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ALRS

ALRS - Alerus Financial Corp Stock Price, Fair Value and News

21.78USD+0.23 (+1.07%)Market Closed
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Market Summary

USD21.78+0.23
Market Closed
1.07%

ALRS Stock Price

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ALRS RSI Chart

ALRS Valuation

Market Cap

426.2M

Price/Earnings (Trailing)

11.41

Price/Sales (Trailing)

2.73

EV/EBITDA

2.8

Price/Free Cashflow

5.58

ALRS Price/Sales (Trailing)

ALRS Profitability

EBT Margin

30.90%

Return on Equity

10.69%

Return on Assets

0.97%

Free Cashflow Yield

17.93%

ALRS Fundamentals

ALRS Revenue

Revenue (TTM)

156.0M

Rev. Growth (Yr)

30.25%

Rev. Growth (Qtr)

4.21%

ALRS Earnings

Earnings (TTM)

37.4M

Earnings Growth (Yr)

-4.76%

Earnings Growth (Qtr)

0.63%

Breaking Down ALRS Revenue

Last 7 days

1.7%

Last 30 days

8.6%

Last 90 days

20.1%

Trailing 12 Months

14.9%

How does ALRS drawdown profile look like?

ALRS Financial Health

Debt/Equity

0.17

Debt/Cashflow

1.34

ALRS Investor Care

Dividend Yield

3.43%

Dividend/Share (TTM)

0.74

Buy Backs (1Y)

1.06%

Diluted EPS (TTM)

1.84

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023130.3M146.2M156.0M0
202298.4M104.1M109.8M115.6M
2021163.1M161.6M152.4M92.7M
2020112.2M120.5M136.1M145.3M
201992.3M100.5M107.9M114.2M
201878.7M81.7M84.7M87.7M
201700075.6M

Tracking the Latest Insider Buys and Sells of Alerus Financial Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 17, 2024
keney missy
acquired
-
-
224
chief engagement officer & evp
Feb 17, 2024
taylor karin m
sold (taxes)
-9,669
22.86
-423
evp and chief risk officer
Feb 17, 2024
taylor karin m
acquired
-
-
1,176
evp and chief risk officer
Feb 17, 2024
hendry jon
sold (taxes)
-7,360
22.86
-322
chief technology officer & evp
Feb 17, 2024
hendry jon
acquired
-
-
1,021
chief technology officer & evp
Feb 17, 2024
lorenson katie a
acquired
-
-
1,437
president and ceo
Jan 16, 2024
sorum nikki
acquired
-
-
707
-
Jan 16, 2024
uribe john
acquired
-
-
707
-
Jan 02, 2024
collins jim
sold (taxes)
-41,555
22.39
-1,856
evp, cbo & cro
May 15, 2023
villalon alan
bought
14,400
14.4
1,000
chief financial officer

1–10 of 50

Which funds bought or sold ALRS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
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
-%
Feb 15, 2024
BARCLAYS PLC
added
100
530,000
889,000
-%
Feb 14, 2024
TWO SIGMA INVESTMENTS, LP
reduced
-9.91
49,423
500,887
-%
Feb 14, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
7.12
590,959
2,442,300
0.05%
Feb 14, 2024
ENDEAVOUR CAPITAL ADVISORS INC
added
9.65
1,252,110
4,825,810
1.62%
Feb 14, 2024
Mariner, LLC
reduced
-44.16
-205,034
451,428
-%
Feb 14, 2024
TWO SIGMA ADVISERS, LP
reduced
-4.64
95,796
644,832
-%
Feb 14, 2024
Nuveen Asset Management, LLC
added
25.99
360,037
1,012,480
-%
Feb 14, 2024
BOOTHBAY FUND MANAGEMENT, LLC
new
-
1,679,250
1,679,250
0.04%

1–10 of 48

Are Funds Buying or Selling ALRS?

