Alerus Financial First Quarter 2024 Earnings: In Line With Expectations [Yahoo! Finance]
Alerus Financial Corporation (ALRS)
NASDAQ:AMEX Investor Relations:
investors.alerus.com
Company Research
Source: Yahoo! Finance
Net income: US$6.43m (down 21% from 1Q 2023). Profit margin: 14% (down from 17% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. EPS: US$0.33 (down from US$0.41 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Alerus Financial Meets Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations. Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Diversified Financial industry in the US. Performance of the American Diversified Financial industry. The company's shares are up 3.2% from a week ago. Risk Analysis What about risks? Every company has them, and we've spotted 2 warning signs for Alerus Financial you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (
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ALRS
News
- Alerus (ALRS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Alerus (ALRS) Beats Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Alerus Financial Corporation Reports First Quarter 2024 Net Income of $6.4 Million [Yahoo! Finance]Yahoo! Finance
- Alerus Financial Corporation Reports First Quarter 2024 Net Income of $6.4 MillionBusiness Wire
- Alerus Financial Corporation to Announce First Quarter Financial Results on Wednesday, April 24 [Yahoo! Finance]Yahoo! Finance
ALRS
Earnings
- 4/24/24 - Beat
ALRS
Analyst Actions
- 3/14/24 - TheStreet
ALRS
Sec Filings
- 5/2/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 4/24/24 - Form 8-K
- ALRS's page on the SEC website