Alerus Financial (ALRS) Net Income (2018 - 2026)

Alerus Financial (ALRS) recorded quarterly Net Income of $23.0 million in Q1 2026, up 184.58% quarter-over-quarter from -$27.2 million in Q4 2025, and up 72.52% on a YoY basis from $13.3 million in Q1 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 $23.0 million for Q1 2026.

  • In Q1 2026, Net Income rose 72.52% year-over-year to $23.0 million; the TTM figure through Mar 2026 stood at $33.0 million (up 33.75% YoY), while the FY2025 annual figure was $23.3 million, up 31.22% from the prior year.
  • Net Income was $23.0 million for Q1 2026 at Alerus Financial, up from -$27.2 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $23.0 million in Q1 2026 to a low of -$27.2 million in Q4 2025.
  • Historically, Net Income has averaged $7.0 million across 5 years, with a median of $9.2 million in 2023.
  • Biggest YoY gain for Net Income was 226.24% in 2025; the steepest drop was 41051.52% in 2025.
  • A 5-year view of Net Income shows it stood at $13.4 million in 2022, then slumped by 210.49% to -$14.8 million in 2023, then surged by 99.55% to -$66000.0 in 2024, then tumbled by 41051.52% to -$27.2 million in 2025, then surged by 184.58% to $23.0 million in 2026.
  • The last three Net Income figures came in at $23.0 million (Q1 2026), -$27.2 million (Q4 2025), and $16.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 424,936.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - 3.36 Bn
4 First Capital 215.78 Bn 215.63 Bn - 4.33 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 5.07 Mn
7 NatWest 168.65 Bn -51.67 Bn - 3.45 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 1.13 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 1.91 Bn
10 Alerus Financial 767.62 Mn 638.02 Mn - 22.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 22.97 Mn
Dec 31, 2025 -27.16 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 13.35 Mn
Sep 30, 2022 9.62 Mn
Jun 30, 2022 9.29 Mn
Mar 31, 2022 10.18 Mn
Dec 31, 2021 16.16 Mn
Sep 30, 2021 13.07 Mn
Jun 30, 2021 11.69 Mn