What does wealth management — interest income expense net mean?

Represents the net interest result derived from the wealth management segment's operations, reflecting the difference between interest earned on assets and interest paid on liabilities. In a fee-based wealth management context, this is typically negligible or zero as the segment focuses on service-based revenue rather than spread-based banking activities.

Alerus Financial Corporation (ALRS) Wealth Management — Interest Income Expense Net

Screener

Other segment segments

Retirement And Benefit Services

$0—

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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:InterestIncomeExpenseNet.

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
Net interest income (loss)	$45,545	—	—	$(633)	$44,912
Provision for credit losses	(4,883)	—	—	—	(4,883)
Noninterest income (loss)	6,348	17,406	7,237	(144)	30,847
Noninterest expense
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)

Item 1 - Consolidated Financial Statements

FAQ

What is Alerus Financial Corporation's wealth management — interest income expense net?: Alerus Financial Corporation (ALRS) reported wealth management — interest income expense net of $0 in Q1 2026.
What does wealth management — interest income expense net mean?: Represents the net interest result derived from the wealth management segment's operations, reflecting the difference between interest earned on assets and interest paid on liabilities. In a fee-based wealth management context, this is typically negligible or zero as the segment focuses on service-based revenue rather than spread-based banking activities.