Quarterly Report Card: Special Research on Ames National, Anchor Bancorp,Anchor BanCorp Wisconsin, Arrow, and ASB Bancorp

NEW YORK, February 4, 2015 /PRNewswire/ --

Moments ago, Analysts Review released new research updates concerning several important developing situations including Ames National (NASDAQ: ATLO), Anchor Bancorp (NASDAQ: ANCB), Anchor BanCorp Wisconsin (NASDAQ: ABCW), Arrow (NASDAQ: AROW), and ASB Bancorp (NASDAQ: ASBB). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.

To access our full PDF reports on a complementary basis, please visit the links below.

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Today's update concerns the following companies:

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Full PDF Download Links (you may have to copy and paste the following links into your browser):

ATLO Research Report: ( http://get.analystsreview.com/pdf/?c=Ames%20National&d=04-Feb-2015&s=ATLO ),

ANCB Research Report: ( http://get.analystsreview.com/pdf/?c=Anchor%20Bancorp&d=04-Feb-2015&s=ANCB ),

ABCW Research Report: ( http://get.analystsreview.com/pdf/?c=Anchor%20BanCorp%20Wisconsin&d=04-Feb-2015&s=ABCW ),

AROW Research Report: ( http://get.analystsreview.com/pdf/?c=Arrow&d=04-Feb-2015&s=AROW ),

ASBB  Research Report: ( http://get.analystsreview.com/pdf/?c=ASB%20Bancorp&d=04-Feb-2015&s=ASBB ).

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Analyst Update: Dividends, Divestiture Agreements, and Quarterly Results

Reviewed by: Rohit Tuli, CFA®  

The U.S. stocks gained for the second consecutive session on Tuesday as a continued recovery in the oil prices coupled with rising hopes of a Greek debt deal eased some concerns over the global economy. Helped by rally in the energy shares, the S&P 500 index advanced 1.44% on Tuesday to close at 2,050.03. The index has advanced 2.76% over the last two sessions, erasing most of its decline in the month of January. The Dow Jones Industrial Average rose 1.76% to close at 17,666.40, and the Nasdaq Composite gained 1.09% to end at 4,727.74. Adding to the gains were shares of automobile companies after January car sales topped market expectations. Meanwhile, the hopes of Greek debt deal also helped European stocks advance on Tuesday. Greek Finance Minister said that the new PM was working on a "road plan" to ease the country's debt burden, and hoped to reach an agreement with the Greece's lenders by the beginning of June. In Asia, markets ended on a mixed note as Chinese and Australian stocks gained while Japanese stocks ended lower.

Ames National Corporation (Ames National) has declared a dividend of $0.18 per share, payable on February 13, 2015. For Q3 2014, net income for the Company totaled $3,731,000 or $0.40 per share, versus $3,712,000 or $0.40 per share earned in Q3 2013.

Anchor Bancorp (Anchor Bancorp) reported Q2 FY 2015 net income of $8.8 million or $3.55 per diluted share, compared to net loss of $248,000 or $0.10 per diluted share in Q2 FY 2014. Net interest margin increased to 4.06% compared to 3.89% in Q2 FY 2014.

Anchor BanCorp Wisconsin Inc.'s (Anchor BanCorp Wisconsin) subsidiary AnchorBank, fsb has entered into a definitive agreement for the sale of its Viroqua branch to Royal Bank of Elroy, Wisconsin. The transaction is subject to regulatory approval and customary closing conditions and is targeted for closing by the end of May 2015.

Arrow Financial Corporation's (Arrow Financial) Board of Directors has declared a quarterly cash dividend of $0.25 per share, payable March 13, 2015, to shareholders of record on March 3, 2015. For 2014, the Company posted record net income of $23.4 million versus $21.8 million recorded during 2013.

ASB Bancorp, Inc. (ASB Bancorp), the holding company for Asheville Savings Bank, S.S.B, reported Q3 2014 net income of $502,000 compared to $560,000 for Q3 2013. For the consolidated nine months period, the Company reported net income of $1.8 million versus $1.1 million for the same period in 2013.

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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.

Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors

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