Income Statement - ALERUS FINANCIAL CORP (ALRS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 327.86 | 338.29 | 243.26 | 224.58 | 235.79 | 239.77 | 204.64 | 188.30 | 176.45 | 172.59 | 140.19 | 125.82 | 124.23 | 127.38 | 97.34 | 88.30 | 75.44 | 79.03 | 78.40 | 69.91 |
| Cost of revenue | 107.69 | 132.68 | 79.10 | 15.85 | 2.06 | 23.16 | 26.06 | 21.09 | 11.25 | 10.06 | 7.66 | 2.92 | 4.91 | 5.42 | 11.24 | 17.61 | 75.44 | 79.03 | 21.72 | 24.92 |
| Gross profit | 220.16 | 205.61 | 164.16 | 208.77 | 233.74 | 216.61 | 178.58 | 167.21 | 165.20 | 162.53 | 132.53 | 122.90 | 119.32 | 127.38 | 97.34 | 88.30 | 57.06 | 61.98 | 56.68 | 44.99 |
| Total operating expenses | 197.57 | 182.45 | 148.31 | 156.55 | 164.66 | 158.09 | 139.68 | 134.17 | 132.69 | 141.35 | 108.74 | 93.13 | 87.37 | -97.08 | -74.34 | -68.68 | 15.99 | 13.18 | ||
| Operating income | 22.59 | 23.16 | 15.85 | 52.18 | 69.08 | 58.52 | 38.90 | 33.04 | 32.52 | 21.18 | 23.79 | 29.77 | 31.95 | 30.30 | 23.01 | 19.62 | 4.12 | 13.95 | 27.04 | 19.11 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -4.59 | -6.82 | -10.79 | 7.02 | 0.00 | -10.90 | -8.29 |
| Income before tax | 22.59 | 23.16 | 15.85 | 52.18 | 69.08 | 58.52 | 38.90 | 33.04 | 32.52 | 21.18 | 23.79 | 29.77 | 31.95 | 25.71 | 16.19 | 8.83 | 11.14 | 13.95 | 16.14 | 10.81 |
| Income tax expense | 5.15 | 5.38 | 4.16 | 12.18 | 16.40 | 13.84 | 9.36 | 7.17 | 17.49 | 7.14 | 6.68 | 9.00 | 11.68 | 9.46 | 5.48 | 2.96 | 3.77 | 4.80 | 5.78 | 3.68 |
| Net income | 17.44 | 17.78 | 11.70 | 40.01 | 52.68 | 44.68 | 29.54 | 25.87 | 15.00 | 14.04 | 17.11 | 20.77 | 20.27 | 16.26 | 10.71 | 5.87 | 7.37 | 9.15 | 10.36 | 7.13 |
Show Quarterly Income Statement
Income Statement - ALERUS FINANCIAL CORP (ALRS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 97.82 | 32.28 | 99.05 | 101.25 | 95.28 | 96.67 | 79.89 | 79.93 | 73.92 | 44.98 | 69.76 | 65.90 | 62.57 | 60.72 | 58.88 | 53.17 | 51.85 | 57.44 | 57.36 | 58.13 | 62.87 | 62.32 | 68.11 | 60.40 | 49.15 | 51.56 | 52.45 | 52.69 | 47.94 | 48.82 | 48.02 | 47.91 | 44.24 | 45.49 | 45.52 | 44.97 | 40.89 | 42.51 | 39.73 | 40.80 | 38.00 | 34.30 | 35.64 | 37.09 | 33.17 | 33.01 | 34.78 | 31.34 | 28.20 | 31.57 | 31.59 | 31.83 | 31.76 | 39.09 | 31.63 | ||||||||||||||||||||||||||
