
ALRS Stock Forecast & Price Target
ALRS Analyst Ratings
Bulls say
Alerus Financial Corp has demonstrated resilience in its financial metrics, with a strengthened core net interest margin (NIM) increasing by 6 basis points to 3.06% and a projected wealth management revenue growth of 13% year-over-year. Regulatory capital ratios have notably improved, with common equity tier 1 (CET1) capital rising to 10.8%, indicating a robust capital position that supports ongoing operational stability. Although non-performing assets (NPAs) increased, the rise was attributed to a single commercial relationship, suggesting that the overall financial health remains strong with proactive risk management reflected in the allowance for credit losses (ACL).
Bears say
Alerus Financial Corp experienced a decline in end-of-period (EOP) loans held for investment (HFI), which fell 1% quarter-over-quarter, reflecting a decrease of $41 million and falling short of growth expectations. Core fee income, constituting 40% of total revenue in the third quarter, decreased by 1% from the previous quarter and was 1-2% below anticipated levels. Additionally, total deposits decreased by 3% quarter-over-quarter, driven by significant reductions in borrowings and an overall decline in both interest-bearing demand deposits and certificates of deposit.
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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