Alerus Financial Corp reports results for the quarter ended June 30 - Earnings Summary

Alerus Financial

30/07/2026 24:14

Alerus Financial Corp ALRS.OQ reported quarterly adjusted earnings of 81 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 78 cents.  The mean expectation of five analysts for the quarter was for earnings of 77 cents per share. Wall Street expected results to range from 67 cents to 85 cents per share.
Revenue rose 7.8% to $80.66 million from a year ago; analysts expected $76.66 million. 
Alerus Financial Corp's reported EPS for the quarter was 81 cents​.
The company reported quarterly net income of $20.87 million.
Alerus Financial Corp shares had risen by 6.5% this quarter and gained 47.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 22% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "buy."
Wall Street's median 12-month price target for Alerus Financial Corp is $32.00, about 3% below its last closing price of $32.95
This summary was machine generated from LSEG data July 29 at 11:14 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.77
0.81
Beat
Mar. 31 2026 
0.59
0.89
Beat
Dec. 31 2025 
0.17
1.38
Beat
Sep. 30 2025 
0.59
0.65
Beat