Alerus Financial Corporation ALRS Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Noninterest Income by Business | ||||||
| Banking | $6.35M+36.6% | -$61.26M-924% | $6.22M+25.8% | $8.44M+68.8% | $4.65M+33.2% | |
| Retirement And Benefit Services | $17.41M+8.1% | $17.26M+4.7% | $16.5M+2.2% | $16.02M-0.3% | $16.11M+2.9% | |
| Wealth Management | $7.24M+4.8% | $7.44M+6.1% | $6.56M-1.9% | $7.36M+15.8% | $6.91M+12.9% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Banking | 2,938,300,000%+1,300,300,000pp | —— | 2,130,700,000%+1,507,700,000pp | 2,467,200,000%+1,839,300,000pp | 1,638,000,000%+866,400,000pp | |
| Retirement And Benefit Services | 279,700,000%+30,800,000pp | 244,800,000%+74,900,000pp | 310,200,000%+111,200,000pp | 285,800,000%+20,200,000pp | 248,900,000%+102,300,000pp | |
| Wealth Management | 151,000,000%-55,800,000pp | 181,800,000%-104,800,000pp | 67,700,000%-216,800,000pp | 223,100,000%-22,100,000pp | 206,800,000%-30,000,000pp | |
| Noninterest Expense by Business | ||||||
| Banking | $27.39M-6.2% | $28.56M-6.8% | $28.7M+41.6% | $27.45M+45.1% | $29.21M+56.5% | |
| Retirement And Benefit Services | $14.61M+7.3% | $14.81M+0.1% | $13.39M-5.4% | $13.17M-1.9% | $13.62M-4.0% | |
| Wealth Management | $5.73M+18.4% | $5.62M+35.6% | $5.88M+53.2% | $5.13M+31.3% | $4.84M+29.0% | |
| Interest Income Expense Net by Business | ||||||
| Banking | $45.55M+8.9% | $45.82M+17.6% | $43.79M+88.6% | $43.68M+77.0% | $41.81M+82.6% | |
| Retirement And Benefit Services | $0— | $0— | $0— | $0— | $0— | |
| Wealth Management | $0— | $0— | $0— | $0— | $0— | |
| Total Assets by Business | ||||||
| Banking | $5.18B-1.4% | $5.13B-1.0% | $5.24B+30.6% | $5.24B+22.5% | $5.26B+23.3% | |
| Retirement And Benefit Services | $30.83M-1.5% | $30.42M-5.4% | $30.94M-5.9% | $30.82M-11.2% | $31.3M-6.9% | |
| Wealth Management | $5.95M+8.7% | $5.9M+8.2% | $5.78M+9.2% | $6.06M+18.1% | $5.47M+14.3% | |
| Compensation Expense Excluding Cost Of Good And Service Sold by Business | ||||||
| Banking | $11.71M+0.6% | $12.38M-18.1% | $12.56M+26.0% | $12.28M+28.0% | $11.64M+37.6% | |
| Retirement And Benefit Services | $7.72M+6.9% | $7.7M+3.8% | $7.36M+2.2% | $7.06M+3.3% | $7.22M+3.8% | |
| Wealth Management | $3.03M-0.7% | $3.28M+25.1% | $3.52M+49.8% | $3.38M+34.4% | $3.05M+18.3% | |
| Other Noninterest Expense by Business | ||||||
| Banking | $9.82M-8.5% | $10.05M+18.0% | $10.23M+81.4% | $8.8M+90.1% | $10.73M+121% | |
| Retirement And Benefit Services | $2.89M+37.8% | $2.62M-21.5% | $2.28M-29.3% | $2.16M-30.3% | $2.1M-33.1% | |
| Wealth Management | $853K+100% | $668K+74.0% | $424K+70.3% | $342K+54.1% | $426K+382% | |
| Business Services Software And Technology Expense by Business | ||||||
| Banking | $2.74M-7.7% | $3.13M-20.1% | $2.91M+31.1% | $3.08M+37.2% | $2.96M+15.5% | |
| Retirement And Benefit Services | $1.87M-6.4% | $2.37M+14.9% | $1.85M+1.5% | $1.93M+17.4% | $1.99M-2.4% | |
| Wealth Management | $1.1M+77.5% | $1.12M+79.4% | $1.38M+96.2% | $686K+18.1% | $618K+3.5% | |
| 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-666% | —— | $0-100% | $0-100% | $863K— | |
| 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-19.4% | $3.01M-3.5% | $3M+22.9% | $3.29M+34.2% | $3.88M+38.5% | |
| Retirement And Benefit Services | $2.14M-7.5% | $2.11M+7.7% | $1.9M+0.2% | $2.02M+9.5% | $2.31M+12.3% | |
| Wealth Management | $746K+0.7% | $554K+7.6% | $561K+4.3% | $721K+22.6% | $741K+2.2% | |
| Goodwill by Business | ||||||
| Banking | $74.11M0.0% | $74.11M0.0% | $74.11M+110% | $74.11M+110% | $74.11M+110% | |
| 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+43.3% | $734K+14.2% | $703K+44.1% | $680K+49.1% | $651K+67.4% | |
| Mortgage Banking | $3.54M+131% | $3.2M-2.2% | $3.47M+35.0% | $3.65M+43.0% | $1.53M-8.6% | |
| Retirement And Benefit Services | $17.41M+8.1% | $17.26M+4.7% | $16.5M+2.2% | $16.02M-0.3% | $16.11M+2.9% | |
| Wealth Management | $7.24M+4.8% | $7.44M+6.1% | $6.56M-1.9% | $7.36M+15.8% | $6.91M+12.9% |
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.
