Alerus (ALRS) Reports Q3 Earnings: What Key Metrics Have to Say

Alerus (ALRS) reported Q3 2026 revenue of $81.84 million, up 11.8% year-over-year and beating consensus estimates by 6.71%. EPS of $0.71 exceeded expectations of $0.67. The company outperformed on multiple key metrics including net interest margin, efficiency ratio, and noninterest income. The stock holds a Zacks Rank #3 (Hold) rating.