
ALRS Stock Forecast & Price Target
ALRS Analyst Ratings
Bulls say
Alerus Financial Corp has demonstrated solid financial performance, highlighted by a robust increase in its core net interest margin (NIM), which rose by 6 basis points quarter-over-quarter to 3.06%. Additionally, the strengthening of regulatory capital ratios reflects the company's strong financial position, with common equity tier 1 (CET1) capital rising to 10.8% and tier-1 capital reaching 11.0%, both indicating enhanced stability and resilience. Furthermore, the wealth management segment is projected to see a revenue increase of 13% year-over-year, showcasing growth potential in this key area.
Bears say
Alerus Financial Corp reported a decline in end-of-period loans held for investment (HFI), dropping 1% quarter-over-quarter, which fell short of expectations that anticipated a growth of 1%. Additionally, core fee income, which constitutes 40% of total revenue for the third quarter, decreased by 1% quarter-over-quarter and was below projected figures by 1% to 2%. Furthermore, total deposits declined by 3% quarter-over-quarter, accompanied by significant decreases in interest-bearing demand deposits and certificates of deposit, indicating a troubling trend in the company's funding 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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