ALRS
Alerus Financial Corporation
Price Chart
Latest Quote
$25.06
Current Price| Previous Close | $24.62 |
| Open | $24.67 |
| Day High | $25.44 |
| Day Low | $24.52 |
| Volume | 154,153 |
Stock Information
| Quarterly Dividend / Yield | $0.83 / 3.31% |
| Shares Outstanding | 25.41M |
| Total Debt | $404.26M |
| Cash Equivalents | $68.95M |
| Revenue | $223.82M |
| Net Income | $17.47M |
| Sector | Financial Services |
| Industry | Banks - Regional |
| Market Cap | $636.68M |
| P/E Ratio | 36.85 |
| EPS (TTM) | $0.68 |
| Exchange | NCM |
đ Custom Metrics & Score
Score: 3/42| Debt to Equity | 0.64 |
| Debt to Earnings | 13.69 |
| Avg Revenue Growth | -1.56% |
| Profit Margin | 8.24% |
| Return on Equity | 3.59% |
| Avg FCF Growth | -22.20% |
| FCF Yield | 2.61% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $25.06 | 172,300 |
| 2026-01-30 | $24.62 | 185,100 |
| 2026-01-29 | $24.36 | 257,200 |
| 2026-01-28 | $23.80 | 190,400 |
| 2026-01-27 | $23.97 | 153,600 |
| 2026-01-26 | $23.74 | 145,500 |
| 2026-01-23 | $23.66 | 84,700 |
| 2026-01-22 | $24.80 | 143,600 |
| 2026-01-21 | $24.50 | 109,200 |
| 2026-01-20 | $23.40 | 187,000 |
| 2026-01-16 | $23.94 | 121,500 |
| 2026-01-15 | $24.15 | 193,500 |
| 2026-01-14 | $23.98 | 101,200 |
| 2026-01-13 | $23.61 | 114,400 |
| 2026-01-12 | $23.62 | 177,500 |
| 2026-01-09 | $24.15 | 117,200 |
| 2026-01-08 | $23.81 | 196,200 |
| 2026-01-07 | $23.21 | 135,700 |
| 2026-01-06 | $23.37 | 116,400 |
| 2026-01-05 | $23.36 | 227,200 |
About Alerus Financial Corporation
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 through 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, 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.
đ° Latest News
Alerus Financial Corp (ALRS) Q4 2025 Earnings Call Highlights: Strategic Deleveraging and ...
GuruFocus.com âĸ 2026-01-29T23:02:14Z
Alerus Financial Q4 Earnings Call Highlights
MarketBeat âĸ 2026-01-29T22:09:21Z
Best Value Stocks to Buy for January 29th
Zacks âĸ 2026-01-29T09:41:00Z
Compared to Estimates, Alerus (ALRS) Q4 Earnings: A Look at Key Metrics
Zacks âĸ 2026-01-29T00:30:02Z
Alerus (ALRS) Q4 Earnings Top Estimates
Zacks âĸ 2026-01-28T23:15:01Z
Alerus: Q4 Earnings Snapshot
Associated Press Finance âĸ 2026-01-28T22:20:22ZShould Value Investors Buy Alerus Financial (ALRS) Stock?
Zacks âĸ 2026-01-27T14:40:02Z
What Makes Alerus (ALRS) a Strong Momentum Stock: Buy Now?
Zacks âĸ 2026-01-16T17:00:05Z
Alerus Financial (ALRS) Hit a 52 Week High, Can the Run Continue?
