
ALRS Stock Forecast & Price Target
ALRS Analyst Ratings
Bulls say
Alerus Financial Corp has shown a positive financial outlook, highlighted by a core net interest margin (NIM) increase of 6 basis points quarter-over-quarter, reaching 3.06%, which supports its interest income generation. Additionally, the company has demonstrated resilience in its capital structure, with regulatory capital ratios strengthening across the board, including a common equity tier 1 (CET1) ratio of 10.8%, an increase of 30 basis points quarter-over-quarter. The wealth management segment's revenue is projected to grow significantly, with a 13% year-over-year increase anticipated, underscoring the company's diverse revenue streams and effective management strategies.
Bears say
Alerus Financial Corp experienced a decline in end-of-period loans held for investment (HFI), which fell by 1% quarter-over-quarter, underperforming expectations that anticipated a modest increase. Core fee income, accounting for 40% of total revenue in the third quarter, decreased by 1% from the previous quarter and was 1%-2% below market forecasts. Additionally, the company reported a 3% drop in total deposits, driven by a significant seasonal outflow from public funds and reduced non-equity funding sources, raising concerns about liquidity and overall financial stability.
This aggregate rating is based on analysts' research of Alerus Financial Corp and is not a guaranteed prediction by Public.com or investment advice.
ALRS Analyst Forecast & Price Prediction
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