
ALRS Stock Forecast & Price Target
ALRS Analyst Ratings
Bulls say
Alerus Financial is expected to have a positive outlook due to their strong performance in the banking, retirement & benefit services, wealth management, and other segments. Their NII and core fees exceeded expectations, and their NIM expansion was higher than projected, resulting in a 19% increase in PPNR. The company's strong loan pipeline, strategic focus on capturing market share, and ongoing M&A-related disruptions in their footprint are expected to contribute to future growth. Additionally, their strong internal capital generation and solid organic B/S growth prospects make them an attractive holding for investors.
Bears say
Alerus Financial is a holding company offering various banking, retirement, and wealth management services. While the company's NPAs and NCOs have improved, a significant $6.4M charge-off on a long-term commercial and industrial relationship impacted their earnings this quarter. Despite efforts to diversify their revenue streams, their core fee income has fallen and we anticipate continued challenges in their wealth management segment due to market pressures.
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
Start investing in ALRS
Order type
Buy in
Order amount
Est. shares
0 shares