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Alerus Financial Corporation ALRS Retirement And Benefit Services — Goodwill

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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 retirement and benefit services — goodwill?
Alerus Financial Corporation (ALRS) reported retirement and benefit services — goodwill of $11.52M in Q1 2026.
How has Alerus Financial Corporation's retirement and benefit services — goodwill changed year-over-year?
Alerus Financial Corporation's retirement and benefit services — goodwill decreased by 0.0% year-over-year, from $11.52M to $11.52M.
What is the long-term trend for Alerus Financial Corporation's retirement and benefit services — goodwill?
Over 4 years (2021 to 2025), Alerus Financial Corporation's retirement and benefit services — goodwill has grown at a 2.6% compound annual growth rate (CAGR), from $41.57M to $46.09M.
What does retirement and benefit services — goodwill mean?
Represents the intangible asset value arising from the acquisition of retirement and benefit service businesses. It reflects the premium paid over the fair value of net identifiable assets, capturing brand reputation and customer relationships. Monitoring this helps assess the long-term value and potential impairment risks associated with the segment's growth strategy.