Alerus Financial Corporation (ALRS)
| Market Cap | 533.95M |
| Revenue (ttm) | 224.22M |
| Net Income (ttm) | 24.57M |
| Shares Out | 25.37M |
| EPS (ttm) | 1.08 |
| PE Ratio | 19.42 |
| Forward PE | 9.36 |
| Dividend | $0.84 (3.99%) |
| Ex-Dividend Date | Jun 27, 2025 |
| Volume | 96,622 |
| Open | 20.98 |
| Previous Close | 20.95 |
| Day's Range | 20.85 - 21.04 |
| 52-Week Range | 15.78 - 24.41 |
| Beta | 0.71 |
| Analysts | Hold |
| Price Target | 23.20 (+10.29%) |
| Earnings Date | Jul 23, 2025 |
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 through 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, includ... [Read more]
Financial Performance
In 2024, Alerus Financial's revenue was $203.83 million, an increase of 22.78% compared to the previous year's $166.01 million. Earnings were $17.74 million, an increase of 51.64%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for ALRS stock is "Hold." The 12-month stock price forecast is $23.2, which is an increase of 10.29% from the latest price.
News
Caterpillar To Lead Dividend Increases In June As Lowe's Boosted Payout At End Of May
Dividend growth remains robust for select companies, with Casey's, Oil-Dri, and Matson poised for double-digit increases based on strong earnings and expansion. Caterpillar and Kroger are expected to ...
Alerus Financial Corporation Declares Cash Dividend on Common Shares
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.21 per common share on May 21, 2025, a ...
Alerus Financial Corporation (ALRS) Q1 2025 Earnings Call Transcript
Alerus Financial Corporation (NASDAQ:ALRS) Q1 2025 Earnings Conference Call April 29, 2025 12:00 PM ET Company Participants Katie Lorenson - President and CEO Al Villalon - Chief Financial Officer Ka...
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 Corporation (ALRS) Q4 2024 Earnings Call Transcript
Alerus Financial Corporation (NASDAQ:ALRS) Q4 2024 Earnings Conference Call January 29, 2025 12:00 PM ET Company Participants Katie Lorenson - President and Chief Executive Officer Al Villalon - Exec...
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 Corporation (ALRS) Q3 2024 Earnings Call Transcript
Alerus Financial Corporation (NASDAQ:ALRS) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Katie Lorenson - President and CEO Al Villalon - Chief Financial Officer ...
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...
Alerus Financial Corporation (ALRS) Q2 2024 Earnings Call Transcript
Alerus Financial Corporation (NASDAQ:ALRS) Q2 2024 Earnings Conference Call July 25, 2024 12:00 PM ET Company Participants Katie Lorenson – President and Chief Executive Officer Al Villalon – Chief F...
Alerus Financial Corporation Reports Second Quarter 2024 Net Income of $6.2 Million
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $6.2 million for the second quarter of 2024, or $0.31 per diluted common share, compar...
Alerus Financial Corporation to Announce Second Quarter Financial Results on Wednesday, July 24
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its second quarter financial results on Wednesday, July 24, 2024. Alerus Financial Corporation wi...
Alerus Adds Equipment Finance Team
PHOENIX--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) is pleased to announce it is expanding its specialty lending capabilities with the addition of an experienced team focused on prov...
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 , May 16, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
Alerus Financial Corporation and HMN Financial, Inc. Jointly Announce Strategic Transaction
GRAND FORKS, N.D. & ROCHESTER, Minn.--(BUSINESS WIRE)--Alerus Financial Corporation (“Alerus”) (Nasdaq: ALRS) and HMN Financial, Inc. (“HMNF”) (Nasdaq: HMNF) jointly announced today the signing of a d...
Apple, Cardinal Health Among 12 Companies To Announce Dividend Increases In First Half Of May
Eleven long-term dividend growth companies announced their annual dividend increases in the second half of April. Investors were rewarded with 10%+ increases from Grainger and Parker-Hannifin.
Alerus Financial Corporation Reports First Quarter 2024 Net Income of $6.4 Million
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $6.4 million for the first quarter of 2024, or $0.32 per diluted common share, compare...
Alerus Financial Corporation to Announce First Quarter Financial Results on Wednesday, April 24
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that it will issue its first quarter financial results on Wednesday, April 24, 2024. Alerus Financial Corporation wi...
Alerus Financial Corporation Names Forrest Wilson Chief Retirement Services Officer
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) announced today that Forrest Wilson will join Alerus as Executive Vice President and Chief Retirement Services Officer, effect...