In the Q2, Ames National Corporation's corporate clients experienced a reduction by -0.09 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 11.46 %. During the corresponding time, Ames National Corporation recorded a revenue increase by 17.98 % year on year, sequentially revenue grew by 1.69 %. While revenue at the Ames National Corporation's corporate clients recorded rose by 1.91 % year on year, sequentially revenue grew by 14.89 %.
Customers of Ames National Corporation saw their costs of revenue decrease by -0.09 % in Q2 compare to a year ago, sequentially costs of revenue grew by 11.46 %, for the same period Ames National Corporation recorded revenue increase by 17.98 % year on year, sequentially revenue grew by 1.69 %.
Ames National's Comment on Sales, Marketing and Customers
The company operates primarily through its subsidiary banks located in Iowa. State Bank & Trust Co., based in Nevada, Iowa, serves businesses and residents in the Nevada area, with a focus on agricultural, commercial, and residential real estate lending. Boone Bank & Trust Co., located in Boone, Iowa, serves businesses and residents in Boone and surrounding areas, specializing in agricultural, consumer, and commercial lending, including real estate, operating, and equipment loans. Reliance State Bank, situated in Story City, Iowa, serves businesses and residents in Story City, Garner, and surrounding communities, emphasizing agricultural lending and traditional community banking services. Each bank offers full-service banking to its local communities and surrounding areas.
Ames National’s Comment on Sales, Marketing and Customers
The company operates primarily through its subsidiary banks located in Iowa. State Bank & Trust Co., based in Nevada, Iowa, serves businesses and residents in the Nevada area, with a focus on agricultural, commercial, and residential real estate lending. Boone Bank & Trust Co., located in Boone, Iowa, serves businesses and residents in Boone and surrounding areas, specializing in agricultural, consumer, and commercial lending, including real estate, operating, and equipment loans. Reliance State Bank, situated in Story City, Iowa, serves businesses and residents in Story City, Garner, and surrounding communities, emphasizing agricultural lending and traditional community banking services. Each bank offers full-service banking to its local communities and surrounding areas.
Sources:
Ames National Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Ames National Corporation’s corporate clients.
For your research, we’ve provided 9 tables on Ames National Corporation corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
16.86 %
10.77 %