Alerus Financial Corporation

ALRS · NASDAQ
Analyze with AI
9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$99,049$101,247$95,277$96,670
% Growth-2.2%6.3%-1.4%
Cost of Goods Sold$27,508$27,392$27,887$41,015
Gross Profit$71,541$73,855$67,390$55,655
% Margin72.2%72.9%70.7%57.6%
R&D Expenses$0$0$0$0
G&A Expenses$24,984$26,682$22,961$26,656
SG&A Expenses$26,053$27,469$23,926$27,705
Sales & Mktg Exp.$1,069$787$965$1,049
Other Operating Expenses$23,463$20,029$25,903$28,241
Operating Expenses$49,516$47,498$49,829$55,946
Operating Income$22,025$26,357$17,561-$292
% Margin22.2%26%18.4%-0.3%
Other Income/Exp. Net$0$0$0$1
Pre-Tax Income$22,025$26,357$17,561-$291
Tax Expense$5,101$6,104$4,246-$225
Net Income$16,924$20,252$13,315-$66
% Margin17.1%20%14%-0.1%
EPS0.660.790.52-0.045
% Growth-16.5%51.9%1,250.4%
EPS Diluted0.650.780.52-0.005
Weighted Avg Shares Out25,39525,35925,35924,857
Weighted Avg Shares Out Dil25,71325,65325,65325,144
Supplemental Information
Interest Income$70,644$70,424$68,181$67,308
Interest Expense$27,508$27,392$27,024$29,024
Depreciation & Amortization$5,168$3,773$3,818$8,364
EBITDA$27,193$30,130$21,379$8,073
% Margin27.5%29.8%22.4%8.4%