Alerus Financial Corporation (ALRS)

USD 16.23

(-1.46%)

Operating Expenses Summary of Alerus Financial Corporation

  • Alerus Financial Corporation's latest annual operating expenses in 2023 was 166.16 Million USD , up 133.76% from previous year.
  • Alerus Financial Corporation's latest quarterly operating expenses in 2024 Q3 was 13.9 Million USD , up 834.17% from previous quarter.
  • Alerus Financial Corporation reported a annual operating expenses of -137.25 Million USD in annual operating expenses 2022, up 14.83% from previous year.
  • Alerus Financial Corporation reported a annual operating expenses of -161.15 Million USD in annual operating expenses 2021, up 5.01% from previous year.
  • Alerus Financial Corporation reported a quarterly operating expenses of 11.59 Million USD for 2024 Q1, down -10.85% from previous quarter.
  • Alerus Financial Corporation reported a quarterly operating expenses of 5.37 Million USD for 2024 Q2, down -53.63% from previous quarter.

Annual Operating Expenses Chart of Alerus Financial Corporation (2023 - 2010)

Historical Annual Operating Expenses of Alerus Financial Corporation (2023 - 2010)

Year Operating Expenses Operating Expenses Growth
2023 166.16 Million USD 133.76%
2022 -137.25 Million USD 14.83%
2021 -161.15 Million USD 5.01%
2020 -169.66 Million USD -15.42%
2019 -146.99 Million USD -12.81%
2018 -130.3 Million USD -9.67%
2017 -118.81 Million USD 6.44%
2016 -126.99 Million USD -15.99%
2015 -109.48 Million USD -22.44%
2014 -89.41 Million USD -5.38%
2013 -84.85 Million USD 12.59%
2012 -97.08 Million USD -30.6%
2011 -74.33 Million USD -8.23%
2010 -68.68 Million USD 0.0%

Peer Operating Expenses Comparison of Alerus Financial Corporation

Name Operating Expenses Operating Expenses Difference
Heritage Financial Corporation 243.81 Million USD 31.848%
LCNB Corp. 39.26 Million USD -323.245%
Medallion Bank 22.07 Million USD -652.768%
MidWestOne Financial Group, Inc. 162.59 Million USD -2.196%
Amerant Bancorp Inc. 328.9 Million USD 49.48%
Northrim BanCorp, Inc. 85.01 Million USD -95.46%
Northwest Bancshares, Inc. 547.81 Million USD 69.667%
Old National Bancorp 1.01 Billion USD 83.563%
OP Bancorp 82.86 Million USD -100.519%
Pioneer Bancorp, Inc. 53.95 Million USD -207.989%
Peoples Bancorp Inc. 197.96 Million USD 16.064%
Peoples Financial Services Corp. 100.9 Million USD -64.676%
Pinnacle Financial Partners, Inc. 705.86 Million USD 76.459%
Republic Bancorp, Inc. 170.59 Million USD 2.595%
Richmond Mutual Bancorporation, Inc. 42.06 Million USD -294.984%
Red River Bancshares, Inc. 54.56 Million USD -204.512%
BayCom Corp 104.44 Million USD -59.088%
Riverview Bancorp, Inc. 48.32 Million USD -243.83%
Burke & Herbert Bank & Trust Company 110.93 Million USD -49.787%
Shore Bancshares, Inc. 159.65 Million USD -4.081%
Southern Missouri Bancorp, Inc. 164.32 Million USD -1.119%
Brookline Bancorp, Inc. 198.05 Million USD 16.1%
Territorial Bancorp Inc. 37.28 Million USD -345.653%
Texas Capital Bancshares, Inc. 25.85 Million USD -542.709%
Capital Bancorp, Inc. 166.5 Million USD 0.201%
William Penn Bancorporation 17.63 Million USD -842.465%
