Alerus Financial Corporation

NasdaqCM:ALRS Stock Report

Market Cap: US$781.8m

Alerus Financial Future Growth

Future criteria checks 4/6

Alerus Financial is forecast to grow earnings and revenue by 38.6% and 15.1% per annum respectively while EPS is expected to grow by 38.5% per annum.

Key information

38.6%

Earnings growth rate

38.53%

EPS growth rate

Diversified Financial earnings growth8.3%
Revenue growth rate15.1%
Future return on equityn/a
Analyst coverage

Low

Last updated25 Jun 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 18

ALRS: Dividend, Buybacks And Credit Costs Will Shape Fairly Balanced Outlook

Analysts have slightly lifted their price target for Alerus Financial to $28.13, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E in recent Street research. What’s in the News for Alerus Financial Alerus Financial declared a regular quarterly cash dividend of $0.22 per common share on May 21, 2026, an increase of 4.76% compared with the dividend paid a year earlier.
Narrative Update • Jun 03

ALRS: Future Credit Costs And Payout Actions Will Shape Fairly Balanced Outlook

Analysts have nudged their price target for Alerus Financial up by $0.13 to $28.13, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E, along with recent Street research that included a $0.50 target increase from one firm. What's in the News On May 21, 2026, Alerus Financial's board declared a regular quarterly cash dividend of $0.22 per common share, a 4.76% increase compared with the dividend paid a year earlier.
Narrative Update • May 04

ALRS: Higher Revenue Assumptions Will Meet Rising Credit Cost Risks

Analysts have raised their price target on Alerus Financial from $25.70 to $28.00, citing updated assumptions around higher projected revenue growth, improved profit margins, a lower discount rate, and a reduced future P/E multiple. Analyst Commentary Recent research around Alerus Financial focuses on how updated assumptions for revenue, margins, and valuation metrics feed into the higher price target and what could still hold the stock back.
Analysis Article • Sep 05

Alerus Financial (NASDAQ:ALRS) Has Announced A Dividend Of $0.21

Alerus Financial Corporation ( NASDAQ:ALRS ) has announced that it will pay a dividend of $0.21 per share on the 10th...
Analysis Article • May 01

Shareholders Will Probably Hold Off On Increasing Alerus Financial Corporation's (NASDAQ:ALRS) CEO Compensation For The Time Being

Key Insights Alerus Financial will host its Annual General Meeting on 8th of May CEO Katie Lorenson's total...
User avatar
New Narrative • Sep 24

Expanding Revenue Streams And Decisive Acquisitions Set To Drive Robust Growth And Profitability Surge

Diversification in revenue streams across commercial, wealth, and private banking segments suggests underlying strength and potential for future earnings growth.
Analysis Article • May 31

Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To $0.20

The board of Alerus Financial Corporation ( NASDAQ:ALRS ) has announced that it will be increasing its dividend by 5.3...

Earnings and Revenue Growth Forecasts

NasdaqCM:ALRS - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202731669N/AN/A1
12/31/202630776N/AN/A1
3/31/2026237277988N/A
12/31/2025224175968N/A
9/30/2025275504861N/A
6/30/2025252383548N/A
3/31/202522425418N/A
12/31/202420418922N/A
9/30/202416531424N/A
6/30/20241647916N/A
3/31/2024165104043N/A
12/31/2023166122427N/A
9/30/2023198377173N/A
6/30/2023204389597N/A
3/31/2023208386365N/A
12/31/202221140101103N/A
9/30/2022216418587N/A
6/30/2022220458183N/A
3/31/202222647129130N/A
12/31/202123852148150N/A
9/30/202124049113115N/A
6/30/2021245548385N/A
3/31/2021242545054N/A
12/31/202022244-26-22N/A
9/30/202020841-6-3N/A
6/30/20201913169N/A
3/31/202018328-3-1N/A
12/31/201918129N/A19N/A
9/30/201917927N/A28N/A
6/30/201917628N/A38N/A
3/31/201917025N/AN/AN/A
12/31/201816926N/A54N/A
9/30/201816820N/A51N/A
6/30/201816618N/A40N/A
3/31/201816917N/AN/AN/A
12/31/201716715N/A48N/A
9/30/201717120N/A71N/A
6/30/201716818N/A45N/A
3/31/201716716N/A47N/A
12/31/201616414N/A34N/A
9/30/201615511N/A-4N/A
6/30/201615013N/A-5N/A
3/31/201614615N/A-2N/A
12/31/201514217N/A24N/A
9/30/201514319N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALRS's forecast earnings growth (38.6% per year) is above the savings rate (3.5%).

Earnings vs Market: ALRS's earnings (38.6% per year) are forecast to grow faster than the US market (18.4% per year).

High Growth Earnings: ALRS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALRS's revenue (15.1% per year) is forecast to grow faster than the US market (12.7% per year).

High Growth Revenue: ALRS's revenue (15.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ALRS's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 03:17
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Alerus Financial Corporation is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RulisD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Brendan NosalHovde Group, LLC