Ames National (ATLO) vs First National (FXNC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Ames National (ATLO) has outperformed First National (FXNC) over the past year, gaining 59.0% versus a gain of 30.9%. Over five years, ATLO leads with a +35.6% price change compared with +30.3% for FXNC. Ames National is the larger company by market cap ($282.5 million vs $267.0 million), about 1.1 times the size.
On valuation, Ames National trades at a lower forward P/E (11.3x vs 11.5x for First National). Ames National offers the higher dividend yield (2.76% vs 2.25%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ATLO | FXNC |
|---|---|---|
| Share price | $31.89 | $29.53 |
| Market cap | $282.46M | $267.03M |
| 1-day change | -1.18% | -1.73% |
| YTD return | +38.89% | +17.00% |
| 1-year return | +58.97% | +30.90% |
| 5-year return | +35.64% | +30.26% |
| P/E ratio (TTM) | 12.36 | 12.30 |
| Forward P/E | 11.31 | 11.48 |
| EPS (TTM) | $2.58 | $2.40 |
| Dividend yield | 2.76% | 2.25% |
| Annual dividend | $0.88 | $0.665 |
| 52-week high | $32.86 | $33.24 |
| 52-week low | $19.56 | $21.59 |
| Distance from 52-week high | -2.95% | -11.16% |
| Analyst consensus | none | none |
| Avg. price target upside | +3.48% | +10.06% |
| Average volume | 33.07K | 31.17K |
| Shares outstanding | 8.86M | 9.04M |
| Employees | 261 | 308 |
| Sector | Financial Services | Financial Services |
| Industry | Banks - Regional | Banks - Regional |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ATLO has outperformed FXNC by 28.1 percentage points over the past year.
About Ames National
ATLO stock →Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union Counties in central, north-central, and south-central Iowa. It accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit.
Financial Services · Banks - Regional · 261 employees
About First National
FXNC stock →First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company's deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions.
Financial Services · Banks - Regional · 308 employees
ATLO vs FXNC FAQ
Which is bigger, Ames National or First National?
Ames National (ATLO) is larger, with a market capitalization of $282.46M compared with $267.03M for First National (FXNC).
Which stock has performed better over the past year, ATLO or FXNC?
ATLO returned +58.97% over the past 12 months, compared with +30.90% for FXNC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ATLO or FXNC?
FXNC has the lower trailing P/E at 12.3, versus 12.4 for ATLO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Ames National or First National?
Ames National has the higher yield at 2.76%, compared with 2.25% for First National.
Are Ames National and First National in the same industry?
Yes. Both are classified in the Banks - Regional industry within the Financial Services sector.