Alerus Financial (ALRS) Net Income (2018 - 2026)
Alerus Financial's Net Income came in at $20.87 million for Q2 2026, up 3.0% from $20.25 million a year earlier but down 9.2% from the prior quarter.
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Analysis
Alerus Financial (ALRS) Net Income (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Alerus Financial reported Net Income of $27.71 million, down 28.4% year-over-year; for FY2025, it was $17.44 million, down 1.9% from FY2024.
- Net Income carries a four-year compound annual growth rate of -24.1% (FY2021 to FY2025).
- Going back by year, Net Income was $17.78 million in FY2024 (+52.0%), $11.7 million in FY2023 (-70.8%), $40.01 million in FY2022 (-24.1%) and $52.68 million in FY2021.
- The five-year range for quarterly Net Income is -$33.05 million (Q4 2025) to $22.97 million (Q1 2026).
- Year-over-year, Net Income increased in five of the last six quarters, with growth averaging 98.4%.
- The fastest year-over-year change in Net Income over five years came in Q2 2025 (growth of 226.2%), and the weakest in Q3 2024 (a decline of 43.2%).
- Business Quant data shows ALRS's Net Income at $22.97 million (Q1 2026), -$33.05 million (Q4 2025) and $16.92 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 21.16 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 228.63 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 9.07 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 5.65 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 4.32 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 5.85 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 6.63 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 6.65 Bn |
| 10 | Alerus Financial | 789.05 Mn | 386.47 Mn | - | 20.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.87 Mn |
| Mar 31, 2026 | 22.97 Mn |
| Dec 31, 2025 | -33.05 Mn |
| Sep 30, 2025 | 16.92 Mn |
| Jun 30, 2025 | 20.25 Mn |
| Mar 31, 2025 | 13.32 Mn |
| Dec 31, 2024 | -66,000.00 |
| Sep 30, 2024 | 5.21 Mn |
| Jun 30, 2024 | 6.21 Mn |
| Mar 31, 2024 | 6.43 Mn |
| Dec 31, 2023 | -14.76 Mn |
| Sep 30, 2023 | 9.16 Mn |
| Jun 30, 2023 | 9.10 Mn |
| Mar 31, 2023 | 8.19 Mn |
| Dec 31, 2022 | 10.91 Mn |
| Sep 30, 2022 | 9.62 Mn |
| Jun 30, 2022 | 9.29 Mn |
| Mar 31, 2022 | 10.18 Mn |
| Dec 31, 2021 | 12.71 Mn |
| Sep 30, 2021 | 13.07 Mn |
API Access
Alerus Financial Net Income 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=net-income&ticker=ALRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=ALRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();