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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$769.19M+43.7%
Enterprise value$942.16M+29.1%
P/E10.5×
P/S4.5×+1.1×

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:Goodwill.

The official record: Alerus Financial Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alerus Financial Corporation's banking — goodwill?
Alerus Financial Corporation (ALRS) reported banking — goodwill of $74.11M in Q1 2026.
How has Alerus Financial Corporation's banking — goodwill changed year-over-year?
Alerus Financial Corporation's banking — goodwill decreased by 0.0% year-over-year, from $74.11M to $74.11M.
What is the long-term trend for Alerus Financial Corporation's banking — goodwill?
Over 4 years (2021 to 2025), Alerus Financial Corporation's banking — goodwill has grown at a 38.5% compound annual growth rate (CAGR), from $80.52M to $296.44M.
What does banking — goodwill mean?
Represents the intangible asset arising from the acquisition of another business when the purchase price exceeds the fair value of net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and synergies within the banking segment. Monitoring this value is essential for assessing potential impairment risks and the long-term value of historical acquisitions.