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Alerus Financial NasdaqCM:ALRS Stock Report

Last Price

US$20.91

Market Cap

US$508.8m

7D

-11.7%

1Y

17.1%

Updated

05 Nov, 2024

Data

Company Financials +

Alerus Financial Corporation

NasdaqCM:ALRS Stock Report

Market Cap: US$508.8m

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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$20.91
52 Week HighUS$25.85
52 Week LowUS$17.35
Beta0.67
11 Month Change-7.84%
3 Month Change2.45%
1 Year Change17.08%
33 Year Change-41.58%
5 Year Change-3.19%
Change since IPO2,181.09%

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 $0.20

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

Shareholder Returns

ALRSUS Diversified FinancialUS Market
7D-11.7%-0.1%-0.8%
1Y17.1%30.5%31.5%

Return vs Industry: ALRS underperformed the US Diversified Financial industry which returned 30.2% over the past year.

Return vs Market: ALRS underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is ALRS's price volatile compared to industry and market?
ALRS volatility
ALRS Average Weekly Movement5.5%
Diversified Financial Industry Average Movement4.6%
Market Average Movement6.0%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.8%

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 (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$508.79m
Earnings (TTM)US$3.18m
Revenue (TTM)US$164.50m

166.6x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALRS income statement (TTM)
RevenueUS$164.50m
Cost of RevenueUS$0
Gross ProfitUS$164.50m
Other ExpensesUS$161.32m
EarningsUS$3.18m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin100.00%
Net Profit Margin1.93%
Debt/Equity Ratio82.0%

How did ALRS perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

485%

Payout Ratio