Alerus Financial Corporation (ALRS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 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 | 21.13M | 21.14M |
| NII Growth % | 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% | -2.91% | 5.22% |
| Net Interest Margin % | 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% | 0.67% | 0.67% |
| Interest Income | 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 | 22.55M | 22.58M |
| Interest Expense | 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 | 1.42M | 1.44M |
| Loan Loss Provision | -4.88M | -307K | 0 | 0 | 863K | 11.99M | 1.66M | 4.49M | 0 | 1.51M | 0 | 0 | 550K | 0 | 0 | 0 | 0 | -1.5M | -2M | 0 |
| Non-Interest Income | 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 | 34.81M | 35.55M |
| Non-Interest Income % | 31.53% | -118.03% | 28.68% | 30.44% | 28.44% | 30.37% | 34.65% | 33.66% | 33.66% | 0.64% | 39.74% | 38.79% | 39.57% | 41.02% | 45.18% | 54.06% | 55.52% | 57.86% | 60.69% | 61.15% |
| Total Revenue | 97.82M | 32.28M | 99.05M | 101.25M | 95.28M | 96.67M | 79.89M | 79.93M | 73.92M | 44.98M | 69.76M | 65.9M | 62.56M | 60.72M | 58.88M | 53.17M | 51.85M | 57.44M | 57.36M | 58.13M |
| Revenue Growth % | 2.67% | -66.61% | 23.98% | 26.68% | 28.89% | 114.9% | 14.53% | 21.28% | 18.15% | -25.92% | 18.48% | 23.95% | 20.67% | 5.72% | 2.65% | -8.54% | -17.53% | -7.84% | -15.79% | -3.75% |
| Non-Interest Expense | 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 | 40.81M | 41.35M |
| Efficiency Ratio | 51.51% | 157.14% | 49.99% | 46.91% | 52.3% | 57.87% | 52.27% | 47.9% | 52.19% | 84.81% | 52.43% | 54.87% | 59.73% | 61.5% | 71.94% | 74.29% | 72.1% | 71.02% | 71.15% | 71.13% |
| Operating Income | 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 | 17.13M | 15.34M |
| Operating Margin % | 30.92% | -134.29% | 22.24% | 26.03% | 18.43% | -0.3% | 8.51% | 10.17% | 11.53% | -39.61% | 16.55% | 17.66% | 16.77% | 23.93% | 21.33% | 22.6% | 25.21% | 29.13% | 29.87% | 26.38% |
| Operating Income Growth % | 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% | -26.5% | 1.66% |
| Pretax Income | 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 | 17.13M | 15.34M |
| Pretax Margin % | 30.92% | -134.29% | 22.24% | 26.03% | 18.43% | -0.3% | 8.51% | 10.17% | 11.53% | -39.61% | 16.55% | 17.66% | 16.77% | 23.93% | 21.33% | 22.6% | 25.21% | 29.13% | 29.87% | 26.38% |
| Income Tax | 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 | 4.06M | 3.64M |
| Effective Tax Rate % | 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% | 23.72% | 23.76% |
| Net Income | 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 | 13.07M | 11.69M |
| Net Margin % | 23.48% | -102.39% | 17.09% | 20% | 13.98% | -0.07% | 6.52% | 7.77% | 8.7% | -32.8% | 13.13% | 13.81% | 13.08% | 17.97% | 16.34% | 17.48% | 19.64% | 22.12% | 22.78% | 20.12% |
| Net Income Growth % | 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% | -26% | 1.92% |
| Net Income (Continuing) | 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 | 13.07M | 11.69M |
| EPS (Diluted) | 0.90 | -1.28 | 0.65 | 0.78 | 0.52 | 0.13 | 0.26 | 0.31 | 0.32 | -0.73 | 0.45 | 0.45 | 0.40 | 0.53 | 0.47 | 0.52 | 0.57 | 0.72 | 0.74 | 0.66 |
| EPS Growth % | 73.08% | -1084.62% | 150% | 151.61% | 62.5% | 117.81% | -42.22% | -31.11% | -20% | -237.74% | -4.26% | -13.46% | -29.82% | -26.07% | -36.49% | -21.21% | -33.72% | 25.77% | -25.25% | 1.54% |
| EPS (Basic) | 0.90 | -1.28 | 0.66 | 0.79 | 0.52 | 0.13 | 0.26 | 0.31 | 0.32 | -0.74 | 0.46 | 0.45 | 0.41 | 0.54 | 0.48 | 0.53 | 0.58 | 0.73 | 0.75 | 0.67 |
| Diluted Shares Outstanding | 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 | 17.5M | 17.5M |