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Alerus Financial Corporation ALRS Total noninterest income

Discontinued — last reported Q2 '24

Total noninterest income at other companies

U.S. Bancorp logo
U.S. BancorpUSB
$3B+5.7%
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$9.35B+8.0%
UBS
United BanksharesUBSI
$34.06M+15.3%
Financial Institutions logo
Financial InstitutionsFISI
$10.67M+2.9%
SMB
SmartFinancialSMBK
$7.94M-7.6%
FB Financial logo
FB FinancialFBK
$26.38M+14.5%

Segments

By segment

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Retirement And Benefit Services$17.41M+8.1%
Wealth Management$7.24M+4.8%

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$769.19M+43.7%
Enterprise value$942.16M+29.1%
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:NoninterestIncome.

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 total noninterest income?
Alerus Financial Corporation (ALRS) reported total noninterest income of $27.37M in Q2 2024.
How has Alerus Financial Corporation's total noninterest income changed year-over-year?
Alerus Financial Corporation's total noninterest income increased by 6.2% year-over-year, from $25.78M to $27.37M.
What is the long-term trend for Alerus Financial Corporation's total noninterest income?
Over 2 years (2021 to 2023), Alerus Financial Corporation's total noninterest income has grown at a -26.2% compound annual growth rate (CAGR), from $147.39M to $80.23M.
What does total noninterest income mean?
All bank revenue sources other than net interest income — service charges, trading revenue, investment banking fees, wealth management fees, and card income.