Alerus Financial Corporation (ALRS)
| Market Cap | 847.91M +56.8% |
| Revenue (ttm) | 248.21M -9.9% |
| Net Income | 29.82M -40.5% |
| EPS | 1.17 -40.0% |
| Shares Out | 24.75M |
| PE Ratio | 29.22 |
| Forward PE | 11.98 |
| Dividend | $0.88 (2.57%) |
| Ex-Dividend Date | Sep 25, 2026 |
| Volume | 10,192 |
| Open | 34.06 |
| Previous Close | 33.81 |
| Day's Range | 33.45 - 35.00 |
| 52-Week Range | 20.93 - 35.49 |
| Beta | 0.69 |
| Analysts | Hold |
| Price Target | 36.40 (+6.23%) |
| Earnings Date | Oct 28, 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 5 analysts, the average rating for ALRS stock is "Hold." The 12-month stock price target is $36.4, which is an increase of 6.23% from the latest price.
News
Alerus Financial price target raised to $34 from $32 at Keefe Bruyette
Keefe Bruyette analyst Damon DelMonte raised the firm’s price target on Alerus Financial (ALRS) to $34 from $32 and keeps a Market Perform rating on the shares. Published first on…
Alerus Financial Earnings Call Transcript: Q3 2026
Record Q3 revenue and strong loan growth were supported by commercial deposits and expanding fee businesses. FY26 guidance calls for mid-single-digit loan growth and adjusted revenue growth, while higher rates, purchase accretion runoff and mortgage seasonality pose near-term pressure.
Alerus Financial Earnings release: Q3 2026
Alerus Financial released its Q3 2026 earnings on October 29, 2026, summarizing the period's financial results.
Alerus Financial Slides: Q3 2026
Alerus Financial has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 29, 2026.
Alerus Financial Quarterly report: Q3 2026
Alerus Financial has published its Q3 2026 quarterly earnings report on October 29, 2026.
Alerus Financial reports Q3 EPS 76c, consensus 66c
Reports Q3 CET1 capital ratio 10.52%. Reports Q3 tangible book value per share $18.74. President and Chief Executive Officer Katie O’Neill Lorenson said, “Our third quarter results demonstrate the con...
Alerus Financial Corporation Reports Third Quarter 2026 Net Income of $19.2 Million
MINNEAPOLIS, Oct. 28, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $19.2 million for the third quarter of 2026, or $0.76 per diluted com...
Alerus Financial upgraded to Overweight from Neutral at Piper Sandler
Piper Sandler analyst Nathan Race upgraded Alerus Financial (ALRS) to Overweight from Neutral with a price target of $38, up from $37. The firm adjusted ratings in the Midwest bank…
Alerus Financial Corporation to Announce Third Quarter Financial Results on Wednesday, October 28
MINNEAPOLIS, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its third quarter financial results on Wednesday, October 28, 2026. Alerus Finan...
Alerus Financial files $200M mixed securities shelf
16:03 EDT Alerus Financial (ALRS) files $200M mixed securities shelf
Alerus Financial Registration statement: Registration filing
Alerus Financial filed a registration statement on September 2, 2026, providing details about a securities offering with the SEC.
Alerus Financial announces new stock repurchase program
Alerus Financial (ALRS) announced that its board of directors approved a new stock repurchase program which authorizes the company to repurchase up to 1.25M shares of its common stock, subject…
Alerus Financial Corporation Declares Cash Dividend on Common Shares and Announces New Stock Repurchase Program
MINNEAPOLIS, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ: ALRS), or the Company, announced that its board of directors declared a regular quarterly cash dividend of $0.22 pe...
Alerus Financial price target raised to $36 from $32 at DA Davidson
DA Davidson raised the firm’s price target on Alerus Financial (ALRS) to $36 from $32 and keeps a Neutral rating on the shares after its Q2 results. Problem loan resolution…
Alerus Financial price target raised to $37 from $32 at Piper Sandler
Piper Sandler analyst Nathan Race raised the firm’s price target on Alerus Financial (ALRS) to $37 from $32 and keeps a Neutral rating on the shares. The firm notes the…
Alerus Financial price target raised to $32 from $29 at Keefe Bruyette
Keefe Bruyette analyst Damon DelMonte raised the firm’s price target on Alerus Financial (ALRS) to $32 from $29 and keeps a Market Perform rating on the shares. Published first on…
Alerus Financial Earnings Call Transcript: Q2 2026
Second quarter results showed strong profitability, improved credit quality, and robust capital levels, with EPS at $0.81 and ROA at 1.6%. Diversified revenue streams and disciplined risk management support positive guidance for loan and revenue growth.
Alerus Financial Earnings release: Q2 2026
Alerus Financial released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Alerus Financial Slides: Q2 2026
Alerus Financial has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
Alerus Financial Quarterly report: Q2 2026
Alerus Financial has published its Q2 2026 quarterly earnings report on July 30, 2026.
Alerus Financial reports Q2 EPS 81c, consensus 81c
Reports Q2 tangible book value per share $18.73. President and Chief Executive Officer Katie O’Neill Lorenson said, “Our second quarter results demonstrate the continued strength of Alerus’ diversifie...
Alerus Financial Corporation Reports Second Quarter 2026 Net Income of $20.9 Million
MINNEAPOLIS, July 29, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $20.9 million for the second quarter of 2026, or $0.81 per diluted co...
Alerus Financial resumed with an Outperform at Raymond James
Raymond James resumed coverage of Alerus Financial (ALRS) with an Outperform rating and $34 price target Alerus is evolving into a differentiated long-term growth story, supported by diversified banki...
Alerus Financial Corporation to Announce Second Quarter Financial Results on Wednesday, July 29
MINNEAPOLIS, July 01, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its second quarter financial results after the market closes on Wednesday, July ...
Alerus Financial price target raised to $32 from $28.50 at Piper Sandler
Piper Sandler raised the firm’s price target on Alerus Financial (ALRS) to $32 from $28.50 and keeps a Neutral rating on the shares. The firm adjusted targets in the Midwest…