WesBanco, Inc. 297.02 Million USD 44.056%
Waterstone Financial, Inc. 104.52 Million USD -58.972%
Wintrust Financial Corporation 1.11 Billion USD 85.04%
Zions Bancorporation, National Association 2.09 Billion USD 92.076%
The First Bancshares, Inc. 290.17 Million USD 42.736%
First Community Corporation 54.52 Million USD -204.758%
First Guaranty Bancshares, Inc. 52.37 Million USD -217.256%
First Interstate BancSystem, Inc. 656.8 Million USD 74.701%
FinWise Bancorp 76.23 Million USD -117.954%
Fifth Third Bancorp 3.76 Billion USD 95.582%
Farmers & Merchants Bancorp, Inc. 94.69 Million USD -75.482%
First United Corporation 43.31 Million USD -283.622%
Hope Bancorp, Inc. 276.18 Million USD 39.836%
MainStreet Bancshares, Inc. 79.58 Million USD -108.791%
Landmark Bancorp, Inc. 2.45 Million USD -6676.754%
Flushing Financial Corporation 121.95 Million USD -36.255%
Pinnacle Financial Partners, Inc. 705.86 Million USD 76.459%
FS Bancorp, Inc. 70.78 Million USD -134.747%
Renasant Corporation 13.67 Million USD -1115.463%
TFS Financial Corporation 63.5 Million USD -161.65%
First Financial Corporation 209.96 Million USD 20.86%
United Security Bancshares 25.95 Million USD -540.233%
USCB Financial Holdings, Inc. 32.84 Million USD -405.91%
Valley National Bancorp 868.72 Million USD 80.872%
WSFS Financial Corporation 425.71 Million USD 60.968%
Auburn National Bancorporation, Inc. 16.35 Million USD -916.057%
Merchants Bancorp 559.33 Million USD 70.292%
Cullman Bancorp, Inc. 11.42 Million USD -1354.916%
Columbia Banking System, Inc. 1.99 Billion USD 91.68%
Fidelity D & D Bancorp, Inc. 44.91 Million USD -269.965%
First Guaranty Bancshares, Inc. 52.37 Million USD -217.256%
Merchants Bancorp 559.33 Million USD 70.292%
Mid Penn Bancorp, Inc. 165.01 Million USD -0.696%
NBT Bancorp Inc. 517.77 Million USD 67.908%
Southern California Bancorp 97.51 Million USD -70.397%
Civista Bancshares, Inc. 160.23 Million USD -3.699%
Simmons First National Corporation 371.4 Million USD 55.261%
HomeStreet, Inc. 38.8 Million USD -328.164%
MVB Financial Corp. 146.48 Million USD -13.437%
CrossFirst Bankshares, Inc. 245.43 Million USD 32.298%
First Mid Bancshares, Inc. 274.92 Million USD 39.56%
Veritex Holdings, Inc. 196.38 Million USD 15.386%
Independent Bank Corp. 722.12 Million USD 76.989%
Kearny Financial Corp. 140.6 Million USD -18.183%
HarborOne Bancorp, Inc. 166.35 Million USD 0.112%
NB Bancorp, Inc. Common Stock 145.63 Million USD -14.098%
OptimumBank Holdings, Inc. 27.16 Million USD -511.692%
Univest Financial Corporation 296.82 Million USD 44.018%
Bank OZK 347.58 Million USD 52.194%
OceanFirst Financial Corp. 209.01 Million USD 20.499%
The Bank of Princeton 38.75 Million USD -328.793%
Provident Bancorp, Inc. 64.07 Million USD -159.318%
Mercantile Bank Corporation 225.68 Million USD 26.374%
Premier Financial Corp. 300.56 Million USD 44.715%
Citizens Financial Services, Inc. 91.86 Million USD -80.881%
Oconee Federal Financial Corp. 3.3 Million USD -4929.237%
First Financial Northwest, Inc. 43.31 Million USD -283.613%
ESSA Bancorp, Inc. 15.03 Million USD -1005.415%
