ALRS RSI Chart
Last 7 days
0.5%
Last 30 days
-4.0%
Last 90 days
-4.3%
Trailing 12 Months
28.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 130.3M | 146.2M | 156.0M | 164.9M |
2022 | 98.4M | 104.1M | 109.8M | 115.6M |
2021 | 163.1M | 161.6M | 152.4M | 92.7M |
2020 | 112.2M | 120.5M | 136.1M | 145.3M |
2019 | 92.3M | 100.5M | 107.9M | 114.2M |
2018 | 78.7M | 81.7M | 84.7M | 87.7M |
2017 | 0 | 0 | 0 | 75.6M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 27, 2024 | hendry jon | acquired | - | - | 2,298 | chief technology officer & evp |
Feb 27, 2024 | hendry jon | sold (taxes) | -15,812 | 21.84 | -724 | chief technology officer & evp |
Feb 27, 2024 | taylor karin m | sold (taxes) | -20,769 | 21.84 | -951 | evp and chief risk officer |
Feb 27, 2024 | keney missy | acquired | - | - | 504 | chief engagement officer & evp |
Feb 27, 2024 | lorenson katie a | acquired | - | - | 3,234 | president and ceo |
Feb 27, 2024 | newman randy l | acquired | - | - | 13,251 | - |
Feb 27, 2024 | taylor karin m | acquired | - | - | 2,648 | evp and chief risk officer |
Feb 26, 2024 | wilson forrest | acquired | - | - | 9,204 | evp & chief ret. svcs. officer |
Feb 17, 2024 | taylor karin m | sold (taxes) | -9,669 | 22.86 | -423 | evp and chief risk officer |
Feb 17, 2024 | hendry jon | sold (taxes) | -7,360 | 22.86 | -322 | chief technology officer & evp |
Which funds bought or sold ALRS recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 12, 2024 | First PREMIER Bank | unchanged | - | -12,000 | 372,000 | 0.10% |
Apr 05, 2024 | CWM, LLC | added | 3.03 | - | 1,000 | -% |
Apr 05, 2024 | LOS ANGELES CAPITAL MANAGEMENT LLC | new | - | 1,710,800 | 1,710,800 | 0.01% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -0.69 | 4,125 | 22,614 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 4.29 | 4,453,370 | 20,110,000 | -% |
Mar 08, 2024 | ICA Group Wealth Management, LLC | new | - | 80,604 | 80,604 | 0.02% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | reduced | -35.97 | -618,319 | 2,306,080 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -1.95 | 34,290 | 199,473 | -% |
Feb 21, 2024 | Wealth Forward, LLC | new | - | 1,242,180 | 1,242,180 | 1.05% |
Feb 15, 2024 | Legal & General Group Plc | reduced | -8.13 | 3,970 | 34,167 | -% |
Unveiling Alerus Financial Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Alerus Financial Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 518.6B | 171.1B | 10.47 | 3.03 | ||||
BAC | 277.4B | 130.3B | 10.46 | 2.13 | ||||
WFC | 204.6B | 85.7B | 10.69 | 2.39 | ||||
C | 111.2B | 133.3B | 12.05 | 0.83 | ||||
CFG | 15.1B | 10.2B | 9.42 | 1.48 | ||||
KEY | 13.5B | 7.9B | 13.94 | 1.7 | ||||
MID-CAP | ||||||||
CMA | 6.6B | 4.2B | 7.49 | 1.58 | ||||
ZION | 5.8B | 3.9B | 8.57 | 1.48 | ||||
ABCB | 3.1B | 1.3B | 11.42 | 2.4 | ||||
ASB | 3.0B | 2.0B | 16.48 | 1.54 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 393.2M | 164.9M | 33.62 | 2.38 | ||||
AROW | 359.4M | 162.6M | 11.95 | 2.21 | ||||
