Alerus Financial (ALRS) Tax Rate (2018 - 2026)
Alerus Financial (ALRS) recorded quarterly Tax Rate of 24.06% in Q1 2026, down 35.57% quarter-over-quarter from 37.35% in Q4 2025, and down 12.0% on a YoY basis from 27.34% in Q1 2025.
Alerus Financial (ALRS) Tax Rate (2018 - 2026) Analysis & Trends
Alerus Financial's Tax Rate history runs 9 years deep, the most recent figure standing at 24.06% for Q1 2026.
- In Q1 2026, Tax Rate fell 12.0% year-over-year to 24.06%; the TTM figure through Mar 2026 stood at 6.5% (down 1690.0% YoY), while the FY2025 annual figure was 3.27%, down 2650.0% from the prior year.
- Tax Rate was 24.06% for Q1 2026 at Alerus Financial, down from 37.35% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 77.32% in Q4 2024 to a low of 8.11% in Q4 2022.
- Historically, Tax Rate has averaged 25.8% across 5 years, with a median of 23.16% in 2025.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 6012 bps in 2024, then plunged 3997 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 8.11% in 2022, then jumped by 112 bps to 17.2% in 2023, then jumped by 350 bps to 77.32% in 2024, then tumbled by 52 bps to 37.35% in 2025, then slumped by 36 bps to 24.06% in 2026.
- The last three Tax Rate figures came in at 24.06% (Q1 2026), 37.35% (Q4 2025), and 23.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Alerus Financial | 767.62 Mn | 638.02 Mn | - | 24.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.06% |
| Mar 31, 2026 | 24.06% |
| Dec 31, 2025 | 37.35% |
| Dec 31, 2025 | 37.35% |
| Sep 30, 2025 | 23.16% |
| Sep 30, 2025 | 23.16% |
| Jun 30, 2025 | 23.16% |
| Jun 30, 2025 | 23.16% |
| Mar 31, 2025 | 24.18% |
| Mar 31, 2025 | 24.18% |
| Dec 31, 2024 | 77.32% |
| Dec 31, 2024 | 77.32% |
| Sep 30, 2024 | 23.39% |
| Sep 30, 2024 | 23.39% |
| Jun 30, 2024 | 23.65% |
| Jun 30, 2024 | 23.65% |
| Mar 31, 2024 | 24.53% |
| Mar 31, 2024 | 24.53% |
| Dec 31, 2023 | 17.20% |
| Dec 31, 2023 | 17.20% |