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Side-by-side financial comparison of ALERUS FINANCIAL CORP (ALRS) and BANC OF CALIFORNIA, INC. (BANC). Click either name above to swap in a different company.
BANC OF CALIFORNIA, INC. is the larger business by last-quarter revenue ($286.9M vs $45.2M, roughly 6.4× ALERUS FINANCIAL CORP). BANC OF CALIFORNIA, INC. runs the higher net margin — 25.1% vs -73.2%, a 98.2% gap on every dollar of revenue. On growth, ALERUS FINANCIAL CORP posted the faster year-over-year revenue change (18.0% vs 7.9%). Over the past eight quarters, BANC OF CALIFORNIA, INC.'s revenue compounded faster (462.3% CAGR vs 42.6%).
Alerus Financial Corporation, marketed as simply Alerus, is a chain of financial institutions headquartered in Grand Forks, North Dakota, with locations in North Dakota, Minnesota, Wisconsin, and Arizona. Alerus offers banking, mortgage, wealth management, and retirement services.
BANC OF CALIFORNIA, INC.BANCEarnings & Financial Report
Banc of California is an American bank with 80 branches in California, as well as locations in Denver, Colorado, and Durham, North Carolina. The bank is headquartered in Los Angeles, California, with about 2,000 employees nationwide including in New York and Chicago. Banc of California offers a broad range of loan and deposit products and services, focusing on providing banking and treasury management services to small-, middle-market, and venture-backed businesses.
ALRS vs BANC — Head-to-Head
Income Statement — Q4 2025 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $45.2M | $286.9M |
| Net Profit | $-33.1M | $72.0M |
| Gross Margin | — | — |
| Operating Margin | -96.0% | — |
| Net Margin | -73.2% | 25.1% |
| Revenue YoY | 18.0% | 7.9% |
| Net Profit YoY | -49232.8% | 34.3% |
| EPS (diluted) | $-1.27 | $0.39 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $286.9M | ||
| Q4 25 | $45.2M | $9.5M | ||
| Q3 25 | $43.1M | $9.8M | ||
| Q2 25 | $43.0M | $9.3M | ||
| Q1 25 | $41.2M | $10.2M | ||
| Q4 24 | $38.3M | $9.3M | ||
| Q3 24 | $22.5M | $9.1M | ||
| Q2 24 | $24.0M | $9.1M |
| Q1 26 | — | $72.0M | ||
| Q4 25 | $-33.1M | $77.4M | ||
| Q3 25 | $16.9M | $69.6M | ||
| Q2 25 | $20.3M | $28.4M | ||
| Q1 25 | $13.3M | $53.6M | ||
| Q4 24 | $-67.0K | $56.9M | ||
| Q3 24 | $5.2M | $8.8M | ||
| Q2 24 | $6.2M | $30.3M |
| Q1 26 | — | — | ||
| Q4 25 | -96.0% | — | ||
| Q3 25 | 51.1% | — | ||
| Q2 25 | 61.2% | — | ||
| Q1 25 | 42.7% | — | ||
| Q4 24 | -0.8% | — | ||
| Q3 24 | 30.2% | — | ||
| Q2 24 | 33.9% | — |
| Q1 26 | — | 25.1% | ||
| Q4 25 | -73.2% | 812.4% | ||
| Q3 25 | 39.2% | 712.8% | ||
| Q2 25 | 47.1% | 304.9% | ||
| Q1 25 | 32.4% | 525.6% | ||
| Q4 24 | -0.2% | 611.6% | ||
| Q3 24 | 23.1% | 97.0% | ||
| Q2 24 | 25.9% | 334.2% |
| Q1 26 | — | $0.39 | ||
| Q4 25 | $-1.27 | $0.41 | ||
| Q3 25 | $0.65 | $0.38 | ||
| Q2 25 | $0.78 | $0.12 | ||
| Q1 25 | $0.52 | $0.26 | ||
| Q4 24 | $-0.06 | $0.29 | ||
| Q3 24 | $0.26 | $-0.01 | ||
| Q2 24 | $0.31 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $67.2M | $2.2B |
