Richard Schreier - Ames National President of Reliance Bank

ATLO Stock  USD 17.43  0.19  1.08%   

President

Mr. Richard J. Schreier is President and Director of Reliance Bank, a wholly owned subsidiary of Ames National Corporation since May 2008. He was Director of Reliance Bank. Previously served as Senior Vice President of lending at Reliance Bank. since 2014.
Age 56
Tenure 10 years
Address 405 5th Street, Ames, IA, United States, 50010
Phone515 232 6251
Webhttps://www.amesnational.com

Richard Schreier Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Schreier against Ames National stock is an integral part of due diligence when investing in Ames National. Richard Schreier insider activity provides valuable insight into whether Ames National is net buyers or sellers over its current business cycle. Note, Ames National insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ames National'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
Richard Schreier over six months ago
Purchase by Richard Schreier of 554 shares of Ames National
 
Richard Schreier over a year ago
Ames National exotic insider transaction detected

Ames National Management Efficiency

As of the 26th of November 2024, Return On Equity is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0. At this time, Ames National's Net Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Intangible Assets is likely to grow to about 2 M, while Total Assets are likely to drop about 1.3 B. Ames National's management efficiency ratios could be used to measure how well Ames National manages its routine affairs as well as how well it operates its assets and liabilities.
Ames National currently holds 110.59 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Ames National's use of debt, we should always consider it together with its cash and equity.

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Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. Ames National Corporation was founded in 1903 and is based in Ames, Iowa. Ames Natl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 261 people. Ames National (ATLO) is traded on NASDAQ Exchange in USA. It is located in 405 5th Street, Ames, IA, United States, 50010 and employs 263 people. Ames National is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Ames National Leadership Team

Elected by the shareholders, the Ames National's board of directors comprises two types of representatives: Ames National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ames. The board's role is to monitor Ames National's management team and ensure that shareholders' interests are well served. Ames National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ames National's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Schreier, President of Reliance Bank
Justin Clausen, Chief Officer
Michael Wilson, Executive Officer
Lori Hill, Valuation Officer
Buffy Clatt, VP Director
Jennifer Hanson, VP Director
Robert Thomas, President Co
Adam Snodgrass, President Bank
John Nelson, CFO, VP, Treasurer, Secretary and Director
Matthew Hackbart, VP Technology
Jeffrey Putzier, President of Boone Bank and Trust Co and Director of of Boone Bank and Trust Co
Dena GrayFisher, VP Director
Scott Bauer, President of First National Bank and Director of First National Bank
John CPA, Secretary CFO
Timothy Lupardus, Senior Officer
Joel Regenwether, Senior Manager

Ames Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ames National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ames National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ames National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ames National will appreciate offsetting losses from the drop in the long position's value.

Moving against Ames Stock

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The ability to find closely correlated positions to Ames National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ames National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ames National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ames National to buy it.
The correlation of Ames National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ames National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ames National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ames National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ames National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ames National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ames National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ames National Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ames National. If investors know Ames will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ames National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
1.01
Earnings Share
0.97
Revenue Per Share
5.679
Quarterly Revenue Growth
(0.01)
The market value of Ames National is measured differently than its book value, which is the value of Ames that is recorded on the company's balance sheet. Investors also form their own opinion of Ames National's value that differs from its market value or its book value, called intrinsic value, which is Ames National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ames National's market value can be influenced by many factors that don't directly affect Ames National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ames National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ames National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ames National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.