Alerus (ALRS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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Alerus (ALRS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2026, Alerus (ALRS) reported revenue of $76.38 million, up 10.7% over the same period last year. EPS came in at $0.89, compared to $0.56 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $73.57 million, representing a surprise of +3.82%. The company delivered an EPS surprise of +53.45%, with the consensus EPS estimate being $0.58.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Alerus performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net charge-offs/(recoveries) to average loans: 0.7% compared to the 0.1% average estimate based on two analysts. Efficiency ratio: 63.4% versus the two-analyst average estimate of 70.5%. Net interest margin, tax-equivalent: 3.8% compared to the 3.5% average estimate based on two analysts. Average Balance - Total interest earning assets: $4.9 billion compared to the $4.96 billion average estimate based on two analysts. Tax-equivalent net interest income: $45.53 million versus the two-analyst average estimate of $43.45 million. Total Noninterest income: $30.85 million versus the two-analyst average estimate of $30.13 million. Mortgage banking: $3.54 million compared to the $2.48 million average estimate based on two analysts. Service charges on deposit accounts: $0.93 million versus the two-analyst average estimate of $0.72 million. Other: $1.74 million versus the two-analyst average estimate of $3.22 million.

View all Key Company Metrics for Alerus here>>>

Shares of Alerus have returned +9.8% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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