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Alerus Financial (NASDAQ:ALRS) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Alerus Financial (NASDAQ:ALRS – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01, Yahoo Finance reports. Alerus Financial had a return on equity of 8.20% and a net margin of 3.54%. The firm had revenue of $74.36 million […]
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NYC's Rent-Controlled Apartments Partly Behind NYCB Issues, Analysts Question If $1 Billion Lifeline Enough To Avoid SVB-Like Collapse

With the average one-bedroom, 600-square-foot New York City apartment renting for about $3,760 per month, rent prices have stretched affordability for the city's residents. It's no wonder politicians have sought to make housing more affordable in the city, but a policy aimed at doing so has been blamed, in part, for the struggles of New York Community Bancorp Inc. (NYSE:NYCB), which has seen its stock drop over 72% year to date. NYCB has been hit with a double whammy. In 2019, a change...
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Source: yahoo.com

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