Alerus Financial Corporation ALRS Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Noninterest Income by Business | ||||||
| Banking | -$40.26M-283% | -$41.97M-301% | $26.73M+480% | $25.45M+448% | $22.02M+373% | |
| Retirement And Benefit Services | $67.19M+3.7% | $65.89M+2.4% | $65.12M+3.0% | $64.76M-1.4% | $64.82M-1.0% | |
| Wealth Management | $28.6M+6.1% | $28.27M+8.0% | $27.84M+10.9% | $27.96M+18.0% | $26.96M+18.4% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Retirement And Benefit Services | 1,120,500,000%+237,100,000pp | 1,089,700,000%+308,600,000pp | 1,014,800,000%+256,500,000pp | 903,600,000%-189,300,000pp | 883,400,000%-267,800,000pp | |
| Wealth Management | 623,600,000%-399,500,000pp | 679,400,000%-373,700,000pp | 784,200,000%-197,800,000pp | 1,001,000,000%+111,500,000pp | 1,023,100,000%+132,900,000pp | |
| Noninterest Expense by Business | ||||||
| Banking | $112.1M+13.2% | $113.92M+28.7% | $116.02M+50.9% | $107.59M+42.5% | $99.06M+30.5% | |
| Retirement And Benefit Services | $55.98M0.0% | $54.99M-2.8% | $54.97M-1.2% | $55.73M+1.8% | $55.98M+3.8% | |
| Wealth Management | $22.36M+33.7% | $21.47M+37.3% | $20M+30.8% | $17.95M+21.3% | $16.73M+20.6% | |
| Interest Income Expense Net by Business | ||||||
| Banking | $178.84M+39.0% | $175.1M+59.5% | $168.23M+80.8% | $147.66M+62.5% | $128.66M+44.4% | |
| Retirement And Benefit Services | $0— | $0— | $0— | $0— | $0— | |
| Wealth Management | $0— | $0— | $0— | $0— | $0— | |
| Total Assets by Business | ||||||
| Banking | $20.79B+11.0% | $20.87B+17.7% | $20.92B+27.7% | $19.69B+21.7% | $18.73B+19.6% | |
| Retirement And Benefit Services | $123M-6.1% | $123.48M-7.4% | $125.2M-7.6% | $127.15M-8.4% | $131.02M-7.2% | |
| Wealth Management | $23.68M+11.0% | $23.2M+12.4% | $22.75M+14.0% | $22.26M+17.8% | $21.33M+17.5% | |
| Compensation Expense Excluding Cost Of Good And Service Sold by Business | ||||||
| Banking | $48.93M+5.7% | $48.86M+13.3% | $51.59M+37.6% | $49M+32.4% | $46.31M+25.4% | |
| Retirement And Benefit Services | $29.85M+4.0% | $29.35M+3.2% | $29.07M+5.6% | $28.91M+7.7% | $28.69M+8.2% | |
| Wealth Management | $13.21M+25.4% | $13.23M+31.5% | $12.57M+33.0% | $11.4M+25.0% | $10.54M+22.3% | |
| Other Noninterest Expense by Business | ||||||
| Banking | $38.89M+31.8% | $39.8M+68.4% | $38.27M+94.1% | $33.68M+80.2% | $29.51M+58.1% | |
| Retirement And Benefit Services | $9.95M-15.4% | $9.16M-28.5% | $9.88M-21.1% | $10.82M-12.4% | $11.76M-4.5% | |
| Wealth Management | $2.29M+78.5% | $1.86M+164% | $1.58M+152% | $1.4M+106% | $1.28M+68.2% | |
| Business Services Software And Technology Expense by Business | ||||||
| Banking | $11.86M+4.5% | $12.09M+10.4% | $12.87M+34.4% | $12.18M+23.0% | $11.35M+11.2% | |
| Retirement And Benefit Services | $8.02M+6.6% | $8.15M+7.5% | $7.84M+4.7% | $7.81M+2.3% | $7.53M-5.5% | |
| Wealth Management | $4.28M+69.5% | $3.8M+51.8% | $3.31M+33.7% | $2.63M+11.3% | $2.53M+6.4% | |
| 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 | ||||||
| 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 | $12.42M+4.5% | $13.18M+21.9% | $13.29M+32.6% | $12.73M+28.5% | $11.89M+21.6% | |
| Retirement And Benefit Services | $8.17M+1.9% | $8.34M+7.5% | $8.19M+8.0% | $8.18M+9.6% | $8.01M+8.0% | |
| Wealth Management | $2.58M+8.4% | $2.58M+8.9% | $2.54M+9.7% | $2.52M+12.4% | $2.38M+12.8% | |
| Goodwill by Business | ||||||
| Banking | $296.44M+35.5% | $296.44M+64.8% | $296.44M+110% | $257.59M+82.6% | $218.74M+55.1% | |
| Retirement And Benefit Services | $46.09M0.0% | $46.09M0.0% | $46.09M0.0% | $46.09M0.0% | $46.09M-0.7% | |
| Revenue (Gross) by Product | ||||||
| Deposit Account | $3.05M+36.3% | $2.77M+40.1% | $2.68M+60.0% | $2.46M+62.7% | $2.24M— | |
| Mortgage Banking | $13.86M+39.6% | $11.86M+17.7% | $11.93M+47.7% | $11.03M+37.6% | $9.93M— | |
| Retirement And Benefit Services | $67.19M+3.7% | $65.89M+2.4% | $65.12M+3.0% | $64.76M-1.4% | $64.82M— | |
| Wealth Management | $28.6M+6.1% | $28.27M+8.0% | $27.84M+10.9% | $27.96M+18.0% | $26.96M— |
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.
