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Alerus Financial (ALRS) Research & Development: 2017-2024

Historic Research & Development for Alerus Financial (ALRS) over the last 8 years, with Dec 2024 value amounting to $3.2 million.

  • Alerus Financial's Research & Development rose 39.92% to $1.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $3.9 million, marking a year-over-year increase of 29.52%. This contributed to the annual value of $3.2 million for FY2024, which is 7.33% up from last year.
  • Latest data reveals that Alerus Financial reported Research & Development of $3.2 million as of FY2024, which was up 7.33% from $3.0 million recorded in FY2023.
  • Alerus Financial's 5-year Research & Development high stood at $3.4 million for FY2022, and its period low was $3.0 million during FY2023.
  • Its 3-year average for Research & Development is $3.2 million, with a median of $3.2 million in 2024.
  • Per our database at Business Quant, Alerus Financial's Research & Development fell by 9.64% in 2023 and then increased by 7.33% in 2024.
  • Over the past 5 years, Alerus Financial's Research & Development (Yearly) stood at $3.1 million in 2020, then climbed by 1.56% to $3.2 million in 2021, then rose by 5.28% to $3.4 million in 2022, then dropped by 9.64% to $3.0 million in 2023, then increased by 7.33% to $3.2 million in 2024.