Alerus Financial Corporation ALRS R2K
Company Overview
Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States. The company operates in three segments: Banking, Retirement and Benefit Services, and Wealth. It offers demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, noninterest-bearing deposits, interest-bearing checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault, merchant, and other cash management services. The company also provides commercial loans, business term loans, and lines of credit; commercial real estate, and commercial and industrial loans; consumer lending products, including residential first mortgage loans; and installment loans, and loans collateralized by cash and marketable securities. In addition, it offers retirement plan, and investment advisory services, employee stock ownership plan, investment fiduciary services, health savings accounts, flex spending accounts, COBRA recordkeeping, and other administration 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 cards, personal and business loans, credit cards, online and mobile banking/wallet, private banking, deposit and payment solutions, mortgages, administration, and government health insurance program services. 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.
Why Investors Should Care
Operating margin of 40.0% supports profitability.
Offers a dividend yield of 2.81%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $220.72M (-1.4% YoY); net profit $17.44M.
- Trailing 12 Months Year-on-year growth — revenue +18.7%, earnings +71.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 1.9%, profit CAGR -24.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 1.88% |
| 1 Year: | 18.70% |
Compounded Profit Growth
| 5 Years: | -24.18% |
| 1 Year: | 71.20% |
Stock Price Performance
| 1 Year: | +43.37% |
| 6 Months: | +31.44% |
| 3 Months: | +25.76% |
| 1 Month: | +5.34% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)64.67 · Neutral
P/E of 29.75 is above the sector median of 13.30 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Attractive dividend yield of 2.81%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -24.2% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ALRS Alerus Financial Corporation R2K | 31.24 | 29.75 | $785.02M | 2.81% | - | 4.98% | 1.88% | -24.18% |
| 2 | JPM JPMorgan Chase & Co. SPX | 342.89 | 16.42 | $918.78B | 1.87% | - | 16.47% | 5.35% | 7.56% |
| 3 | BRK-B Berkshire Hathaway Inc. SPX | 491.09 | 14.61 | $686.70B | 0.00% | - | 10.50% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPX | 356.02 | 31.01 | $590.89B | 0.83% | 37.15% | 60.35% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPX | 538.02 | 31.10 | $471.86B | 0.71% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPX | 60.62 | 15.04 | $430.20B | 2.00% | - | 10.64% | 6.00% | 3.49% |
| 7 | MS Morgan Stanley SPX | 227.67 | 20.62 | $359.10B | 1.87% | - | 16.39% | 3.76% | 9.66% |
| 8 | GS The Goldman Sachs Group, Inc. SPX | 1,140.00 | 20.83 | $336.31B | 1.69% | - | 14.55% | - | 2.21% |
| 9 | WFC Wells Fargo & Company SPX | 85.29 | 13.18 | $261.00B | 2.11% | - | 12.03% | 4.02% | 15.98% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 68.25M | 73.86M | 71.54M | 7.07M | 75.05M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.02M | 27.39M | 27.51M | 25.21M | 22.07M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17.56M | 26.36M | 22.02M | -43.35M | 30.25M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.25M | 6.10M | 5.10M | -10.30M | 7.28M |
| Net Income | 6.86M | 5.60M | 7.37M | 6.03M | 6.44M | 8.35M | 7.10M | 7.65M | 5.36M | 11.47M | 17.66M | 10.18M | 15.21M | 11.69M | 13.07M | 10.18M | 9.29M | 9.62M | 8.19M | 9.10M | 9.16M | 6.43M | 6.21M | 5.21M | 13.31M | 20.25M | 16.92M | -33.05M | 22.97M |
| Diluted EPS | 0.49 | 0.40 | 0.52 | 0.43 | 0.46 | 0.59 | 0.48 | 0.43 | 0.30 | 0.65 | 0.99 | 0.63 | 0.86 | 0.66 | 0.74 | 0.57 | 0.52 | 0.47 | 0.40 | 0.45 | 0.45 | 0.32 | 0.31 | 0.26 | 0.52 | 0.78 | 0.65 | -1.28 | 0.89 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | 208.74M | 166.22M | 223.75M | 220.72M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | 15.85M | 77.04M | 114.53M | 107.14M |
