Alerus Financial Corporation (ALRS)
Stock Price Chart
Key Info
| Market Cap | 373.09M |
| Revenue (ttm) | 191.33M |
| Net Income (ttm) | 31.59M |
| Shares Out | 17.12M |
| EPS (ttm) | 1.83 |
| PE Ratio | 11.91 |
| Forward PE | n/a |
| Dividend | $0.60 |
| Dividend Yield | 2.75% |
Stock Quote
| Trading Day | Oct 28, 2020 |
| Last Price | $21.79 |
| Previous Close | $21.97 |
| Change ($) | -0.18 |
| Change (%) | -0.82% |
| Day's Open | 21.26 |
| Day's Range | 20.89 - 21.97 |
| Day's Volume | 16,057 |
| 52-Week Range | 15.05 - 23.58 |
More Stats
| Market Cap | 373.09M |
| Enterprise Value | 230.66M |
| Earnings Date (est) | Oct 28, 2020 |
| Ex-Dividend Date | Sep 17, 2020 |
| Shares Outstanding | 17.12M |
| Float | 13.75M |
| EPS (basic) | 1.89 |
| EPS (diluted) | 1.83 |
| FCF / Share | n/a |
| Dividend | $0.60 |
| Dividend Yield | 2.75% |
| Earnings Yield | 8.40% |
| FCF Yield | n/a |
| Payout Ratio | 31.20% |
| Shares Short | 237,643 |
| Short Ratio | 5.83 |
| Short % of Float | 1.73% |
| Beta | 0.74 |
| PE Ratio | 11.91 |
| Forward PE | n/a |
| P/FCF Ratio | n/a |
| PS Ratio | 1.95 |
| PB Ratio | 1.25 |
| Revenue | 191.33M |
| Operating Income | 41.11M |
| Net Income | 31.59M |
| Free Cash Flow | n/a |
| Net Cash | 142.43M |
| Net Cash / Share | 8.32 |
| Gross Margin | 94.83% |
| Operating Margin | 21.48% |
| Profit Margin | 16.50% |
| FCF Margin | n/a |
| ROA | 1.24% |
| ROE | 13.03% |
| ROIC | 1.70% |
Analyst Forecasts
Analyst Consensus: Hold
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 181 | 169 | 167 | 165 |
| Revenue Growth | 7.13% | 1.15% | 1.49% | - |
| Gross Profit | 181 | 169 | 167 | 165 |
| Operating Income | 38.90 | 33.04 | 32.52 | 21.18 |
| Net Income | 29.54 | 25.87 | 15.00 | 14.04 |
| Shares Outstanding | 14.74 | 13.76 | 13.65 | 13.50 |
| Earnings Per Share | 1.91 | 1.84 | 1.07 | 1.00 |
| EPS Growth | 3.8% | 71.96% | 7% | - |
| Dividend Per Share | 0.29 | - | - | - |
| Operating Cash Flow | 19.25 | 53.55 | 47.89 | 33.99 |
| Capital Expenditures | -2.03 | -3.74 | -0.56 | -1.28 |
| Free Cash Flow | 17.22 | 49.81 | 47.33 | 32.71 |
| Cash & Equivalents | 144 | 40.65 | 122 | 207 |
| Total Debt | 67.63 | 152 | 88.82 | 59.54 |
| Net Cash / Debt | 76.37 | -112 | 33.18 | 148 |
| Assets | 2,357 | 2,179 | 2,136 | 2,050 |
| Liabilities | 2,071 | 1,982 | 1,956 | 1,882 |
| Book Value | 286 | 162 | 148 | 139 |
Company Profile
Company Details
| Full Name | Alerus Financial Corporation |
| Country | United States |
| Employees | 789 |
| CEO | Randy L. Newman |
Stock Information
| Ticker Symbol | ALRS |
| Stock Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NASDAQ: ALRS |
| IPO Date | September 13, 2019 |
Description
Alerus Financial Corporation, through its subsidiary Alerus Financial, National Association, provides various financial services to businesses and consumers in the United States. The company operates through four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products and services, including demand deposits, checking, interest-bearing transaction accounts, money market accounts, time and savings deposits, 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 lending products, such as 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; and installment loans and lines of credit. 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; and wealth management services, such as financial planning, investment management, personal and corporate trust services, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. 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.