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ALRSAlerus Financial Corporation$30.30$774M
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ALRS logoAlerus Financial Corporation (ALRS) Earnings History

Earnings Pressure

14 years of earnings data (2012–2025) · 5-year EPS trend is negative

TTM Net Income
$27M
● Profitable
TTM EPS (Diluted)
$1.07
Per share, diluted
YoY EPS Growth
-18.1%
Declining
Net Margin
5.3%
After-tax profitability
EPS Growth Rate (CAGR)
1Y-18.1%
3Y-31.3%
5Y-23.0%
10Y-5.6%
Operating Margin6.9%
Gross Margin67.2%
Return on Equity3.3%
Return on Assets0.3%
Record Annual Net Income$53MFY2021
Record Quarterly EPS$0.99Q3 2020
Consecutive Profitable Years14years
Q1 2026
Net Income$23M
EPS (Diluted)$0.90
YoY Growth-18.1%Declining
QoQ Growth+169.5%Excellent

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Alerus Financial Corporation (ALRS) Earnings Overview

As of June 13, 2026, Alerus Financial Corporation (ALRS) reported trailing twelve-month net income of $27M, reflecting -18.1% year-over-year growth. The company earned $1.07 per diluted share over the past four quarters, with a net profit margin of 5.3%.

Looking at the long-term picture, ALRS's 5-year EPS compound annual growth rate (CAGR) stands at -23.0%, signaling declining earnings. The company achieved its highest annual net income of $53M in fiscal 2021.

Alerus Financial Corporation maintains positive profitability with a gross margin of 67.2%, operating margin of 6.9%, and net margin of 5.3%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including NBTB ($169M net income, 19.5% margin), FFIN ($254M net income, 30.7% margin), BANF ($241M net income, 29.2% margin), ALRS has room to improve margins relative to the peer group. Compare ALRS vs NBTB →

ALRS Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ALRS logoALRSCurrent
$27M$1.075.3%3.3%-18.1%—
NBTB logoNBTB
$169M$3.2219.5%9.9%+12.5%
FFIN logoFFIN
$254M$1.7730.7%14.4%+13.5%
BANF logoBANF
$241M$7.1029.2%13.8%+10.6%
OTTR logoOTTR
$280M$6.6721.2%15.6%-8.6%
WSFS logoWSFS
$287M$5.2921.1%10.8%+15.4%
Best in group
Lowest in group

ALRS Historical Earnings Data (2012–2025)

14 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$17M-1.9%$23M$0.685.3%6.9%
2024$18M+52.0%$23M$0.835.3%6.8%
2023$12M-70.8%$16M$0.584.8%6.5%
2022$40M-24.1%$52M$2.1017.8%23.2%
2021$53M+17.9%$69M$2.9722.3%29.3%
2020$45M+51.2%$59M$2.5218.6%24.4%
2019$30M+14.2%$39M$1.9114.4%19.0%
2018$26M+72.4%$33M$1.8413.7%17.5%
2017$15M+6.9%$33M$1.078.5%18.4%
2016$14M-18.0%$21M$1.008.1%12.3%
2015$17M-17.6%$24M$1.2112.2%17.0%
2014$21M+2.5%$30M$1.4816.5%23.7%
2013$20M+24.7%$32M$1.4616.3%25.7%
2012$16M-$26M$1.1712.3%19.5%

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What if you invested $1,000 in ALRS back in 2012?

Total return with dividends reinvested · 14+ years of data

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How much would $100/month in ALRS be worth today?

Dollar cost averaging vs lump sum · see how regular investing compounds over time

Run the Numbers

Is ALRS Undervalued Right Now?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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ALRS — Frequently Asked Questions

Quick answers to the most common questions about buying ALRS stock.

What is ALRS earnings per share (EPS)?

ALRS trailing twelve-month (TTM) diluted EPS is $1.07, reflecting -18.1% year-over-year growth. The 5-year EPS CAGR is -23.0%. Complete EPS history from 2012 to 2025 is available in the table on this page.

What is Alerus Financial Corporation's net income?

Alerus Financial Corporation (ALRS) trailing twelve-month net income is $27M as of 2025. Earnings declined -18.1% year-over-year. Alerus Financial Corporation has been profitable for 14 consecutive years.

Is ALRS profitable?

Yes, ALRS is profitable with a TTM net income of $27M and a net profit margin of +5.3%. Alerus Financial Corporation has generated profits for 14 consecutive years.

What is ALRS's earnings growth rate?

ALRS compound annual EPS growth rates (CAGR): 1-Year: -18.1%, 3-Year: -31.3%, 5-Year: -23.0%, 10-Year: -5.6%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2012 to 2025.

What are ALRS's profit margins?

Alerus Financial Corporation net profit margin is +5.3%, operating margin is +6.9%, and gross margin is +67.2%. Margins are within a typical range for the sector. Return on Equity is +3.3%.

Is ALRS growing earnings?

ALRS earnings are declining — EPS fell -18.1% year-over-year. TTM net income dropped to $27M. This contrasts with the 5-year CAGR of -23.0%.

What was ALRS's best earnings year?

Alerus Financial Corporation's highest annual net income on record is $53M, achieved in fiscal year 2021. Earnings history on this page spans 2012 to 2025 and includes all annual and quarterly figures.

What were ALRS's earnings last quarter?

ALRS's most recent reported quarter was Q1 2026. Net income was $23M with diluted EPS of $0.90. For a full breakdown of all quarters, see the quarterly earnings table on this page.

ALRS Earnings Over Time (2012–2025)

Net income & EPS — annual and quarterly view