Are funds buying ALRS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ALRS
No. of Funds

Unveiling Alerus Financial Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 01, 2024
alerus financial corp employee stock ownership plan
5.84%
1,152,017
SC 13G/A
Jan 26, 2024
blackrock inc.
7.4%
1,469,566
SC 13G/A
Feb 06, 2023
alerus financial corp employee stock ownership plan
5.56%
1,111,424
SC 13G/A
Feb 03, 2023
blackrock inc.
5.1%
1,023,405
SC 13G
Oct 07, 2022
blackrock inc.
4.9%
982,563
SC 13G/A
Feb 10, 2022
alerus financial corp employee stock ownership plan
7.02%
1,207,952
SC 13G/A
Feb 04, 2022
blackrock inc.
6.0%
1,033,573
SC 13G
Feb 10, 2021
alerus financial corp employee stock ownership plan
6.84%
1,170,611
SC 13G/A
Feb 14, 2020
alerus financial corp employee stock ownership plan
7.67%
1,307,439
SC 13G

Recent SEC filings of Alerus Financial Corp

View All Filings
Date Filed Form Type Document
Feb 28, 2024
4
Insider Trading
Feb 28, 2024
8-K
Current Report
Feb 26, 2024
3
Insider Trading
Feb 22, 2024
8-K
Current Report
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 16, 2024
8-K
Current Report
Feb 08, 2024
5
Insider Trading

What is the Fair Value of ALRS?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Alerus Financial Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
539.8B
171.1B
5.90% 26.94%
10.89
3.16
20.20% 31.52%
267.0B
130.3B
3.93% -3.57%
10.07
2.05
37.19% -3.68%
195.8B
85.7B
9.51% 9.26%
10.23
2.29
6.67% 45.21%
105.9B
133.3B
4.24% 9.46%
11.48
0.79
76.88% -
14.1B
10.2B
-0.25% -26.81%
8.78
1.38
44.53% -22.43%
13.3B
7.9B
-0.92% -26.80%
13.77
1.68
46.47% -49.56%
MID-CAP
6.6B
4.2B
-6.97% -31.81%
5.48
1.57
56.25% 16.42%
5.6B
3.9B
-3.49% -22.00%
8.3
1.43
45.91% -25.03%
3.2B
1.3B
-6.58% -2.15%
11.77
2.47
43.24% -22.35%
3.1B
2.0B
-0.43% -11.81%
17.04
1.59
57.95% -50.03%
SMALL-CAP
470.9M
115.7M
-3.25% 30.73%
15.63
4.07
24.10% -20.09%
426.2M
156.0M
8.55% 14.87%
11.41
2.73
42.01% -10.62%
398.6M
154.1M
-6.13% -21.03%
11.57
2.59
26.24% -26.76%
302.0M
96.3M
-14.53% -2.37%
7.99
3.14
19.08% 25.77%
47.2M
58.7M
-7.62% -26.88%
16.14
0.8
25.03% -65.02%

