How Alerus Financial (ALRS) Makes Money: A Visual Guide
Alerus Financial (ALRS) generated $330.40M in revenue, earning $27.10M in net profit (8.2% margin). Its largest revenue source is Retirement and Benefit Services (63.5% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
In TTM through Q1 2026, Alerus Financial (ALRS) generated revenue across 4 reportable product segments; the largest contributor was Retirement and Benefit Services at 63.5%, followed by Wealth Management (27%) and Mortgage Banking (6.6%).
Alerus Financial (ALRS) Income Statement Flow — TTM through Q1 2026
Calculated from the four most recent reported quarters, ending (reported ).
Alerus Financial (ALRS) Revenue by Product Segment — TTM through Q1 2026
Revenue contribution by product segment for Alerus Financial (ALRS) in TTM through Q1 2026.
Retirement and Benefit Services
- Revenue
- $209.73M
- % of total
- 63.5%
Wealth Management
- Revenue
- $89.27M
- % of total
- 27%
Mortgage Banking
- Revenue
- $21.88M
- % of total
- 6.6%
Deposit Account
- Revenue
- $9.52M
- % of total
- 2.9%
Total
- Revenue
- $330.40M
- % of total
- 100%
| Segment | Revenue | % of total |
|---|---|---|
| Retirement and Benefit Services | $209.73M | 63.5% |
| Wealth Management | $89.27M | 27% |
| Mortgage Banking | $21.88M | 6.6% |
| Deposit Account | $9.52M | 2.9% |
| Total | $330.40M | 100% |
Frequently asked questions
How does Alerus Financial (ALRS) make money?
Alerus Financial (ALRS) primarily makes money through Retirement and Benefit Services, which accounts for 63.5% of total revenue. For TTM through Q1 2026, Alerus Financial generated $330.40M in total revenue with a net profit margin of 8.2%.
What is Alerus Financial (ALRS) gross profit margin?
Alerus Financial (ALRS) reported a gross profit margin of 70.6% for TTM through Q1 2026, equivalent to $233.41M in gross profit. This means Alerus Financial retains 70.6% of each revenue unit after direct costs of production.
What is Alerus Financial (ALRS) operating profit margin?
Alerus Financial (ALRS) reported an operating profit margin of 10.7% for TTM through Q1 2026, equivalent to $35.28M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Alerus Financial (ALRS) net profit margin?
Alerus Financial (ALRS) reported a net profit margin of 8.2% for TTM through Q1 2026, equivalent to $27.10M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Alerus Financial (ALRS) spend on capital expenditures?
Alerus Financial (ALRS) spent $1.02M on capital expenditures in TTM through Q1 2026 (0.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Alerus Financial (ALRS) free cash flow?
Alerus Financial (ALRS) generated $86.61M in free cash flow for TTM through Q1 2026 (26.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Alerus Financial (ALRS) effective tax rate?
Alerus Financial (ALRS) had an effective tax rate of 23.2% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.
What are Alerus Financial (ALRS) main revenue segments?
Alerus Financial (ALRS) reports revenue across 4 reportable product segments, led by Retirement and Benefit Services at 63.5% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.
Data & methodology
What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
Where do segment and geographic numbers come from?
Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).
When was this data last updated?
Based on company filings through TTM through Q1 2026.
Explore more
ALRS Overview
Company profile, financial tools, and key metrics
ALRS Revenue Counter
Earns $10.48 every second. See per minute, hour, and day.
ALRS Earnings Counter
Earns $0.86 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 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
1.19% TTM buyback yield. Shareholder yield & SBC comparison.
ALRS Stock Split History
2 splits on record. Dates, ratios, and cumulative multiple.
ALRS Dividend Profile
Yield: 2.99%. Safety: 5/8. 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.
ALRS Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
ALRS Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.