Ames National Q2 FY26 net income rises 31.11% to $5.9 million; net interest margin widens 0.53 percentage points to 3.18%

Reuters2026/08/07 20:03

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Ames National posted net income of $5.9 million for the quarter ended June 30, 2026, up 31.11%, with EPS rising to $0.67 from $0.51.
Net interest income (GAAP) climbed to $16.38 million, with net interest margin (non-GAAP, FTE) widening 0.53 percentage points to 3.18%.
Credit loss expense increased to $208,000, while noninterest expense rose 7.8% to $11.2 million; efficiency ratio improved to 58.52%.
Total assets were $2.12 billion at June 30, down $10.6 million from Dec. 31, while the investment portfolio grew $39 million to $695 million.
Problem loans rose to 1.55% of total loans at June 30 from 1.19% at Dec. 31; allowance for credit losses held at 1.36%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ames National Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-026572), on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ames National Q2 FY26 net income rises 31.11% to $5.9 million; net interest margin widens 0.53 percentage points to 3.18%

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