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ALRS

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

18.21USD-0.32 (-1.73%)Delayed

Market Summary

ALRS
USD18.21-0.32
Delayed
-1.73%

ALRS Alerts

  • Big jump in Revenue (Y/Y)

ALRS Stock Price

View Fullscreen

ALRS RSI Chart

ALRS Valuation

Market Cap

360.1M

Price/Earnings (Trailing)

36.22

Price/Sales (Trailing)

2.04

EV/EBITDA

-1.16

Price/Free Cashflow

8.95

ALRS Price/Sales (Trailing)

ALRS Profitability

EBT Margin

7.88%

Return on Equity

2.68%

Return on Assets

0.23%

Free Cashflow Yield

11.17%

ALRS Fundamentals

ALRS Revenue

Revenue (TTM)

176.1M

Rev. Growth (Yr)

29.7%

Rev. Growth (Qtr)

9.72%

ALRS Earnings

Earnings (TTM)

9.9M

Earnings Growth (Yr)

-21.43%

Earnings Growth (Qtr)

143.59%

Breaking Down ALRS Revenue

Last 7 days

-0.9%

Last 30 days

-5.5%

Last 90 days

-14.7%

Trailing 12 Months

-0.3%

How does ALRS drawdown profile look like?

ALRS Financial Health

Debt/Equity

0.16

Debt/Cashflow

0.74

ALRS Investor Care

Dividend Yield

4.17%

Dividend/Share (TTM)

0.76

Buy Backs (1Y)

1.45%

Diluted EPS (TTM)

0.5

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024176.1M000
2023130.3M146.2M156.0M164.9M
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
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Tracking the Latest Insider Buys and Sells of Alerus Financial Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 21, 2024
uribe john
acquired
-
-
2,559
-
May 21, 2024
sorum nikki
acquired
-
-
2,559
-
May 21, 2024
zimmer mary
acquired
-
-
2,559
-
May 21, 2024
coughlin daniel e
acquired
-
-
2,559
-
May 21, 2024
newman randy l
acquired
-
-
2,559
-
May 21, 2024
estep janet o
acquired
-
-
2,559
-
May 21, 2024
vetter galen g
acquired
-
-
2,559
-
Feb 27, 2024
hendry jon
sold (taxes)
-15,812
21.84
-724
chief technology officer & evp
Feb 27, 2024
hendry jon
acquired
-
-
2,298
chief technology officer & evp
Feb 27, 2024
keney missy
acquired
-
-
504
chief engagement officer & evp

1–10 of 50

Which funds bought or sold ALRS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 24, 2024
Cetera Investment Advisers
added
0.85
-10,967
643,090
-%
May 16, 2024
COMERICA BANK
unchanged
-
-297
11,548
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.92
-26,713
39,338
-%
May 15, 2024
ENDEAVOUR CAPITAL ADVISORS INC
unchanged
-
-120,699
4,705,110
1.63%
May 15, 2024
Squarepoint Ops LLC
new
-
351,223
351,223
-%
May 15, 2024
Mariner, LLC
added
0.48
-9,179
442,249
-%
May 15, 2024
TWO SIGMA ADVISERS, LP
reduced
-32.99
-223,513
421,319
-%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-88.66
-22,484
2,794
-%
May 15, 2024
Cetera Advisors LLC
new
-
637,698
637,698
-%
May 15, 2024
BOOTHBAY FUND MANAGEMENT, LLC
added
145
2,343,280
4,022,530
0.08%

1–10 of 49

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
May 28, 2024
8-K
Current Report
May 23, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading
May 23, 2024
8-K
Current Report
May 17, 2024
425
Prospectus Filed

