Compared to Estimates, Alerus (ALRS) Q2 Earnings: A Look at Key Metrics

Alerus (ALRS) reported $81.41 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 8%. EPS of $0.80 for the same period compares to $0.72 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $76.85 million, representing a surprise of +5.94%. The company delivered an EPS surprise of +2.56%, with the consensus EPS estimate being $0.78.

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: 0.3% versus the two-analyst average estimate of 0.1%.
• Efficiency ratio: 62.5% versus 64.8% estimated by two analysts on average.
• Net interest margin, tax-equivalent: 4% compared to the 3.7% average estimate based on two analysts.
• Average Balance - Total interest earning assets: $4.9 billion versus the two-analyst average estimate of $4.94 billion.
• Tax-equivalent net interest income: $48.47 million versus the two-analyst average estimate of $45.96 million.
• Retirement and benefit services: $17.35 million compared to the $17.65 million average estimate based on two analysts.
• Total Noninterest income: $32.95 million versus $31.41 million estimated by two analysts on average.
• Wealth management: $7.71 million versus the two-analyst average estimate of $7.21 million.
• Service charges on deposit accounts: $1.11 million versus the two-analyst average estimate of $0.95 million.
• Mortgage banking: $3.2 million versus $3.65 million estimated by two analysts on average.
• Other: $3.59 million compared to the $1.95 million average estimate based on two analysts.

View all Key Company Metrics for Alerus here>>>

Shares of Alerus have returned +6.5% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform 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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