ALRSAlerus Financial Corporation
$32.22+52% 1Y
$32.22
$20.5552 weeks$34.11
The financials
Alerus Financial Corporation by the numbers
Alerus Financial Corporation (ALRS) reported revenue of $71M in Q2 2026 (quarter ended Jun 30, 2026), up 0.3% from the same quarter a year earlier. That came with net income of $21M (30% of revenue). For the full year FY2025, revenue was $280M (+26% year on year) and net income $17M. Its largest product in Q2 2026 was Retirement and Benefit Services at $17M, 59% of the disclosed total, well ahead of Wealth Management at 26%. The next results filing is expected around Oct 29, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $71M | $70M | +0.3% |
| Net income | $21M | $20M | +3.0% |
| Diluted EPS | $0.81 | $0.78 | +3.8% |
| Product | Revenue | Share |
|---|---|---|
| Retirement and Benefit Services | $17M | 59% |
| Wealth Management | $7.7M | 26% |
| Mortgage Banking | $3.2M | 11% |
| Deposit Account | $1.1M | 3.8% |
Business segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $29.4M (+0.83%)
Deposit Account grew +63% year on yearMortgage Banking -12% year on year
Segment Latestquarter on quarteryear on year
- Retirement and Benefit Services$17.3M$17.3Mquarter on quarter -0.34%year on year +8.3%-0.34%+8.3%
- Wealth Management$7.7M$7.7Mquarter on quarter +6.5%year on year +4.6%+6.5%+4.6%
- Mortgage Banking$3.2M$3.2Mquarter on quarter -9.6%year on year -12%-9.6%-12%
- Deposit Account$1.1M$1.1Mquarter on quarter +19%year on year +63%+19%+63%
Banks, Regional
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