Peers (Alternatives to Alerus Financial Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
571.3B
180.9B
-0.94% 40.74%
11.35
3.16
60.42% 19.83%
308.6B
137.9B
-0.75% 41.13%
12.33
2.24
56.12% -12.56%
202.6B
88.5B
-4.61% 41.55%
10.8
2.29
42.28% 26.14%
114.5B
140.1B
-6.10% 28.52%
14.32
0.82
54.53% -
15.8B
10.4B
-3.20% 33.33%
11.05
1.52
26.22% -33.87%
12.8B
8.1B
-9.51% 42.26%
14.67
1.58
32.15% -50.93%
MID-CAP
6.3B
4.2B
-10.31% 16.94%
9.11
1.49
34.68% -45.96%
6.1B
4.1B
-5.85% 52.87%
9.68
1.49
32.93% -30.73%
3.3B
1.3B
-3.65% 43.30%
11.65
2.51
30.60% -12.99%
3.1B
2.0B
-5.50% 27.29%
19.03
1.5
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
411.3M
173.1M
- 21.57%
14.1
2.38
26.54% -34.86%
360.1M
176.1M
-5.50% -0.33%
36.22
2.04
35.14% -73.84%
280.1M
98.7M
1.02% 1.02%
9.52
2.84
6.27% -22.90%
42.4M
62.5M
-9.85% -4.26%
-14.32
0.68
18.83% -145.18%

Alerus Financial Corp News

Latest updates
Yahoo New Zealand News34 hours ago
Yahoo Finance16 May 202407:00 am

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue9.7%49.0045.0042.0040.0038.0036.0032.0024.0023.0030.0036.0037.0041.0039.0045.0038.0023.0030.0030.0030.0025.00
EBITDA Margin-9.2%0.62*0.68*0.96*1.09*1.23*1.39*1.44*1.49*1.60*1.78*1.06*1.05*---------
Interest Expenses3.1%22.0022.0020.0022.0024.0027.0028.0023.0022.0023.0021.0021.0022.0023.0022.0020.0019.0018.0019.0018.0019.00
Income Taxes168.2%2.00-3.062.003.002.004.003.003.003.004.004.004.005.003.006.004.001.002.002.003.002.00
Earnings Before Taxes147.8%9.00-17.8212.0012.0010.0015.0013.0012.0013.0017.0017.0015.0020.0013.0023.0015.007.0010.009.0011.008.00
EBT Margin-18.0%0.08*0.10*0.31*0.34*0.38*0.45*0.50*0.57*0.63*0.75*0.43*0.44*---------
Net Income143.6%6.00-14.759.009.008.0011.0010.009.0010.0013.0013.0012.0015.0010.0018.0011.005.008.007.008.006.00
Net Income Margin-20.4%0.06*0.07*0.24*0.26*0.29*0.35*0.38*0.43*0.48*0.57*0.33*0.34*---------
Free Cashflow463.0%11.00-3.0618.0011.00-0.4848.0036.00-17.9035.0031.0033.0029.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets11.0%4,3383,9083,8693,8333,8873,7803,6913993,3363,3933,1753,1573,1523,0142,8992,8752,5122,3572,2282,2122,195
    Cash Equivalents320.2%54613065.0065.0014558.0054.0010213324215931519017396.0021019814461.0045.0045.00
  Net PPE-----------18.0019.0020.0020.0020.0021.0020.0021.0021.00--
  Goodwill0%47.0047.0047.0047.0047.0047.0046.0015.0031.0031.0030.0030.0030.003.0027.0027.0027.0027.0027.00--
Liabilities12.1%3,9663,5393,5203,4753,5283,4233,3463553,0083,0332,8222,8132,8232,7002,5772,5702,2182,0711,947--
  Short Term Borrowings76.7%55531451549237237854.00117-------------
  Long Term Debt0.0%59.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.0059.00--
Shareholder's Equity0.7%372369349358359357345307329359353344329330322306294286281179169
  Retained Earnings1.0%275273291286281280273267261254244233224212205190181178173--
  Additional Paid-In Capital0.3%15115015215315515515593.0093.0093.0092.0091.0091.0090.0090.0089.0089.0089.0088.00--
Shares Outstanding0.2%20.0020.0020.0020.0020.0020.0020.0017.0017.0017.0017.0017.00---------
Float----342---389---470---315---235-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations841.0%11,989-1,61818,60014,383-2,38348,23137,004-17,55635,28732,09233,41629,48354,841-2,4092,850-1,527-21,16617,31614,338-11,007-1,399
  Share Based Compensation36.0%5934363776561595123516633781,291545761498593475624235420335649346
Cashflow From Investing-144.5%-22,38950,301-57,006-28,127-17,256-118,402-16,258-44,930-113,032-153,672-188,632105,016-180,370-27,242-124,065-315,516-71,567-70,0405,09113,443-14,088
Cashflow From Financing2485.7%426,27916,48637,659-65,966106,57874,246-3,622-33,303-31,734204,437-760-9,286142,784106,8626,529328,991147,216135,556-3,175-2,36419,684
  Dividend Payments5.6%3,7573,5593,8383,8053,6203,6153,6152,7862,7842,7762,7762,5972,6022,5972,5992,5962,5952,5972,3641,9751,973
  Buy Backs-92.7%1532,0821,2422,95336141.00-90.0060719175.00-44611036.00-3361.001,84117.0089.00
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ALRS Income Statement

