Alerus Financial (ALRS) Operating Expenses (2018 - 2026)
Alerus Financial (ALRS) posted quarterly Operating Expenses of $50.4 million for Q1 2026, little changed year-over-year from $50.4 million in Q1 2025, and down 2.87% quarter-over-quarter from $51.9 million in Q4 2025.
Alerus Financial (ALRS) Operating Expenses (2018 - 2026) Analysis & Trends
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 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.
- The 5-year median for Operating Expenses is $40.0 million (2022), against an average of $43.6 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 56.41% in 2024, then dropped 14.18% in 2025.
- Alerus Financial's Operating Expenses stood at $37.9 million in 2022, then climbed by 1.86% to $38.7 million in 2023, then jumped by 56.41% to $60.5 million in 2024, then fell by 14.18% to $51.9 million in 2025, then declined by 2.87% to $50.4 million in 2026.
- Business Quant data shows ALRS's Operating Expenses at $50.4 million in Q1 2026, $51.9 million in Q4 2025, and $50.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.11 Bn |
| 10 | Alerus Financial | 821.28 Mn | 657.73 Mn | - | 52.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 52.88 Mn |
| Mar 31, 2026 | 50.39 Mn |
| Dec 31, 2025 | 51.88 Mn |
| Sep 30, 2025 | 50.54 Mn |
| Jun 30, 2025 | 48.44 Mn |
| Mar 31, 2025 | 50.37 Mn |
| Dec 31, 2024 | 60.46 Mn |
| Sep 30, 2024 | 42.45 Mn |
| Jun 30, 2024 | 38.75 Mn |
| Mar 31, 2024 | 39.02 Mn |
| Dec 31, 2023 | 38.65 Mn |
| Sep 30, 2023 | 37.26 Mn |
| Jun 30, 2023 | 36.37 Mn |
| Mar 31, 2023 | 37.87 Mn |
| Dec 31, 2022 | 37.95 Mn |
| Sep 30, 2022 | 42.77 Mn |
| Jun 30, 2022 | 39.98 Mn |
| Mar 31, 2022 | 38.07 Mn |
| Dec 31, 2021 | 41.28 Mn |
| Sep 30, 2021 | 42.04 Mn |