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
DateValue
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