Alerus Financial Corp reports results for the quarter ended June 30 - Earnings Summary

Alerus Financial

28/07/2025 14:32

Alerus Financial Corp ALRS.OQ reported quarterly adjusted earnings of 78 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 31 cents.  The mean expectation of five analysts for the quarter was for earnings of 55 cents per share. Wall Street expected results to range from 51 cents to 59 cents per share.

Revenue rose 45.6% to $74.80 million from a year ago; analysts expected $70.08 million.

Alerus Financial Corp's reported EPS for the quarter was 78 cents​.

The company reported quarterly net income of $20.25 million.

Alerus Financial Corp shares had risen by 0.4% this quarter and gained 12.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 11.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "buy."

Wall Street's median 12-month price target for Alerus Financial Corp is $24.00, about 9.5% above its last closing price of $21.72

This summary was machine generated from LSEG data July 28 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.55
0.78
Beat
Mar. 31 2025
0.42
0.52
Beat
Dec. 31 2024
0.32
0.13
Missed
Sep. 30 2024
0.44
0.26
Missed