Alerus Financial Corporation (ALRS)

Alerus Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	172.5	107.05	87.84	99.73	87.1
Net Interest Income Growth	61.15%	21.87%	-11.92%	14.50%	3.88%
Non-Interest Income	51.88	114.93	80.23	111.22	147.39
Non-Interest Income Growth	-54.86%	43.25%	-27.87%	-24.54%	-1.33%
Revenues Before Loan Losses	224.38	221.98	168.07	210.95	234.49
Provision for Credit Losses	-0.56	-18.14	-2.06	-	3.5
Revenue	224.93	240.12	170.13	210.95	230.99
Revenue Growth (YoY)	-6.32%	41.14%	-19.35%	-8.67%	-5.38%
Compensation Expenses	124.27	110.28	96.34	102.57	115.42
Selling, General & Admin	55.49	55.82	41.29	42.43	40.91
Other Non-Interest Expenses	21.46	14.58	12.53	13.77	12.58
Total Non-Interest Expense	201.23	180.68	150.16	158.77	168.91
Pretax Income	22.59	23.16	15.85	52.18	69.08
Provision for Income Taxes	-5.15	-5.38	-4.16	-12.18	-16.4
Net Income	17.44	17.78	11.7	40.01	52.68
Net Income to Common	17.44	17.78	11.7	40.01	52.68
Net Income Growth	-1.92%	52.02%	-70.76%	-24.06%	17.92%
Shares Outstanding (Basic)	25	21	20	19	17
Shares Outstanding (Diluted)	26	21	20	19	17
Shares Change (YoY)	20.52%	5.85%	6.67%	7.99%	-1.37%
EPS (Basic)	0.69	0.84	0.59	2.12	3.02
EPS (Diluted)	0.68	0.83	0.58	2.10	2.97
EPS Growth	-18.07%	43.10%	-72.38%	-29.29%	17.86%
Free Cash Flow	58.83	9.38	23.75	101.18	148.13
Free Cash Flow Growth	527.46%	-60.51%	-76.53%	-31.70%	-
Free Cash Flow Per Share	2.29	0.44	1.18	5.36	8.47
Dividends Per Share	0.830	0.790	0.750	0.700	0.630
Dividend Growth	5.06%	5.33%	7.14%	11.11%	5.00%
Profit Margin	7.79%	8.72%	7.05%	18.96%	22.14%
FCF Margin	26.29%	4.60%	14.30%	47.96%	62.24%
EBITDA	17.29	14.88	8.51	8.24	8.81
EBITDA Margin	7.72%	7.30%	5.13%	3.91%	3.70%
Effective Tax Rate	-22.81%	-23.23%	-26.23%	-23.34%	-23.74%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q