Alerus Financial Past Earnings Performance
Past criteria checks 1/6
Alerus Financial's earnings have been declining at an average annual rate of -1.1%, while the Diversified Financial industry saw earnings declining at 1.1% annually. Revenues have been growing at an average rate of 1% per year. Alerus Financial's return on equity is 2.7%, and it has net margins of 6%.
Key information
-1.1%
Earnings growth rate
-6.6%
EPS growth rate
| Diversified Financial Industry Growth | 9.1% |
| Revenue growth rate | 1.0% |
| Return on equity | 2.7% |
| Net Margin | 6.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Alerus Financial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 165 | 10 | 119 | 0 |
| 31 Dec 23 | 166 | 12 | 118 | 0 |
| 30 Sep 23 | 198 | 37 | 116 | 0 |
| 30 Jun 23 | 204 | 38 | 120 | 0 |
| 31 Mar 23 | 208 | 38 | 123 | 0 |
| 31 Dec 22 | 211 | 40 | 120 | 0 |
| 30 Sep 22 | 216 | 41 | 127 | 0 |
| 30 Jun 22 | 220 | 45 | 127 | 0 |
| 31 Mar 22 | 226 | 47 | 130 | 0 |
| 31 Dec 21 | 238 | 52 | 134 | 0 |
| 30 Sep 21 | 240 | 49 | 139 | 0 |
| 30 Jun 21 | 245 | 54 | 137 | 0 |
| 31 Mar 21 | 242 | 54 | 134 | 0 |
| 31 Dec 20 | 222 | 44 | 129 | 0 |
| 30 Sep 20 | 208 | 41 | 120 | 0 |
| 30 Jun 20 | 191 | 31 | 118 | 0 |
| 31 Mar 20 | 183 | 28 | 115 | 0 |
| 31 Dec 19 | 181 | 29 | 113 | 0 |
| 30 Sep 19 | 179 | 27 | 100 | 0 |
| 30 Jun 19 | 176 | 28 | 102 | 0 |
| 31 Mar 19 | 170 | 25 | 106 | 0 |
| 31 Dec 18 | 169 | 26 | 108 | 0 |
| 30 Sep 18 | 168 | 20 | 138 | 0 |
| 30 Jun 18 | 166 | 18 | 133 | 0 |
| 31 Mar 18 | 169 | 17 | 100 | 0 |
| 31 Dec 17 | 167 | 15 | 104 | 0 |
| 30 Sep 17 | 171 | 20 | 101 | 0 |
| 30 Jun 17 | 168 | 18 | 101 | 0 |
| 31 Mar 17 | 167 | 16 | 102 | 0 |
| 31 Dec 16 | 164 | 14 | 127 | 0 |
| 30 Sep 16 | 155 | 11 | 97 | 0 |
| 30 Jun 16 | 150 | 13 | 94 | 0 |
| 31 Mar 16 | 146 | 15 | 90 | 0 |
| 31 Dec 15 | 142 | 17 | 86 | 0 |
| 30 Sep 15 | 143 | 19 | 85 | 0 |
| 30 Jun 15 | 142 | 21 | 81 | 0 |
| 31 Mar 15 | 136 | 20 | 76 | 0 |
| 31 Dec 14 | 130 | 21 | 72 | 0 |
| 30 Sep 14 | 125 | 18 | 70 | 0 |
| 30 Jun 14 | 121 | 17 | 69 | 0 |
| 31 Mar 14 | 121 | 19 | 69 | 0 |
| 31 Dec 13 | 125 | 20 | 71 | 0 |
| 30 Sep 13 | 134 | 21 | 74 | 0 |
| 30 Jun 13 | 134 | 20 | 74 | 0 |
Quality Earnings: 5QD has high quality earnings.
Growing Profit Margin: 5QD's current net profit margins (6%) are lower than last year (18.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 5QD's earnings have declined by 1.1% per year over the past 5 years.
Accelerating Growth: 5QD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 5QD had negative earnings growth (-73.6%) over the past year, making it difficult to compare to the Diversified Financial industry average (-11.4%).
Return on Equity
High ROE: 5QD's Return on Equity (2.7%) is considered low.