Here's What Key Metrics Tell Us About Alerus (ALRS) Q4 Earnings

For the quarter ended December 2024, Alerus (ALRS) reported revenue of $72.16 million, up 53.6% over the same period last year. EPS came in at $0.44, compared to $0.24 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $62.55 million, representing a surprise of +15.36%. The company delivered an EPS surprise of +12.82%, with the consensus EPS estimate being $0.39.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.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.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: 0.1% versus 0.1% estimated by two analysts on average. Efficiency ratio: 73.4% versus the two-analyst average estimate of 76.9%. Net interest margin, tax-equivalent: 3.2% versus the two-analyst average estimate of 2.7%. Average Balance - Total interest earning assets: $4.81 billion versus the two-analyst average estimate of $5 billion. Tax-equivalent net interest income: $33.98 million versus $33.41 million estimated by two analysts on average. Retirement and benefit services: $16.49 million versus $16.15 million estimated by two analysts on average. Net interest income: $38.28 million versus $31.36 million estimated by two analysts on average. Wealth management: $7.01 million versus $6.80 million estimated by two analysts on average. Other: $6.06 million versus the two-analyst average estimate of $2.93 million. Service charges on deposit accounts: $0.64 million versus $1.34 million estimated by two analysts on average. Mortgage banking: $3.67 million versus the two-analyst average estimate of $2 million. Total Noninterest income: $33.87 million versus the two-analyst average estimate of $29.31 million. View all Key Company Metrics for Alerus here>>>Shares of Alerus have returned +6.3% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alerus Financial (ALRS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks