Net Income for Alerus Financial (ALRS)
According to Alerus Financial's latest reported financial statements, the company's current net income (TTM) is $17.44M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
ALRS
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$17.44M
YoY change
-1.9%
5Y CAGR
-17.2%
Peak year (2021)
$52.68M
Cumulative net income
$376.22M
Net Income history chart for Alerus Financial (ALRS) from 2008 to 2025
Net Income history table for Alerus Financial (ALRS) from 2008 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $17.44M | -1.9% | ||
| 2024 | $17.78M | +52.0% | ||
| 2023 | $11.70M | -70.8% | ||
| 2022 | $40.01M | -24.1% | ||
| 2021 | $52.68M | +17.9% | ||
| 2020 | $44.67M | +51.2% | ||
| 2019 | $29.54M | +14.2% | ||
| 2018 | $25.87M | +72.4% | ||
| 2017 | $15.00M | +6.9% | ||
| 2016 | $14.04M | -18.0% | ||
| 2015 | $17.11M | -17.6% | ||
| 2014 | $20.77M | +2.5% | ||
| 2013 | $20.27M | +24.7% | ||
| 2012 | $16.26M | +51.8% | ||
| 2011 | $10.71M | +82.3% | ||
| 2010 | $5.87M | -20.3% | ||
| 2009 | $7.37M | -19.5% | ||
| 2008 | $9.15M | — |
Net Income values are taken from Alerus Financial's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual net income for Alerus Financial (ALRS) came in at $17.44M – edged down 1.9% year-over-year.
Alerus Financial net income has contracted on net over the period, with a -17.2% compound annual growth rate over 2020–2025 (5 years).
Alerus Financial net income peaked at $52.68M in 2021; the latest annual figure is $17.44M in 2025 (66.9% below peak).
The highest annual net income of $52.68M was reported in 2021. The lowest in the available history was $5.87M in 2010.
Within Financial Services, Alerus Financial (ALRS) ranks 9th among 8 peers we track. The peer median for net income is $20.70B.
Alerus Financial Net Income by Year
Alerus Financial Net Income 2025: $17.44M
Alerus Financial net income in 2025 was $17.44M, edged down 1.9% below 2024.
Alerus Financial Net Income 2024: $17.78M
Alerus Financial net income in 2024 was $17.78M, surged 52.0% from 2023.
Alerus Financial Net Income 2023: $11.70M
Alerus Financial net income in 2023 was $11.70M, plunged 70.8% below 2022.
Alerus Financial Net Income 2022: $40.01M
Alerus Financial net income in 2022 was $40.01M, declined 24.1% below 2021.
Alerus Financial Net Income 2021: $52.68M
Alerus Financial net income in 2021 was $52.68M.
See more financial history for Alerus Financial (ALRS).
Sector peers — Net Income
Companies in the same sector as Alerus Financial, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $66.97B | Financial Services |
| JPMorgan Chase & Co. (JPM) | $57.05B | Financial Services |
| Bank of America Corporation (BAC) | $30.51B | Financial Services |
| Wells Fargo & Company (WFC) | $21.34B | Financial Services |
| Visa Inc. (V) | $20.06B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $17.18B | Financial Services |
| Morgan Stanley (MS) | $16.86B | Financial Services |
| Mastercard Incorporated (MA) | $14.97B | Financial Services |
Frequently asked questions
What is Alerus Financial's net income?
Latest reported net income for Alerus Financial (ALRS) is $17.44M (period ending December 31, 2025).
How has Alerus Financial net income changed year-over-year?
Alerus Financial (ALRS) net income changed -1.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Alerus Financial net income?
Alerus Financial (ALRS) net income compound annual growth rate is -17.2% over the most recent 5 years available.
When did Alerus Financial net income hit its highest annual value?
Alerus Financial net income reached its highest annual value of $52.68M in 2021.
What was Alerus Financial net income in 2024?
Alerus Financial (ALRS) net income in 2024 was $17.78M.
What was Alerus Financial net income in 2025?
Alerus Financial (ALRS) net income in 2025 was $17.44M.
Metrics overview
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