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Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
32.93
+0.13 (0.40%)
At close: Sep 10, 2026, 4:00 PM EDT
32.79
-0.14 (-0.43%)
After-hours: Sep 10, 2026, 7:30 PM EDT

Alerus Financial Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
241.9223.82203.83166.01210.95237.99
Revenue Growth
-4.06%9.80%22.78%-21.30%-11.36%7.05%
Net Income
27.5717.417.7411.6939.5951.88
Earnings Per Share
1.070.680.830.582.102.97
EPS Growth
-32.63%-18.07%43.10%-72.38%-29.29%17.86%

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Banking Incl. Mortgage
146.94132.58112.4781.45125.19-
Corporate Administration
-2.49-2.910.83-2.58-2.24-1.86
Retirement and Benefit Services
68.5165.8964.3765.2967.1471.71
Wealth Advisory Services
28.9428.2726.1721.8620.8721.05
Total
241.9223.82203.83166.01210.95237.99

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
117.9853.6848.937.8436.5821.29
Total Debt
454.15414.95325.62388.06449.1364.58
Net Cash (Debt)
-336.17-361.26-276.72-350.22-412.55-43.28
Net Cash Growth
------
Net Cash Per Share
-13.12-14.06-12.98-17.39-21.85-2.48

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
95.5467.5321.7526.82102.97149.83
Capital Expenditures
-6.23-8.7-12.37-3.07-1.79-1.71
Free Cash Flow
89.3158.839.3823.75101.18148.13
Free Cash Flow Growth
219.95%527.46%-60.51%-76.53%-31.70%-

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Profit Margin
11.40%7.78%8.71%7.04%18.77%21.80%
FCF Margin
36.92%26.28%4.60%14.30%47.96%62.24%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.8800.8300.7900.7500.7000.630
Dividend Per Share Growth
4.88%5.06%5.33%7.14%11.11%5.00%
Dividend Yield
2.67%3.74%4.34%3.68%3.43%2.53%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
30.6832.8727.4837.8711.799.71
Forward PE
12.279.4210.7321.909.9713.66
P/FCF Ratio
9.189.7252.0018.654.613.40
PS Ratio
3.392.562.392.672.212.12