Ames National: Reducing The Earnings Estimate Following Tariff Announcements And Downgrading To Hold
Source: SeekingAlpha
2025-04-04 23:25:30 ET
Summary
- The net interest margin will benefit from falling deposit costs as interest rates decline. Further, the maturity of low-yielding fixed-rate loans will boost the margin.
- Commercial loan growth will suffer from the uncertainty caused by tariffs, while agricultural loan growth will suffer from Canada’s retaliatory tariffs.
- I’m reducing my EPS estimate because my outlook on inflation, and consequently the growth of non-interest expenses, is worse now following the latest round of tariffs.
- Ames National is offering a good dividend yield of 4.8%. However, my price target for the end of this year is below the current market price.
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Ames National: Reducing The Earnings Estimate Following Tariff Announcements And Downgrading To Hold
Ames National Corporation
NASDAQ: ATLO
ATLO Trading
-2.53% G/L:
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21,232 Volume:
$26.50 Open:
