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Alerus Financial Corporation ALRS Banking — Interest Income Expense Net

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Other financials

Income statement

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Revenue$51.4M+7.0%
Net income$23.0M+72.5%
EPS (diluted)$0.31-31.1%

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

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Market cap$769.19M+43.7%
Enterprise value$942.16M+29.1%
P/E10.5×
P/S4.5×+1.1×

Profitability

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Net margin18.8%-0.6pp
FCF margin4.4%-41.9pp

Returns & leverage

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Return on equity10.8%
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Alerus Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The official record: Alerus Financial Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alerus Financial Corporation's banking — interest income expense net?
Alerus Financial Corporation (ALRS) reported banking — interest income expense net of $45.55M in Q1 2026.
How has Alerus Financial Corporation's banking — interest income expense net changed year-over-year?
Alerus Financial Corporation's banking — interest income expense net increased by 8.9% year-over-year, from $41.81M to $45.55M.
What is the long-term trend for Alerus Financial Corporation's banking — interest income expense net?
Over 4 years (2021 to 2025), Alerus Financial Corporation's banking — interest income expense net has grown at a 19.1% compound annual growth rate (CAGR), from $87.01M to $175.1M.
What does banking — interest income expense net mean?
Calculated as the difference between interest earned on loans and investments and the interest paid on deposits and other borrowings. This is the primary driver of core banking profitability, reflecting the net interest margin generated by the segment's lending and funding activities. It serves as a key indicator of the segment's ability to manage interest rate risk and pricing power.