Alerus Financial Corp News

Latest updates
Seeking Alpha18 hours ago
Yahoo Finance2 months ago

Alerus Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue4.2%42.0040.0038.0036.0032.0024.0023.0030.0036.0037.0041.0039.0045.0038.0023.0030.0030.0030.0025.0023.0022.00
EBITDA Margin-11.5%0.96*1.09*1.23*1.39*1.44*1.49*1.60*1.78*1.06*1.05*1.03*1.04*---------
Interest Expenses-8.3%20.0022.0024.0027.0028.0023.0022.0023.0021.0021.0022.0023.0022.0020.0019.0018.0019.0018.0019.0019.0019.00
Income Taxes-6.1%2.003.002.004.003.003.003.004.004.004.005.003.006.004.001.002.002.003.002.002.002.00
Earnings Before Taxes-0.8%12.0012.0010.0015.0013.0012.0013.0017.0017.0015.0020.0013.0023.0015.007.0010.009.0011.008.008.009.00
EBT Margin-8.2%0.31*0.34*0.38*0.45*0.50*0.57*0.63*0.75*0.43*0.44*0.44*0.40*---------
Net Income0.6%9.009.008.0011.0010.009.0010.0013.0013.0012.0015.0010.0018.0011.005.008.007.008.006.006.007.00
Net Income Margin-7.4%0.24*0.26*0.29*0.35*0.38*0.43*0.48*0.57*0.33*0.34*0.33*0.31*---------
Free Cashflow57.7%18.0011.00-0.4848.0036.00-17.9035.0031.0033.0029.0055.00-3.46---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets0.9%3,8693,8333,8873,7803,6913993,3363,3933,1753,1573,1523,0142,8992,8752,5122,3572,2282,2122,1952,1792,168
    Cash Equivalents-1.1%65.0065.0014558.0054.0037.0013324215931519017396.0021019814461.0045.0045.0041.0036.00
  Net PPE---------18.0019.0020.0020.0020.0021.0020.0021.0021.00--22.00-
  Goodwill-0.6%47.0047.0047.0047.0046.0015.0031.0031.0030.0030.0030.003.0027.0027.0027.0027.0027.00--27.00-
Liabilities1.3%3,5203,4753,5283,4233,3463553,0083,0332,8222,8132,8232,7002,5772,5702,2182,0711,9471,9591,9701,982-
  Short Term Borrowings4.8%515492372378200125-------------93.0074.00
  Long Term Debt0.0%59.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.00--59.00-
Shareholder's Equity-2.3%349358359357345307329359353344329330322306294286281179169162156
  Retained Earnings1.9%291286281280273267261254244233224212205190181178173--159-
  Additional Paid-In Capital-0.5%15215315515515593.0093.0093.0092.0091.0091.0090.0090.0089.0089.0089.0088.00--28.00-
Shares Outstanding-0.3%20.0020.0020.0020.0020.0017.0017.0017.0017.0017.0017.0017.00---------
Float------389---470---315---235---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations61.0%18,60011,55544548,23137,004-17,55635,28732,09233,41629,48354,841-2,4092,850-1,527-21,16617,31614,338-11,007-1,39926,204-
  Share Based Compensation-42.5%3776561595123516633781,291545761498593475624235420335649346865-
Cashflow From Investing-125.3%-57,006-25,299-20,084-118,402-16,258-44,930-113,032-153,672-188,632105,016-180,370-27,242-124,065-315,516-71,567-70,0405,09113,443-14,088-20,397-
Cashflow From Financing157.1%37,659-65,966106,57874,246-3,622-33,303-31,734204,437-760-9,286142,784106,8626,529328,991147,216135,556-3,175-2,36419,684-993-
  Dividend Payments0.9%3,8383,8053,6203,6153,6152,7862,7842,7762,7762,5972,6022,5972,5992,5962,5952,5972,3641,9751,9731,970-
  Buy Backs-57.9%1,2422,95336141.00-90.0060719175.00-44611036.00-3361.001,84117.0089.0094.0040.00