First Western Financial, Inc. 70.01 Million USD -137.336%
Triumph Financial, Inc. 417.5 Million USD 60.2%
QCR Holdings, Inc. 188.67 Million USD 11.931%
ChoiceOne Financial Services, Inc. 80.79 Million USD -105.674%
Blue Foundry Bancorp 43.72 Million USD -280.034%
Huntington Bancshares Incorporated 115 Million USD -44.492%
First Bank 52.01 Million USD -219.464%
Five Star Bancorp 38.3 Million USD -333.763%
Financial Institutions, Inc. 116.18 Million USD -43.021%
CF Bankshares Inc. 51.05 Million USD -225.484%
United Bankshares, Inc. 1.04 Billion USD 84.136%
Capital City Bank Group, Inc. 223.61 Million USD 25.691%
RBB Bancorp 63.59 Million USD -161.3%
Southern States Bancshares, Inc. 30.96 Million USD -436.556%
Northeast Bank 151.19 Million USD -9.9%
Hawthorn Bancshares, Inc. 38.48 Million USD -331.791%
SmartFinancial, Inc. 152.4 Million USD -9.029%
AmeriServ Financial, Inc. 52.4 Million USD -217.056%
FFBW, Inc. 8.42 Million USD -1871.361%
Sandy Spring Bancorp, Inc. 419.33 Million USD 60.374%
Citizens & Northern Corporation 103.13 Million USD -61.115%
Preferred Bank 64.95 Million USD -155.805%
Primis Financial Corp. 143.96 Million USD -15.424%
Union Bankshares, Inc. 26.02 Million USD -538.412%
CNB Financial Corporation 218.13 Million USD 23.826%
Sound Financial Bancorp, Inc. 38.84 Million USD -327.789%
Fulton Financial Corporation 581.41 Million USD 71.421%
Generations Bancorp NY, Inc. 12.78 Million USD -1200.203%
Ames National Corporation 53.84 Million USD -208.629%
United Bancorp, Inc. 14.89 Million USD -1015.358%
SB Financial Group, Inc. 56.99 Million USD -191.55%
Wintrust Financial Corporation 1.11 Billion USD 85.04%
Hanmi Financial Corporation 125.27 Million USD -32.644%
Commerce Bancshares, Inc. 1.58 Billion USD 89.524%
BOK Financial Corporation 1.97 Billion USD 91.586%
Southern First Bancshares, Inc. 87.51 Million USD -89.874%
Middlefield Banc Corp. 71.89 Million USD -131.126%
Eagle Bancorp Montana, Inc. 83.31 Million USD -99.45%
Coastal Financial Corporation 517 Thousand USD -32040.426%
Glen Burnie Bancorp 11.63 Million USD -1327.788%
Northfield Bancorp, Inc. (Staten Island, NY) 136.56 Million USD -21.677%
CNB Financial Corporation 218.13 Million USD 23.826%
Investar Holding Corporation 49.63 Million USD -234.783%
West Bancorporation, Inc. 41.04 Million USD -304.868%
Plumas Bancorp 80.09 Million USD -107.466%
Eagle Bancorp, Inc. 312.08 Million USD 46.756%
SR Bancorp, Inc. Common stock 26.88 Million USD -518.177%
Columbia Financial, Inc. 233.25 Million USD 28.762%
First Community Bankshares, Inc. 156.22 Million USD -6.361%
Pathfinder Bancorp, Inc. 43.07 Million USD -285.751%
Popular, Inc. 2.64 Billion USD 93.716%
TowneBank 391.59 Million USD 57.567%
Arrow Financial Corporation 133.94 Million USD -24.052%
Colony Bankcorp, Inc. 71.59 Million USD -132.079%
Trustmark Corporation 360.28 Million USD 53.88%
Wintrust Financial Corporation 1.11 Billion USD 85.04%
Finward Bancorp 65.3 Million USD -154.462%
Provident Financial Holdings, Inc. 38.86 Million USD -327.558%
Eastern Bankshares, Inc. 308.19 Million USD 46.083%
Esquire Financial Holdings, Inc. 49.26 Million USD -237.297%
