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Alerus (ALRS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
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For the quarter ended March 2025, Alerus (ALRS - Free Report) reported revenue of $69 million, up 45.1% over the same period last year. EPS came in at $0.56, compared to $0.32 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $65.45 million, representing a surprise of +5.42%. The company delivered an EPS surprise of +30.23%, with the consensus EPS estimate being $0.43.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Alerus performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net charge-offs/(recoveries) to average loans: 0% compared to the 0.1% average estimate based on two analysts.
Efficiency ratio: 68.8% compared to the 75.6% average estimate based on two analysts.
Net interest margin, tax-equivalent: 3.4% versus the two-analyst average estimate of 3.1%.
Average Balance - Total interest earning assets: $4.95 billion versus $4.88 billion estimated by two analysts on average.
Tax-equivalent net interest income: $41.68 million versus $37.56 million estimated by two analysts on average.
Retirement and benefit services: $16.11 million versus the two-analyst average estimate of $15.90 million.
Total Noninterest income: $27.63 million versus the two-analyst average estimate of $28.10 million.
Wealth management: $6.91 million compared to the $6.82 million average estimate based on two analysts.
Service charges on deposit accounts: $0.65 million versus the two-analyst average estimate of $1.13 million.
Mortgage banking: $1.53 million versus the two-analyst average estimate of $2.70 million.
Other: $2.44 million versus the two-analyst average estimate of $1.55 million.
Shares of Alerus have returned -3.2% over the past month versus the Zacks S&P 500 composite's -4.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Alerus (ALRS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended March 2025, Alerus (ALRS - Free Report) reported revenue of $69 million, up 45.1% over the same period last year. EPS came in at $0.56, compared to $0.32 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $65.45 million, representing a surprise of +5.42%. The company delivered an EPS surprise of +30.23%, with the consensus EPS estimate being $0.43.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Alerus performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net charge-offs/(recoveries) to average loans: 0% compared to the 0.1% average estimate based on two analysts.
- Efficiency ratio: 68.8% compared to the 75.6% average estimate based on two analysts.
- Net interest margin, tax-equivalent: 3.4% versus the two-analyst average estimate of 3.1%.
- Average Balance - Total interest earning assets: $4.95 billion versus $4.88 billion estimated by two analysts on average.
- Tax-equivalent net interest income: $41.68 million versus $37.56 million estimated by two analysts on average.
- Retirement and benefit services: $16.11 million versus the two-analyst average estimate of $15.90 million.
- Total Noninterest income: $27.63 million versus the two-analyst average estimate of $28.10 million.
- Wealth management: $6.91 million compared to the $6.82 million average estimate based on two analysts.
- Service charges on deposit accounts: $0.65 million versus the two-analyst average estimate of $1.13 million.
- Mortgage banking: $1.53 million versus the two-analyst average estimate of $2.70 million.
- Other: $2.44 million versus the two-analyst average estimate of $1.55 million.
View all Key Company Metrics for Alerus here>>>Shares of Alerus have returned -3.2% over the past month versus the Zacks S&P 500 composite's -4.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.