Alerus Financial (ALRS) Tax Rate: 2017-2024

Historic Tax Rate for Alerus Financial (ALRS) over the last 8 years, with Dec 2024 value amounting to 23.23%.

  • Alerus Financial's Tax Rate fell 23.00% to 23.16% in Q3 2025 from the same period last year, while for Sep 2025 it was 23.19%, marking a year-over-year decrease of 2191.00%. This contributed to the annual value of 23.23% for FY2024, which is 300.00% down from last year.
  • Alerus Financial's Tax Rate amounted to 23.23% in FY2024, which was down 11.44% from 26.23% recorded in FY2023.
  • Alerus Financial's Tax Rate's 5-year high stood at 26.23% during FY2023, with a 5-year trough of 23.23% in FY2024.
  • For the 3-year period, Alerus Financial's Tax Rate averaged around 24.26%, with its median value being 23.34% (2022).
  • As far as peak fluctuations go, Alerus Financial's Tax Rate spiked by 289bps in 2023, and later slumped by 300bps in 2024.
  • Over the past 5 years, Alerus Financial's Tax Rate (Yearly) stood at 23.66% in 2020, then increased by 8bps to 23.74% in 2021, then slumped by 40bps to 23.34% in 2022, then spiked by 289bps to 26.23% in 2023, then tumbled by 300bps to 23.23% in 2024.