ALRS (Alerus Financial) Tax Rate %: 24.06% (As of Mar. 2026)

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ALRS Alerus Financial Corp ALRS
54 GF Score
Price $33.27
GF Value $21.86
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Alerus Financial Tax Rate %?

Alerus Financial ALRS -0.86% 54 Tax Rate % is 24.06% as of Mar. 2026. GuruFocus rates ALRS with a GF Score™ of 54/100 and a GF Value™ of $21.86 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Alerus Financial's Tax Expense for the three months ended in Mar. 2026 was $7.3 Mil. Alerus Financial's Pre-Tax Income for the three months ended in Mar. 2026 was $30.3 Mil. Therefore, Alerus Financial's Tax Rate % for the quarter that ended in Mar. 2026 was 24.06%.

Alerus Financial Tax Rate % Related Terms

Alerus Financial Tax Rate % Historical Data

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The historical data trend for Alerus Financial's Tax Rate % 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.

Alerus Financial Tax Rate % Chart

Alerus Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.74 23.34 26.23 23.23 22.81

Alerus Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.16 23.16 23.76 24.06 23.51
ALRS
54GF Score
Alerus Financial Corp ALRS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alerus Financial Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Alerus Financial's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=5.153/22.592
=22.81 %

Alerus Financial's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=7.279/30.25
=24.06 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 24.06% mean?
Alerus Financial (ALRS) has a Tax Rate % of 24.06% as of Mar. 2026.
Is Alerus Financial's Tax Rate % too high?
Alerus Financial's current Tax Rate % is 24.06%. 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 Tax Rate % compare to PGC and HTB?
Alerus Financial's Tax Rate % of 24.06% 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 Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Alerus Financial's current Tax Rate % is 24.06%. 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 Tax Rate % is 24.06%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Alerus Financial (ALRS), the current Tax Rate % is 24.06% 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:

  • Tax Rate %: 24.06%
  • GF Value™: $21.86 vs. price of $33.27 (52.2% above fair value)
  • GF Score™: 54/100 with 7 warning signs

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 Business Description

Other Exchanges 5QD:Germany
Address 401 Demers Avenue, Grand Forks, ND, USA, 58201
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

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.27
Price
$21.86
GF Value