ACNB | 267.1M | 96.6M | 8.43 | 2.76 | ||||
ASRV | 44.1M | 60.9M | -13.17 | 0.72 |
Alerus Financial Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 6.3% | 45.00 | 42.00 | 40.00 | 38.00 | 36.00 | 32.00 | 24.00 | 23.00 | 30.00 | 36.00 | 37.00 | 41.00 | 39.00 | 45.00 | 38.00 | 23.00 | 30.00 | 30.00 | 30.00 | 25.00 | 23.00 |
EBITDA Margin | -25.9% | 0.71* | 0.96* | 1.09* | 1.23* | 1.39* | 1.44* | 1.49* | 1.60* | 1.78* | 1.06* | 1.05* | 1.03* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 5.7% | 22.00 | 20.00 | 22.00 | 24.00 | 27.00 | 28.00 | 23.00 | 22.00 | 23.00 | 21.00 | 21.00 | 22.00 | 23.00 | 22.00 | 20.00 | 19.00 | 18.00 | 19.00 | 18.00 | 19.00 | 19.00 |
Income Taxes | -228.7% | -3.06 | 2.00 | 3.00 | 2.00 | 4.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 5.00 | 3.00 | 6.00 | 4.00 | 1.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 |
Earnings Before Taxes | -254.4% | -17.82 | 12.00 | 12.00 | 10.00 | 15.00 | 13.00 | 12.00 | 13.00 | 17.00 | 17.00 | 15.00 | 20.00 | 13.00 | 23.00 | 15.00 | 7.00 | 10.00 | 9.00 | 11.00 | 8.00 | 8.00 |
EBT Margin | -68.9% | 0.10* | 0.31* | 0.34* | 0.38* | 0.45* | 0.50* | 0.57* | 0.63* | 0.75* | 0.43* | 0.44* | 0.44* | - | - | - | - | - | - | - | - | - |
Net Income | -261.1% | -14.75 | 9.00 | 9.00 | 8.00 | 11.00 | 10.00 | 9.00 | 10.00 | 13.00 | 13.00 | 12.00 | 15.00 | 10.00 | 18.00 | 11.00 | 5.00 | 8.00 | 7.00 | 8.00 | 6.00 | 6.00 |
Net Income Margin | -70.4% | 0.07* | 0.24* | 0.26* | 0.29* | 0.35* | 0.38* | 0.43* | 0.48* | 0.57* | 0.33* | 0.34* | 0.33* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -117.0% | -3.06 | 18.00 | 11.00 | -0.48 | 48.00 | 36.00 | -17.90 | 35.00 | 31.00 | 33.00 | 29.00 | 55.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 1.0% | 3,908 | 3,869 | 3,833 | 3,887 | 3,780 | 3,691 | 399 | 3,336 | 3,393 | 3,175 | 3,157 | 3,152 | 3,014 | 2,899 | 2,875 | 2,512 | 2,357 | 2,228 | 2,212 | 2,195 | 2,179 |
Cash Equivalents | 100.7% | 130 | 65.00 | 65.00 | 145 | 58.00 | 54.00 | 102 | 133 | 242 | 159 | 315 | 190 | 173 | 96.00 | 210 | 198 | 144 | 61.00 | 45.00 | 45.00 | 41.00 |
Net PPE | - | - | - | - | - | - | - | - | - | - | 18.00 | 19.00 | 20.00 | 20.00 | 20.00 | 21.00 | 20.00 | 21.00 | 21.00 | - | - | 22.00 |
Goodwill | 0% | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 46.00 | 15.00 | 31.00 | 31.00 | 30.00 | 30.00 | 30.00 | 3.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 | - | - | 27.00 |
Liabilities | 0.5% | 3,539 | 3,520 | 3,475 | 3,528 | 3,423 | 3,346 | 355 | 3,008 | 3,033 | 2,822 | 2,813 | 2,823 | 2,700 | 2,577 | 2,570 | 2,218 | 2,071 | 1,947 | - | - | 1,982 |
Short Term Borrowings | -39.1% | 314 | 515 | 492 | 372 | 378 | 54.00 | 117 | - | - | - | - | - | - | - | - | - | - | - | - | - | 93.00 |
Long Term Debt | 0.0% | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | - | - | 59.00 |
Shareholder's Equity | 5.6% | 369 | 349 | 358 | 359 | 357 | 345 | 307 | 329 | 359 | 353 | 344 | 329 | 330 | 322 | 306 | 294 | 286 | 281 | 179 | 169 | 162 |
