Core Insights - Alerus reported a revenue of $75.39 million for the quarter ended June 2025, marking a year-over-year increase of 46.8% and exceeding the Zacks Consensus Estimate by 7.85% [1] - The earnings per share (EPS) for the same period was $0.72, compared to $0.31 a year ago, resulting in an EPS surprise of 28.57% over the consensus estimate of $0.56 [1] Financial Performance Metrics - Net charge-offs to average loans were reported at 0.4%, higher than the estimated 0.1% [4] - The efficiency ratio was 60.7%, significantly better than the average estimate of 70.6% [4] - The net interest margin, tax-equivalent, was 3.5%, exceeding the estimated 3.3% [4] - Average balance of total interest-earning assets was $4.99 billion, slightly below the estimated $5.02 billion [4] - Net interest income was reported at $43.03 million, surpassing the average estimate of $40.1 million [4] - Total noninterest income reached $31.76 million, exceeding the estimated $29.06 million [4] - Wealth management income was $7.36 million, above the average estimate of $6.85 million [4] - Service charges on deposit accounts were $0.68 million, below the estimated $1.16 million [4] - Mortgage banking income was $3.65 million, significantly higher than the average estimate of $2.3 million [4] - Other income was reported at $1.93 million, compared to the estimated $2.23 million [4] Stock Performance - Alerus shares have returned -1% over the past month, while the Zacks S&P 500 composite has increased by 4.9% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Insights - Alerus reported a revenue of $69 million for Q1 2025, marking a 45.1% increase year-over-year, with EPS at $0.56 compared to $0.32 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $65.45 million by 5.42%, and the EPS surpassed the consensus estimate of $0.43 by 30.23% [1] Financial Performance Metrics - Net charge-offs to average loans stood at 0%, better than the 0.1% average estimate [4] - The efficiency ratio was reported at 68.8%, significantly lower than the average estimate of 75.6% [4] - The net interest margin was 3.4%, exceeding the average estimate of 3.1% [4] - Total interest-earning assets averaged $4.95 billion, slightly above the estimated $4.88 billion [4] - Tax-equivalent net interest income was $41.68 million, compared to the estimated $37.56 million [4] - Retirement and benefit services revenue reached $16.11 million, above the average estimate of $15.90 million [4] - Total noninterest income was $27.63 million, slightly below the average estimate of $28.10 million [4] - Wealth management revenue was $6.91 million, compared to the average estimate of $6.82 million [4] - Service charges on deposit accounts were $0.65 million, below the average estimate of $1.13 million [4] - Mortgage banking revenue was $1.53 million, significantly lower than the average estimate of $2.70 million [4] - Other income was reported at $2.44 million, exceeding the average estimate of $1.55 million [4] Stock Performance - Alerus shares returned -3.2% over the past month, compared to a -4.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]