NASDAQ$ALRS

Alerus Financial Corporation · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Alerus Financial reported Q1 2025 revenue of $68.8M, net income of $13.3M, diluted EPS of $0.52.

For Q1 2025, Alerus Financial reported Revenue was $68.8M, net income was $13.3M, diluted EPS was $0.52. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $68.8M for Q1 2025.
  • Net income $13.3M.
  • Diluted EPS $0.52.

Headline financials

Total Revenue

$68.8M

Previous: $47.5M+44.7%
EPS (adj)

$0.52

Previous: $0.32+62.5%
ROAA

1.0%

Previous: 0.6%+61.9%
Adj. ROAA

1.1%

Previous: 0.7%+69.2%
ROATCE

16.5%

Previous: 9.8%+68.7%
Adj. ROATCE

17.6%

Previous: 10.1%+74.4%
Noninterest inc % of rev

40.2%

Previous: 53.3%-24.6%
Adj. Efficiency ratio

66.9%

Previous: 78.2%-14.5%
Efficiency ratio

68.8%

Previous: 78.9%-12.8%
Net charge-offs to loans

0.0%

Previous: 0.0%+300.0%
Dividend payout ratio

38.5%

Previous: 59.4%-35.2%
Tangible BV/share

$15.27

Previous: $15.63-2.3%
PPNR

$18.4M

Previous: $8.52M+116.2%
Adj. PPNR

$19.7M

Previous: $8.83M+123.6%
NPL to total loans

1.2%

Previous: 0.3%+376.9%
NPA to total assets

1.0%

Previous: 0.2%+464.7%
ACL to total loans

1.5%

Previous: 1.3%+16.0%
ACL to NPL

123.0%

Previous: 498.0%-75.3%
CET1 ratio

10.1%

Previous: 11.9%-14.8%
Tier 1 capital ratio

10.3%

Previous: 12.1%-15.0%
Total capital ratio

12.7%

Previous: 14.8%-14.3%
Tier 1 / avg. assets

8.9%

Previous: 9.9%-10.4%
TCE / tangible assets

7.4%

Previous: 7.2%+2.8%
Capital Expenditures

-$2.05M

Previous: -$881K-133.1%
Net Income

$13.3M

Previous: $6.43M+107.0%
Operating Income

$17.6M

Previous: $16.1M+9.3%

Revenue & EPS history

Alerus · Revenue · Quarterly

$68.8M

Q1 2025+44.7%vs Q1 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Alerus · $28.4M total across 5 segments · Q3 2023

  • Retirement services
    $18.6M+12.1%
  • Wealth management
    $5.27M+8.6%
  • Mortgage banking
    $2.51M-33.6%
  • Other
    $1.69M+20.8%
  • Service charges
    $328K-13.0%

Forward guidance

Regional bank outlook depends on net interest margin, credit quality, and deposit costs.

Tailwinds

  • Net interest income benefits when deposit costs stabilize.
  • Diversified fee businesses support noninterest income.

Headwinds

  • Credit provisions may rise if macro weakens.
  • Competition for deposits can compress margins.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.5%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+3.5%

Avg return

30 days after

52%

28 / 54 earnings

Positive

+13.3%

Q1 2025

Best reaction

-14.6%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%+5.2%+11.0%
Q4 2025+2.5%+7.5%+0.2%
Q3 2025+0.2%+0.4%+1.6%
Q1 2025+13.3%+16.2%+18.7%
Q4 2024+3.8%+5.6%+0.9%
Q3 2024-14.6%-15.8%-8.4%
Q2 2024-1.2%-0.3%+0.9%
Q1 2024-2.1%-4.5%-6.9%
Q4 2023+6.2%+10.8%+0.3%
Q3 2023+1.4%-1.7%+6.3%
Q2 2023+1.9%+2.9%-3.0%
Q1 2023+0.3%-2.6%+13.7%
Q4 2022-12.0%-12.8%-12.6%
Q3 2022-2.2%+0.0%+5.2%
Q2 2022+4.3%+10.1%+6.3%
Q1 2022+6.0%+0.4%+3.0%
Q4 2021+0.0%-0.1%+2.3%
Q3 2021+3.3%+3.4%-2.2%
Q2 2021+0.8%-1.1%+7.7%
Q1 2021-1.5%-0.0%+11.0%
Q4 2020-5.7%-6.2%+0.0%
Q3 2020+0.3%+0.1%+14.1%
Q2 2020+3.2%+0.1%+7.7%
Q1 2019+0.7%+7.6%+22.6%
Q1 2020+6.9%+3.0%+14.6%
Q1 2018-2.6%+5.0%+3.9%
Q4 2017-2.6%+5.0%+3.9%
Q2 2019-2.6%+5.0%+3.9%
Q2 2018-2.6%+5.0%+3.9%
Q4 2019+0.0%-2.1%-3.9%
Q3 2018-0.7%-0.5%+3.5%
Q4 2018-0.7%-0.5%+3.5%
Q3 2019+0.2%+0.3%+0.7%
Q3 2017+0.0%-0.1%+0.2%
Q2 2017+0.1%+0.9%+2.2%
Q1 2017+0.2%+0.1%+2.1%
Q4 2016+2.6%+0.3%+0.0%
Q3 2016+0.5%-0.1%-2.1%
Q2 2016+0.0%+0.0%+0.1%
Q1 2016+4.3%
Q4 2015-0.8%
Q3 2015-0.8%
Q2 2015+1.1%
Q1 2015+0.1%
Q4 2014+3.8%
Q3 2014-0.5%
Q2 2014+0.0%
Q1 2014+10.8%
Q4 2013-1.5%
Q3 2013+0.0%
Q2 2013+0.0%
Q1 2013+0.0%
Q4 2012+0.0%
Q3 2012+0.0%

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