Is ATLO or BANC more undervalued in 2026?

CirclFi compares Ames National Corporation (ATLO) and Banc of California, Inc. (BANC) using 13 institutional-grade valuation models. ATLO has a Quality of Company score of 8.6/10 while BANC scores 8.9/10.

Which is a better buy — ATLO or BANC?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do ATLO and BANC valuations compare?

ATLO at $28.74 and BANC at $19.22 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ATLO vs BANC Valuation Comparison 2026 — Intrinsic Value Analysis

ATLO

National Commercial Banks

Ames National Corporation

Quality

8.6

out of 10

Value Trap

—

Price

$28.74

Last close

Models

11/13

Active

BANC

National Commercial Banks

Banc of California, Inc.

Quality

8.9

out of 10

Value Trap

SAFE

Price

$19.22

Last close

Models

10/13

Active

Model-by-Model Comparison

Model	Type	ATLO Fair Value	ATLO Upside	BANC Fair Value	BANC Upside
Bayesian DCF	Intrinsic	$19.63	-31.7%	$11.62	-39.6%
Earnings Power Value	Intrinsic	$29.71	+3.4%	$100.19	+421.3%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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ATLO vs BANC — Which Stock Is More Undervalued?

BANC scores higher with a 8.9/10 quality rating vs ATLO's 8.6/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Ames National Corporation (ATLO) and Banc of California, Inc. (BANC) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

ATLO currently trades at $28.74 with a QOC of 8.6/10, while BANC trades at $19.22 with a QOC of 8.9/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).