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Alerus Financial Corporation ALRS Retirement And Benefit Services — Other Noninterest Expense

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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+43.8%
Enterprise value$942.16M+29.2%
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:OtherNoninterestExpense.

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 — other noninterest expense?
Alerus Financial Corporation (ALRS) reported retirement and benefit services — other noninterest expense of $2.89M in Q1 2026.
How has Alerus Financial Corporation's retirement and benefit services — other noninterest expense changed year-over-year?
Alerus Financial Corporation's retirement and benefit services — other noninterest expense increased by 37.8% year-over-year, from $2.1M to $2.89M.
What is the long-term trend for Alerus Financial Corporation's retirement and benefit services — other noninterest expense?
Over 3 years (2022 to 2025), Alerus Financial Corporation's retirement and benefit services — other noninterest expense has grown at a -11.4% compound annual growth rate (CAGR), from $13.19M to $9.16M.
What does retirement and benefit services — other noninterest expense mean?
Miscellaneous operating costs not categorized under compensation, technology, or acquisition expenses for the retirement and benefit services segment. This includes general administrative overhead, occupancy costs, and professional services. Monitoring this helps identify potential cost creep or inefficiencies in the segment's support functions.