Alerus Financial Corp

Financial Services · Banks - Regional · —

32.00$ -1.0% vs. previous close Closing price · As of: Oct 7, 2026

Statements

Income Statement

Alerus Financial Corp (ALRS) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 104 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement ALRS
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	40	43	41	45	46	45	44	48	48	49	48	53	52	52	49	60	68	62	63	58	57	57	52	53	59	61	63	66	70	45	74	80	80	97	95	101	99	32	98	104	333
Cost of Revenue	2.7	1.6	1.7	2.5	3.5	3.5	3.8	6.9	4.8	5.5	6.4	7.0	6.4	6.2	6.8	6.9	6.0	3.4	1.3	1.4	-0.6	-0.1	1.4	1.7	4.0	8.8	15	18	22	25	27	34	31	41	28	27	28	25	17	23	93
Gross Profit	37	41	39	42	42	42	40	41	43	43	42	46	46	45	42	53	62	59	62	57	58	58	50	52	55	52	48	48	48	20	47	46	49	56	67	74	72	7.4	81	80	240
Research & Development	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, General & Administrative	24	24	21	22	24	21	22	22	22	24	17	18	20	3.8	19	21	23	27	24	24	23	22	19	21	21	19	19	19	19	19	19	20	21	27	23	24	25	25	34	45	129
Total Operating Expenses	33	33	32	33	35	33	32	34	34	35	33	34	37	36	36	38	39	46	42	41	41	41	37	40	42	37	37	36	37	38	39	38	42	56	50	47	50	51	50	55	205
Operating Income	3.8	8.2	7.2	9.3	7.3	9.1	8.6	7.2	9.3	8.0	8.5	11	9.4	9.8	6.8	15	23	13	20	15	17	17	13	12	13	15	10	12	12	-18	8.5	8.1	6.8	-0.3	18	26	22	-43	30	26	34
Interest Expense	1.7	1.6	1.7	1.9	2.2	2.1	2.3	2.9	3.3	4.0	4.2	5.2	4.9	4.4	4.3	3.4	2.5	2.0	1.3	1.4	1.4	1.4	1.4	1.7	4.0	8.8	14	18	22	23	27	29	30	29	27	27	28	25	22	23	98
Pre-Tax Income	3.8	8.2	7.2	9.3	7.3	9.1	8.6	7.2	9.3	8.0	8.5	11	9.4	9.8	6.8	15	23	13	20	15	17	17	13	12	13	15	10	12	12	-18	8.5	8.1	6.8	-0.3	18	26	22	-43	30	27	36
Income Tax Expense	1.2	2.6	2.2	4.8	2.4	8.1	1.7	1.6	2.0	1.9	2.0	2.9	2.3	2.1	1.4	3.6	5.6	3.1	4.7	3.6	4.1	4.0	2.9	2.7	2.9	3.6	2.3	2.5	2.4	-3.1	2.1	1.9	1.6	-0.2	4.2	6.1	5.1	-10	7.3	6.4	8.5
Net Income	2.6	5.6	5.0	4.6	4.9	1.0	6.9	5.6	7.4	6.0	6.4	8.3	7.1	7.7	5.4	11	18	10	15	12	13	13	10	9.3	9.6	11	8.2	9.1	9.2	-15	6.4	6.2	5.2	-0.1	13	20	17	-33	23	21	28
EBITDA	7.0	12	9.6	12	9.8	11	9.8	8.4	11	10	11	13	12	12	9.0	17	26	16	22	18	19	19	15	14	15	17	13	15	12	-17	11	10	9.0	8.1	21	30	27	-39	36	26	50

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: October 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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