Operating Income for Alerus Financial (ALRS)
According to Alerus Financial's latest reported financial statements, the company's current operating income (TTM) is $22.59M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

ALRS
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$22.59M
YoY change
-2.4%
5Y CAGR
-17.3%
Peak year (2021)
$69.08M
Cumulative operating income
$521.32M
Operating Income history chart for Alerus Financial (ALRS) from 2008 to 2025
Operating Income history table for Alerus Financial (ALRS) from 2008 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $22.59M | -2.4% | ||
| 2024 | $23.16M | +46.1% | ||
| 2023 | $15.85M | -69.6% | ||
| 2022 | $52.18M | -24.5% | ||
| 2021 | $69.08M | +18.0% | ||
| 2020 | $58.52M | +50.4% | ||
| 2019 | $38.90M | +17.7% | ||
| 2018 | $33.04M | +1.6% | ||
| 2017 | $32.52M | +53.5% | ||
| 2016 | $21.18M | -11.0% | ||
| 2015 | $23.79M | -20.1% | ||
| 2014 | $29.77M | -6.8% | ||
| 2013 | $31.95M | +24.3% | ||
| 2012 | $25.71M | +58.9% | ||
| 2011 | $16.19M | +83.3% | ||
| 2010 | $8.83M | +114.3% | ||
| 2009 | $4.12M | -70.5% | ||
| 2008 | $13.95M | — |
Operating Income values are taken from Alerus Financial's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Alerus Financial (ALRS) came in at $22.59M – edged down 2.4% year-over-year.
Alerus Financial operating income has contracted on net over the period, with a -17.3% compound annual growth rate over 2020–2025 (5 years).
Alerus Financial operating income peaked at $69.08M in 2021; the latest annual figure is $22.59M in 2025 (67.3% below peak).
The dataset's maximum operating income sits at $69.08M (2021); the minimum reading of $4.12M dates to 2009.
Alerus Financial (ALRS) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $24.60B.
Alerus Financial Operating Income by Year
Alerus Financial Operating Income 2025: $22.59M
Alerus Financial operating income in 2025 was $22.59M, edged down 2.4% below 2024.
Alerus Financial Operating Income 2024: $23.16M
Alerus Financial operating income in 2024 was $23.16M, surged 46.1% from 2023.
Alerus Financial Operating Income 2023: $15.85M
Alerus Financial operating income in 2023 was $15.85M, plunged 69.6% below 2022.
Alerus Financial Operating Income 2022: $52.18M
Alerus Financial operating income in 2022 was $52.18M, declined 24.5% below 2021.
Alerus Financial Operating Income 2021: $69.08M
Alerus Financial operating income in 2021 was $69.08M.
See more financial history for Alerus Financial (ALRS).
Sector peers — Operating Income
Companies in the same sector as Alerus Financial, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Alerus Financial's operating income?
Latest reported operating income for Alerus Financial (ALRS) is $22.59M (period ending December 31, 2025).
How has Alerus Financial operating income changed year-over-year?
Alerus Financial (ALRS) operating income changed -2.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Alerus Financial operating income?
Alerus Financial (ALRS) operating income compound annual growth rate is -17.3% over the most recent 5 years available.
When did Alerus Financial operating income hit its highest annual value?
Alerus Financial operating income reached its highest annual value of $69.08M in 2021.
What was Alerus Financial operating income in 2024?
Alerus Financial (ALRS) operating income in 2024 was $23.16M.
What was Alerus Financial operating income in 2025?
Alerus Financial (ALRS) operating income in 2025 was $22.59M.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
ALRS Overview
Company profile, financial tools, and key metrics
ALRS Revenue Counter
Earns $10.40 every second. See per minute, hour, and day.
ALRS Earnings Counter
Earns $0.55 per second net profit. See per minute, hour, and day.
ALRS Economic Scale
Exceeds Kiribati's GDP. Compare with world economies.
ALRS What If Invested
What if you had invested $1,000? See historical returns from any date.
ALRS How It Makes Money
Discover visual breakdown of $327.86M in revenue — where it comes from and where it goes.
ALRS Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
ALRS Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
ALRS Daily Price Character
Balanced · 26.9% historical win rate (green days). Streaks & record days.
ALRS Buybacks
0.13% TTM buyback yield. Shareholder yield & SBC comparison.
ALRS Stock Split History
2 splits on record. Dates, ratios, and cumulative multiple.
ALRS Dividend Profile
Yield: 3.26%. Safety: 4/8. See full history.
ALRS Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
ALRS Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.