All three tenses have at least two readings, so the archetype blend applies as printed.
All nine metrics read as filed from the record.
What did they actually do?
Has it survived what it has been through?
2 warning events since 2017; the latest 2022-11-09.
From the record
Ames National Corporation's filings since 2017 show 2 warning events: an auditor change (8-K item 4.01, 2 times, the latest 2022-11-09) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+7.9% a year over 10 filed years; profitable in 10 of 10.
From the record
Ames National Corporation's 10 filed years say what it did: revenue went from $44 million in fiscal 2016 to $87 million in fiscal 2025, up 7.9% a year; it rose in 8 of 9 years; the deepest fall was 4% from fiscal 2020 to fiscal 2021; net income was positive in 10 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count shrank 0.5% a year. 52% of cash flow returned. Insiders: 0 sales, 18 purchases.
From the record
Over the 3 fiscal years to 2025-12-31, Ames National Corporation's diluted share count shrank about 0.5% a year, and dividends and buybacks returned about 52% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 18 purchases of their own stock on the open market in the year to 2026-11-09, buying about $97 thousand (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE 9%: 9¢ of profit per shareholder dollar. Leverage 90%: owes 90¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Ames National Corporation earned about 9 cents of profit for every dollar of shareholders' money. Leverage: it owed about 90 cents per dollar of assets, and net share issuance: its share count shrank 1.1% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 26% of 79 in its family; net margin 21.8%.
From the record
Ames National Corporation's standing among 79 graded names in its industry family: revenue of $87 million in fiscal 2025 ranks in the bottom 12% by size; a net margin of 21.8% ranks in the bottom 45%; revenue growth of 12.3% a year over the last 3 filed years ranks in the bottom 20% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
top 8% of 74 in its family for leadership.
From the record
Ames National Corporation's leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 15 officers and directors filing in the last fifteen months have been on the record a median of 9.5 years (top 15%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 1%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 37% of 71 in its family for room to expand.
From the record
Ames National Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $127 million against debt of $18 million leaves 5.1% of its assets as net cash, top 31% of its family; cash from operations less capital spending is 23.8% of revenue (top 43%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 36% of 79 in its family for growth drivers.
From the record
Ames National Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 12.3% a year over the last three filed years against 7.9% over all 10, speeding up (bottom 45% of its family); the newest year grew 5.4% (top 40%); capital spending grew -39.2% a year (bottom 4%) (its annual reports). Ames National Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 24% of 76 in its family for expectations against reality.
From the record
Ames National Corporation's newest year against its own record: revenue of $87 million in fiscal 2025 came in 9% below the $96 million its prior three years' pace pointed to (top 23% of its family); net income of $19 million against a prior three-year average of $13 million (top 27%); a net margin of 21.8% against 19.4% before (top 23%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made