NASDAQ$ALRS
Alerus Financial Corporation · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Alerus Financial Corporation reported strong Q4 2021 earnings, driven by its diversified business model and strategic focus.
Alerus Financial Corporation reported a net income of $12.7 million for Q4 2021, or $0.72 per diluted common share. The company's performance was supported by its business model, strategy, and culture, with team members executing at exceptional levels. The overall quality of the credit portfolio remained strong, leading to a $1.5 million reversal of provision expense.
- Alerus reported Q4 2021 net income of $12.7 million, or $0.72 per diluted common share.
- The company achieved record annual net income of $52.7 million.
- Alerus' credit portfolio remained strong, leading to a $1.5 million reversal of provision expense.
- The company announced the proposed acquisition of MPB BHC, Inc. and it’s wholly-owned banking subsidiary, Metro Phoenix Bank.
Headline financials
Revenue & EPS history
Alerus · Revenue · Quarterly
$56.5M
Revenue by segment
Alerus · $33.7M total across 5 segments · Q4 2021
- Retirement services$18.6M+16.5%55.0%
- Mortgage banking$7.97M-52.5%23.6%
- Wealth management$5.63M+17.2%16.7%
- Other$1.2M+42.9%3.5%
- Service charges$370K+10.8%1.1%
Forward guidance
Alerus did not provide specific forward guidance in its earnings report.
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 Q4 2021
+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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro