Alerus Financial Corporation

NasdaqCM:ALRS

Market Cap

USD 535.22 M

Share Price

USD 21.10

Avg Daily Volume

77,179

Change (1 day)

0.19%

Change (1 year)

13.87%

Change (YTD)

9.67%

Alerus Financial Corporation Selling, General, and Administrative Expenses (SG&A) for the Trailing 12 Months (TTM) ending March 31, 2025: USD 133.69 M

Alerus Financial Corporation Selling, General, and Administrative Expenses (SG&A) is USD 133.69 M for the Trailing 12 Months (TTM) ending March 31, 2025, a 68.02% change year over year. Selling, general, and administrative (SG&A) expenses are the expenses related to the sales and marketing efforts, as well as general and administrative functions of a company.
  • Alerus Financial Corporation Selling, General, and Administrative Expenses (SG&A) for the Trailing 12 Months (TTM) ending March 31, 2024 was USD 79.56 M, a -5.40% change year over year.
  • Alerus Financial Corporation Selling, General, and Administrative Expenses (SG&A) for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 84.10 M, a -8.43% change year over year.
  • Alerus Financial Corporation Selling, General, and Administrative Expenses (SG&A) for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 91.84 M, a -5.68% change year over year.
  • Alerus Financial Corporation Selling, General, and Administrative Expenses (SG&A) for the Trailing 12 Months (TTM) ending March 31, 2021 was USD 97.37 M, a 10.28% change year over year.
Key data
Date Selling, General, and Administrative Expenses (SG&A) Research and Development (R&D) Expenses Revenue Revenue
Market news
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NasdaqCM: ALRS

Alerus Financial Corporation

CEO Mr. Daniel Edmund Coughlin
IPO Date March 20, 2003
Location United States
Headquarters 401 Demers Avenue
Employees 846
Sector 💰 Finance
Industries
Description

Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.

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