ATLO

Ames National (ATLO) has been upgraded to Zacks Rank #1 (Strong Buy) due to upward trends in earnings estimates. The upgrade reflects improving business fundamentals, with analysts raising consensus estimates by 4.1% over the past three months. The stock is positioned in the top 5% of Zacks-covered stocks and may experience near-term price appreciation.

Ames National (ATLO) reported Q3 2026 earnings of $0.80 per share, beating consensus estimates of $0.68 and showing 57% year-over-year growth. The bank also surpassed revenue expectations with $20.42 million, up 23% from the prior year.

However, the stock received a Zacks Rank #3 (Hold) rating due to mixed estimate revisions, suggesting near-term performance in line with the market. The company's industry, Banks - Midwest, ranks in the top 25% of Zacks industries.