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Alerus Financial Corporation ALRS Banking — Total Assets

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Other financials

Income statement

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Revenue$51.4M+7.0%
Net income$23.0M+72.5%
EPS (diluted)$0.31-31.1%

Balance sheet

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Cash & equivalents$128.8M+55.3%
Total debt$301.8M+8.7%
Total equity$574.7M+11.8%
Total assets$5.3B-1.0%

Cash flow

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Operating cash flow$27.8M+261%
CapEx$2.0M-1.3%
Free cash flow$25.8M+356%

Valuation

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Market cap$827.53M+57.3%
Enterprise value$1B+19.6%
P/E11.3×

Profitability

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Net margin18.8%-0.6pp
FCF margin4.4%-41.9pp

Returns & leverage

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Return on equity10.8%
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Alerus Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:Assets.

The source filing: Alerus Financial Corporation’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014481
(dollars in thousands)BankingRetirement and / Benefit ServicesWealth Advisory / ServicesCorporate / AdministrationConsolidated
Compensation11,7117,7163,0311,62924,087
Employee taxes and benefits3,1272,1387466296,640
Business services, software and technology expense2,7371,8671,0971385,839
Merger and acquisition expense(34)(34)
Other noninterest expense9,8182,88885330113,860
Total noninterest expense27,39314,6095,7272,66350,392
Net income (loss) before taxes$29,383$2,797$1,510$(3,440)$30,250
Total assets$5,183,113$30,825$5,948$68,085$5,287,971

Item 1 - Consolidated Financial Statements

FAQ

What is Alerus Financial Corporation's banking — total assets?
Alerus Financial Corporation (ALRS) reported banking — total assets of $5.18B in Q1 2026.
How has Alerus Financial Corporation's banking — total assets changed year-over-year?
Alerus Financial Corporation's banking — total assets decreased by 1.4% year-over-year, from $5.26B to $5.18B.
What is the long-term trend for Alerus Financial Corporation's banking — total assets?
Over 2 years (2023 to 2025), Alerus Financial Corporation's banking — total assets has grown at a 17.1% compound annual growth rate (CAGR), from $15.22B to $20.87B.
What does banking — total assets mean?
This metric represents the total value of resources owned or controlled by the banking segment, primarily consisting of loan portfolios, cash equivalents, and investment securities. It reflects the scale of the segment's financial intermediation activities and its capacity to generate future interest-based revenue. Monitoring this balance provides insight into the segment's growth trajectory and its overall market footprint within the financial services landscape.

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