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Alerus Financial(NASDAQ) ALRS

Market Cap$836.03MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1991)+9,570%
5 Year+42%
1 Year+63%
1 Month+5%
$33.24
-0.95%
-0.32Today
After hours$33.25+$0.01 (+0.03%)
Alerus Financial last closing stock price
MetricPriceDate
Last closeUSD 33.272026-07-31
Alerus Financial stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.74%USD 32.702026-07-24
1 month+5.42%USD 31.562026-07-01
3 month+24.34%USD 26.762026-05-01
Year to date+50.11%USD 22.162025-12-31
1 year+62.95%USD 20.422025-07-31
3 year+86.92%USD 17.802023-08-01
5 year+41.76%USD 23.472021-07-30
Since inception+9,569.82%USD 0.341991-04-17

Alerus Financial Financials at a Glance

Market Cap

$836.03MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$332.73M

Net Income (TTM)

$27.71M

EPS (TTM)

$1.07

P/E Ratio

31.20

Dividend

$0.85

Beta (Volatility)

0.81 (Low)

Price

$33.24

Volume

220,976.286

Open

$33.54

Previous Close

$33.27

Daily Range

$33.07 - $33.91

52-Week Range

$20.26 - $34.15

Estimated Earnings Date

Oct 29, 2026

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About Alerus Financial

Alerus Financial Corporation offers banking and financial services to businesses and consumers. It provides loans, retirement plans, and wealth management solutions. These services help clients manage finances and plan for the future.

Products and Services

Banking: Offers checking accounts, savings deposits, and treasury management.

Loans: Provides commercial, real estate, and consumer loans.

Retirement Services: Administers retirement plans and offers investment advice.

Wealth Management: Includes financial planning and trust services.

Other Services: Offers online banking, debit/credit cards, and payroll accounts.

Growth and Expansion

In 2000, changed name from First National Bank North Dakota to Alerus Financial Corporation.

Expanded retirement and benefit services to all 50 states.

Operates through offices in North Dakota, Minnesota, and Arizona.

What Makes Alerus Special

Alerus integrates banking, wealth management, and retirement services under one roof. This comprehensive approach enhances customer experience and operational efficiency.

Five Things You Need to Know

Founded in 1879, headquartered in Grand Forks, North Dakota.

Operates in four segments: Banking, Retirement, Wealth Management, and Mortgage.

Serves clients through 14 offices in three states.

Offers retirement and benefit plans nationwide.

Stock price range: $15.78 - $24.41 as of latest data.

Bottom Line

Alerus Financial Corporation has evolved by diversifying its services and expanding its reach. Its integrated financial solutions cater to both individual and business clients.

AI Generated • Apr 16, 2026

Industry

Diversified Financial Services

Employees

864

CEO

Katie A. O’Neill Lorenson, CPA

Headquarters

Grand Forks, ND 58201, US

ALRS Financials

Key Financial Metrics (TTM)

Gross Margin

72.05%

Operating Margin

10.36%

Net Income Margin

8.33%

Return on Equity

4.88%

Return on Capital

2.25%

Return on Assets

0.52%

Earnings Yield

3.21%

Dividend Yield

2.55%

Payout Ratio

75.17%

Stock Overview

Market Cap

$836.03MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

25.13M

Volume

220.98K

Avg. Volume

231.12K

Financials (TTM)

Gross Profit

$239.72M

Operating Income

$34.49M

EBITDA

$49.96M

Operating Cash Flow

$87.63M

Capital Expenditure

-$1.02M

Free Cash Flow

$86.61M

Cash & ST Invst.

$109.01M

Total Debt

$404.24M

Alerus Financial Performance Analysis

Alerus Financial annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 223,829,000-8.9%
20232023-12-31USD 244,850,0009.4%
20242024-12-31USD 336,756,00037.5%
20252025-12-31USD 331,751,000-1.5%
Alerus Financial sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-2.2%
Q42025-12-31-67.4%
Q12026-03-31203.0%
Q22026-06-305.9%
Alerus Financial annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 2.10-29.3%
20232023-12-31USD 0.58-72.3%
20242024-12-31USD 0.8343.3%
20252025-12-31USD 0.68-18.3%
Alerus Financial sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-16.7%
Q42025-12-31-296.9%
Q12026-03-31170.3%
Q22026-06-30-200.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$103.57M

+2.3%

Gross Profit

$80.16M

+8.5%

Gross Margin

77.40%

N/A

Market Cap

$836.03MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$967.63K

N/A

Employees

864

N/A

Net Income

$20.87M

+3.0%

EBITDA

$25.56M

-15.2%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$109.01M

-82.5%

Total Debt

$404.24M

+3.2%

Accounts Receivable

$20.21M

-3.2%

Inventory

$0.00

N/A

Long Term Debt

$101.99M

+32.2%

Short Term Debt

$345.00M

+9.7%

Return on Assets

0.52%

N/A

Return on Invested Capital

0.70%

N/A

Free Cash Flow

$25.79M

+355.5%

Operating Cash Flow

$27.81M

+260.5%

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Questions About ALRS

What is the current price of Alerus Financial?

Alerus Financial is trading at $33.27 per share.

What is the 52-week range for Alerus Financial?

Over the past 52 weeks, Alerus Financial has traded between $20.26 and $34.15.

How much debt does Alerus Financial have?

As of the most recent reporting period, Alerus Financial reported total debt of $446.99M.

How much cash does Alerus Financial have on hand?

Alerus Financial does not have cash on hand data available.

What is Alerus Financial’s dividend yield?

Alerus Financial currently has a dividend yield of 2.55%.

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