Alerus Financial (ALRS) Net Income (2018 - 2026)
Alerus Financial's (ALRS) quarterly Net Income came in at $28.8 million in Q1 2026, up 107.38% year-on-year from $13.9 million in Q1 2025, and up 173.1% quarter-over-quarter from -$39.4 million in Q4 2025.
Alerus Financial (ALRS) Net Income (2018 - 2026) Analysis & Trends
Alerus Financial's Net Income history runs 9 years deep, the most recent figure standing at $28.8 million for Q1 2026.
- On a quarterly basis, Net Income rose 107.38% year-over-year to $28.8 million in Q1 2026; TTM through Mar 2026 was $27.1 million, a 22.85% increase from a year earlier, with the FY2025 full-year figure at $23.3 million, up 69.1% from the prior year.
- Net Income rose to $28.8 million in Q1 2026 per ALRS's latest filing, from -$39.4 million in the prior quarter.
- Across five years, Net Income topped out at $28.8 million in Q1 2026 and bottomed at -$39.4 million in Q4 2025.
- The 5-year median for Net Income is $10.0 million (2023), against an average of $7.4 million.
- Biggest YoY gain for Net Income was 215.32% in 2025; the steepest drop was 732.38% in 2025.
- Year by year, Net Income stood at $20.6 million in 2022, then plunged by 172.22% to -$14.9 million in 2023, then jumped by 68.28% to -$4.7 million in 2024, then tumbled by 732.38% to -$39.4 million in 2025, then soared by 173.1% to $28.8 million in 2026.
- Per Business Quant, the three latest ALRS Net Income figures stand at $28.8 million (Q1 2026), -$39.4 million (Q4 2025), and $17.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 1.77 Bn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 428,428.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 3.45 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 2.24 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | 3.36 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 4.33 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.07 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 1.77 Bn |
| 10 | Alerus Financial | 816.47 Mn | 685.89 Mn | - | 28.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.77 Mn |
| Dec 31, 2025 | -39.36 Mn |
| Sep 30, 2025 | 17.40 Mn |
| Jun 30, 2025 | 20.25 Mn |
| Mar 31, 2025 | 13.87 Mn |
| Dec 31, 2024 | -4.73 Mn |
| Sep 30, 2024 | 6.47 Mn |
| Jun 30, 2024 | 6.42 Mn |
| Mar 31, 2024 | 6.73 Mn |
| Dec 31, 2023 | -14.91 Mn |
| Sep 30, 2023 | 9.12 Mn |
| Jun 30, 2023 | 9.10 Mn |
| Mar 31, 2023 | 10.03 Mn |
| Dec 31, 2022 | 20.64 Mn |
| Sep 30, 2022 | 12.15 Mn |
| Jun 30, 2022 | 11.49 Mn |
| Mar 31, 2022 | 12.49 Mn |
| Dec 31, 2021 | 24.27 Mn |
| Sep 30, 2021 | 13.07 Mn |
| Jun 30, 2021 | 11.69 Mn |