Popularity #3,065Ex-dividend in 3d · $0.22
Alerus Financial (ALRS)
Delivers banking, retirement-plan administration, and wealth management from one Grand Forks-based charter.
$32.20
After-hours close−0.06 (−0.19%)
At close$32.26(−0.55%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 70 | 45 | 74 | 80 | 80 | 97 | 95 | 101 | 99 | 32 | 98 | 104 |
| Cost of revenue | 22 | 25 | 27 | 34 | 31 | 41 | 28 | 27 | 28 | 25 | 17 | 23 |
| Gross profit | 48 | 20 | 47 | 46 | 49 | 56 | 67 | 74 | 72 | 7 | 81 | 80 |
| 37 | 38 | 39 | 38 | 42 | 56 | 50 | 47 | 50 | 51 | 50 | 55 | |
| 20 | 20 | 20 | 21 | 22 | 28 | 24 | 25 | 26 | 26 | 34 | 46 | |
| Selling & marketing | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
| General & administrative | 19 | 19 | 19 | 20 | 21 | 27 | 23 | 24 | 25 | 25 | 34 | 45 |
| Other expenses | 17 | 18 | 19 | 17 | 20 | 28 | 26 | 22 | 23 | 25 | 16 | 9 |
| Operating income | 12 | −18 | 9 | 8 | 7 | 0 | 18 | 26 | 22 | −43 | 30 | 26 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Interest income | 42 | 45 | 49 | 53 | 52 | 67 | 68 | 70 | 71 | 70 | 67 | 71 |
| Interest expense | 22 | 23 | 27 | 29 | 30 | 29 | 27 | 27 | 28 | 25 | 22 | 23 |
| Income before tax | 12 | −18 | 9 | 8 | 7 | 0 | 18 | 26 | 22 | −43 | 30 | 27 |
| Income tax expense | 2 | −3 | 2 | 2 | 2 | 0 | 4 | 6 | 5 | −10 | 7 | 6 |
| Net income from continuing operations | 9 | −15 | 6 | 6 | 5 | 0 | 13 | 20 | 17 | −33 | 23 | 21 |
| Net income | 9 | −15 | 6 | 6 | 5 | 0 | 13 | 20 | 17 | −33 | 23 | 21 |
| EPS, basic | $0.46 | −$0.74 | $0.32 | $0.31 | $0.26 | $0.00 | $0.52 | $0.79 | $0.66 | −$1.28 | $0.90 | $0.82 |
| EPS, diluted | $0.45 | −$0.73 | $0.32 | $0.31 | $0.26 | $0.00 | $0.52 | $0.78 | $0.65 | −$1.28 | $0.90 | $0.81 |
| Weighted average shares, basic | 20 | 20 | 20 | 20 | 20 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Weighted average shares, diluted | 20 | 20 | 20 | 20 | 20 | 25 | 26 | 26 | 26 | 25 | 25 | 25 |
| EBITDA | 12 | −17 | 11 | 10 | 9 | 8 | 21 | 30 | 27 | −39 | 36 | 26 |
| Depreciation & amortization | 0 | 0 | 2 | 2 | 2 | 8 | 4 | 4 | 5 | 5 | 6 | 0 |
| EBIT | 12 | −18 | 9 | 8 | 7 | 0 | 18 | 26 | 22 | −43 | 30 | 26 |