Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
32.68
-0.92 (-2.74%)
Aug 19, 2026, 4:00 PM EDT - Market closed

Alerus Financial Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

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

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

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

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

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

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '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
4.94%5.06%5.33%7.14%11.11%5.00%
Dividend Yield
2.69%3.74%4.34%3.68%3.43%2.53%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
30.4532.8727.4837.8711.799.71
Forward PE
12.189.4210.7321.909.9713.66
P/FCF Ratio
9.119.7252.0018.654.613.40
PS Ratio
3.362.562.392.672.212.12