ALRS · Alerus Financial Corp
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| $278.63M | $279.64M | $221.58M | $164.88M | $115.58M | $92.66M | $96.1M | $93.3M | $87.7M | $75.64M | |
| $180.93M | $172.5M | $107.05M | $87.84M | $99.73M | $87.1M | $83.85M | $74.55M | $75.22M | $67.67M | |
| $56.27M | $51.88M | $114.93M | $80.23M | $111.22M | $147.39M | $149.37M | $114.19M | $102.75M | $103.05M | |
| $9.04M | $10.51M | $6.78M | $5.3M | $4.75M | $4.38M | $3.96M | $4.08M | $4.64M | $5.62M | |
| — | $15.32M | $9.84M | $8.53M | $8.47M | $8.87M | $8.95M | $8.77M | $8.73M | $9.86M | |
| $100.63M | — | — | $77.04M | $15.85M | $5.56M | $12.26M | $18.75M | $12.48M | $7.97M | |
| — | -$68.4M | $0 | -$24.64M | $0 | $125K | $2.74M | $357K | $129K | — | |
| $36.2M | $22.59M | $23.16M | $15.85M | $52.18M | $69.08M | $58.52M | $38.9M | $33.04M | $32.52M | |
| $8.5M | $5.15M | $5.38M | $4.16M | $12.18M | $16.4M | $13.84M | $9.36M | $7.17M | $17.51M | |
| $27.71M | $17.44M | $17.78M | $11.7M | $40.01M | $52.68M | $44.68M | $29.54M | $25.87M | $15M | |
| $27.64M | $17.47M | $17.74M | $11.7M | $39.59M | $51.88M | $43.91M | $28.89M | — | — | |
| $82.58M | $88.65M | $18.07M | $36.68M | -$54.38M | $37.79M | $53.38M | $35.08M | $23.33M | $15.81M | |
| USD/shares | — | $0.69 | $0.84 | $0.59 | $2.12 | $3.02 | $2.57 | $1.96 | $1.88 | $1.10 |
| USD/shares | — | $0.68 | $0.83 | $0.58 | $2.10 | $2.97 | $2.52 | $1.91 | $1.84 | $1.07 |
| shares | — | 25.38M | 21.05M | 19.92M | 18.64M | 17.19M | 17.11M | 14.74M | 13.76M | 13.65M |
| shares | — | 25.7M | 21.32M | 20.14M | 18.88M | 17.49M | 17.44M | 15.09M | 14.06M | 14.01M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2017–FY2025: $12.18M in buybacks, $108.12M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 260 similar-size Banks - Regional companies (of 302 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Retirement and Benefit Services | $65,885,000 | $64,365,000 | $65,294,000 | $67,135,000 | $71,709,000 | $60,956,000 | $63,811,000 | $63,316,000 |
| Wealth Management | $28,265,000 | $26,171,000 | $21,855,000 | $20,870,000 | $21,052,000 | $17,451,000 | $15,502,000 | $14,900,000 |
| Mortgage Banking | $11,855,000 | $10,073,000 | $8,411,000 | $16,921,000 | — | — | — | — |
| Interchange Fees | $3,365,000 | $2,291,000 | $2,222,000 | $2,246,000 | $2,180,000 | $2,140,000 | $1,972,000 | $2,005,000 |
| Deposit Account | $2,768,000 | $1,976,000 | $1,280,000 | $1,434,000 | $1,395,000 | $1,409,000 | $1,772,000 | $1,808,000 |
| Transactional Fees | $1,881,000 | $1,366,000 | $1,528,000 | $1,412,000 | $1,218,000 | $1,246,000 | $1,236,000 | $1,106,000 |
| Other Noninterest | $1,201,000 | $9,632,000 | $2,060,000 | $336,000 | $413,000 | $994,000 | $2,936,000 | $1,096,000 |