Alerus Financial Corporation (ALRS) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Alerus Financial Corporation (ALRS) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

ALRS Income Statement

Alerus Financial Corporation (ALRS) annual income statement — 14-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Net Interest Income	46.72M	47.71M	44.91M	45.17M	43.14M	43.03M	41.16M	38.28M	22.54M	24M	22.22M	21.55M	20.39M	22.23M	23.66M	26.96M	28.32M	22.78M	21.67M	22.79M
NII Growth %	8.32%	10.88%	9.12%	18%	91.36%	79.29%	85.23%	77.64%	10.53%	7.95%	-6.08%	-20.07%	-27.97%	-2.38%	9.16%	18.32%	34%	7.74%	-1.66%	-1.57%
Net Interest Margin %	0.86%	0.9%	0.85%	0.86%	0.81%	0.81%	0.77%	0.73%	0.55%	0.55%	0.51%	0.55%	0.53%	0.58%	0.61%	0.71%	0.77%	0.69%	0.65%	0.67%
Interest Income	70.19M	70.63M	66.98M	70.39M	70.64M	70.42M	68.18M	67.31M	52.21M	53.02M	49.04M	44.7M	42.04M	40.34M	37.81M	35.81M	32.27M	24.43M	23.06M	24.2M
Interest Expense	23.47M	22.91M	22.07M	25.21M	27.51M	27.39M	27.02M	29.02M	29.67M	29.02M	26.82M	23.14M	21.64M	18.11M	14.15M	8.85M	3.96M	1.65M	1.39M	1.42M
Loan Loss Provision	2.2M	495K	-4.88M	-307K	0	0	863K	11.99M	1.66M	4.49M	0	1.51M	0	0	550K	0	0	0	0	-1.5M
Non-Interest Income	34.35M	32.95M	30.85M	-38.1M	28.41M	30.82M	27.1M	29.36M	27.68M	26.9M	24.88M	289K	27.72M	25.56M	24.76M	24.91M	26.6M	28.74M	28.78M	33.23M
Non-Interest Income %	42.37%	40.85%	40.72%	-538.95%	39.7%	41.73%	39.7%	43.41%	55.11%	52.85%	52.83%	1.32%	57.61%	53.48%	51.13%	48.02%	48.44%	55.79%	57.05%	59.32%
Total Net Revenue	81.07M	80.66M	75.76M	7.07M	71.54M	73.86M	68.25M	67.65M	50.22M	50.91M	47.1M	21.84M	48.11M	47.8M	48.41M	51.88M	54.92M	51.52M	50.46M	56.02M
Revenue Growth %	13.32%	9.21%	11%	-89.55%	42.45%	45.08%	44.91%	209.72%	4.38%	6.5%	-2.71%	-57.9%	-12.39%	-7.23%	-4.05%	-7.4%	-1.83%	-9.12%	-18.07%	-7.06%
Non-Interest Expense	53.87M	54.6M	50.39M	50.73M	49.52M	47.5M	49.83M	55.95M	41.76M	38.28M	38.58M	38.15M	36.57M	36.16M	37.37M	37.34M	42.36M	39.5M	37.38M	40.79M
Efficiency Ratio	66.44%	67.7%	66.52%	717.5%	69.21%	64.31%	73.01%	82.7%	83.16%	75.21%	81.9%	174.69%	76.01%	75.65%	77.19%	71.98%	77.13%	76.67%	74.09%	72.81%
Operating Income	25.01M	25.56M	30.25M	-43.35M	22.02M	26.36M	17.56M	-292K	6.8M	8.13M	8.52M	-17.82M	11.54M	11.64M	10.49M	14.53M	12.56M	12.02M	13.07M	16.73M
Operating Margin %	30.84%	31.69%	39.93%	-613.15%	30.79%	35.69%	25.73%	-0.43%	13.53%	15.97%	18.1%	-81.59%	23.99%	24.35%	21.67%	28.02%	22.87%	23.33%	25.91%	29.87%
Operating Income Growth %	13.53%	-3.02%	72.26%	-14745.89%	224.04%	224.15%	106.04%	98.36%	-41.11%	-30.14%	-18.77%	-222.61%	-8.1%	-3.15%	-19.74%	-13.14%	-26.69%	-21.65%	-34.24%	25.57%
Pretax Income	25.01M	27.28M	30.25M	-43.35M	22.02M	26.36M	17.56M	-291K	6.8M	8.13M	8.52M	-17.82M	11.54M	11.64M	10.49M	14.53M	12.56M	12.02M	13.07M	16.73M
Pretax Margin %	30.84%	33.82%	39.93%	-613.15%	30.79%	35.69%	25.73%	-0.43%	13.53%	15.97%	18.1%	-81.59%	23.99%	24.35%	21.67%	28.02%	22.87%	23.33%	25.91%	29.87%
Income Tax	5.81M	6.41M	7.28M	-10.3M	5.1M	6.1M	4.25M	-225K	1.59M	1.92M	2.09M	-3.06M	2.38M	2.54M	2.31M	3.62M	2.94M	2.73M	2.89M	4.03M
Effective Tax Rate %	23.22%	23.51%	24.06%	23.76%	23.16%	23.16%	24.18%	77.32%	23.39%	23.65%	24.53%	17.2%	20.63%	21.78%	21.98%	24.94%	23.41%	22.67%	22.09%	24.06%
Net Income	19.2M	20.86M	22.97M	-33.05M	16.92M	20.25M	13.31M	-66K	5.21M	6.21M	6.43M	-14.76M	9.16M	9.1M	8.19M	10.91M	9.62M	9.29M	10.18M	12.71M
Net Margin %	23.68%	25.87%	30.32%	-467.5%	23.66%	27.42%	19.51%	-0.1%	10.37%	12.2%	13.66%	-67.56%	19.04%	19.05%	16.91%	21.03%	17.52%	18.04%	20.18%	22.68%
Net Income Growth %	13.45%	3.02%	72.52%	-49978.79%	225.02%	226.24%	107.01%	99.55%	-43.16%	-31.81%	-21.43%	-235.26%	-4.76%	-2.03%	-19.62%	-14.14%	-26.39%	-20.53%	-33.07%	24.8%
Net Income (Continuing)	19.2M	20.86M	22.97M	-33.05M	16.92M	20.25M	13.31M	-66K	5.21M	6.21M	6.43M	-14.76M	9.16M	9.1M	8.19M	10.91M	9.62M	9.29M	10.18M	12.71M
EPS (Diluted)	0.76	0.81	0.90	-1.28	0.65	0.78	0.52	0.00	0.26	0.31	0.32	-0.73	0.45	0.45	0.40	0.53	0.47	0.52	0.57	0.72
EPS Growth %	16.92%	3.85%	73.08%	-	150%	151.61%	62.5%	100%	-42.22%	-31.11%	-20%	-237.74%	-4.26%	-13.46%	-29.82%	-26.07%	-36.49%	-21.21%	-33.72%	25.77%
EPS (Basic)	0.77	0.82	0.90	-1.28	0.66	0.79	0.52	0.00	0.26	0.31	0.32	-0.74	0.46	0.45	0.41	0.54	0.48	0.53	0.58	0.73
Diluted Shares Outstanding	25.16M	25.4M	25.4M	25.4M	25.71M	25.65M	25.65M	25.14M	20.07M	20.05M	19.99M	20M	20.09M	20.24M	20.25M	20.23M	20.23M	17.53M	17.5M	17.48M