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.

• On a quarterly basis, Operating Expenses changed 0.05% year-over-year to $50.4 million in Q1 2026; TTM through Mar 2026 was $201.3 million, a 4.81% increase from a year earlier, with the FY2025 full-year figure at $201.2 million, up 11.38% from the prior year.
• Operating Expenses fell to $50.4 million in Q1 2026 per ALRS's latest filing, 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.
• The 5-year median for Operating Expenses is $40.0 million (2022), against an average of $43.6 million.
• Across the five-year window, Operating Expenses soared 56.41% in 2024 and retreated 14.18% in 2025, its largest moves.
• Year by year, Operating Expenses 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.
• Per Business Quant, the three latest ALRS Operating Expenses figures stand at $50.4 million (Q1 2026), $51.9 million (Q4 2025), and $50.5 million (Q3 2025).