Retained Earnings | -6.3% | 273 | 291 | 286 | 281 | 280 | 273 | 267 | 261 | 254 | 244 | 233 | 224 | 212 | 205 | 190 | 181 | 178 | 173 | - | - | 159 |
Additional Paid-In Capital | -1.0% | 150 | 152 | 153 | 155 | 155 | 155 | 93.00 | 93.00 | 93.00 | 92.00 | 91.00 | 91.00 | 90.00 | 90.00 | 89.00 | 89.00 | 89.00 | 88.00 | - | - | 28.00 |
Shares Outstanding | -0.6% | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 18.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 342 | - | - | - | 389 | - | - | - | 470 | - | - | - | 315 | - | - | - | 235 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -108.7% | -1,618 | 18,600 | 11,555 | 445 | 48,231 | 37,004 | -17,556 | 35,287 | 32,092 | 33,416 | 29,483 | 54,841 | -2,409 | 2,850 | -1,527 | -21,166 | 17,316 | 14,338 | -11,007 | -1,399 | - |
Share Based Compensation | 15.6% | 436 | 377 | 656 | 159 | 512 | 351 | 663 | 378 | 1,291 | 545 | 761 | 498 | 593 | 475 | 624 | 235 | 420 | 335 | 649 | 346 | - |
Cashflow From Investing | 188.2% | 50,301 | -57,006 | -25,299 | -20,084 | -118,402 | -16,258 | -44,930 | -113,032 | -153,672 | -188,632 | 105,016 | -180,370 | -27,242 | -124,065 | -315,516 | -71,567 | -70,040 | 5,091 | 13,443 | -14,088 | - |
Cashflow From Financing | -56.2% | 16,486 | 37,659 | -65,966 | 106,578 | 74,246 | -3,622 | -33,303 | -31,734 | 204,437 | -760 | -9,286 | 142,784 | 106,862 | 6,529 | 328,991 | 147,216 | 135,556 | -3,175 | -2,364 | 19,684 | - |
Dividend Payments | -7.3% | 3,559 | 3,838 | 3,805 | 3,620 | 3,615 | 3,615 | 2,786 | 2,784 | 2,776 | 2,776 | 2,597 | 2,602 | 2,597 | 2,599 | 2,596 | 2,595 | 2,597 | 2,364 | 1,975 | 1,973 | - |
Buy Backs | 67.6% | 2,082 | 1,242 | 2,953 | 361 | 41.00 | - | 90.00 | 607 | 191 | 75.00 | - | 446 | 110 | 36.00 | - | 336 | 1.00 | 1,841 | 17.00 | 89.00 | - |
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest Income | |||
Loans, including fees | $ 136,918 | $ 89,907 | $ 78,133 |
Taxable | 24,262 | 23,260 | 13,001 |
Exempt from federal income taxes | 740 | 848 | 925 |
Other | 2,963 | 1,562 | 598 |
Total interest income | 164,883 | 115,577 | 92,657 |
Interest Expense | |||
Deposits | 53,387 | 9,169 | 3,661 |
Short-term borrowings | 20,976 | 4,339 | |
Long-term debt | 2,681 | 2,340 | 1,897 |
Total interest expense | 77,044 | 15,848 | 5,558 |
Net interest income | 87,839 | 99,729 | 87,099 |
Provision for credit losses | 2,057 | (3,500) | |
Net interest income after provision for credit losses | 85,782 | 99,729 | 90,599 |
Noninterest Income | |||
Mortgage banking | 8,411 | 16,921 | 48,502 |
Net gains (losses) on investment securities | (24,643) | 125 | |
Other | 8,032 | 4,863 | 4,604 |
Total noninterest income | 80,229 | 111,223 | 147,387 |
Noninterest Expense | |||
Compensation | 76,290 | 80,656 | 93,386 |
Employee taxes and benefits | 20,051 | 21,915 | 22,033 |
Occupancy and equipment expense | 7,477 | 7,605 | 8,148 |
Business services, software and technology expense | 21,053 | 19,487 | 20,486 |
Intangible amortization expense | 5,296 | 4,754 | 4,380 |
Professional fees and assessments | 6,743 | 8,367 | 6,292 |
