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Alerus Financial Corporation ALRS Net Income
Net Income at other companies
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Where this comes from
Reported directly by Alerus Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
The source filing: Alerus Financial Corporation’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 4:32 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001437749-26-014481
| (dollars and shares in thousands, except per share data) | Three months ended / March 31, 2026 | Three months ended / March 31, 2025 |
|---|---|---|
| Total noninterest expense | 50,392 | 50,365 |
| Income before income taxes | 30,250 | 17,561 |
| Income tax expense | 7,279 | 4,246 |
| Net income | $22,971 | $13,315 |
| Per Common Share Data | ||
| Basic earnings per common share | $0.90 | $0.52 |
| Diluted earnings per common share | $0.89 | $0.52 |
| Dividends declared per common share | $0.21 | $0.20 |
Item 1 - Consolidated Financial Statements
FAQ
- What is Alerus Financial Corporation's net income?
- Alerus Financial Corporation (ALRS) reported net income of $22.97M in Q1 2026.
- How has Alerus Financial Corporation's net income changed year-over-year?
- Alerus Financial Corporation's net income increased by 72.5% year-over-year, from $13.32M to $22.97M.
- What is the long-term trend for Alerus Financial Corporation's net income?
- Over 2 years (2021 to 2024), Alerus Financial Corporation's net income has grown at a -41.8% compound annual growth rate (CAGR), from $52.68M to $17.85M.
- What does net income mean?
- The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.
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