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Alerus Financial Corporation ALRS Wealth Management — Interest Income Expense Net

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$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:InterestIncomeExpenseNet.

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 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.