| Cost of revenue | 17.18 | 24.91 | 27.51 | 27.39 | 27.89 | 41.02 | 31.33 | 33.51 | 26.82 | 24.65 | 21.64 | 18.11 | 14.70 | 8.85 | 3.96 | 1.65 | 1.39 | -0.08 | -0.59 | 1.44 | 1.28 | 3.45 | 6.02 | 6.92 | 6.77 | 6.23 | 6.44 | 6.98 | 6.41 | 5.51 | 4.80 | 6.94 | 3.85 | 3.46 | 3.54 | 2.51 | 1.74 | 1.58 | 2.70 | 2.68 | 2.89 | 3.15 | 1.53 | 1.51 | 1.48 | 0.42 | 0.86 | 0.80 | 0.83 | 1.89 | 0.89 | 1.16 | 0.97 | 1.01 | 1.10 | 1.39 | 1.92 | 2.53 | 3.26 | 2.44 | 3.01 | 3.88 | 3.86 | 4.08 | 5.78 | 5.52 | 5.06 | 3.68 | 4.13 | 3.95 | 4.36 | 4.14 | 4.59 | 5.13 | 5.57 | 5.52 | 5.51 | 10.21 | 5.56 | 4.88 | 4.26 |
| Gross profit | 80.64 | 7.38 | 71.54 | 73.86 | 67.39 | 55.66 | 48.56 | 46.42 | 47.10 | 20.33 | 48.11 | 47.80 | 47.86 | 51.88 | 54.92 | 51.52 | 50.46 | 57.52 | 57.94 | 56.69 | 61.59 | 58.88 | 62.09 | 53.48 | 42.39 | 45.33 | 46.01 | 45.71 | 41.53 | 43.31 | 43.22 | 40.97 | 40.39 | 42.03 | 41.98 | 42.46 | 39.15 | 40.93 | 37.03 | 38.12 | 35.11 | 31.15 | 34.12 | 35.58 | 31.69 | 32.59 | 33.92 | 31.34 | 28.20 | 29.69 | 31.59 | 31.83 | 31.76 | 39.09 | 31.63 | ||||||||||||||||||||||||||
| Total operating expenses | 50.39 | 50.73 | 49.52 | 47.50 | 49.83 | 55.95 | 41.76 | 38.29 | 38.58 | 38.15 | 36.57 | 36.16 | 37.37 | 37.34 | 42.36 | 39.50 | 37.39 | 40.79 | 40.81 | 41.35 | 41.71 | 45.55 | 38.78 | 38.39 | 35.59 | 35.55 | 36.58 | 34.49 | 33.07 | 35.36 | 33.90 | 33.81 | 31.80 | 32.92 | 34.68 | 33.13 | 31.97 | 32.71 | 33.24 | 33.67 | 30.41 | 27.27 | 28.98 | 27.07 | 25.41 | 26.18 | 23.90 | 24.50 | 21.72 | 23.70 | 23.59 | 22.51 | 23.12 | 31.28 | 24.27 | ||||||||||||||||||||||||||
| Operating income | 30.25 | -43.35 | 22.03 | 26.36 | 17.56 | -0.29 | 6.80 | 8.13 | 8.52 | -17.82 | 11.54 | 11.64 | 10.49 | 14.53 | 12.56 | 12.02 | 13.07 | 16.73 | 17.13 | 15.34 | 19.88 | 13.32 | 23.31 | 15.09 | 6.80 | 9.78 | 9.44 | 11.22 | 8.46 | 7.95 | 9.32 | 7.17 | 8.60 | 9.12 | 7.30 | 9.33 | 7.18 | 8.23 | 3.79 | 4.45 | 4.70 | 3.88 | 5.13 | 8.51 | 6.28 | 6.42 | 10.02 | 14.39 | 11.79 | 5.99 | 13.45 | 9.32 | 8.65 | 7.82 | 7.37 | 13.73 | 10.94 | 42.93 | 31.95 | 20.11 | 27.13 | 27.04 | 19.11 | ||||||||||||||||||