Bank First Corporation 137.47 Million USD -20.874%
Peapack-Gladstone Financial Corporation 122.12 Million USD -36.058%
Camden National Corporation 156.33 Million USD -6.29%
Stock Yards Bancorp, Inc. 158.1 Million USD -5.102%
BCB Bancorp, Inc. 108.15 Million USD -53.644%
Oak Valley Bancorp 82.43 Million USD -101.577%
Summit State Bank 18.38 Million USD -803.764%
MainStreet Bancshares, Inc. 79.58 Million USD -108.791%
C&F Financial Corporation 79.7 Million USD -108.484%
Valley National Bancorp 868.72 Million USD 80.872%
SHF Holdings, Inc. 17.99 Million USD -823.464%
Bridgewater Bancshares, Inc. 49.65 Million USD -234.621%
Westamerica Bancorporation 323.64 Million USD 48.658%
Chemung Financial Corporation 97.95 Million USD -69.628%
Hancock Whitney Corporation 716.83 Million USD 76.819%
Fifth Third Bancorp 3.76 Billion USD 95.582%
Sierra Bancorp 118.16 Million USD -40.624%
ACNB Corporation 106.42 Million USD -56.13%
City Holding Company 108.13 Million USD -53.66%
Rhinebeck Bancorp, Inc. 28.2 Million USD -489.158%
Enterprise Financial Services Corp 541.18 Million USD 69.296%
PB Bankshares, Inc. 12.78 Million USD -1199.288%
Ponce Financial Group, Inc. 68.66 Million USD -142.002%
Guaranty Bancshares, Inc. 116.58 Million USD -42.523%
Broadway Financial Corporation 34.81 Million USD -377.228%
Lake Shore Bancorp, Inc. 26.99 Million USD -515.589%
Affinity Bancshares, Inc. 29.66 Million USD -460.16%
Business First Bancshares, Inc. 247.42 Million USD 32.841%
Amalgamated Financial Corp. 285.71 Million USD 41.842%
German American Bancorp, Inc. 144.49 Million USD -14.996%
Citizens Community Bancorp, Inc. 34.74 Million USD -378.231%
Meridian Corporation 100.9 Million USD -64.672%
Capitol Federal Financial, Inc. 4.26 Million USD -3796.951%
Old Second Bancorp, Inc. 280.98 Million USD 40.863%
First National Corporation 53.57 Million USD -210.173%
Huntington Bancshares Incorporated 115 Million USD -44.492%
Western New England Bancorp, Inc. 78.8 Million USD -110.846%
Hingham Institution for Savings 25.55 Million USD -550.203%
CFSB Bancorp, Inc. 7.49 Million USD -2116.433%
Old National Bancorp 1.01 Billion USD 83.563%
Bank7 Corp. 91.78 Million USD -81.032%
Carver Bancorp, Inc. 29.28 Million USD -467.429%
Fifth Third Bancorp 3.76 Billion USD 95.582%
Bank OZK 347.58 Million USD 52.194%
Hanover Bancorp, Inc. 32.1 Million USD -417.538%
OceanFirst Financial Corp. 209.01 Million USD 20.499%
Fulton Financial Corporation 581.41 Million USD 71.421%
Equity Bancshares, Inc. 136.98 Million USD -21.306%
Ameris Bancorp 1.04 Billion USD 84.061%
Pathward Financial, Inc. 233.43 Million USD 28.818%
Independent Bank Group, Inc. 507.66 Million USD 67.269%
Bank of Marin Bancorp 65.53 Million USD -153.565%
Carter Bankshares, Inc. 136.61 Million USD -21.633%
First Citizens BancShares, Inc. 4.27 Billion USD 96.111%
1st Source Corporation 369.27 Million USD 55.001%
BancFirst Corporation 257.15 Million USD 35.382%
Huntington Bancshares Incorporated 115 Million USD -44.492%
South Plains Financial, Inc. 131.53 Million USD -26.326%
Old National Bancorp 1.01 Billion USD 83.563%
