Alerus Financial Corporation (ALRS)

Market Cap	535.47M
Revenue (ttm)	224.22M
Net Income (ttm)	24.57M
Shares Out	25.37M
EPS (ttm)	1.08
PE Ratio	19.17
Forward PE	9.34
Dividend	$0.84 (3.97%)
Ex-Dividend Date	Jun 27, 2025

Volume	33,584
Open	21.07
Previous Close	20.77
Day's Range	20.83 - 21.23
52-Week Range	15.78 - 24.41
Beta	0.72
Analysts	Hold
Price Target	23.20 (+9.9%)
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...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Sep 13, 2019
• Employees: 892
• Stock Exchange: NASDAQ
• Ticker Symbol: ALRS
• Website: https://www.alerus.com

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%.

Analyst 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 9.90% from the latest price.

Price Target

$23.2

(9.90% upside)

Analyst Consensus: Hold