| Total DebtLower is stronger | $59.2M | — |
| Stockholders' EquityBook value | $564.9M | $3.6B |
| Total Assets | $5.2B | $34.7B |
| Debt / EquityLower = less leverage | 0.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.2B | ||
| Q4 25 | $67.2M | — | ||
| Q3 25 | $92.0M | — | ||
| Q2 25 | $80.9M | — | ||
| Q1 25 | $83.0M | — | ||
| Q4 24 | $61.2M | — | ||
| Q3 24 | $66.0M | — | ||
| Q2 24 | $438.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | $59.2M | $2.1B | ||
| Q3 25 | $59.2M | $2.0B | ||
| Q2 25 | $59.1M | $1.9B | ||
| Q1 25 | $59.1M | $1.7B | ||
| Q4 24 | $59.1M | $1.4B | ||
| Q3 24 | $59.0M | $1.6B | ||
| Q2 24 | $59.0M | $1.4B |
| Q1 26 | — | $3.6B | ||
| Q4 25 | $564.9M | $3.5B | ||
| Q3 25 | $550.7M | $3.5B | ||
| Q2 25 | $533.2M | $3.4B | ||
| Q1 25 | $514.2M | $3.5B | ||
| Q4 24 | $495.4M | $3.5B | ||
| Q3 24 | $386.5M | $3.5B | ||
| Q2 24 | $373.2M | $3.4B |
| Q1 26 | — | $34.7B | ||
| Q4 25 | $5.2B | $34.8B | ||
| Q3 25 | $5.3B | $34.0B | ||
| Q2 25 | $5.3B | $34.3B | ||
| Q1 25 | $5.3B | $33.8B | ||
| Q4 24 | $5.3B | $33.5B | ||
| Q3 24 | $4.4B | $33.4B | ||
| Q2 24 | $4.4B | $35.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.10× | 0.58× | ||
| Q3 25 | 0.11× | 0.58× | ||
| Q2 25 | 0.11× | 0.56× | ||
| Q1 25 | 0.11× | 0.47× | ||
| Q4 24 | 0.12× | 0.40× | ||
| Q3 24 | 0.15× | 0.46× | ||
| Q2 24 | 0.16× | 0.42× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $16.3M | — |
| Free Cash FlowOCF − Capex | $15.3M | — |
| FCF MarginFCF / Revenue | 33.9% | — |
| Capex IntensityCapex / Revenue | 2.3% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $58.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $16.3M | $102.1M | ||
| Q3 25 | $32.8M | $75.7M | ||
| Q2 25 | $10.7M | $62.7M | ||
| Q1 25 | $7.7M | $15.1M | ||
| Q4 24 | $2.3M | $79.8M | ||
| Q3 24 | $20.2M | $46.9M | ||
| Q2 24 | $-12.5M | $39.1M |
| Q1 26 | — | — | ||
| Q4 25 | $15.3M | $84.2M | ||
| Q3 25 | $30.3M | $75.5M | ||
| Q2 25 | $7.6M | $61.4M | ||
| Q1 25 | $5.7M | $13.6M | ||
| Q4 24 | $-2.7M | $75.7M | ||
| Q3 24 | $17.4M | $44.6M | ||
| Q2 24 | $-16.1M | $34.4M |
| Q1 26 | — | — | ||
| Q4 25 | 33.9% | 884.2% | ||
| Q3 25 | 70.3% | 772.9% | ||
| Q2 25 | 17.6% | 660.1% | ||
| Q1 25 | 13.8% | 133.4% | ||
| Q4 24 | -7.1% | 813.0% | ||
| Q3 24 | 77.3% | 492.2% | ||
| Q2 24 | -67.3% | 379.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 187.4% | ||
| Q3 25 | 5.7% | 1.9% | ||
| Q2 25 | 7.3% | 13.6% | ||
| Q1 25 | 5.0% | 15.0% | ||
| Q4 24 | 13.2% | 44.4% | ||
| Q3 24 | 12.3% | 25.1% | ||
| Q2 24 | 15.4% | 51.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.32× | ||
| Q3 25 | 1.94× | 1.09× | ||
| Q2 25 | 0.53× | 2.21× | ||
| Q1 25 | 0.58× | 0.28× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | 3.88× | 5.34× | ||
| Q2 24 | -2.01× | 1.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALRS
| Other | $17.3M | 38% |
| Retirement And Benefit Services | $17.3M | 38% |
| Wealth Management | $7.4M | 16% |
| Mortgage Banking | $3.2M | 7% |
BANC
Segment breakdown not available.