Independent Bank Corporation 109.27 Million USD -52.069%
S&T Bancorp, Inc. 407.03 Million USD 59.176%
PCB Bancorp 99.18 Million USD -67.528%
Parke Bancorp, Inc. 18.65 Million USD -790.636%
Bogota Financial Corp. 16.11 Million USD -931.286%
Pacific Premier Bancorp, Inc. 7.08 Million USD -2246.977%
Catalyst Bancorp, Inc. 7.68 Million USD -2062.493%
SHF Holdings, Inc. 17.99 Million USD -823.464%
BayFirst Financial Corp. 56.23 Million USD -195.469%
Patriot National Bancorp, Inc. 34.24 Million USD -385.213%
MetroCity Bankshares, Inc. 47.72 Million USD -248.167%
First Capital, Inc. 42.22 Million USD -293.572%
Peoples Bancorp of North Carolina, Inc. 37.06 Million USD -348.273%
Mid-Southern Bancorp, Inc. 2.95 Million USD -5528.93%
Texas Capital Bancshares, Inc. 25.85 Million USD -542.709%
Orrstown Financial Services, Inc. 71.46 Million USD -132.511%
First Hawaiian, Inc. 805.31 Million USD 79.366%
First Merchants Corporation 651 Million USD 74.475%
Signature Bank 74.03 Million USD -124.439%
Enterprise Bancorp, Inc. 170.69 Million USD 2.652%
TriCo Bancshares 411.13 Million USD 59.583%
First Business Financial Services, Inc. - USD -Infinity%
Zions Bancorporation, National Association 2.09 Billion USD 92.076%
Midland States Bancorp, Inc. 298.4 Million USD 44.315%
First Financial Bankshares, Inc. 243.29 Million USD 31.703%
Merchants Bancorp 559.33 Million USD 70.292%
Tectonic Financial, Inc. 36.58 Million USD -354.204%
First US Bancshares, Inc. 22.41 Million USD -641.283%
The Bancorp, Inc. 168.22 Million USD 1.223%
Merchants Bancorp 559.33 Million USD 70.292%
Old Point Financial Corporation 61.96 Million USD -168.183%
ConnectOne Bancorp, Inc. 269.1 Million USD 38.253%
John Marshall Bancorp, Inc. 22.71 Million USD -631.59%
First Bancorp 404.29 Million USD 58.9%
Community West Bancshares 88.11 Million USD -88.583%
The First Bancorp, Inc. 31.83 Million USD -421.895%
Farmers National Banc Corp. 78.95 Million USD -110.465%
First Internet Bancorp - Fixed- 95.31 Million USD -74.334%
International Bancshares Corporation 275.35 Million USD 39.654%
Washington Federal, Inc. 1.17 Billion USD 85.875%
Bridgewater Bancshares, Inc. 49.65 Million USD -234.621%
Bank of the James Financial Group, Inc. 41.8 Million USD -297.507%
Valley National Bancorp 868.72 Million USD 80.872%
Lakeland Financial Corporation 246.89 Million USD 32.697%
The First of Long Island Corporation 92.96 Million USD -78.748%
CVB Financial Corp. 191.18 Million USD 13.088%
Orange County Bancorp, Inc. 101.69 Million USD -63.404%
Heritage Commerce Corp 192.22 Million USD 13.555%
First Financial Bancorp. 387.41 Million USD 57.109%
National Bankshares, Inc. 24.61 Million USD -575.17%
Virginia National Bankshares Corporation 58.07 Million USD -186.148%
TrustCo Bank Corp NY 94.44 Million USD -75.947%
First Busey Corporation 441.83 Million USD 62.392%
Dime Community Bancshares, Inc. 175.9 Million USD 5.535%
Triumph Financial, Inc. 417.5 Million USD 60.2%
Zions Bancorporation, National Association 2.09 Billion USD 92.076%
Greene County Bancorp, Inc. 64.88 Million USD -156.085%
WesBanco, Inc. 297.02 Million USD 44.056%
