Alerus Financial Corporation (ALRS)
| Market Cap | 676.97M +50.3% |
| Revenue (ttm) | 236.54M +5.5% |
| Net Income | 26.95M +9.9% |
| EPS | 1.05 -3.1% |
| Shares Out | 25.13M |
| PE Ratio | 25.66 |
| Forward PE | 10.09 |
| Dividend | $0.84 (3.12%) |
| Ex-Dividend Date | Mar 27, 2026 |
| Volume | 170,329 |
| Open | 27.10 |
| Previous Close | 27.06 |
| Day's Range | 26.49 - 27.17 |
| 52-Week Range | 20.26 - 27.60 |
| Beta | 0.69 |
| Analysts | Hold |
| Price Target | 27.30 (+1.34%) |
| Earnings Date | Apr 29, 2026 |
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 in 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, including e... [Read more]
Financial Performance
In 2025, Alerus Financial's revenue was $223.82 million, an increase of 9.80% compared to the previous year's $203.83 million. Earnings were $17.40 million, a decrease of -1.93%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for ALRS stock is "Hold." The 12-month stock price target is $27.3, which is an increase of 1.34% from the latest price.
News
Alerus Financial price target raised to $27 from $25 at Keefe Bruyette
Keefe Bruyette analyst Damon DelMonte raised the firm’s price target on Alerus Financial (ALRS) to $27 from $25 and keeps a Market Perform rating on the shares. Published first on…
Alerus Financial price target raised to $28.50 from $28 at Piper Sandler
Piper Sandler analyst Nathan Race raised the firm’s price target on Alerus Financial (ALRS) to $28.50 from $28 and keeps a Neutral rating on the shares. The firm notes the…
Alerus Financial Earnings Call Transcript: Q1 2026
Q1 2026 saw strong net income, margin expansion, and improved asset quality, with diversified fee-based revenue and disciplined expense management. Guidance calls for mid-single digit loan and revenue growth, stable capital, and continued focus on high-quality, profitable business.
Alerus Financial Corporation Reports First Quarter 2026 Net Income of $23.0 Million
MINNEAPOLIS, April 29, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $23.0 million for the first quarter of 2026, or $0.89 per diluted co...
Alerus Financial Corporation to Announce First Quarter Financial Results on Wednesday, April 29
MINNEAPOLIS, April 02, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its first quarter financial results on Wednesday, April 29, 2026.
Alerus Financial Corporation Declares Cash Dividend on Common Shares
MINNEAPOLIS, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.21 per common share on...
Alerus Financial price target raised to $29 from $27 at Raymond James
Raymond James analyst David Long raised the firm’s price target on Alerus Financial (ALRS) to $29 from $27 and keeps a Strong Buy rating on the shares following the release…
Alerus Financial price target raised to $25 from $24 at Keefe Bruyette
Keefe Bruyette analyst Damon DelMonte raised the firm’s price target on Alerus Financial (ALRS) to $25 from $24 and keeps a Market Perform rating on the shares. Published first on…
Alerus Financial Earnings Call Transcript: Q4 2025
Record adjusted earnings and strong core performance were achieved post-acquisition, with robust fee income and improved capital ratios. 2026 guidance calls for mid-single digit loan growth, stable margins, and continued focus on C&I lending and wealth management expansion.
Alerus Financial reports Q4 adjusted EPS 85c, consensus 57c
Reports Q4 revenue $77.1M, consensus $71.49M. Reports Q4 net interest income $45.2M, up 18.0% vs. last year, while net interest margin expanded 49 basis points vs. last year to 3.69%.
Alerus Financial Corporation Announces Fourth Quarter 2025 Results, Including Balance Sheet Repositioning
MINNEAPOLIS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported a net loss of $33.1 million for the fourth quarter of 2025, or $(1.27) per diluted ...
Alerus Financial downgraded to Market Perform from Outperform at Hovde Group
Hovde Group downgraded Alerus Financial (ALRS) to Market Perform from Outperform.
Alerus Financial Corporation to Announce Fourth Quarter Financial Results on Wednesday, January 28
MINNEAPOLIS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its fourth quarter financial results on Wednesday, January 28, 2026. Alerus Fina...
Alerus Financial upgraded to Strong Buy from Outperform at Raymond James
Raymond James analyst David Long upgraded Alerus Financial (ALRS) to Strong Buy from Outperform with a price target of $27, up from $25. The firm cites the company’s securities portfolio…
Alerus Financial price target lowered to $24 from $25.50 at Piper Sandler
Piper Sandler lowered the firm’s price target on Alerus Financial (ALRS) to $24 from $25.50 and keeps a Neutral rating on the shares. While Q3 results as well as preliminary…
Alerus Financial price target lowered to $24 from $25 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on Alerus Financial (ALRS) to $24 from $25 and keeps a Market Perform rating on the shares.
Alerus Financial Earnings Call Transcript: Q3 2025
Third quarter results met expectations with stable net interest income, strong loan and deposit growth, and continued proactive risk management. Outlook for 2025-2026 includes mid-single-digit loan growth, stable margins, and disciplined capital allocation.
Alerus Financial reports Q3 EPS 66c, consensus 59c
Reports Q3 revenue $73.2M, consensus $71.4M. Total wealth management assets under administration/management at September 30, 2025 were $4.8 billion, a 4.3% increase from June 30, 2025. CEO Katie Loren...
Alerus Financial Corporation Reports Third Quarter 2025 Net Income of $16.9 Million
MINNEAPOLIS--(BUSINESS WIRE)--ALERUS FINANCIAL CORPORATION REPORTS THIRD QUARTER 2025 NET INCOME OF $16.9 MILLION.
Alerus Financial Corporation to Announce Third Quarter Financial Results on Thursday, October 30
MINNEAPOLIS--(BUSINESS WIRE)--ALERUS FINANCIAL CORPORATION TO ANNOUNCE THIRD QUARTER FINANCIAL RESULTS ON THURSDAY, OCTOBER 30.
Alerus Financial announces 5% increase in dividend to 21c per share
Alerus Financial (ALRS) announced that its board of directors declared a regular quarterly cash dividend of 21c per common share on August 27, a 5.00% increase over the dividend paid…
Alerus Financial price target raised to $27 from $24 at Raymond James
Raymond James analyst David Long raised the firm’s price target on Alerus Financial (ALRS) to $27 from $24 and keeps an Outperform rating on the shares. Alerus reported an “impressive”…
Alerus Financial price target raised to $25 from $20 at DA Davidson
DA Davidson raised the firm’s price target on Alerus Financial (ALRS) to $25 from $20 and keeps a Neutral rating on the shares. EPS upside in Q2 was fueled by…
Alerus Financial price target raised to $25 from $22 at Keefe Bruyette
Keefe Bruyette analyst Damon DelMonte raised the firm’s price target on Alerus Financial (ALRS) to $25 from $22 and keeps a Market Perform rating on the shares. Earnings momentum at…
Alerus Financial Earnings Call Transcript: Q2 2025
Adjusted EPS reached $0.72 with a 1.41% ROA, driven by strong fee income and a $2M gain from a hospitality loan sale. Loan and deposit growth are expected to continue, with a focus on efficiency and technology upgrades amid ongoing competitive and macroeconomic pressures.