Alerus Financial Corporation ALRS Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Noninterest Income by Business | |||||
| Banking | -$41.97M-301% | $20.86M+397% | -$7.02M-130% | $23.12M+280% | |
| Retirement And Benefit Services | $65.89M+2.4% | $64.37M-1.4% | $65.29M-2.7% | $67.14M-6.4% | |
| Wealth Management | $28.27M+8.0% | $26.17M+19.8% | $21.85M+4.7% | $20.87M-0.9% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | |||||
| Retirement And Benefit Services | 1,089,700,000%+308,600,000pp | 781,100,000%-412,200,000pp | 1,193,300,000%— | —— | |
| Wealth Management | 679,400,000%-373,700,000pp | 1,053,100,000%+216,500,000pp | 836,600,000%— | —— | |
| Noninterest Expense by Business | |||||
| Banking | $113.92M+28.7% | $88.52M+16.7% | $75.86M-6.4% | $81.02M+52.5% | |
| Retirement And Benefit Services | $54.99M-2.8% | $56.56M+6.0% | $53.36M-2.9% | $54.97M-1.5% | |
| Wealth Management | $21.47M+37.3% | $15.64M+16.0% | $13.49M+13.8% | $11.85M+2.4% | |
| Interest Income Expense Net by Business | |||||
| Banking | $175.1M+59.5% | $109.75M+21.2% | $90.52M-11.3% | $102.07M+17.3% | |
| Retirement And Benefit Services | $0— | $0— | —— | $0— | |
| Wealth Management | $0— | $0— | —— | $0— | |
| Total Assets by Business | |||||
| Banking | $20.87B+17.7% | $17.74B+16.6% | $15.22B— | —— | |
| Retirement And Benefit Services | $123.48M-7.4% | $133.36M-8.7% | $146M— | —— | |
| Wealth Management | $23.2M+12.4% | $20.65M+18.2% | $17.48M— | —— | |
| Compensation Expense Excluding Cost Of Good And Service Sold by Business | |||||
| Banking | $48.86M+13.3% | $43.13M+13.6% | $37.95M-11.3% | $42.77M— | |
| Retirement And Benefit Services | $29.35M+3.2% | $28.43M+9.0% | $26.09M-3.4% | $27M— | |
| Wealth Management | $13.23M+31.5% | $10.07M+25.0% | $8.05M+17.7% | $6.84M— | |
| Other Noninterest Expense by Business | |||||
| Banking | $39.8M+68.4% | $23.63M+28.2% | $18.43M-1.9% | $18.78M— | |
| Retirement And Benefit Services | $9.16M-28.5% | $12.8M+4.6% | $12.23M-7.2% | $13.19M— | |
| Wealth Management | $1.86M+164% | $704K-42.2% | $1.22M+6.1% | $1.15M— | |
| Business Services Software And Technology Expense by Business | |||||
| Banking | $12.09M+10.4% | $10.95M+7.5% | $10.19M+8.8% | $9.36M— | |
| Retirement And Benefit Services | $8.15M+7.5% | $7.58M-4.1% | $7.9M+6.1% | $7.44M— | |
| Wealth Management | $3.8M+51.8% | $2.51M+5.6% | $2.37M+10.1% | $2.15M— | |
| Business Combination Acquisition Related Costs by Business | |||||
| Banking | $0— | $0— | $0— | $0— | |
| Retirement And Benefit Services | $0— | $0— | $0— | $0— | |
| Wealth Management | $0— | $0— | $0— | $0— | |
| Provision For Loan Lease And Other Losses by Business | |||||
| Retirement And Benefit Services | $0— | $0— | —— | $0— | |
| Wealth Management | $0— | $0— | —— | $0— | |
| Employee Benefits And Share Based Compensation by Business | |||||
| Banking | $13.18M+21.9% | $10.81M+16.3% | $9.3M-13.8% | $10.78M— | |
| Retirement And Benefit Services | $8.34M+7.5% | $7.76M+8.6% | $7.14M-3.8% | $7.43M— | |
| Wealth Management | $2.58M+8.9% | $2.37M+27.9% | $1.85M+7.7% | $1.72M— | |
| Goodwill by Business | |||||
| Banking | $296.44M+64.8% | $179.89M+27.5% | $141.04M+27.8% | $110.38M+37.1% | |
| Retirement And Benefit Services | $46.09M0.0% | $46.09M-1.3% | $46.7M+2.4% | $45.6M+9.7% | |
| Revenue (Gross) by Product | |||||
| Deposit Account | $2.77M+40.1% | $1.98M— | —— | $1.43M— | |
| Mortgage Banking | $11.86M+17.7% | $10.07M— | —— | $16.92M— | |
| Retirement And Benefit Services | $65.89M+2.4% | $64.37M— | —— | $67.14M— | |
| Wealth Management | $28.27M+8.0% | $26.17M— | —— | $20.87M— | |
| Revenue by Product | |||||
| Interchange Fees | $3.37M+46.9% | $2.29M+3.1% | $2.22M-1.1% | $2.25M+3.0% | |
| Other Noninterest | $1.2M-87.5% | $9.63M+368% | $2.06M+513% | $336K-18.6% | |
| Transactional Fees | $1.88M+37.7% | $1.37M-10.6% | $1.53M+8.2% | $1.41M+15.9% |
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.
