The earnings call presented strong financial metrics with improvements in adjusted ROA, loan and deposit growth, and record net interest income. However, there were challenges with decreased non-interest income and tough market conditions affecting asset management. Overall, the highlights slightly outweigh the lowlights, indicating a cautiously optimistic outlook.

Company Guidance -

Q2 2025

During the Alerus Financial Corporation earnings call for the first quarter of 2025, several key metrics were discussed that highlight the company's financial performance and strategic direction. The adjusted return on assets (ROA) improved to 1.1%, a 25-basis-point increase from the previous quarter, reflecting enhanced profitability. The net interest margin also reached a new record level of 3.41%, up 21 basis points, driven by disciplined pricing and organic loan growth of 2.3% over the prior quarter. Non-performing loans decreased significantly, with a full payoff of a large non-accrual loan, and the allowance for credit losses increased to 1.52% of total loans. The company's unique business model generated strong non-interest income, accounting for 40% of total revenues, with Wealth Management revenues increasing by 13% year-over-year. The adjusted efficiency ratio improved to 66.9%, and capital levels were strengthened, with the tangible common equity ratio rising by 30 basis points to 7.43%. The guidance for 2025 includes expectations for mid-single-digit loan growth, low-single-digit deposit growth, and a net interest margin between 3.2% and 3.3%. Overall, Alerus Financial remains focused on organic growth, maintaining a well-diversified balance sheet, and enhancing shareholder value through strategic initiatives.

Improved Adjusted ROA

Adjusted ROA improved by 25 basis points to 1.1% from last quarter.

Loan and Deposit Growth

Strong quarter of loans and deposit growth, with organic loan growth at 2.3% over the prior quarter and deposits growing 2.4%.

Record Net Interest Income

Net interest income increased to a record $41.2 million, with a non-interest margin of 3.41%.

Wealth Management and Retirement Growth

Wealth Management revenues increased by 13% year-over-year, and the National Retirement and Benefits business grew organically by 3%.

Non-Performing Loans Decrease

Non-performing loans decreased with a full payoff of a large non-accrual loan.

Alerus Financial (ALRS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ALRS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 23, 2025	2025 (Q2)	0.55 / -	0.362	―	―	―
Apr 28, 2025	2025 (Q1)	0.43 / 0.56	0.245	128.57% (+0.32)
Jan 28, 2025	2024 (Q4)	0.32 / 0.44	0.375	17.33% (+0.07)
Oct 29, 2024	2024 (Q3)	0.44 / 0.36	0.45	-20.00% (-0.09)
Jul 24, 2024	2024 (Q2)	0.36 / 0.36	0.45	-19.56% (-0.09)
Apr 24, 2024	2024 (Q1)	0.32 / 0.24	0.4	-38.75% (-0.16)
Jan 24, 2024	2023 (Q4)	0.29 / 0.38	0.53	-29.25% (-0.16)
Oct 25, 2023	2023 (Q3)	0.36 / 0.45	0.47	-4.26% (-0.02)
Jul 26, 2023	2023 (Q2)	0.35 / 0.45	0.52	-13.46% (-0.07)
Apr 26, 2023	2023 (Q1)	0.37 / 0.40	0.57	-29.82% (-0.17)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ALRS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 28, 2025	$17.59	$19.93	+13.30%
Jan 28, 2025	$19.77	$20.52	+3.79%
Oct 29, 2024	$22.96	$19.78	-13.85%
Jul 24, 2024	$21.08	$21.13	+0.24%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Alerus Financial Corporation (ALRS) report earnings?

Alerus Financial Corporation (ALRS) is schdueled to report earning on Jul 23, 2025, After Close (Confirmed).

What is Alerus Financial Corporation (ALRS) earnings time?

Alerus Financial Corporation (ALRS) earnings time is at Jul 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ALRS EPS forecast?

ALRS EPS forecast for the fiscal quarter 2025 (Q2) is 0.55.

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