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Alerus (ALRS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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Alerus (ALRS - Free Report) reported $75.39 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 46.8%. EPS of $0.72 for the same period compares to $0.31 a year ago.

The reported revenue represents a surprise of +7.85% over the Zacks Consensus Estimate of $69.9 million. With the consensus EPS estimate being $0.56, the EPS surprise was +28.57%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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: 0.4% versus 0.1% estimated by two analysts on average.
  • Efficiency ratio: 60.7% versus the two-analyst average estimate of 70.6%.
  • Net interest margin, tax-equivalent: 3.5% versus 3.3% estimated by two analysts on average.
  • Average Balance - Total interest earning assets: $4.99 billion versus $5.02 billion estimated by two analysts on average.
  • Retirement and benefit services: $16.02 million compared to the $16.52 million average estimate based on two analysts.
  • Net interest income: $43.03 million compared to the $40.1 million average estimate based on two analysts.
  • Total Noninterest income: $31.76 million versus $29.06 million estimated by two analysts on average.
  • Wealth management: $7.36 million versus the two-analyst average estimate of $6.85 million.
  • Service charges on deposit accounts: $0.68 million versus $1.16 million estimated by two analysts on average.
  • Mortgage banking: $3.65 million compared to the $2.3 million average estimate based on two analysts.
  • Other: $1.93 million compared to the $2.23 million average estimate based on two analysts.

View all Key Company Metrics for Alerus here>>>

Shares of Alerus have returned -1% over the past month versus the Zacks S&P 500 composite's +4.9% 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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