Skip to content
OpenCapital
Get started

Alerus Financial Corporation ALRS Business Services Software And Technology Expense

Discontinued — last reported Q2 '24

Segments

By segment

See full
Retirement And Benefit Services$1.87M-6.4%
Wealth Management$1.1M+77.5%

Other financials

Income statement

See full
Revenue$51.4M+7.0%
Net income$23.0M+72.5%
EPS (diluted)$0.31-31.1%

Balance sheet

See full
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

See full
Operating cash flow$27.8M+261%
CapEx$2.0M-1.3%
Free cash flow$25.8M+356%

Valuation

See full
Market cap$769.69M+43.8%
Enterprise value$942.67M+29.2%
P/E10.5×—
P/S4.5×+1.1×

Profitability

See full
Net margin18.8%-0.6pp
FCF margin4.4%-41.9pp

Returns & leverage

See full
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 alrs:BusinessServicesSoftwareAndTechnologyExpense.

The official record: Alerus Financial Corporation’s 10-Q, filed August 8, 2024, on SEC EDGAR. View the filing →

Ask your AI about Alerus Financial Corporation's business services software and technology expense.

Connect your AI assistant and break it down by segment, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Alerus Financial Corporation's business services software and technology expense?
Alerus Financial Corporation (ALRS) reported business services software and technology expense of $4.6M in Q2 2024.
How has Alerus Financial Corporation's business services software and technology expense changed year-over-year?
Alerus Financial Corporation's business services software and technology expense decreased by 12.7% year-over-year, from $5.27M to $4.6M.
What is the long-term trend for Alerus Financial Corporation's business services software and technology expense?
Over 2 years (2021 to 2023), Alerus Financial Corporation's business services software and technology expense has grown at a 1.4% compound annual growth rate (CAGR), from $20.49M to $21.05M.