David Benson - Ames National Independent Director

ATLO Stock  USD 20.27  0.40  2.01%   

Director

Mr. David W. Benson is Independent Director of Ames National Corporationrationration. He is an attorney with Nyemaster Goode, P.C. in Ames, Iowa, assisting clients in real estate, estate planning, estate and trust settlement, tax planning and charitable giving matters. He has served on the board of directors of First National Bank since 2008. since 2011.
Age 62
Tenure 13 years
Address 405 5th Street, Ames, IA, United States, 50010
Phone515 232 6251
Webhttps://www.amesnational.com

Ames National Management Efficiency

As of the 5th of May 2024, Return On Equity is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0. At this time, Ames National's Asset Turnover is very stable compared to the past year. Ames National's management efficiency ratios could be used to measure how well Ames National manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 164.58 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Ames National until it has trouble settling it off, either with new capital or with free cash flow. So, Ames National's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ames National sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ames to invest in growth at high rates of return. When we think about Ames National's use of debt, we should always consider it together with cash and equity.

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Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. Ames National Corporation was founded in 1903 and is based in Ames, Iowa. Ames Natl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 261 people. Ames National (ATLO) is traded on NASDAQ Exchange in USA. It is located in 405 5th Street, Ames, IA, United States, 50010 and employs 254 people. Ames National is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Ames National Leadership Team

Elected by the shareholders, the Ames National's board of directors comprises two types of representatives: Ames National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ames. The board's role is to monitor Ames National's management team and ensure that shareholders' interests are well served. Ames National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ames National's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Larson, Independent Director
John Pierschbacher, CFO, Secretary
Michael Wilson, Exec Services
Jennifer Hanson, VP Director
Kevin Deardorff, Vice President - Technology Director
Adam Snodgrass, President Bank
Stephen McGill, President of State Bank and Trust Co and Director of State Bank and Trust Co
Larry Raymon, Independent Director
Dena GrayFisher, VP Director
Richard Parker, Independent Director
Timothy Lupardus, Senior Officer
Joel Regenwether, Senior Manager
Richard Schreier, President of Reliance Bank
Justin Clausen, Chief Officer
Lori Hill, Valuation Officer
Buffy Clatt, VP Director
David Benson, Independent Director
Robert Thomas, President Co
Douglas Gustafson, Independent Chairman of the Board
Steven Forth, Independent Director
Betty Horras, Independent Director
Curtis Hoff, President and Director of United Bank
John Nelson, CFO, VP, Treasurer, Secretary and Director
Matthew Hackbart, VP Technology
Jeffrey Putzier, President of Boone Bank and Trust Co and Director of of Boone Bank and Trust Co
Thomas Pohlman, CEO and President and Director
Scott Bauer, President of First National Bank and Director of First National Bank
John CPA, Secretary CFO

Ames Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ames National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ames National in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ames National's short interest history, or implied volatility extrapolated from Ames National options trading.

Pair Trading with Ames National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ames National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ames National will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Ames National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ames National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ames National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ames National to buy it.
The correlation of Ames National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ames National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ames National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ames National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ames National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ames National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ames National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ames National Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ames National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Ames National's price analysis, check to measure Ames National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ames National is operating at the current time. Most of Ames National's value examination focuses on studying past and present price action to predict the probability of Ames National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ames National's price. Additionally, you may evaluate how the addition of Ames National to your portfolios can decrease your overall portfolio volatility.
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Is Ames National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ames National. If investors know Ames will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ames National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.08
Earnings Share
1.1
Revenue Per Share
5.736
Quarterly Revenue Growth
(0.05)
The market value of Ames National is measured differently than its book value, which is the value of Ames that is recorded on the company's balance sheet. Investors also form their own opinion of Ames National's value that differs from its market value or its book value, called intrinsic value, which is Ames National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ames National's market value can be influenced by many factors that don't directly affect Ames National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ames National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ames National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ames National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.