Filing Flows › Alerus Financial (ALRS) › How it makes money
How Alerus Financial (ALRS) makes money
Alerus Financial (ALRS) made $81.1M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Net interest income brought in $46.7M (58%); Noninterest income brought in $34.4M (42%). Of every dollar of revenue, 31¢ was left as operating profit, 24¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Net interest income | $46.7M | 57.6% | -2% | +8% |
| Noninterest income | $34.4M | 42.4% | +4% | +17% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $81.1M | 100.0% |
| Operating profit | $25.0M | 30.8% |
| Income tax | $5.8M | 7.2% |
| Net earnings | $19.2M | 23.7% |
| Operating cash flow | $51.3M | 63.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $81.1M | +12% |
From Alerus Financial's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Alerus Financial make money?
Alerus Financial (ALRS) made $81.1M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Net interest income brought in $46.7M (58%); Noninterest income brought in $34.4M (42%). Of every dollar of revenue, 31¢ was left as operating profit, 24¢ was left as net earnings.
What is Alerus Financial's biggest business?
Net interest income: $46.7M in the third quarter 2026, 58% of revenue, +8% from a year earlier.
What is Alerus Financial's profit margin?
Net earnings were $19.2M, 23.7% of revenue, in the third quarter 2026; the operating margin was 30.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.