Alerus Financial Corporation (ALRS)

Alerus Financial Revenue

Alerus Financial had revenue of $83.27M in the quarter ending September 30, 2026, with 14.75% growth. This brings the company's total for the last twelve months to $243.22M, down -19.24% year-over-year. In the year 2025, Alerus Financial had annual revenue of $224.93M, down -6.32%. That makes Alerus Financial the 15,899th largest company in the world by revenue and 2,738th in the United States.

• Revenue (ttm): $243.22M
• Revenue Growth: -19.24%
• P/S Ratio: 3.37
• Revenue / Employee: $287,278
• Employees: 864
• Market Cap: 852.24M

Revenue Chart

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Revenue by Segment

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• Banking Incl. Mortgage 132.58M 58.5%
• Retirement and Benefit Services 65.89M 29.1%
• Wealth Advisory Services 28.27M 12.5%

Fiscal year ended Dec 31, 2025 See the full Alerus Financial breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	224.93M	-15.19M	-6.32%
Dec 31, 2024	240.12M	69.99M	41.14%
Dec 31, 2023	170.13M	-40.83M	-19.35%
Dec 31, 2022	210.95M	-20.03M	-8.67%
Dec 31, 2021	230.99M	-13.13M	-5.38%
Dec 31, 2020	244.12M	48.06M	24.51%
Dec 31, 2019	196.06M	9.47M	5.08%
Dec 31, 2018	186.58M	12.59M	7.23%
Dec 31, 2017	174.00M	2.91M	1.70%
Dec 31, 2016	171.09M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Nov 5, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 8, 2026

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