
ALRS Stock Forecast & Price Target
ALRS Analyst Ratings
Bulls say
Alerus Financial Corp's stock outlook appears positive due to the company's strong performance in net interest margin (NIM), which increased by 6 basis points quarter-over-quarter to reach 3.06%, exceeding estimates. The company's regulatory capital ratios also demonstrated improvement, with common equity tier 1 (CET1) rising to 10.8%, reflecting enhanced capitalization and financial stability. Additionally, wealth management revenue is projected to grow by 13% year-over-year, underscoring the firm's potential for sustained revenue growth across its diverse service segments.
Bears say
Alerus Financial Corp reported a decline in ending loans held for investment, with a 1% decrease quarter-over-quarter, falling short of expectations, signifying potential challenges in loan demand. Core fee income also experienced a decrease of 1% quarter-over-quarter, contributing to overall revenue pressures as it represented 40% of total revenues. Additionally, total deposits fell by 3% quarter-over-quarter, further indicating concerns around liquidity and funding stability, as evidenced by the significant outflow from public funds and reduced non-equity funding.
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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