TTM
$27.10M
YoY change
-1.9%
5Y CAGR
-17.2%
Peak year (2021)
$52.68M
Cumulative net income
$399.19M
Net Income history chart for Alerus Financial (ALRS) from 2008 to 2025
Latest: $17.44M
Net Income growth chart for Alerus Financial (ALRS) from 2008 to 2025
Latest: -1.9%
Net Income history table for Alerus Financial (ALRS) from 2008 to 2025
| 2025 | $17.44M | -1.9% | −$341.00K | ||
| 2024 | $17.78M | +52.0% | +$6.08M | ||
| 2023 | $11.70M | -70.8% | −$28.31M | ||
| 2022 | $40.01M | -24.1% | −$12.68M | ||
| 2021 | $52.68M | +17.9% | +$8.01M | ||
| 2020 | $44.67M | +51.2% | +$15.13M | ||
| 2019 | $29.54M | +14.2% | +$3.67M | ||
| 2018 | $25.87M | +72.4% | +$10.87M | ||
| 2017 | $15.00M | +6.9% | +$965.00K | ||
| 2016 | $14.04M | -18.0% | −$3.07M | ||
| 2015 | $17.11M | -17.6% | −$3.66M | ||
| 2014 | $20.77M | +2.5% | +$500.00K | ||
| 2013 | $20.27M | +24.7% | +$4.01M | ||
| 2012 | $16.26M | +51.8% | +$5.55M | ||
| 2011 | $10.71M | +82.3% | +$4.84M | ||
| 2010 | $5.87M | -20.3% | −$1.50M | ||
| 2009 | $7.37M | -19.5% | −$1.78M | ||
| 2008 | $9.15M | — | — |
- 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 (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Income at Alerus Financial (ALRS)
According to Alerus Financial's latest reported financial statements, the company's current net income (TTM) is $27.10M. 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 .
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.
Alerus Financial Net Income by Year
Alerus Financial Net Income 2025: $17.44M
In 2025, Alerus Financial reported net income of $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
2023's net income for Alerus Financial came in at $11.70M, plunged 70.8% below 2022.
Alerus Financial Net Income 2022: $40.01M
Alerus Financial posted net income of $40.01M in 2022, 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 by Net Income
Financial Services peers of Alerus Financial (ALRS), ranked by their latest net income
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