Alerus Financial (ALRS) Loans - Loss Allowance (2018 - 2026)
Alerus Financial (ALRS) reported Loans - Loss Allowance of $48.4 million for Q2 2026, down 18.4% from $59.28 million a year earlier and down 4.2% from the prior quarter.
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Analysis
Alerus Financial (ALRS) Loans - Loss Allowance (2018 - 2026) Analysis & Trends
At the end of FY2025, Alerus Financial posted Loans - Loss Allowance of $61.92 million, up 3.3% from FY2024.
- Loans - Loss Allowance has increased for three consecutive years, with a four-year compound annual growth rate of 18.3% (FY2021 to FY2025).
- By year, Loans - Loss Allowance came in at $59.93 million in FY2024 (+67.2%), $35.84 million in FY2023 (+15.1%), $31.15 million in FY2022 (-1.3%) and $31.57 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Loans - Loss Allowance since Q3 2024.
- Year over year, Loans - Loss Allowance gained in six of the last eight quarters, with growth averaging 28.0%.
- The high point for year-over-year Loans - Loss Allowance in five years was Q1 2025 (growth of 69.3%); the low point was Q1 2026 (a decline of 18.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $50.51 million (Q1 2026), $61.92 million (Q4 2025) and $62.13 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 26.15 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 347,603.00 |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 13.11 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | -5.33 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | -331.64 Mn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 13.91 Bn |
| 10 | Alerus Financial | 789.05 Mn | 386.47 Mn | - | 48.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.40 Mn |
| Mar 31, 2026 | 50.51 Mn |
| Dec 31, 2025 | 61.92 Mn |
| Sep 30, 2025 | 62.13 Mn |
| Jun 30, 2025 | 59.28 Mn |
| Mar 31, 2025 | 61.93 Mn |
| Dec 31, 2024 | 59.93 Mn |
| Sep 30, 2024 | 39.14 Mn |
| Jun 30, 2024 | 38.33 Mn |
| Mar 31, 2024 | 36.58 Mn |
| Dec 31, 2023 | 35.84 Mn |
| Sep 30, 2023 | 36.29 Mn |
| Jun 30, 2023 | 35.70 Mn |
| Mar 31, 2023 | 35.10 Mn |
| Dec 31, 2022 | 31.15 Mn |
| Sep 30, 2022 | 30.97 Mn |
| Jun 30, 2022 | 31.37 Mn |
| Mar 31, 2022 | 31.71 Mn |
| Dec 31, 2021 | 31.57 Mn |
| Sep 30, 2021 | 32.07 Mn |
API Access
Alerus Financial Loans - Loss Allowance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=ALRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "ticker": "ALRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=ALRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();