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
DateValue
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%