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

Alerus Financial's Operating Expenses history runs 9 years deep, the most recent figure standing at $50.4 million for Q1 2026.

• In Q1 2026, Operating Expenses changed 0.05% year-over-year to $50.4 million; the TTM figure through Mar 2026 stood at $201.3 million (up 4.81% YoY), while the FY2025 annual figure was $201.2 million, up 11.38% from the prior year.
• Operating Expenses was $50.4 million for Q1 2026 at Alerus Financial, down from $51.9 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $60.5 million in Q4 2024 to a low of $36.4 million in Q2 2023.
• Historically, Operating Expenses has averaged $43.6 million across 5 years, with a median of $40.0 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 56.41% in 2024, then declined 14.18% in 2025.
• A 5-year view of Operating Expenses shows it stood at $37.9 million in 2022, then grew by 1.86% to $38.7 million in 2023, then surged by 56.41% to $60.5 million in 2024, then retreated by 14.18% to $51.9 million in 2025, then fell by 2.87% to $50.4 million in 2026.
• The last three Operating Expenses figures came in at $50.4 million (Q1 2026), $51.9 million (Q4 2025), and $50.5 million (Q3 2025), per Business Quant data.