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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alerus Financial's retained earnings for the quarter that ended in Mar. 2026 was $287.7 Mil.
Alerus Financial's quarterly retained earnings
declined
from Sep. 2025 ($308.5 Mil) to Dec. 2025 ($270.1 Mil) but then
increased
from Dec. 2025 ($270.1 Mil) to Mar. 2026 ($287.7 Mil).
Alerus Financial's annual retained earnings
increased
from Dec. 2023 ($272.7 Mil) to Dec. 2024 ($273.7 Mil) but then
declined
from Dec. 2024 ($273.7 Mil) to Dec. 2025 ($270.1 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Alerus Financial Retained Earnings Historical Data
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The historical data trend for Alerus Financial's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Alerus Financial (ALRS) has a Retained Earnings of $287.7 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Alerus Financial and its competitors.
Is Alerus Financial's Retained Earnings too high?
Alerus Financial's current Retained Earnings is $287.7 Mil. Overall, Alerus Financial has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alerus Financial's Retained Earnings compare to PGC and HTB?
Alerus Financial's Retained Earnings of $287.7 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Banks company?
A good Retained Earnings depends on the Banks industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Alerus Financial and its competitors. Alerus Financial's current Retained Earnings is $287.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alerus Financial stock overvalued right now?
Based on GuruFocus' analysis, Alerus Financial (ALRS) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.86, compared to a current price of $33.27 — trading 52.2% above its estimated fair value. The current Retained Earnings is $287.7 Mil. Alerus Financial's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Alerus Financial (ALRS), the current Retained Earnings is $287.7 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alerus Financial (ALRS) Overvalued in 2026?
Based on GuruFocus' analysis, Alerus Financial stock appears to be overvalued.
The current stock price of $33.27 is trading 52.2% above its estimated GF Value™ of $21.86.
GuruFocus considers Alerus Financial to be Significantly Overvalued.
Key valuation signals for ALRS:
Retained Earnings: $287.7 Mil
GF Value™: $21.86 vs. price of $33.27 (52.2% above fair value)
No single metric tells the full story. See the ALRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and others. The company provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services and wealth management services, including retirement plans, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.
54GF Score
Get the complete analysis for ALRS
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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