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Alerus Financial Corporation ALRS Retirement And Benefit Services — 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 retirement and benefit services — total assets?
Alerus Financial Corporation (ALRS) reported retirement and benefit services — total assets of $30.83M in Q1 2026.
How has Alerus Financial Corporation's retirement and benefit services — total assets changed year-over-year?
Alerus Financial Corporation's retirement and benefit services — total assets decreased by 1.5% year-over-year, from $31.3M to $30.83M.
What is the long-term trend for Alerus Financial Corporation's retirement and benefit services — total assets?
Over 2 years (2023 to 2025), Alerus Financial Corporation's retirement and benefit services — total assets has grown at a -8.0% compound annual growth rate (CAGR), from $146M to $123.48M.
What does retirement and benefit services — total assets mean?
This metric represents the total economic resources controlled by the Retirement and Benefit Services segment that are expected to provide future financial benefits. It reflects the scale of the segment's operations and the capital intensity required to support its service offerings. Monitoring this helps investors assess the segment's asset utilization and its relative size within the broader corporate structure.

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