Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
21.19
-0.03 (-0.14%)
At close: May 9, 2025, 4:00 PM
21.27
+0.08 (0.38%)
After-hours: May 9, 2025, 4:01 PM EDT
Alerus Financial Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 205.76 | 183.56 | 136.92 | 89.91 | 78.13 | 86.43 | Upgrade
|
| Interest Income on Investments | 34.96 | 38.02 | 27.97 | 25.67 | 14.52 | 9.68 | Upgrade
|
| Total Interest Income | 240.72 | 221.58 | 164.88 | 115.58 | 92.66 | 96.1 | Upgrade
|
| Interest Paid on Deposits | 92.63 | 89.24 | 53.39 | 9.17 | 3.66 | 8.84 | Upgrade
|
| Interest Paid on Borrowings | 22.11 | 25.29 | 23.66 | 6.68 | 1.9 | 3.41 | Upgrade
|
| Total Interest Expense | 114.74 | 114.53 | 77.04 | 15.85 | 5.56 | 12.26 | Upgrade
|
| Net Interest Income | 125.98 | 107.05 | 87.84 | 99.73 | 87.1 | 83.85 | Upgrade
|
| Net Interest Income Growth (YoY) | 45.81% | 21.87% | -11.92% | 14.50% | 3.88% | 12.47% | Upgrade
|
| Trust Income | 26.96 | 26.17 | 21.86 | 20.87 | 21.05 | 17.45 | Upgrade
|
| Mortgage Banking Activities | 9.93 | 10.07 | 8.41 | 16.92 | 48.5 | 61.64 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | - | - | -0.71 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | -24.64 | - | 0.13 | 2.74 | Upgrade
|
| Other Non-Interest Income | 78.11 | 76.71 | 73.33 | 72 | 76.31 | 66.84 | Upgrade
|
| Total Non-Interest Income | 117.24 | 114.93 | 80.23 | 111.22 | 147.39 | 149.37 | Upgrade
|
| Non-Interest Income Growth (YoY) | 46.00% | 43.25% | -27.87% | -24.54% | -1.33% | 30.80% | Upgrade
|
| Revenues Before Loan Losses | 243.22 | 221.98 | 168.07 | 210.95 | 234.49 | 233.22 | Upgrade
|
| Provision for Loan Losses | 19 | 18.14 | 2.06 | - | -3.5 | 10.9 | Upgrade
|
| Revenue | 224.22 | 203.83 | 166.01 | 210.95 | 237.99 | 222.32 | Upgrade
|
| Revenue Growth (YoY) | 35.73% | 22.78% | -21.30% | -11.36% | 7.05% | 22.53% | Upgrade
|
| Salaries and Employee Benefits | 86.84 | 83.21 | 73.06 | 76.82 | 88.28 | 87.28 | Upgrade
|
| Occupancy Expenses | 5.21 | 4.41 | 4.24 | 4.69 | 5.32 | 10.06 | Upgrade
|
| Amortization of Goodwill & Intangibles | 8.16 | 6.78 | 5.3 | 4.75 | 4.38 | 3.96 | Upgrade
|
| Selling, General & Administrative | 47.53 | 45.54 | 40.28 | 39.04 | 40.7 | 31.56 | Upgrade
|
| Other Non-Interest Expense | 34.31 | 30.77 | 27.29 | 30.93 | 30.23 | 30.94 | Upgrade
|
| Total Non-Interest Expense | 182.05 | 170.7 | 150.16 | 156.23 | 168.91 | 163.8 | Upgrade
|
| EBT Excluding Unusual Items | 42.17 | 33.13 | 15.85 | 54.72 | 69.08 | 58.52 | Upgrade
|
| Pretax Income | 32.2 | 23.16 | 15.85 | 52.18 | 69.08 | 58.52 | Upgrade
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| Income Tax Expense | 7.53 | 5.38 | 4.16 | 12.18 | 16.4 | 13.84 | Upgrade
|
| Net Income | 24.66 | 17.78 | 11.7 | 40.01 | 52.68 | 44.68 | Upgrade
|
| Preferred Dividends & Other Adjustments | 0.1 | 0.04 | -0.01 | 0.42 | 0.8 | 0.77 | Upgrade
|
| Net Income to Common | 24.57 | 17.74 | 11.7 | 39.59 | 51.88 | 43.91 | Upgrade
|
| Net Income Growth | 148.07% | 52.02% | -70.76% | -24.06% | 17.92% | 51.24% | Upgrade
|
| Basic Shares Outstanding | 22 | 21 | 20 | 19 | 17 | 17 | Upgrade
|
| Diluted Shares Outstanding | 23 | 21 | 20 | 19 | 17 | 17 | Upgrade
|
| Shares Change (YoY) | 13.25% | 5.85% | 6.67% | 7.99% | 0.27% | 15.54% | Upgrade
|
| EPS (Basic) | 1.09 | 0.84 | 0.59 | 2.12 | 3.02 | 2.57 | Upgrade
|
| EPS (Diluted) | 1.08 | 0.83 | 0.58 | 2.10 | 2.97 | 2.52 | Upgrade
|
| EPS Growth | 118.02% | 43.10% | -72.38% | -29.29% | 17.86% | 31.94% | Upgrade
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| Dividend Per Share | 0.800 | 0.790 | 0.750 | 0.700 | 0.630 | 0.600 | Upgrade
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| Dividend Growth | 5.26% | 5.33% | 7.14% | 11.11% | 5.00% | 5.26% | Upgrade
|
| Effective Tax Rate | 23.40% | 23.23% | 26.23% | 23.34% | 23.74% | 23.66% | Upgrade
|
Updated Apr 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.