ALRS
ALRS
NASDAQ · Financial Services

Alerus Financial Corp

$23.61
-0.10 (-0.42%)
Financial Highlights (FY 2026)
Revenue
289.75M
Net Income
17.60M
Gross Margin
Profit Margin
19.0%
Rev Growth
+7.4%
D/E Ratio
0.21
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 48.4% 48.4%
Operating Margin 24.3% 21.9% 26.3% 25.8%
Profit Margin 19.0% 18.0% 20.9% 15.1%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 289.75M 269.79M 190.81M 214.18M
Gross Profit 92.26M 103.56M
Operating Income 70.47M 59.05M 50.26M 55.33M
Net Income 17.60M 14.75M 39.78M 32.25M
Gross Margin 48.4% 48.4%
Operating Margin 24.3% 21.9% 26.3% 25.8%
Profit Margin 19.0% 18.0% 20.9% 15.1%
Rev Growth +7.4% +7.4% +4.5% -2.2%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 53.00M 53.00M 90.17M 85.37M
Total Equity 253.84M 253.84M 220.33M 205.23M
D/E Ratio 0.21 0.21 0.41 0.42
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA 38.27M 33.85M 66.66M 75.79M
Free Cash Flow 46.44M 37.25M