.5% of revenue).
Ames National, Q3 2026: revenue $20.4M (+23% year over year), operating margin 44.7%, net earnings $7.0M, operating cash flow $5.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.4M | +7% | +23% |
| Operating profit | $9.1M | +18% | +60% |
| Net earnings | $7.0M | +19% | +55% |
| Operating cash flow | $5.1M | +49% | +87% |
| Free cash flow | $4.0M | +26% | +50% |
What changed
Revenue was $20.4M in Q3 2026, up 23% year over year and up 7% from the previous quarter. Net interest income was the largest line at 83% of revenue. Net interest income added $2.9M year over year (up 21%), 76% of the total change.
Operating profit was $9.1M, a 44.7% margin (up 10.2 points year over year). Of the extra revenue versus a year earlier, 89% reached operating profit, above the 34% margin then. Total costs grew 4% against revenue growth of 23%. Net earnings were $7.0M, up 55% year over year. The effective tax rate was 22.8%.
Operating cash flow was $5.1M (up 87% year over year), 73% of net earnings. Non-cash charges added back $457K of depreciation and amortization. Working capital and other items used $2.4M. Capital expenditures of $1.2M left free cash flow of $4.0M.
Questions
What was Ames National's revenue in the third quarter 2026?
Ames National (ATLO) reported revenue of $20.4M for the third quarter 2026 (Q3 2026), +23% from a year earlier and +7% from the quarter before.
Was Ames National profitable in the third quarter 2026?
Operating profit was $9.1M (44.7% of revenue) and net earnings $7.0M.
Source: Ames National 10-Q on SEC EDGAR.