Midland States Bancorp, Inc. 298.4 Million USD 44.315%
Huntington Bancshares Incorporated 115 Million USD -44.492%
NSTS Bancorp, Inc. 4.95 Million USD -3254.856%
Dime Community Bancshares, Inc. 175.9 Million USD 5.535%
UMB Financial Corporation 1.32 Billion USD 87.468%
1895 Bancorp of Wisconsin, Inc. 12.35 Million USD -1245.474%
Home Federal Bancorp, Inc. of Louisiana 20.38 Million USD -715.339%
Timberland Bancorp, Inc. 14.69 Million USD -1030.919%
Cathay General Bancorp 810.03 Million USD 79.487%
HomeTrust Bancshares, Inc. 113.39 Million USD -46.533%
CB Financial Services, Inc. 31.06 Million USD -434.949%
First Savings Financial Group, Inc. -66.52 Million USD 349.772%
HBT Financial, Inc. 225.71 Million USD 26.383%
Kentucky First Federal Bancorp 2.45 Million USD -6665.717%
Fifth Third Bancorp 3.76 Billion USD 95.582%
FVCBankcorp, Inc. 42.13 Million USD -294.356%
Magyar Bancorp, Inc. -41.08 Million USD 504.454%
Heartland Financial USA, Inc. 580.38 Million USD 71.37%
First Merchants Corporation 651 Million USD 74.475%
Third Coast Bancshares, Inc. 147.05 Million USD -12.994%
ECB Bancorp, Inc. 25.84 Million USD -543.008%
Republic First Bancorp, Inc. -128.25 Million USD 229.56%
Heartland Financial USA, Inc. 580.38 Million USD 71.37%
Unity Bancorp, Inc. 102.22 Million USD -62.556%
Franklin Financial Services Corporation 67.25 Million USD -147.076%
SouthState Corporation 28.02 Million USD -493.005%
Bankwell Financial Group, Inc. 99.31 Million USD -67.321%
Banner Corporation 335.51 Million USD 50.475%
Hancock Whitney Corporation - 6 716.83 Million USD 76.819%
Washington Federal, Inc. 1.17 Billion USD 85.875%
Sterling Bancorp, Inc. (Southfield, MI) 63.22 Million USD -162.825%
Stellar Bancorp, Inc. 11.58 Million USD -1334.692%
Atlantic Union Bankshares Corporation 233.1 Million USD 28.717%
Great Southern Bancorp, Inc. 223.28 Million USD 25.582%
ConnectOne Bancorp, Inc. 269.1 Million USD 38.253%
First Citizens BancShares, Inc. 4.27 Billion USD 96.111%
Norwood Financial Corp. 70.19 Million USD -136.734%
First Citizens BancShares, Inc. 4.27 Billion USD 96.111%
Enterprise Financial Services Corp 541.18 Million USD 69.296%
First Foundation Inc. 15.18 Million USD -994.349%
Seacoast Banking Corporation of Florida 289.38 Million USD 42.58%
Northeast Community Bancorp, Inc. 25.22 Million USD -558.866%
Southside Bancshares, Inc. 250.86 Million USD 33.762%
BankFinancial Corporation 37.36 Million USD -344.746%
United Bancshares, Inc. 38.74 Million USD -328.893%
Penns Woods Bancorp, Inc. 63.33 Million USD -162.344%
First Seacoast Bancorp 14.56 Million USD -1040.937%
Home Bancorp, Inc. 135.32 Million USD -22.788%
Texas Community Bancshares, Inc. 11.41 Million USD -1355.426%
Bank of South Carolina Corporation 2.61 Million USD -6262.857%
First Northwest Bancorp 65.45 Million USD -153.875%
First Internet Bancorp 95.31 Million USD -74.334%
Ohio Valley Banc Corp. 34.73 Million USD -378.327%
TC Bancshares, Inc. 15.06 Million USD -1002.753%
HMN Financial, Inc. -34.92 Million USD 575.793%
IF Bancorp, Inc. 22.11 Million USD -651.406%
Horizon Bancorp, Inc. 118.37 Million USD -40.37%