Alerus Financial (ALRS) Operating Leases (2019 - 2026)

Alerus Financial has reported Operating Leases for 8 years, with the latest figure at $42.6 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases rose 130.03% year-over-year to $42.6 million; the trailing twelve-month figure through Mar 2026 stood at $42.6 million (up 130.03% YoY), and the FY2025 full-year result was $36.3 million, up 91.05% from the prior year.
• Operating Leases for Q1 2026 stood at $42.6 million, up from $36.3 million in the prior quarter.
• The five-year high for Operating Leases was $42.6 million in Q1 2026, with the low at $3.8 million in Q3 2022.
• Average Operating Leases over 5 years is $13.7 million, with a median of $6.3 million recorded in 2023.
• Year-over-year, Operating Leases plunged 46.08% in 2022 and surged 282.85% in 2025.
• Tracing ALRS's Operating Leases over 5 years: stood at $5.9 million in 2022, then decreased by 2.56% to $5.8 million in 2023, then soared by 230.22% to $19.0 million in 2024, then surged by 91.05% to $36.3 million in 2025, then grew by 17.39% to $42.6 million in 2026.
• The last three Operating Leases figures came in at $42.6 million (Q1 2026), $36.3 million (Q4 2025), and $36.9 million (Q3 2025), per Business Quant data.

Peer Comparison