What is Alerus Financial Corporation's total revenue?

Alerus Financial Corporation (ALRS) reported total revenue of $51.37M in Q2 2024.

How has Alerus Financial Corporation's total revenue changed year-over-year?

Alerus Financial Corporation's total revenue increased by 7.0% year-over-year, from $48.01M to $51.37M.

What is the long-term trend for Alerus Financial Corporation's total revenue?

Over 2 years (2021 to 2023), Alerus Financial Corporation's total revenue has grown at a -15.3% compound annual growth rate (CAGR), from $234.49M to $168.07M.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Alerus Financial Corporation ALRS Total Revenue

Discontinued — last reported Q2 '24

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$7.26B+4.8%

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$21.45B+6.4%

UBS

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$316.58M+9.3%

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$62.67M+9.5%

SMB

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$53.82M+14.9%

Farmers National Banc CorpFMNB

$80.81M+19.2%

Segments

By product

See full

Retirement And Benefit Services$17.41M+8.1%

Other Noninterest$9.63M+368%

Wealth Management$7.24M+4.8%

Mortgage Banking$3.54M+131%

Interchange Fees$2.29M+3.1%

Transactional Fees$1.37M-10.6%

Other financials

Income statement

See full

Net income$23.0M+72.5%

EPS (diluted)$0.31-31.1%

Balance sheet

See full

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

See full

Operating cash flow$27.8M+261%

CapEx$2.0M-1.3%

Free cash flow$25.8M+356%

Valuation

See full

Market cap$769.19M+43.7%

Enterprise value$942.16M+29.1%

P/E10.5×—

P/S4.5×+1.1×

Profitability

See full

Net margin18.8%-0.6pp

FCF margin4.4%-41.9pp

Returns & leverage

See full

Return on equity10.8%—

Debt / equity0.5×0.0×

Where this comes from

Calculated from Alerus Financial Corporation’s reported figures.

$24.0Mnet interest income+$27.4Mtotal noninterest income=$51.37M

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 revenue?: Alerus Financial Corporation (ALRS) reported total revenue of $51.37M in Q2 2024.
How has Alerus Financial Corporation's total revenue changed year-over-year?: Alerus Financial Corporation's total revenue increased by 7.0% year-over-year, from $48.01M to $51.37M.
What is the long-term trend for Alerus Financial Corporation's total revenue?: Over 2 years (2021 to 2023), Alerus Financial Corporation's total revenue has grown at a -15.3% compound annual growth rate (CAGR), from $234.49M to $168.07M.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.