2024-03-31
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest Income  
Loans, including fees$ 39,294$ 30,933
Taxable4,5685,951
Exempt from federal income taxes174190
Other5,002735
Total interest income49,03837,809
Interest Expense  
Deposits20,1529,104
Short-term borrowings5,9894,393
Long-term debt678654
Total interest expense26,81914,151
Net interest income22,21923,658
Provision for credit losses 550
Net interest income after provision for credit losses22,21923,108
Noninterest Income  
Mortgage banking1,6701,717
Other1,4912,559
Total noninterest income25,32325,253
Noninterest Expense  
Compensation19,33219,158
Employee taxes and benefits6,1885,853
Occupancy and equipment expense1,9061,899
Business services, software and technology expense5,3455,324
Intangible amortization expense1,3241,324
Professional fees and assessments1,9931,152
Marketing and business development685686
Supplies and postage528460
Travel292248
Mortgage and lending expenses441497
Other9851,268
Total noninterest expense39,01937,869
Income before income taxes8,52310,492
Income tax expense2,0912,306
Net income$ 6,432$ 8,186
Per Common Share Data  
Basic earnings per common share$ 0.32$ 0.41
Diluted earnings per common share0.320.40
Dividends declared per common share$ 0.19$ 0.18
Average common shares outstanding19,73920,028
Diluted average common shares outstanding19,98620,246
Retirement and benefit services  
Noninterest Income  
Revenue$ 15,655$ 15,482
Wealth management  
Noninterest Income  
Revenue6,1185,194
Service charges on deposit accounts  
Noninterest Income  
Revenue$ 389$ 301

ALRS Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and cash equivalents$ 545,772$ 129,893
Trading4,5530
Available-for-sale, at fair value (amortized cost of $573,733 and $584,754, respectively)472,272486,736
Held-to-maturity, at amortized cost (fair value of $249,807 and $258,617, respectively, with an allowance for credit losses on investments of $207 and $213, respectively)291,932299,515
Loans held for sale10,62511,497
Loans2,799,4752,759,583
Allowance for credit losses on loans(36,584)(35,843)
Net loans2,762,8912,723,740
Land, premises and equipment, net18,16217,940
Operating lease right-of-use assets5,1125,436
Accrued interest receivable16,14915,700
Bank-owned life insurance33,39633,236
Goodwill46,78346,783
Other intangible assets, net15,83417,158
Servicing rights1,9832,052
Deferred income taxes, net34,79634,595
Other assets77,83383,432
Total assets4,338,0933,907,713
Deposits  
Noninterest-bearing692,500728,082
Interest-bearing2,592,4692,367,529
Total deposits3,284,9693,095,611
Short-term borrowings555,000314,170
Long-term debt58,98558,956
Operating lease liabilities5,4205,751
Accrued expenses and other liabilities62,08464,098
Total liabilities3,966,4583,538,586
Commitments and contingencies (Note 11)
Stockholders' equity  
Preferred stock, $1 par value, 2,000,000 shares authorized: 0 issued and outstanding
Common stock, $1 par value, 30,000,000 shares authorized: 19,776,786 and 19,734,077 issued and outstanding19,77719,734
Additional paid-in capital150,740150,343
Retained earnings275,374272,705
Accumulated other comprehensive income (loss)(74,256)(73,655)
Total stockholders' equity371,635369,127
Total liabilities and stockholders' equity$ 4,338,093$ 3,907,713
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
 WEBSITEhttps://alerus.com
 INDUSTRYBanks Diversified
 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 Fri Jun 21 2024, market cap of Alerus Financial Corp is 360.14 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 Fri Jun 21 2024, ALRS's PE ratio (Price to Earnings) is 36.22 and Price to Sales (PS) ratio is 2.04. 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 -0.096 (multiply by 100 for percentage) rate of return.