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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.
Alerus
Alerus
Alerus Revenue by Segment
Revenue by Segment
Retirement Services Revenue
CapyFin.comWealth Management Revenue
CapyFin.comMortgage Banking Revenue
CapyFin.comDeposit Service Charges Revenue
CapyFin.comOther Income Revenue
CapyFin.com Forward Guidance
I am sorry, but I cannot provide a response for forwardGuidance, because there is no forward guidance information in this document.