Ames, Iowa—Hagan Patrick G, a director of Ames National Corp (NASDAQ:ATLO), has recently acquired additional shares of the company. According to a filing with the Securities and Exchange Commission, Patrick purchased 200 shares of common stock on December 13, 2024, at a price of $16.75 per share, totaling $3,350. The regional bank, with a market capitalization of $150 million, currently offers a notable dividend yield of 4.8% and has maintained dividend payments for 27 consecutive years, according to InvestingPro data. This transaction increases his direct ownership to 8,300 shares. The acquisition reflects continued confidence in the company's prospects as the year draws to a close. Trading at 0.81 times book value and maintaining a FAIR financial health score, Ames National presents an interesting profile for value-focused investors. Discover more comprehensive insights and analysis with InvestingPro, which offers additional exclusive tips and metrics for informed decision-making.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.