Alerus Financial (ALRS) Research & Development (2018 - 2026)
Alerus Financial (ALRS) recorded quarterly Research & Development of $861000.0 in Q1 2026, up 161.81% quarter-over-quarter from -$1.4 million in Q4 2025, and up 200.0% on a YoY basis from $287000.0 in Q1 2025.
Alerus Financial (ALRS) Research & Development (2018 - 2026) Analysis & Trends
Alerus Financial's Research & Development history runs 9 years deep, the most recent figure standing at $861000.0 for Q1 2026.
- In Q1 2026, Research & Development rose 200.0% year-over-year to $861000.0; the TTM figure through Mar 2026 stood at $640000.0 (up 321.05% YoY), while the FY2025 annual figure was $1.4 million, up 1.78% from the prior year.
- Research & Development was $861000.0 for Q1 2026 at Alerus Financial, up from -$1.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $890000.0 in Q3 2022 to a low of -$1.4 million in Q4 2025.
- Historically, Research & Development has averaged $309529.4 across 5 years, with a median of $356000.0 in 2022.
- The sharpest annual moves came in 2022 and 2024: Research & Development surged 888.89% in 2022, then sank 354.63% in 2024.
- A 5-year view of Research & Development shows it stood at $356000.0 in 2022, then decreased by 12.08% to $313000.0 in 2023, then tumbled by 354.63% to -$797000.0 in 2024, then tumbled by 74.78% to -$1.4 million in 2025, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Alerus Financial | 767.62 Mn | 638.02 Mn | - | 861,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |