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

Alerus Financial has reported Operating Expenses for 9 years, with the latest figure at $50.4 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses changed 0.05% year-over-year to $50.4 million; the trailing twelve-month figure through Mar 2026 stood at $201.3 million (up 4.81% YoY), and the FY2025 full-year result was $201.2 million, up 11.38% from the prior year.
• Operating Expenses for Q1 2026 stood at $50.4 million, down from $51.9 million in the prior quarter.
• The five-year high for Operating Expenses was $60.5 million in Q4 2024, with the low 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 soared 56.41% in 2024 and retreated 14.18% in 2025.
• Tracing ALRS's Operating Expenses over 5 years: 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 retreated 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.

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