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Alerus Financial NasdaqCM:ALRS Stock Report

Last Price

US$21.14

Market Cap

US$420.4m

7D

6.0%

1Y

43.6%

Updated

23 Apr, 2024

Data

Company Financials +

Alerus Financial Corporation

NasdaqCM:ALRS Stock Report

Market Cap: US$420.4m

ALRS Stock Overview

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.

ALRS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Alerus Financial Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Alerus Financial
Historical stock prices
Current Share PriceUS$21.14
52 Week HighUS$25.85
52 Week LowUS$13.11
Beta0.63
1 Month Change-0.94%
3 Month Change-2.76%
1 Year Change43.61%
3 Year Change-28.80%
5 Year Change10.39%
Change since IPO2,206.18%

Recent News & Updates

Recent updates

Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To $0.19

May 15
Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To $0.19

Alerus Financial Corporation declares $0.18 dividend

Sep 13

Alerus Financial Corporation GAAP EPS of $0.52 misses by $0.03, revenue of $52.02M misses by $2.88M

Jul 27

Alerus Financial appoints Jon Hendry as chief technology officer

Jul 20

Alerus Financial completes acquisition of Metro Phoenix Bank holding company

Jul 01

Alerus Financial (NASDAQ:ALRS) Is Paying Out A Larger Dividend Than Last Year

May 29
Alerus Financial (NASDAQ:ALRS) Is Paying Out A Larger Dividend Than Last Year

Alerus Financial (NASDAQ:ALRS) Has Announced That It Will Be Increasing Its Dividend To US$0.18

May 15
Alerus Financial (NASDAQ:ALRS) Has Announced That It Will Be Increasing Its Dividend To US$0.18

Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To US$0.16

Jul 29
Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To US$0.16

This Is Why Alerus Financial Corporation's (NASDAQ:ALRS) CEO Compensation Looks Appropriate

May 05
This Is Why Alerus Financial Corporation's (NASDAQ:ALRS) CEO Compensation Looks Appropriate

Alerus Financial Corporation 2021 Q1 - Results - Earnings Call Presentation

Apr 30

The Case For Alerus Financial Corporation (NASDAQ:ALRS): Could It Be A Nice Addition To Your Dividend Portfolio?

Mar 23
The Case For Alerus Financial Corporation (NASDAQ:ALRS): Could It Be A Nice Addition To Your Dividend Portfolio?

Shareholder Returns

ALRSUS Diversified FinancialUS Market
7D6.0%-1.3%-3.2%
1Y43.6%19.9%19.3%

Return vs Industry: ALRS exceeded the US Diversified Financial industry which returned 19.9% over the past year.

Return vs Market: ALRS exceeded the US Market which returned 19.3% over the past year.

Price Volatility

Is ALRS's price volatile compared to industry and market?
ALRS volatility
ALRS Average Weekly Movement5.2%
Diversified Financial Industry Average Movement5.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: ALRS has not had significant price volatility in the past 3 months.

Volatility Over Time: ALRS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1879732Katie Lorensonalerus.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

How do Alerus Financial's earnings and revenue compare to its market cap?
ALRS fundamental statistics
Market capUS$420.39m
Earnings (TTM)US$11.70m
Revenue (TTM)US$166.01m

35.9x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALRS income statement (TTM)
RevenueUS$166.01m
Cost of RevenueUS$0
Gross ProfitUS$166.01m
Other ExpensesUS$154.31m
EarningsUS$11.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 24, 2024

Earnings per share (EPS)0.59
Gross Margin100.00%
Net Profit Margin7.05%
Debt/Equity Ratio113.1%

How did ALRS perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

128%

Payout Ratio
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