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Alerus Financial Corporation ALRS Q1 2026 earnings

Reported April 29, 2026 · After market close

Revenue$75.8MBeat by $2.0M
EPS$0.89Beat by $0.31
Revenue estimate$73.8M
EPS estimate$0.58

Next report

Date not yet announced

Financials

Q1 2026

Income statement

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Net income$23.0M+72.5%

Balance sheet

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Cash & equivalents$128.8M+55.3%
Total debt$301.8M+8.7%
Total equity$574.7M+11.8%
Total assets$5.3B-1.0%

Cash flow

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Operating cash flow$27.8M+261%
CapEx$2.0M-1.3%
Free cash flow$25.8M+356%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$602.26M+28.6%
Enterprise value$775.24M+17.0%

Returns & leverage

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Debt / equity0.5×0.0×

Segments

By product

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Retirement And Benefit Services$17.4M+8.1%
Wealth Management$7.2M+4.8%
Mortgage Banking$3.5M+131%
Deposit Account$933.0K+43.3%

Versus estimates

Revenue

Q2 2026$80.0MBeat by $3.0M
Q1 2026$75.8MBeat by $2.0M
Q4 2025$77.8MBeat by $6.4MQ3 2025$71.5MBeat by $109.6KQ2 2025$73.9MBeat by $2.9MQ1 2025$68.3MBeat by $221.8K

Diluted EPS

Q2 2026$0.80Beat by $0.02
Q1 2026$0.89Beat by $0.31
Q4 2025$0.85Beat by $0.28Q3 2025$0.66Beat by $0.07Q2 2025$0.72Beat by $0.16Q1 2025$0.56Beat by $0.13

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Questions, answered.

When did Alerus Financial Corporation report Q1 2026 earnings?
Alerus Financial Corporation (ALRS) reported Q1 2026 earnings on April 29, 2026 after market close.
What were Alerus Financial Corporation's Q1 2026 revenue and EPS?
Alerus Financial Corporation reported revenue of $75.8M and eps of $0.89 for Q1 2026.
Did Alerus Financial Corporation beat estimates in Q1 2026?
Revenue beat the consensus estimate of $73.8M by $2.0M. EPS beat the consensus estimate of $0.58 by $0.31.
How did Alerus Financial Corporation's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.0% from $68.3M a year earlier and eps grew 58.9% from $0.56.
Where can I find Alerus Financial Corporation's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001437749-26-013893) and the 10-Q periodic report (0001437749-26-014481) directly on SEC EDGAR. The filing index links above go to sec.gov.