Alerus Financial (ALRS) Depreciation Expense (2023 - 2026)

Alerus Financial has reported Depreciation Expense for 4 years, with the latest figure at $3.4 million in Q1 2026.

• For the quarter ending Q1 2026, Depreciation Expense rose 17.89% year-over-year to $3.4 million; the trailing twelve-month figure through Mar 2026 stood at $12.5 million (up 42.5% YoY), and the FY2025 full-year result was $12.0 million, up 54.17% from the prior year.
• Depreciation Expense for Q1 2026 stood at $3.4 million, down from $3.7 million in the prior quarter.
• The five-year high for Depreciation Expense was $3.7 million in Q4 2025, with the low at $1.8 million in Q2 2024.
• Average Depreciation Expense over 4 years is $2.4 million, with a median of $2.1 million recorded in 2024.
• Year-over-year, Depreciation Expense climbed 5.65% in 2024 and surged 86.35% in 2025.
• Tracing ALRS's Depreciation Expense over 4 years: stood at $1.9 million in 2023, then advanced by 5.65% to $2.0 million in 2024, then surged by 86.35% to $3.7 million in 2025, then fell by 6.31% to $3.4 million in 2026.
• The last three Depreciation Expense figures came in at $3.4 million (Q1 2026), $3.7 million (Q4 2025), and $2.8 million (Q3 2025), per Business Quant data.

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