ATLO
Ames National Corporation
ATLO offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
BAC
Bank of America Corporation
BAC has a slight edge over ATLO overall, supported by stronger modeled upside and stronger valuation.
ATLO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
ATLO's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like ATLO.
BAC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BAC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BAC.
ATLO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.5x | $27.22 | -20% |
| Fair | 11x | $32.97 | -3.6% |
| Current | 12x | $34.19 | — |
| Expensive | 15x | $43.71 | +28% |
Historical ranges are pointers, not guarantees.
ATLO has the edge over BAC in the historical PE scenario, which offers more potential upside but is not a forecast.
BAC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.4x | $39.50 | -22% |
| Forward | 10x | $50.51 | — |
| Current | 12x | $50.51 | — |
| Fair | 13x | $53.81 | +6.5% |
| Expensive | 15x | $62.23 | +23% |
Historical ranges are pointers, not guarantees.
BAC's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its cheap range.
ATLO Forward outlook
There aren't enough analyst estimates for ATLO to show an outlook.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BAC, with profitability improving.
ATLO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $2.87 | +59% |
| Q2 2026 | $2.58 | +68% |
| Q1 2026 | $2.42 | +91% |
| Q4 2025 | $2.14 | +88% |
| Q3 2025 | $1.80 | +82% |
| Q2 2025 | $1.54 | +44% |
| Q1 2025 | $1.27 | +14% |
| Q4 2024 | $1.14 | -5.8% |
ATLO earned $2.87 per share over the past year, up 59% from the year before.
BAC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.92 | +17% |
| Q3 2026 | $4.19 | +14% |
| Q2 2026 | $4.34 | +27% |
| Q1 2026 | $4.02 | +20% |
| Q4 2025 | $3.81 | +19% |
| Q3 2025 | $3.66 | +33% |
| Q2 2025 | $3.41 | +20% |
| Q1 2025 | $3.35 | +16% |
| Q4 2024 | $3.21 | +4.2% |
BAC's earnings per share have climbed steadily: $4.19 over the past year, up 14% from the year before, and higher year over year for eight quarters in a row.
ATLO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.4M | +23% |
| Q2 2026 | $19.1M | +18% |
| Q1 2026 | $18.2M | +18% |
| Q4 2025 | $18.7M | +27% |
| Q3 2025 | $16.6M | +23% |
| Q2 2025 | $16.1M | +19% |
| Q1 2025 | $15.5M | +18% |
| Q4 2024 | $14.7M | +11% |
ATLO has the edge over BAC on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 45% | +10 points |
| Q2 2026 | 40% | +5.4 points |
| Q1 2026 | 42% | +15 points |
| Q4 2025 | 44% | +15 points |
| Q3 2025 | 34% | +15 points |
| Q2 2025 | 35% | +16 points |
| Q1 2025 | 27% | +6.6 points |
| Q4 2024 | 29% | +11 points |
ATLO has the edge over BAC on profitability, with a higher operating margin.
BAC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $30B | +6.7% |
| Q2 2026 | $31.6B | +19% |
| Q1 2026 | $30.3B | +11% |
| Q4 2025 | $31.2B | +23% |
| Q3 2025 | $28.1B | +11% |
| Q2 2025 | $26.5B | +4.3% |
| Q1 2025 | $27.4B | +6% |
| Q4 2024 | $25.3B | +15% |
BAC's revenue has grown year over year for 10 quarters in a row: $30B last quarter, up 6.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | -3.7 points |
| Q2 2026 | 37% | +7.6 points |
| Q1 2026 | 34% | +4.7 points |
| Q4 2025 | 40% | +12 points |
| Q3 2025 | 34% | +4.8 points |
| Q2 2025 | 29% | -0.7 points |
| Q1 2025 | 30% | +1.5 points |
| Q4 2024 | 28% | +14 points |
BAC's operating margin was 30% last quarter, down 3.7 points from the same quarter a year ago.
ATLO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4M | +50% |
| Q2 2026 | $3.2M | -19% |
| Q1 2026 | $8M | +15% |
| Q4 2025 | $7.2M | +23% |
| Q3 2025 | $2.7M | -13% |
| Q2 2025 | $3.9M | +2.8% |
| Q1 2025 | $6.9M | +431% |
| Q4 2024 | $5.9M | +9.9% |
ATLO has the edge over BAC on cash flow, with more consistent year-over-year improvement.
BAC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$6.5B | -114% |
| Q2 2026 | $29B | +$38.2B |
| Q1 2026 | $41.8B | +$44B |
| Q4 2025 | -$22.9B | -189% |
| Q3 2025 | $46.9B | +$84.2B |
| Q2 2025 | -$9.1B | -150% |
| Q1 2025 | -$2.2B | +$13.4B |
| Q4 2024 | $25.9B | -21% |
BAC's free cash flow was $41.4B over the past year, down 33% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BAC.