Zacks âĸ 2026-01-12T14:15:03Z
The past five years for Alerus Financial (NASDAQ:ALRS) investors has not been profitable
Simply Wall St. âĸ 2026-01-07T11:02:12Z
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Revenue | $215,872,000 | $166,116,000 | $208,736,000 | $230,236,000 |
| Operating Revenue | $215,872,000 | $166,116,000 | $208,736,000 | $230,236,000 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $114,534,000 | $77,044,000 | $15,848,000 | $5,558,000 |
| Selling And Marketing Expense | $3,249,000 | $3,027,000 | $3,350,000 | $3,182,000 |
| General And Administrative Expense | $87,311,000 | $76,290,000 | $80,656,000 | $93,386,000 |
| Professional Expense And Contract Services Expense | $19,597,000 | $6,743,000 | $8,367,000 | $6,292,000 |
| Other Non Interest Expense | $53,814,000 | $49,422,000 | $51,855,000 | $49,271,000 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $17,780,000 | $11,696,000 | $40,005,000 | $52,681,000 |
| Net Interest Income | $107,045,000 | $87,839,000 | $99,729,000 | $87,099,000 |
| Interest Income | $221,579,000 | $164,883,000 | $115,577,000 | $92,657,000 |
| Normalized Income | $14,753,312 | $11,659,100 | $39,979,689 | $52,681,000 |
| Net Income From Continuing And Discontinued Operation | $17,780,000 | $11,696,000 | $40,005,000 | $52,681,000 |
| Net Income Common Stockholders | $17,743,000 | $11,701,000 | $39,589,000 | $51,879,000 |
| Net Income | $17,780,000 | $11,696,000 | $40,005,000 | $52,681,000 |
| Net Income Including Noncontrolling Interests | $17,780,000 | $11,696,000 | $40,005,000 | $52,681,000 |
| Net Income Continuous Operations | $17,780,000 | $11,696,000 | $40,005,000 | $52,681,000 |
| Pretax Income | $23,159,000 | $15,854,000 | $52,182,000 | $69,077,000 |
| Special Income Charges | $3,941,000 | $50,000 | $33,000 | - |
| Depreciation Amortization Depletion Income Statement | $6,776,000 | $5,296,000 | $4,754,000 | $4,380,000 |
| Depreciation And Amortization In Income Statement | $6,776,000 | $5,296,000 | $4,754,000 | $4,380,000 |
| Amortization Of Intangibles Income Statement | $6,776,000 | $5,296,000 | $4,754,000 | $4,380,000 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | $0.98 | $0.58 | $2.10 | $2.97 |
| Basic EPS | $1.00 | $0.59 | $2.12 | $3.02 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $914,312 | $13,100 | $7,689 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Total Unusual Items | $3,941,000 | $50,000 | $33,000 | - |
| Total Unusual Items Excluding Goodwill | $3,941,000 | $50,000 | $33,000 | - |
| Reconciled Depreciation | $14,880,000 | $8,510,000 | $8,238,000 | $8,810,000 |
| Diluted Average Shares | $21,321,000 | $20,143,000 | $18,884,000 | $17,486,000 |
| Basic Average Shares | $21,047,000 | $19,922,000 | $18,640,000 | $17,189,000 |
| Diluted NI Availto Com Stockholders | $17,743,000 | $11,701,000 | $39,589,000 | $51,879,000 |
| Otherunder Preferred Stock Dividend | $37,000 | $-5,000 | $416,000 | $802,000 |
| Tax Provision | $5,379,000 | $4,158,000 | $12,177,000 | $16,396,000 |
| Other Special Charges | $-3,941,000 | $-50,000 | $-33,000 | - |
| Gain On Sale Of Security | $0 | $-24,643,000 | $0 | $125,000 |
| Amortization | $6,776,000 | $5,296,000 | $4,754,000 | $4,380,000 |
| Selling General And Administration | $90,560,000 | $79,317,000 | $84,006,000 | $96,568,000 |
| Salaries And Wages | $87,311,000 | $76,290,000 | $80,656,000 | $93,386,000 |
| Occupancy And Equipment | $7,766,000 | $7,477,000 | $7,605,000 | $8,148,000 |
| Other Gand A | - | - | - | $23,289,000 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $357,976,000 | $303,134,000 | $284,687,000 | $305,783,000 |
| Total Assets | $5,261,673,000 | $3,907,713,000 | $3,779,637,000 | $3,392,691,000 |
| Goodwill And Other Intangible Assets | $137,434,000 | $65,993,000 | $72,185,000 | $53,620,000 |
| Other Intangible Assets | $51,800,000 | $19,210,000 | $25,098,000 | $22,130,000 |
| Prepaid Assets | $7,744,000 | $5,766,000 | $6,770,000 | $5,325,000 |
| Receivables | $56,311,000 | $57,283,000 | $48,051,000 | $32,269,000 |
| Other Receivables | $36,236,000 | $41,583,000 | $35,182,000 | $23,732,000 |
