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Alerus Financial (ALRS) Operating Expenses (2018 - 2026)

Alerus Financial (ALRS) has disclosed Operating Expenses for 9 consecutive years, with $50.4 million as the latest value for Q1 2026.

  • For Q1 2026, Operating Expenses changed 0.05% year-over-year to $50.4 million; the TTM value through Mar 2026 reached $201.3 million, up 4.81%, while the annual FY2025 figure was $201.2 million, 11.38% up from the prior year.
  • Operating Expenses hit $50.4 million in Q1 2026 for Alerus Financial, down from $51.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $60.5 million in Q4 2024 and bottomed at $36.4 million in Q2 2023.
  • Average Operating Expenses over 5 years is $43.6 million, with a median of $40.0 million recorded in 2022.
  • Year-over-year, Operating Expenses surged 56.41% in 2024 and then fell 14.18% in 2025.
  • Alerus Financial's Operating Expenses stood at $37.9 million in 2022, then increased by 1.86% to $38.7 million in 2023, then soared by 56.41% to $60.5 million in 2024, then decreased by 14.18% to $51.9 million in 2025, then dropped by 2.87% to $50.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $50.4 million, $51.9 million, and $50.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.