ATLO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | -0.4% | -36.9K shares |
| 3 years | -1.5% | -135K shares |
| 5 years | -2.9% | -263K shares |
| Available history | -4.1% | -380K shares |
ATLO has 9M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $733,000 |
| Q3 2025 | $122,000 |
| Q2 2025 | $279,000 |
| Q1 2025 | $550,000 |
| Q4 2023 | — |
ATLO spent $733,000 buying back its own shares over the past year.
BAC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -72M shares |
| 1 year | -5.3% | -405M shares |
| 3 years | -11% | -854M shares |
| 5 years | -15% | -1.3B shares |
| Available history | -24% | -2.2B shares |
BAC has the edge over ATLO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6B |
| Q2 2026 | $6B |
| Q1 2026 | $7.2B |
| Q4 2025 | $6.3B |
| Q3 2025 | $5.3B |
| Q2 2025 | $5.3B |
| Q1 2025 | $4.5B |
| Q4 2024 | $3.5B |
BAC spent $25.6B buying back its own shares over the past year, up 37% from the year before.
ATLO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.2x | Net Cash |
| Q2 2026 | -3.5x | Net Cash |
| Q1 2026 | -4.1x | Net Cash |
| Q4 2025 | -4.3x | Net Cash |
| Q3 2025 | -5.0x | Net Cash |
| Q2 2025 | -5.2x | Net Cash |
| Q1 2025 | -10.6x | Net Cash |
| Q4 2024 | -5.8x | Net Cash |
ATLO has the edge over BAC on leverage, with a lower net debt burden relative to earnings.
BAC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.4x | High |
| Q2 2026 | 6.7x | High |
| Q1 2026 | 7.1x | High |
| Q4 2025 | 7.7x | High |
| Q3 2025 | 8.3x | High |
| Q2 2025 | 8.8x | High |
| Q1 2025 | 8.6x | High |
| Q4 2024 | 9.0x | High |
BAC's net debt is about 6.4 years of its operating earnings (EBITDA), down from 8.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like BAC.
ATLO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 71.0 | Overbought |
| Stochastic | 75.8 | Neutral |
ATLO's weekly RSI is 71 (overbought) and its Stochastic is 76 (neutral).
BAC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.1 | Neutral |
| Stochastic | 4.9 | Oversold |
BAC's weekly RSI is 37 (neutral) and its Stochastic is 5 (oversold).
ATLO PE vs Financial Services Sector
| Metric | ATLO | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 8.6% below |
| PE % | 54 | 63 | 9 pts below |
ATLO has the edge over BAC on valuation relative to its sector.
BAC PE vs Financial Services Sector
| Metric | BAC | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 7.5% below |
| PE % | 40 | 63 | 23 pts below |
BAC is trading at 12x earnings, in line with the Financial Services sector's median of 13x.
ATLO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $32.9 | 4% above |
| 20 week MA | $31.8 | 7.7% above |
| 50 week MA | $28.9 | 18% above |
| 100 week MA | $23.7 | 44% above |
| 200 week MA | $21.5 | 59% above |
ATLO has the edge over BAC on trend strength, trading above more of its moving averages.
BAC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $52.1 | 3% below |
| 20 week MA | $57.8 | 13% below |
| 50 week MA | $54.7 | 7.7% below |
| 100 week MA | $50.5 | 0% below |
| 200 week MA | $42.5 | 19% above |
BAC has fallen below most of its moving averages, though it's still 19% above its 200-week average.
ATLO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.9 | $24.9 | -11% |
| 2021 | $24.9 | $24.2 | -2.7% |
| 2022 | $24.2 | $23.3 | -3.9% |
| 2023 | $23.3 | $21.3 | -8.4% |
| 2024 | $21.3 | $16.5 | -23% |
| 2025 | $16.5 | $23.1 | +40% |
| 2026 YTD | $23.1 | $34.2 | +48% |
ATLO has the edge over BAC on returns for 2026, with the stronger performance.
BAC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $35.4 | $30.0 | -15% |
| 2021 | $30.0 | $44.4 | +48% |
| 2022 | $44.4 | $32.5 | -27% |
| 2023 | $32.5 | $33.7 | +3.7% |
| 2024 | $33.7 | $44.3 | +32% |
| 2025 | $44.3 | $56.2 | +27% |
| 2026 YTD | $56.2 | $50.5 | -10% |
BAC has finished higher in four of the last six years. It's down 10% so far in 2026.