Alerus (ALRS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Alerus Financial Corporation (ALRS) Q1 2026 Earnings Call Transcript
Alerus Financial Corporation delivered a standout Q1 2026, with EPS of $0.89, beating consensus by 50.8% and surpassing Q1 2025 by 71.2%. I now rate ALRS a Buy, citing improved earnings momentum, asset quality trends, and successful balance sheet repositioning that boosted investment yields. ALRS's diversified revenue mix—banking (59.1%), retirement/benefits (22.5%), and wealth advisory (9.6%)—reduces reliance on net interest income and supports resilient growth.
The headline numbers for Alerus (ALRS) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Alerus (ALRS) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.56 per share a year ago.
Alerus (ALRS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here is how Alerus (ALRS) and BankUnited, Inc. (BKU) have performed compared to their sector so far this year.
Here is how Alerus (ALRS) and Bar Harbor Bankshares (BHB) have performed compared to their sector so far this year.
Here is how Alerus (ALRS) and Capital Southwest (CSWC) have performed compared to their sector so far this year.
Here is how Alerus (ALRS) and Manulife Financial (MFC) have performed compared to their sector so far this year.
Alerus (ALRS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Alerus (ALRS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.