How many employees does Alerus Financial Corporation have?

Alerus Financial Corporation reported 864 employees for the fiscal year ending Dec 2025, in the annual report it filed on March 4, 2026. That is down 3.1% from a year earlier.

What is Alerus Financial Corporation's revenue per employee?

Alerus Financial Corporation brought in $328M of revenue in fiscal Dec 2025, which is $379K per employee. That ranks 161 of 182 companies we track in Banks - Regional, where the median is $558K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Alerus Financial Corporation employees and revenue per employee

ALRS · Banks - Regional · $781M market cap

Alerus Financial Corporation had 864 employees at the end of fiscal Dec 2025, down 3.1% from a year earlier. Revenue for the year was $328M, down 3.1% from a year earlier, or $379K per employee. Revenue fell, and headcount fell or held flat with it.

Employees

864

-3.1% YoY

Revenue

$328M

-3.1% YoY

Revenue / employee

$379K

Peer median $558K

Rank in industry

161 of 182

Banks - Regional

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2019

Hover a year for the numbers.

ALRS employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	864	$328M	$379K	-3.1%	-3.1%
Dec 2024	892	$338M	$379K	+18.3%	+39.1%
Dec 2023	754	$243M	$323K	-9.9%	+8.3%
Dec 2022	837	$225M	$268K	+7.4%	-4.8%
Dec 2021	779	$236M	$303K	-1.9%	-1.7%
Dec 2020	794	$240M	$302K	+0.6%	+17.2%
Dec 2019	789	$205M	$259K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Alerus Financial Corporation against similar companies

The closest industry peers by revenue, from Banks - Regional.

Company	Employees	Revenue	Revenue / employee	Shape
NBBK NB Bancorp, Inc. Common Stock	526	$317M	$603K	Hiring ahead
NEWT NewtekOne, Inc.	572	$322M	$563K	Leaner
SMBK SmartFinancial, Inc.	581	$316M	$545K	Leaner
HFWA Heritage Financial Corporation	723	$336M	$465K	Leaner
MPB Mid Penn Bancorp, Inc.	705	$327M	$464K	Hiring ahead
SMBC Southern Missouri Bancorp, Inc.	711	$317M	$445K	Efficient growth
IBCP Independent Bank Corporation	735	$315M	$429K	Hiring into decline
ALRS Alerus Financial Corporation	864	$328M	$379K	Contracting
THFF First Financial Corporation	946	$326M	$345K	Efficient growth

Every Financial Services company

Questions about Alerus Financial Corporation

How many employees does Alerus Financial Corporation have?: Alerus Financial Corporation reported 864 employees for the fiscal year ending Dec 2025, in the annual report it filed on March 4, 2026. That is down 3.1% from a year earlier.
What is Alerus Financial Corporation's revenue per employee?: Alerus Financial Corporation brought in $328M of revenue in fiscal Dec 2025, which is $379K per employee. That ranks 161 of 182 companies we track in Banks - Regional, where the median is $558K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare ALRS with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

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Source: employee counts and revenue as stated in Alerus Financial Corporation's annual reports (Form 10-K), latest filed March 4, 2026. This is data, not a recommendation to buy or sell ALRS.