| Pretax Income | - | - | - | - | - | 52.18M | 15.85M | 23.16M | 22.59M |
| Tax Provision | - | - | - | - | - | 12.18M | 4.16M | 5.38M | 5.15M |
| Net Income | 15.00M | 25.87M | 29.54M | 44.67M | - | 40.01M | 11.70M | 17.78M | 17.44M |
| Diluted EPS | 1.07 | 1.84 | 1.91 | 2.52 | - | 2.10 | 0.58 | 0.98 | 0.68 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 2.14B | 2.18B | 2.36B | 3.01B | - | 3.78B | 3.91B | 5.26B | 5.23B |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Cash & Equivalents | - | - | - | 144.01M | 172.96M | - | 58.24M | 129.89M | 61.24M | 67.19M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | 12.87M | 15.70M | 20.07M | 21.74M |
| Total Liabilities | - | - | 1.98B | 2.07B | 2.68B | - | 3.42B | 3.54B | 4.77B | 4.67B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long Term Debt | - | - | 58.82M | 58.77M | 58.73M | - | 58.84M | 58.96M | 59.07M | 59.18M |
| Total Debt | - | - | - | - | - | - | 442.82M | 378.88M | 317.02M | 404.26M |
| Total Equity | 139.22M | 148.10M | 162.46M | 285.73M | 330.16M | - | 356.87M | 369.13M | 495.41M | 564.93M |
| Shares Outstanding | - | - | - | - | - | - | 19.99M | 19.73M | 25.34M | 25.41M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 47.89M | 53.55M | 19.25M | -22.25M | - | 102.97M | 26.82M | 21.75M | 67.53M |
| Investing Cash Flow | -205.09M | -154.71M | -65.59M | -538.39M | - | -292.62M | -49.92M | -322.82M | 76.55M |
| Financing Cash Flow | 71.83M | 19.81M | 149.70M | 589.60M | - | 5.59M | 94.76M | 232.42M | -138.13M |
| Capital Expenditure | -2.95M | -3.75M | -2.90M | -3.81M | - | -1.79M | -3.07M | -12.37M | -8.70M |
| Free Cash Flow | 44.94M | 49.80M | 16.35M | -26.06M | - | 101.18M | 23.75M | 9.38M | 58.83M |
| Net Change in Cash | - | - | - | - | - | -184.07M | 71.65M | -68.65M | 5.95M |
| Share Buybacks | 294.00K | 356.00K | 1.95M | 482.00K | 712.00K | 738.00K | 6.64M | 276.00K | 737.00K |
| Dividends Paid | 6.73M | 7.46M | 8.91M | 10.39M | 10.75M | 12.80M | 14.82M | 15.45M | 20.82M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - | - | - |
| Net Margin % | - | - | - | - | - | 19.2% | 7.0% | 7.9% | 7.9% |
| ROE % | 10.1% | 15.9% | 10.3% | 13.5% | - | 11.2% | 3.2% | 3.6% | 3.1% |
| ROCE % | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Alerus Financial NA | 15.90% | 2.24M | $69.76M |
| 2 | Blackrock Inc. | 12.49% | 1.76M | $54.79M |
| 3 | Vanguard Capital Management LLC | 6.82% | 961.78K | $29.93M |
| 4 | Dimensional Fund Advisors LP | 6.29% | 886.82K | $27.60M |
| 5 | Geode Capital Management, LLC | 4.38% | 617.68K | $19.22M |
| 6 | Endeavour Capital Advisors Inc | 3.99% | 562.23K | $17.50M |
| 7 | State Street Corporation | 3.50% | 493.16K | $15.35M |
| 8 | M3F, Inc. | 2.96% | 417.11K | $12.98M |
| 9 | Ameriprise Financial, Inc. | 2.72% | 383.94K | $11.95M |
| 10 | Goldman Sachs Group Inc | 2.60% | 366.53K | $11.41M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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ALRS — Frequently Asked Questions
What is the current share price of Alerus Financial Corporation (ALRS)?
As of 2026-07-14 21:23 PDT, Alerus Financial Corporation (ALRS) trades at $31.24 on NasdaqCM. Its 52-week range is $19.74 to $31.56.
What is the market capitalisation of ALRS?
Alerus Financial Corporation (ALRS) has a market capitalisation of $785.02M on NasdaqCM.
What is the P/E ratio of ALRS?
ALRS trades at a trailing price-to-earnings (P/E) ratio of 29.75. The industry average P/E is 13.30. Its price-to-book (P/B) ratio is 1.33.
Does ALRS pay a dividend?
Alerus Financial Corporation (ALRS) currently offers a dividend yield of 2.81%.
What is the return on equity (ROE) of ALRS?
ALRS has a return on equity (ROE) of 4.98%.
Is ALRS a good stock to buy?
This page provides a data-driven analysis of Alerus Financial Corporation (ALRS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.