| Accounts Receivable | $20,075,000 | $15,700,000 | $12,869,000 | $8,537,000 |
| Cash And Cash Equivalents | $61,239,000 | $129,893,000 | $58,242,000 | $242,311,000 |
| Cash Cash Equivalents And Federal Funds Sold | $61,239,000 | $129,893,000 | $58,242,000 | $242,311,000 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Debt | $236,790,000 | $243,233,000 | $378,681,000 | - |
| Total Debt | $317,020,000 | $378,877,000 | $442,825,000 | $63,208,000 |
| Long Term Debt And Capital Lease Obligation | $78,060,000 | $64,707,000 | $64,745,000 | $63,208,000 |
| Long Term Debt | $59,069,000 | $58,956,000 | $58,843,000 | $58,730,000 |
| Current Debt And Capital Lease Obligation | $238,960,000 | $314,170,000 | $378,080,000 | $0 |
| Current Debt | $238,960,000 | $314,170,000 | $378,080,000 | $0 |
| Other Current Borrowings | $238,960,000 | $314,170,000 | $378,080,000 | $0 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $4,766,263,000 | $3,538,586,000 | $3,422,765,000 | $3,033,288,000 |
| Payables And Accrued Expenses | - | - | $64,456,000 | $49,529,000 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $495,410,000 | $369,127,000 | $356,872,000 | $359,403,000 |
| Total Equity Gross Minority Interest | $495,410,000 | $369,127,000 | $356,872,000 | $359,403,000 |
| Stockholders Equity | $495,410,000 | $369,127,000 | $356,872,000 | $359,403,000 |
| Gains Losses Not Affecting Retained Earnings | $-73,366,000 | $-73,655,000 | $-98,641,000 | $-4,255,000 |
| Other Equity Adjustments | $-73,366,000 | $-73,655,000 | $-98,641,000 | $-4,255,000 |
| Retained Earnings | $273,723,000 | $272,705,000 | $280,426,000 | $253,567,000 |
| Long Term Equity Investment | $13,000 | $14,000 | $14,000 | $14,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Ordinary Shares Number | $25,344,803 | $19,734,077 | $19,991,681 | $17,212,588 |
| Share Issued | $25,344,803 | $19,734,077 | $19,991,681 | $17,212,588 |
| Tangible Book Value | $357,976,000 | $303,134,000 | $284,687,000 | $305,783,000 |
| Invested Capital | $793,439,000 | $742,253,000 | $793,795,000 | $418,133,000 |
| Capital Lease Obligations | $18,991,000 | $5,751,000 | $5,902,000 | $4,478,000 |
| Total Capitalization | $554,479,000 | $428,083,000 | $415,715,000 | $418,133,000 |
| Additional Paid In Capital | $269,708,000 | $150,343,000 | $155,095,000 | $92,878,000 |
| Capital Stock | $25,345,000 | $19,734,000 | $19,992,000 | $17,213,000 |
| Common Stock | $25,345,000 | $19,734,000 | $19,992,000 | $17,213,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $18,991,000 | $5,751,000 | $5,902,000 | $4,478,000 |
| Investments And Advances | $866,960,000 | $786,265,000 | $1,039,240,000 | $1,205,724,000 |
| Held To Maturity Securities | $275,585,000 | $299,515,000 | $321,902,000 | $352,061,000 |
| Trading Securities | $3,309,000 | $0 | - | - |
| Goodwill | $85,634,000 | $46,783,000 | $47,087,000 | $31,490,000 |
| Net PPE | $53,218,000 | $23,376,000 | $22,707,000 | $22,097,000 |
| Accumulated Depreciation | $-45,533,000 | $-51,517,000 | $-52,549,000 | $-49,525,000 |
| Gross PPE | $98,751,000 | $74,893,000 | $75,256,000 | $71,622,000 |
| Leases | $2,657,000 | $2,657,000 | - | - |
| Other Properties | $13,438,000 | $5,436,000 | $8,076,000 | $6,384,000 |
| Machinery Furniture Equipment | $38,540,000 | $34,086,000 | $36,013,000 | $35,063,000 |
| Buildings And Improvements | $36,961,000 | $28,172,000 | $26,625,000 | $25,633,000 |
| Land And Improvements | $7,155,000 | $4,542,000 | $4,542,000 | $4,542,000 |
| Other Short Term Investments | $588,053,000 | $486,736,000 | $717,324,000 | $853,649,000 |
| Current Accrued Expenses | - | - | $64,456,000 | $49,529,000 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $16,590,000 | $25,711,000 | $101,177,000 | $148,126,000 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $28,960,000 | $28,884,000 | $102,966,000 | $149,832,000 |
| Cash Flow From Continuing Operating Activities | $28,960,000 | $28,884,000 | $102,966,000 | $149,832,000 |
| Operating Gains Losses | $-13,286,000 | $17,732,000 | $-10,279,000 | $-40,342,000 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-12,370,000 | $-3,173,000 | $-1,789,000 | $-1,706,000 |
