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Alerus Financial Corporation ALRS Banking — Noninterest Expense
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Where this comes from
Reported directly by Alerus Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:NoninterestExpense.
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) | Banking | Retirement and / Benefit Services | Wealth Advisory / Services | Corporate / Administration | Consolidated |
|---|---|---|---|---|---|
| Compensation | 11,711 | 7,716 | 3,031 | 1,629 | 24,087 |
| Employee taxes and benefits | 3,127 | 2,138 | 746 | 629 | 6,640 |
| Business services, software and technology expense | 2,737 | 1,867 | 1,097 | 138 | 5,839 |
| Merger and acquisition expense | — | — | — | (34) | (34) |
| Other noninterest expense | 9,818 | 2,888 | 853 | 301 | 13,860 |
| Total noninterest expense | 27,393 | 14,609 | 5,727 | 2,663 | 50,392 |
| 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 — noninterest expense?
- Alerus Financial Corporation (ALRS) reported banking — noninterest expense of $27.39M in Q1 2026.
- How has Alerus Financial Corporation's banking — noninterest expense changed year-over-year?
- Alerus Financial Corporation's banking — noninterest expense decreased by 6.2% year-over-year, from $29.21M to $27.39M.
- What is the long-term trend for Alerus Financial Corporation's banking — noninterest expense?
- Over 4 years (2021 to 2025), Alerus Financial Corporation's banking — noninterest expense has grown at a 21.0% compound annual growth rate (CAGR), from $53.12M to $113.92M.
- What does banking — noninterest expense mean?
- The total sum of all operating costs incurred by the banking segment, excluding interest expense. This is a primary measure of the segment's cost structure and operational discipline. Investors use this to evaluate the efficiency of the segment in managing its overhead relative to its revenue-generating activities.
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