Alerus Financial Corporation income statement ALRS

Net income was $20.9 million. Diluted earnings per share were $0.81.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Jun 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Q3 FY2024
Sep 30, 2024
Pretax income
36
-28.2%
27
+3.5%
30
+72.3%
-43
-14796.9%
22
+224.0%
26
+224.2%
18
+106.0%
-0
+98.4%
7
-41.1%
Income tax
8
-27.5%
6
+5.1%
7
+71.4%
-10
-4476.9%
5
+220.8%
6
+217.4%
4
+103.1%
-0
+92.7%
2
-33.2%
Net income
28
-28.4%
21
+3.0%
23
+72.5%
-33
-49978.8%
17
+225.0%
20
+226.2%
13
+107.0%
-0
+99.6%
5
-43.2%
Net income to common
28
-28.1%
21
+3.1%
23
+72.3%
-33
-3257800.0%
17
+223.7%
20
+224.9%
13
+106.8%
-0
+100.0%
5
-43.0%
Basic EPS
1.09
-32.4%
0.82
+3.8%
0.90
+73.1%
-1.28
-3186550.1%
0.66
+153.8%
0.79
+154.8%
0.52
+62.5%
-0.00
+100.0%
0.26
-43.5%
Diluted EPS
1.08
-32.3%
0.81
+3.8%
0.89
+71.2%
-1.27
-3184592.7%
0.65
+150.0%
0.78
+151.6%
0.52
+62.5%
-0.00
+100.0%
0.26
-42.2%
Weighted average shares, basic
25
+6.3%
25
-1.1%
25
+0.1%
25
+2.2%
25
+28.3%
25
+28.3%
25
+28.5%
25
+25.7%
20
-0.4%
Weighted average shares, diluted
26
+6.2%
25
-1.2%
26
+0.1%
26
+2.3%
26
+28.1%
26
+28.2%
26
+28.4%
25
+25.7%
20
-0.1%
Other measures
Depreciation and amortization
14
3
-11.6%
3
-14.5%
4
4
+77.8%
4
+76.1%
4
+82.8%
—
2
+2.2%
Margins
Effective tax rate
23.47%
23.51%
24.06%
—
23.16%
23.16%
24.18%
—
23.39%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
National Commercial Banks (SIC 6021)
Listed as
ALRS (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Grand Forks, ND
SEC filer status
Accelerated filer
SEC CIK
903419
Former names
FIRST NATIONAL CORP NORTH DAKOTA (until Feb 7, 2002)

Other National Commercial Banks companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.