Ames National Corp (ATLO) Tax Rate (2010 - 2026)
Ames National (ATLO) recorded Tax Rate of 23.05% in Q2 2026, up 3.09 percentage points from 19.96% a year earlier and up 0.56 percentage points from the prior quarter.
Ames National Corp (ATLO) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Ames National's Tax Rate came in at 21.87% as of Jun 30, 2026, up 3.20 percentage points year-over-year; for FY2025, it came in at 20.28%, up 3.75 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +1.42 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 16.53% in FY2024 (+0.45 pp), 16.08% in FY2023 (-7.25 pp), 23.32% in FY2022 (+1.28 pp) and 22.04% in FY2021 (+3.18 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q2 2022.
- On a year-over-year basis, Tax Rate has increased for seven consecutive quarters, with an average year-over-year change of +3.27 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 11.92 percentage points in Q2 2022, against a drop of 17.26 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.50% (Q1 2026), 21.31% (Q4 2025) and 20.23% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.05% |
| Mar 31, 2026 | 22.50% |
| Dec 31, 2025 | 21.31% |
| Sep 30, 2025 | 20.23% |
| Jun 30, 2025 | 19.96% |
| Mar 31, 2025 | 18.74% |
| Dec 31, 2024 | 19.02% |
| Sep 30, 2024 | 15.19% |
| Jun 30, 2024 | 14.99% |
| Mar 31, 2024 | 15.29% |
| Dec 31, 2023 | 13.72% |
| Sep 30, 2023 | 16.96% |
| Jun 30, 2023 | 15.36% |
| Mar 31, 2023 | 17.35% |
| Dec 31, 2022 | 19.83% |
| Sep 30, 2022 | 20.61% |
| Jun 30, 2022 | 32.62% |
| Mar 31, 2022 | 20.27% |
| Dec 31, 2021 | 25.88% |
| Sep 30, 2021 | 21.22% |
Ames National Corp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ATLO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ATLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ATLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();