Alerus Financial Corporation (ALRS)
| Market Cap | 663.80M |
| Revenue (ttm) | 223.82M |
| Net Income (ttm) | 17.40M |
| Shares Out | 25.56M |
| EPS (ttm) | 0.68 |
| PE Ratio | 38.26 |
| Forward PE | 10.10 |
| Dividend | $0.84 (3.23%) |
| Ex-Dividend Date | Mar 27, 2026 |
| Volume | 62,857 |
| Open | 25.97 |
| Previous Close | 25.94 |
| Day's Range | 25.66 - 26.30 |
| 52-Week Range | 17.50 - 26.32 |
| Beta | 0.60 |
| Analysts | Hold |
| Price Target | 25.40 (-2.19%) |
| Earnings Date | Apr 29, 2026 |
About ALRS
Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States. The company operates in three segments: Banking, Retirement and Benefit Services, and Wealth. It offers demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, noninterest-bearing deposits, interest-bearing checking accounts, and certificates of deposit; and treasury management products, including e... [Read more]
Financial Performance
In 2025, Alerus Financial's revenue was $223.82 million, an increase of 9.80% compared to the previous year's $203.83 million. Earnings were $17.40 million, a decrease of -1.93%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ALRS stock is "Hold." The 12-month stock price target is $25.4, which is a decrease of -2.19% from the latest price.
News
Alerus Financial Corporation to Announce First Quarter Financial Results on Wednesday, April 29
MINNEAPOLIS, April 02, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its first quarter financial results on Wednesday, April 29, 2026.
Alerus Financial Corporation Declares Cash Dividend on Common Shares
MINNEAPOLIS, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.21 per common share on...
Alerus Financial Earnings Call Transcript: Q4 2025
Record adjusted earnings and strong core performance were achieved post-acquisition, with robust fee income and improved capital ratios. 2026 guidance calls for mid-single digit loan growth, stable margins, and continued focus on C&I lending and wealth management expansion.
Alerus Financial Corporation Announces Fourth Quarter 2025 Results, Including Balance Sheet Repositioning
MINNEAPOLIS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported a net loss of $33.1 million for the fourth quarter of 2025, or $(1.27) per diluted ...
Alerus Financial Corporation to Announce Fourth Quarter Financial Results on Wednesday, January 28
MINNEAPOLIS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its fourth quarter financial results on Wednesday, January 28, 2026. Alerus Fina...
Alerus Financial Earnings Call Transcript: Q3 2025
Third quarter results met expectations with stable net interest income, strong loan and deposit growth, and continued proactive risk management. Outlook for 2025-2026 includes mid-single-digit loan growth, stable margins, and disciplined capital allocation.
Alerus Financial Corporation Reports Third Quarter 2025 Net Income of $16.9 Million
MINNEAPOLIS--(BUSINESS WIRE)--ALERUS FINANCIAL CORPORATION REPORTS THIRD QUARTER 2025 NET INCOME OF $16.9 MILLION.
Alerus Financial Corporation to Announce Third Quarter Financial Results on Thursday, October 30
MINNEAPOLIS--(BUSINESS WIRE)--ALERUS FINANCIAL CORPORATION TO ANNOUNCE THIRD QUARTER FINANCIAL RESULTS ON THURSDAY, OCTOBER 30.
Alerus Financial Earnings Call Transcript: Q2 2025
Adjusted EPS reached $0.72 with a 1.41% ROA, driven by strong fee income and a $2M gain from a hospitality loan sale. Loan and deposit growth are expected to continue, with a focus on efficiency and technology upgrades amid ongoing competitive and macroeconomic pressures.
Alerus Financial Corporation Reports Second Quarter 2025 Net Income of $20.3 Million
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $20.3 million for the second quarter of 2025, or $0.78 per diluted common share, compa...
Alerus Financial Corporation to Announce Second Quarter Financial Results on Monday, July 28
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its second quarter financial results on Monday, July 28, 2025. Alerus Financial Corporation will ...
Alerus Financial Transcript: AGM 2025
The meeting covered director elections, executive compensation, auditor ratification, and an amendment to increase authorized shares. All proposals passed, with no questions from stockholders and a strong quorum present.
Alerus Financial Earnings Call Transcript: Q1 2025
First quarter 2025 saw improved profitability, record net interest income, and strong loan and deposit growth, driven by successful integration of Home Federal and a focus on commercial banking. Efficiency ratios improved, credit quality remained stable, and guidance points to continued growth and disciplined expense management.
Alerus Financial Corporation Reports First Quarter 2025 Net Income of $13.3 Million
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $13.3 million for the first quarter of 2025, or $0.52 per diluted common share, compar...
Alerus Financial Corporation to Announce First Quarter Financial Results on Monday, April 28
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its first quarter financial results on Monday, April 28, 2025. Alerus Financial Corporation will ...
Alerus Financial Earnings Call Transcript: Q4 2024
Q4 and 2024 saw strong growth, driven by the Home Federal acquisition and robust organic expansion. Net interest income and margin surged, non-interest income rose, and efficiency improved. 2025 guidance calls for moderate loan/deposit growth, stable margins, and continued cost discipline.
Alerus Financial Corporation Reports Fourth Quarter 2024 Net Income of $3.2 Million
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $3.2 million for the fourth quarter of 2024, or $0.13 per diluted common share, compar...
Alerus Financial Corporation to Announce Fourth Quarter Financial Results on Tuesday, January 28
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its third quarter financial results on Tuesday, January 28, 2025. Alerus Financial Corporation wi...
Alerus Financial Corporation Names Karin Taylor Chief Operating Officer
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) announced Jon Hendry, Executive Vice President and Chief Technology Officer, will retire at year end. As part of his planned s...
Alerus Financial Earnings Call Transcript: Q3 2024
Third quarter results were challenged by lower net interest income and higher expenses, but strong loan and deposit growth, successful integration of Home Federal, and continued momentum in wealth and retirement businesses position the company for improved performance in 2025.
Alerus Financial Corporation Reports Third Quarter 2024 Net Income of $5.2 Million
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $5.2 million for the third quarter of 2024, or $0.26 per diluted common share, compare...
Alerus Financial Corporation Completes Acquisition of HMN Financial, Inc.
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) and its wholly owned subsidiary, Alerus Financial, National Association, (together, “Alerus”) announced today they have ...
Alerus Financial Corporation to Announce Third Quarter Financial Results on Tuesday, October 29
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its third quarter financial results on Tuesday, October 29, 2024. Alerus Financial Corporation wi...
Alerus Financial Corporation and HMN Financial, Inc. Receive Stockholder and Regulatory Approval to Proceed With Merger
GRAND FORKS, N.D. & ROCHESTER, Minn.--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) and its wholly owned subsidiary, Alerus Financial, National Association, (together, “Alerus”) announc...
HMN FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HMN Financial, Inc. - HMNF
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HMN Financial, I...