
ALRS Stock Forecast & Price Target
ALRS Analyst Ratings
Bulls say
Alerus Financial Corp has demonstrated resilience in its financial performance, with a core net interest margin (NIM) increasing 6 basis points quarter-over-quarter to 3.06%, indicating effective interest income management amidst rising non-performing assets (NPAs). The company also reported a 4% quarter-over-quarter revenue growth, marginally exceeding projections, highlighting solid operational efficiency. Furthermore, Wealth Management (WM) revenue is expected to grow by 13% year-over-year, reflecting strong demand for its financial advisory services and a positive outlook for this segment.
Bears say
Alerus Financial Corp experienced a 1% decline in end-of-period loans held for investment (HFI), which fell short of expectations, indicating potential weaknesses in loan demand and credit quality. Additionally, total deposits decreased by 3% quarter-over-quarter, accompanied by a significant 20% increase in certificates of deposit, suggesting a shift in funding strategies that may reflect a higher cost of capital. The reduction in core banking metrics, such as a 6% drop in interest-bearing demand deposits, raises concerns about the company's ability to sustain robust financial performance moving forward.
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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