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Dec 31, 2022
Alerus Q4 2022 Earnings Report
Alerus Financial Corporation reported a net income of $10.9 million for Q4 2022.
Key Takeaways
Alerus Financial Corporation reported a net income of $10.9 million, or $0.53 per diluted common share, for the fourth quarter of 2022. The company's return on average total assets was 1.17%, and the net interest margin (tax-equivalent) was 3.09%. Noninterest expense decreased by 11.3% compared to the previous quarter.
Net income was $10.9 million, or $0.53 per diluted common share.
Return on average total assets was 1.17%.
Net interest margin (tax-equivalent) was 3.09%.
Noninterest expense decreased by 11.3% compared to the prior quarter.
Revenue by Segment
Forward Guidance
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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