Marketing and business development | 3,027 | 3,254 | 3,182 |
Supplies and postage | 1,796 | 2,440 | 2,361 |
Travel | 1,189 | 1,182 | 442 |
Mortgage and lending expenses | 1,902 | 2,183 | 4,250 |
Other | 5,333 | 6,927 | 3,949 |
Total noninterest expense | 150,157 | 158,770 | 168,909 |
Income before income taxes | 15,854 | 52,182 | 69,077 |
Income tax expense | 4,158 | 12,177 | 16,396 |
Net income | $ 11,696 | $ 40,005 | $ 52,681 |
Per Common Share Data | |||
Basic earnings per common share | $ 0.59 | $ 2.12 | $ 3.02 |
Diluted earnings per common share | 0.58 | 2.10 | 2.97 |
Dividends declared per common share | $ 0.75 | $ 0.70 | $ 0.63 |
Average common shares outstanding | 19,922 | 18,640 | 17,189 |
Diluted average common shares outstanding | 20,143 | 18,884 | 17,486 |
Retirement and Benefit Services | |||
Noninterest Income | |||
Revenue | $ 65,294 | $ 67,135 | $ 71,709 |
Wealth Management | |||
Noninterest Income | |||
Revenue | 21,855 | 20,870 | 21,052 |
Deposit Account | |||
Noninterest Income | |||
Revenue | $ 1,280 | $ 1,434 | $ 1,395 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 129,893 | $ 58,242 |
Available-for-sale, at fair value (amortized cost of $584,754 and $849,567, respectively) | 486,736 | 717,324 |
Held-to-maturity, at amortized cost (fair value of $258,617 and $270,912, respectively, with an allowance for credit losses on investments of $213 and $0, respectively) | 299,515 | 321,902 |
Loans held for sale | 11,497 | 9,488 |
Loans | 2,759,583 | 2,443,994 |
Allowance for credit losses on loans | (35,843) | (31,146) |
Net loans | 2,723,740 | 2,412,848 |
Land, premises and equipment, net | 17,940 | 17,288 |
Operating lease right-of-use assets | 5,436 | 5,419 |
Accrued interest receivable | 15,700 | 12,869 |
Bank-owned life insurance | 33,236 | 33,991 |
Goodwill | 46,783 | 47,087 |
Other intangible assets, net | 17,158 | 22,455 |
Servicing rights | 2,052 | 2,643 |
Deferred income taxes, net | 34,595 | 42,369 |
Other assets | 83,432 | 75,712 |
Total assets | 3,907,713 | 3,779,637 |
Deposits | ||
Noninterest-bearing | 728,082 | 860,987 |
Interest-bearing | 2,367,529 | 2,054,497 |
Total deposits | 3,095,611 | 2,915,484 |
Short-term borrowings | 314,170 | 378,080 |
Long-term debt | 58,956 | 58,843 |
Operating lease liabilities | 5,751 | 5,902 |
Accrued expenses and other liabilities | 64,098 | 64,456 |
Total liabilities | 3,538,586 | 3,422,765 |
Commitments and contingencies (Note 15) | ||
Stockholders' equity | ||
Preferred stock, $1 par value, 2,000,000 shares authorized: 0 issued and outstanding | ||
Common stock, $1 par value, 30,000,000 shares authorized: 19,734,077 and 19,991,681 issued and outstanding | 19,734 | 19,992 |
Additional paid-in capital | 150,343 | 155,095 |
Retained earnings | 272,705 | 280,426 |
Accumulated other comprehensive income (loss) | (73,655) | (98,641) |
Total stockholders' equity | 369,127 | 356,872 |
Total liabilities and stockholders' equity | $ 3,907,713 | $ 3,779,637 |