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

Alerus Financial

28/10/2026 22:38

Alerus Financial Corp ALRS.OQ reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 65 cents.  The mean expectation of five analysts for the quarter was for earnings of 67 cents per share. Wall Street expected results to range from 65 cents to 68 cents per share.
Revenue rose 11.7% to $81.07 million from a year ago; analysts expected $76.58 million. 
Alerus Financial Corp's reported EPS for the quarter was 76 cents​.
The company reported quarterly net income of $19.2 million.
Alerus Financial Corp shares had risen by 2.1% this quarter and gained 43.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "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 $34.00, about 5.1% above its last closing price of $32.27
This summary was machine generated from LSEG data October 28 at 10:38 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
Sep. 30 2026 
0.67
0.76
Beat
Jun. 30 2026 
0.77
0.81
Beat
Mar. 31 2026 
0.59
0.89
Beat
Dec. 31 2025 
0.17
1.38
Beat