Alerus Financial Corporation ALRS Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Noninterest Income by Business | ||||||
| Banking | $6.35M+110% | -$61.26M-1,086% | $6.22M-26.3% | $8.44M+81.5% | $4.65M-37.5% | |
| Retirement And Benefit Services | $17.41M+0.8% | $17.26M+4.6% | $16.5M+2.9% | $16.02M-0.5% | $16.11M-2.3% | |
| Wealth Management | $7.24M-2.7% | $7.44M+13.4% | $6.56M-10.9% | $7.36M+6.6% | $6.91M-1.5% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Banking | 2,938,300,000%— | —— | 2,130,700,000%-336,500,000pp | 2,467,200,000%+829,200,000pp | 1,638,000,000%+1,265,200,000pp | |
| Retirement And Benefit Services | 279,700,000%+34,900,000pp | 244,800,000%-65,400,000pp | 310,200,000%+24,400,000pp | 285,800,000%+36,900,000pp | 248,900,000%+79,000,000pp | |
| Wealth Management | 151,000,000%-30,800,000pp | 181,800,000%+114,100,000pp | 67,700,000%-155,400,000pp | 223,100,000%+16,300,000pp | 206,800,000%-79,800,000pp | |
| Noninterest Expense by Business | ||||||
| Banking | $27.39M-4.1% | $28.56M-0.5% | $28.7M+4.6% | $27.45M-6.0% | $29.21M-4.7% | |
| Retirement And Benefit Services | $14.61M-1.4% | $14.81M+10.6% | $13.39M+1.7% | $13.17M-3.3% | $13.62M-7.9% | |
| Wealth Management | $5.73M+1.9% | $5.62M-4.5% | $5.88M+14.6% | $5.13M+6.1% | $4.84M+16.7% | |
| Interest Income Expense Net by Business | ||||||
| Banking | $45.55M-0.6% | $45.82M+4.6% | $43.79M+0.2% | $43.68M+4.5% | $41.81M+7.3% | |
| Retirement And Benefit Services | $0— | $0— | $0— | $0— | $0— | |
| Wealth Management | $0— | $0— | $0— | $0— | $0— | |
| Total Assets by Business | ||||||
| Banking | $5.18B+1.0% | $5.13B-2.0% | $5.24B-0.2% | $5.24B-0.2% | $5.26B+1.5% | |
| Retirement And Benefit Services | $30.83M+1.3% | $30.42M-1.7% | $30.94M+0.4% | $30.82M-1.5% | $31.3M-2.6% | |
| Wealth Management | $5.95M+0.9% | $5.9M+2.1% | $5.78M-4.6% | $6.06M+10.7% | $5.47M+0.4% | |
| Compensation Expense Excluding Cost Of Good And Service Sold by Business | ||||||
| Banking | $11.71M-5.4% | $12.38M-1.4% | $12.56M+2.3% | $12.28M+5.5% | $11.64M-23.0% | |
| Retirement And Benefit Services | $7.72M+0.2% | $7.7M+4.6% | $7.36M+4.2% | $7.06M-2.1% | $7.22M-2.8% | |
| Wealth Management | $3.03M-7.5% | $3.28M-6.9% | $3.52M+4.0% | $3.38M+10.8% | $3.05M+16.5% | |
| Other Noninterest Expense by Business | ||||||
| Banking | $9.82M-2.3% | $10.05M-1.7% | $10.23M+16.2% | $8.8M-18.0% | $10.73M+26.0% | |
| Retirement And Benefit Services | $2.89M+10.1% | $2.62M+15.1% | $2.28M+5.7% | $2.16M+2.9% | $2.1M-37.3% | |
| Wealth Management | $853K+27.7% | $668K+57.5% | $424K+24.0% | $342K-19.7% | $426K+10.9% | |
| Business Services Software And Technology Expense by Business | ||||||
| Banking | $2.74M-12.5% | $3.13M+7.5% | $2.91M-5.7% | $3.08M+4.0% | $2.96M-24.3% | |
| Retirement And Benefit Services | $1.87M-21.2% | $2.37M+28.0% | $1.85M-4.0% | $1.93M-3.2% | $1.99M-3.3% | |
| Wealth Management | $1.1M-2.1% | $1.12M-18.7% | $1.38M+101% | $686K+11.0% | $618K-1.1% | |
| Business Combination Acquisition Related Costs by Business | ||||||
| Banking | $0— | $0— | $0— | $0— | $0— | |
| Retirement And Benefit Services | $0— | $0— | $0— | $0— | $0— | |
| Wealth Management | $0— | $0— | $0— | $0— | $0— | |
| Provision For Loan Lease And Other Losses by Business | ||||||
| Banking | -$4.88M— | —— | $0— | $0-100% | $863K-92.8% | |
| Retirement And Benefit Services | $0— | $0— | $0— | $0— | $0— | |
| Wealth Management | $0— | $0— | $0— | $0— | $0— | |
| Employee Benefits And Share Based Compensation by Business | ||||||
| Banking | $3.13M+4.1% | $3.01M+0.1% | $3M-8.8% | $3.29M-15.2% | $3.88M+24.6% | |
| Retirement And Benefit Services | $2.14M+1.1% | $2.11M+11.3% | $1.9M-5.8% | $2.02M-12.8% | $2.31M+17.8% | |
| Wealth Management | $746K+34.7% | $554K-1.2% | $561K-22.2% | $721K-2.7% | $741K+43.9% | |
| Goodwill by Business | ||||||
| Banking | $74.11M0.0% | $74.11M0.0% | $74.11M0.0% | $74.11M0.0% | $74.11M0.0% | |
| Retirement And Benefit Services | $11.52M0.0% | $11.52M0.0% | $11.52M0.0% | $11.52M0.0% | $11.52M0.0% | |
| Revenue (Gross) by Product | ||||||
| Deposit Account | $933K+27.1% | $734K+4.4% | $703K+3.4% | $680K+4.5% | $651K+1.2% | |
| Mortgage Banking | $3.54M+10.3% | $3.2M-7.8% | $3.47M-4.8% | $3.65M+139% | $1.53M-53.4% | |
| Retirement And Benefit Services | $17.41M+0.8% | $17.26M+4.6% | $16.5M+2.9% | $16.02M-0.5% | $16.11M-2.3% | |
| Wealth Management | $7.24M-2.7% | $7.44M+13.4% | $6.56M-10.9% | $7.36M+6.6% | $6.91M-1.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Alerus Financial Corporation break its business down?
- Alerus Financial Corporation (ALRS) reports noninterest income by business across 3 parts — Banking, Retirement And Benefit Services and Wealth Management. Each is extracted from the segment footnotes and tracked over time.
- Where does Alerus Financial Corporation's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Alerus Financial Corporation's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
