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Alerus Financial Corporation ALRS Increase Decreasein Mortgage Servicing Rights Fair Value

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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 alrs:IncreaseDecreaseinMortgageServicingRightsFairValue.

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 increase decreasein mortgage servicing rights fair value?
Alerus Financial Corporation (ALRS) reported increase decreasein mortgage servicing rights fair value of $221K in Q1 2026.
How has Alerus Financial Corporation's increase decreasein mortgage servicing rights fair value changed year-over-year?
Alerus Financial Corporation's increase decreasein mortgage servicing rights fair value increased by 135.6% year-over-year, from -$621K to $221K.
What does increase decreasein mortgage servicing rights fair value mean?
Captures the periodic change in the fair value of Mortgage Servicing Rights (MSRs) held by the company. This metric is critical for assessing the volatility and valuation of the mortgage servicing portfolio in response to interest rate fluctuations and prepayment speed changes.