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -7.54 | -5.31 | 0.00 | -5.44 | 0.00 | 0.00 | 0.00 | 0.00 | -5.57 | -5.97 | -26.74 | 0.00 | 0.00 | 0.00 | -23.12 | 0.00 | 0.00 | 0.00 | -8.97 | 0.00 | 0.00 | 0.00 | -13.18 | 0.00 | 0.00 | 0.00 | -10.90 | 0.00 | 0.00 | 0.00 | -8.29 | 0.00 | 0.00 | 0.00 |
| Income before tax | 30.25 | -43.35 | 22.03 | 26.36 | 17.56 | -0.29 | 6.80 | 8.13 | 8.52 | -17.82 | 11.54 | 11.64 | 10.49 | 14.53 | 12.56 | 12.02 | 13.07 | 16.73 | 17.13 | 15.34 | 19.88 | 13.32 | 23.31 | 15.09 | 6.80 | 9.78 | 9.44 | 11.22 | 8.46 | 7.95 | 9.32 | 7.17 | 8.60 | 9.12 | 7.30 | 9.33 | 7.18 | 8.23 | 3.79 | 4.45 | 4.70 | 3.88 | 5.13 | 8.51 | 6.28 | 6.42 | 10.02 | 6.85 | 6.48 | 5.99 | 8.00 | 9.32 | 8.65 | 7.82 | 7.37 | 8.17 | 4.97 | 16.19 | 8.83 | 11.14 | 13.95 | 16.14 | 10.81 | ||||||||||||||||||
| Income tax expense | 7.28 | -10.30 | 5.10 | 6.10 | 4.25 | -0.23 | 1.59 | 1.92 | 2.09 | -3.06 | 2.38 | 2.54 | 2.31 | 3.62 | 2.94 | 2.73 | 2.89 | 4.03 | 4.06 | 3.64 | 4.66 | 3.14 | 5.65 | 3.61 | 1.44 | 2.13 | 2.33 | 2.87 | 2.02 | 1.92 | 1.95 | 1.57 | 1.73 | 8.14 | 2.36 | 4.76 | 2.22 | 2.60 | 1.24 | 1.51 | 1.50 | 1.14 | 0.81 | 3.10 | 2.24 | 0.87 | 3.85 | 2.41 | 2.41 | 2.05 | 2.81 | 3.61 | 3.21 | 3.06 | 2.63 | 2.99 | 1.77 | 1.26 | 1.63 | 1.70 | 0.88 | 0.30 | 1.28 | 1.18 | 0.20 | 2.25 | 0.38 | 0.72 | 0.42 | 1.32 | 0.69 | 1.20 | 1.59 | 1.67 | 1.69 | 1.27 | 1.14 | 0.13 | 1.10 | 1.28 | 1.18 |
| Net income | 22.97 | -33.05 | 16.92 | 20.25 | 13.32 | -0.07 | 5.21 | 6.21 | 6.43 | -14.76 | 9.16 | 9.10 | 8.19 | 10.91 | 9.62 | 9.29 | 10.18 | 12.71 | 13.07 | 11.69 | 15.22 | 10.18 | 17.66 | 11.47 | 5.36 | 7.65 | 7.10 | 8.35 | 6.44 | 6.03 | 7.37 | 5.60 | 6.86 | 0.98 | 4.95 | 4.57 | 4.95 | 5.63 | 2.56 | 2.94 | 3.20 | 2.74 | 4.32 | 5.41 | 4.03 | 5.55 | 6.16 | 4.39 | 4.02 | 3.93 | 5.19 | 5.71 | 5.44 | 4.42 | 4.74 | 5.17 | 3.20 | 3.15 | 2.97 | 2.99 | 1.60 | 0.80 | 2.30 | 2.20 | 0.58 | 4.09 | 0.90 | 1.45 | 0.93 | 2.27 | 1.19 | 2.79 | 2.90 | 2.75 | 3.07 | 2.38 | 2.16 | 2.29 | 2.50 | 2.85 |