| Investing Cash Flow | $-330,033,000 | $-51,990,000 | $-292,622,000 | $-417,658,000 |
| Cash Flow From Continuing Investing Activities | $-330,033,000 | $-51,990,000 | $-292,622,000 | $-417,658,000 |
| Net Other Investing Changes | $1,080,000 | $5,834,000 | $-14,619,000 | $-87,000 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repurchase Of Capital Stock | $-276,000 | $-6,638,000 | $-738,000 | $-712,000 |
| Financing Cash Flow | $232,419,000 | $94,757,000 | $5,587,000 | $337,175,000 |
| Cash Flow From Continuing Financing Activities | $232,419,000 | $94,757,000 | $5,587,000 | $337,175,000 |
| Cash Dividends Paid | $-15,445,000 | $-14,822,000 | $-12,800,000 | $-10,751,000 |
| Common Stock Dividend Paid | $-15,445,000 | $-14,822,000 | $-12,800,000 | $-10,751,000 |
| Net Common Stock Issuance | $-276,000 | $-6,638,000 | $-738,000 | $-712,000 |
| Issuance Of Capital Stock | - | - | - | $0 |
| Common Stock Issuance | - | - | - | $0 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $0 | $0 | $-203,000 | $-49,920,000 |
| Interest Paid Supplemental Data | $110,016,000 | $72,644,000 | $15,095,000 | $4,538,000 |
| Income Tax Paid Supplemental Data | $448,000 | $10,840,000 | $12,531,000 | $13,124,000 |
| End Cash Position | $61,239,000 | $129,893,000 | $58,242,000 | $242,311,000 |
| Beginning Cash Position | $129,893,000 | $58,242,000 | $242,311,000 | $172,962,000 |
| Changes In Cash | $-68,654,000 | $71,651,000 | $-184,069,000 | $69,349,000 |
| Common Stock Payments | $-276,000 | $-6,638,000 | $-738,000 | $-712,000 |
| Net Issuance Payments Of Debt | $-76,810,000 | $-63,910,000 | $377,877,000 | $80,000 |
| Net Short Term Debt Issuance | $-76,810,000 | $-63,910,000 | $378,080,000 | $0 |
| Net Long Term Debt Issuance | $0 | $0 | $-203,000 | $80,000 |
| Long Term Debt Payments | $0 | $0 | $-203,000 | $-49,920,000 |
| Net Investment Purchase And Sale | $106,873,000 | $259,969,000 | $38,425,000 | $-636,871,000 |
| Sale Of Investment | $216,980,000 | $259,969,000 | $134,025,000 | $153,087,000 |
| Purchase Of Investment | $-110,107,000 | $0 | $-95,600,000 | $-789,958,000 |
| Net Business Purchase And Sale | $8,610,000 | $0 | $101,511,000 | $0 |
| Net PPE Purchase And Sale | $-4,910,000 | $-3,173,000 | $-1,789,000 | $-1,706,000 |
| Sale Of PPE | $7,460,000 | $0 | $0 | $0 |
| Purchase Of PPE | $-12,370,000 | $-3,173,000 | $-1,789,000 | $-1,706,000 |
| Change In Working Capital | $-11,547,000 | $-16,235,000 | $11,023,000 | $-319,000 |
| Change In Other Current Assets | $1,288,000 | $-5,676,000 | $5,291,000 | $-7,309,000 |
| Change In Payables And Accrued Expense | $-11,490,000 | $-7,728,000 | $8,973,000 | $5,865,000 |
| Change In Accrued Expense | $-11,490,000 | $-7,728,000 | $8,973,000 | $5,865,000 |
| Change In Receivables | $-1,345,000 | $-2,831,000 | $-3,241,000 | $1,125,000 |
| Changes In Account Receivables | $-1,345,000 | $-2,831,000 | $-3,241,000 | $1,125,000 |
| Other Non Cash Items | $3,826,000 | $3,331,000 | $47,775,000 | $122,877,000 |
| Stock Based Compensation | $1,650,000 | $-1,147,000 | $1,904,000 | $3,095,000 |
| Deferred Tax | $-3,983,000 | $893,000 | $913,000 | $2,786,000 |
| Deferred Income Tax | $-3,983,000 | $893,000 | $913,000 | $2,786,000 |
| Depreciation Amortization Depletion | $14,880,000 | $8,510,000 | $8,238,000 | $8,810,000 |
| Depreciation And Amortization | $14,880,000 | $8,510,000 | $8,238,000 | $8,810,000 |
| Depreciation | $14,880,000 | $8,510,000 | $8,238,000 | $8,810,000 |
| Gain Loss On Investment Securities | $0 | $24,643,000 | $0 | $-125,000 |
| Gain Loss On Sale Of PPE | $-3,941,000 | $47,000 | $-669,000 | $-638,000 |
| Net Income From Continuing Operations | $17,780,000 | $11,696,000 | $40,005,000 | $52,681,000 |
| Issuance Of Debt | - | $0 | $0 | $50,000,000 |
| Long Term Debt Issuance | - | $0 | $0 | $50,000,000 |
| Sale Of Business | - | - | - | $0 |
| Purchase Of Business | - | - | - | $0 |
| Change In Other Working Capital | - | - | - | $-793,000 |
| Gain Loss On Sale Of Business | - | - | - | $0 |