Alerus Financial (ALRS) Research & Development (2018 - 2026)

Alerus Financial's quarterly Research & Development came in at $861000.0 in Q1 2026, up 200.0% year-on-year from $287000.0 in Q1 2025, and up 161.81% quarter-over-quarter from -$1.4 million in Q4 2025.

Alerus Financial has reported Research & Development for 9 years, with the latest figure at $861000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 200.0% year-over-year to $861000.0; the trailing twelve-month figure through Mar 2026 stood at $640000.0 (up 321.05% YoY), and the FY2025 full-year result was $1.4 million, up 1.78% from the prior year.
  • Research & Development for Q1 2026 stood at $861000.0, up from -$1.4 million in the prior quarter.
  • The five-year high for Research & Development was $890000.0 in Q3 2022, with the low at -$1.4 million in Q4 2025.
  • Average Research & Development over 5 years is $309529.4, with a median of $356000.0 recorded in 2022.
  • Year-over-year, Research & Development jumped 888.89% in 2022 and sank 354.63% in 2024.
  • Tracing ALRS's Research & Development over 5 years: stood at $356000.0 in 2022, then slipped by 12.08% to $313000.0 in 2023, then slumped by 354.63% to -$797000.0 in 2024, then slumped by 74.78% to -$1.4 million in 2025, then jumped by 161.81% to $861000.0 in 2026.
  • The last three Research & Development figures came in at $861000.0 (Q1 2026), -$1.4 million (Q4 2025), and $385000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 1.10 Mn
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 554,000.00
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - -
10 Alerus Financial 711.91 Mn 582.31 Mn - 861,000.00

Historic Data

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DateValue
Mar 31, 2026 861,000.00
Dec 31, 2025 -1.39 Mn
Sep 30, 2025 385,000.00
Jun 30, 2025 787,000.00
Mar 31, 2025 287,000.00
Dec 31, 2024 -797,000.00
Sep 30, 2024 330,000.00
Jun 30, 2024 332,000.00
Mar 31, 2024 292,000.00
Dec 31, 2023 313,000.00
Sep 30, 2023 750,000.00
Jun 30, 2023 665,000.00
Mar 31, 2023 248,000.00
Dec 31, 2022 356,000.00
Sep 30, 2022 890,000.00
Jun 30, 2022 356,000.00
Mar 31, 2022 600,000.00
Dec 31, 2021 206,000.00
Sep 30, 2021 865,000.00
Jun 30, 2021 36,000.00
Mar 31, 2021 676,000.00
Dec 31, 2020 1.05 Mn
Sep 30, 2020 929,000.00
Jun 30, 2020 51,000.00
Mar 31, 2020 261,000.00
Dec 31, 2019 -237,000.00
Sep 30, 2019 890,000.00
Jun 30, 2019 707,000.00
Mar 31, 2019 427,000.00
Dec 31, 2018 1.02 Mn
Sep 30, 2018 856,000.00