ALRS Stock Overview
Operates as the bank holding company for Alerus Financial, National Association that engages in the provision of various financial services to businesses and consumers. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
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Alerus Financial Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.99 |
| 52 Week High | US$25.85 |
| 52 Week Low | US$18.09 |
| Beta | 0.70 |
| 1 Month Change | -9.59% |
| 3 Month Change | -8.34% |
| 1 Year Change | -11.16% |
| 3 Year Change | -32.28% |
| 5 Year Change | -12.25% |
| Change since IPO | 2,080.73% |
Recent News & Updates
Recent updates
Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To $0.20
May 31
Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To $0.19
May 15Alerus Financial Corporation declares $0.18 dividend
Sep 13Alerus Financial Corporation GAAP EPS of $0.52 misses by $0.03, revenue of $52.02M misses by $2.88M
Jul 27Alerus Financial appoints Jon Hendry as chief technology officer
Jul 20Alerus Financial completes acquisition of Metro Phoenix Bank holding company
Jul 01Alerus Financial (NASDAQ:ALRS) Is Paying Out A Larger Dividend Than Last Year
May 29Shareholder Returns
| ALRS | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -9.3% | -0.6% | -2.4% |
| 1Y | -11.2% | 25.5% | 23.4% |
Return vs Industry: ALRS underperformed the US Diversified Financial industry which returned 25.5% over the past year.
Return vs Market: ALRS underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| ALRS volatility | |
|---|---|
| ALRS Average Weekly Movement | 5.7% |
| Diversified Financial Industry Average Movement | 5.0% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ALRS has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ALRS's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1879 | 732 | Katie Lorenson | alerus.com |
Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that engages in the provision of various financial services to businesses and consumers. The company operates in four segments: Banking, Mortgage, Retirement and Benefit Services, and Wealth Management. 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.
Alerus Financial Corporation Fundamentals Summary
| ALRS fundamental statistics | |
|---|---|
| Market cap | US$506.51m |
| Earnings (TTM) | US$3.18m |
| Revenue (TTM) | US$164.50m |
159.3x
P/E Ratio3.1x
P/S RatioIs ALRS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALRS income statement (TTM) | |
|---|---|
| Revenue | US$164.50m |
| Cost of Revenue | US$0 |
| Gross Profit | US$164.50m |
| Other Expenses | US$161.32m |
| Earnings | US$3.18m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.13 |
| Gross Margin | 100.00% |
| Net Profit Margin | 1.93% |
| Debt/Equity Ratio | 82.0% |
How did ALRS perform over the long term?
See historical performance and comparisonDividends
4.0%
Current Dividend Yield485%
Payout RatioDoes ALRS pay a reliable dividends?
See ALRS dividend history and benchmarks| Alerus Financial dividend dates | |
|---|---|
| Ex Dividend Date | Dec 27 2024 |
| Dividend Pay Date | Jan 17 2025 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 26 days |
Does ALRS pay a reliable dividends?
See ALRS dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alerus Financial Corporation is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Rulis | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |
| Brendan Nosal | Hovde Group, LLC |