ALRS Income Statement

2023-09-30
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest Income    
Loans, including fees$ 34,986$ 25,379$ 99,187$ 60,659
Taxable6,1465,93918,22217,447
Exempt from federal income taxes182209558638
Other7247482,2211,021
Total interest income42,03832,275120,18879,765
Interest Expense    
Deposits14,4361,85236,2183,494
Short-term borrowings6,5281,51615,6841,794
Long-term debt6795911,9991,712
Total interest expense21,6433,95953,9017,000
Net interest income20,39528,31666,28772,765
Provision for credit losses  550 
Net interest income after provision for credit losses20,39528,31665,73772,765
Noninterest Income    
Mortgage banking2,5103,7827,13214,751
Other1,6931,4025,4753,541
Total noninterest income28,40727,01079,43985,706
Noninterest Expense    
Compensation19,07121,16857,07661,467
Employee taxes and benefits4,8955,07915,47217,028
Occupancy and equipment expense1,8831,9255,6195,713
Business services, software and technology expense4,7745,37315,36715,082
Intangible amortization expense1,3241,3243,9723,430
Professional fees and assessments1,7163,1264,3976,913
Marketing and business development6928902,0262,304
Supplies and postage4105881,2751,806
Travel322291876826
Mortgage and lending expenses6894091,4011,577
Other1,4842,5944,0224,676
Total noninterest expense37,26042,767111,503120,822
Income before income taxes11,54212,55933,67337,649
Income tax expense2,3812,9407,2228,553
Net income$ 9,161$ 9,619$ 26,451$ 29,096
Per Common Share Data    
Basic earnings per common share$ 0.46$ 0.48$ 1.31$ 1.58
Diluted earnings per common share0.450.471.301.56
Dividends declared per common share$ 0.19$ 0.18$ 0.56$ 0.52
Average common shares outstanding19,87219,98719,97718,186
Diluted average common shares outstanding20,09520,23020,19318,431
Retirement and Benefit Services    
Noninterest Income    
Revenue$ 18,605$ 16,597$ 49,977$ 50,536
Wealth Management    
Noninterest Income    
Revenue5,2714,85215,91515,726
Deposit Account    
Noninterest Income    
Revenue$ 328$ 377$ 940$ 1,152

ALRS Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 64,724$ 58,242
Available-for-sale, at fair value640,001717,324
Held-to-maturity, at carrying value (allowance for credit losses on investments of $218 September 30, 2023)303,268321,902
Loans held for sale16,3469,488
Loans2,606,4302,443,994
Allowance for credit losses on loans(36,290)(31,146)
Net loans2,570,1402,412,848
Land, premises and equipment, net17,18217,288
Operating lease right-of-use assets5,9865,419
Accrued interest receivable15,56112,869
Bank-owned life insurance33,01233,991
Goodwill46,78347,087
Other intangible assets18,48222,455
Servicing rights2,2142,643
Deferred income taxes, net47,97842,369
Other assets87,46175,712
Total assets3,869,1383,779,637
Deposits  
Noninterest-bearing717,990860,987
Interest-bearing2,154,1942,054,497
Total deposits2,872,1842,915,484
Short-term borrowings515,470378,080
Long-term debt58,92858,843
Operating lease liabilities6,2865,902
Accrued expenses and other liabilities66,86864,456
Total liabilities3,519,7363,422,765
Stockholders' equity  
Preferred stock, $1 par value, 2,000,000 shares authorized: 0 issued and outstanding
Common stock, $1 par value, 30,000,000 shares authorized: 19,847,706 and 19,991,681 issued and outstanding19,84819,992
Additional paid-in capital151,875155,095
Retained earnings291,162280,426
Accumulated other comprehensive income (loss)(113,483)(98,641)
Total stockholders' equity349,402356,872
Total liabilities and stockholders' equity$ 3,869,138$ 3,779,637
ALRS
Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. 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. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.
 CEO
 WEBSITEalerus.com
 EMPLOYEES773

Alerus Financial Corp Frequently Asked Questions


What is the ticker symbol for Alerus Financial Corp? What does ALRS stand for in stocks?

ALRS is the stock ticker symbol of Alerus Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Alerus Financial Corp (ALRS)?

As of Wed Feb 28 2024, market cap of Alerus Financial Corp is 426.17 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ALRS stock?

You can check ALRS's fair value in chart for subscribers.

What is the fair value of ALRS stock?

You can check ALRS's fair value in chart for subscribers. The fair value of Alerus Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Alerus Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ALRS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Alerus Financial Corp a good stock to buy?

The fair value guage provides a quick view whether ALRS is over valued or under valued. Whether Alerus Financial Corp is cheap or expensive depends on the assumptions which impact Alerus Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ALRS.

What is Alerus Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Feb 28 2024, ALRS's PE ratio (Price to Earnings) is 11.41 and Price to Sales (PS) ratio is 2.73. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ALRS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Alerus Financial Corp's stock?

In the past 10 years, Alerus Financial Corp has provided -0.076 (multiply by 100 for percentage) rate of return.