Ames National Corporation Reports Q3 Net Income of $4.6 Million
Ames National Corporation reported net income of $4.6 million for the third quarter of 2025, up from $2.2 million in the same period of 2024. For the nine months ended September 30, 2025, net income was $12.5 million, compared to $6.7 million for the same period in 2024. Net interest income for the nine-month period rose to $40.4 million, an increase of $7.6 million, or 23.1%, from the previous year. The company's net interest margin improved to 2.67% for the first nine months of 2025, compared to 2.16% in 2024. The efficiency ratio was 61.76% for the third quarter of 2025, compared to 77.87% in the third quarter of 2024. Return on average assets was 0.88% for the third quarter of 2025, compared to 0.42% in the same period last year. Return on average equity was 9.31% for the third quarter of 2025, up from 5.12% in the third quarter of 2024.
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: 0001437749-25-031265), on October 17, 2025, and is solely responsible for the information contained therein.
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