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Alerus Financial Corporation ALRS Other operating expenses

Discontinued — last reported Q2 '24

Other operating expenses at other companies

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$3.85M-12.4%
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Segments

By segment

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Retirement And Benefit Services$2.89M+37.8%
Wealth Management$853K+100%

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$769.69M+43.8%
Enterprise value$942.67M+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 August 8, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alerus Financial Corporation's other operating expenses?
Alerus Financial Corporation (ALRS) reported other operating expenses of $1.42M in Q2 2024.
How has Alerus Financial Corporation's other operating expenses changed year-over-year?
Alerus Financial Corporation's other operating expenses increased by 13.8% year-over-year, from $1.25M to $1.42M.
What is the long-term trend for Alerus Financial Corporation's other operating expenses?
Over 2 years (2021 to 2023), Alerus Financial Corporation's other operating expenses has grown at a 16.0% compound annual growth rate (CAGR), from $3.95M to $5.31M.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.