Alerus Financial Corporation (ALRS)
| Market Cap | 783.51M +40.5% |
| Revenue (ttm) | 236.54M +5.5% |
| Net Income | 26.95M +9.9% |
| EPS | 1.05 -3.1% |
| Shares Out | 25.13M |
| PE Ratio | 29.70 |
| Forward PE | 11.26 |
| Dividend | $0.84 (2.69%) |
| Ex-Dividend Date | Jun 26, 2026 |
| Volume | 92,498 |
| Open | 31.00 |
| Previous Close | 30.87 |
| Day's Range | 30.78 - 31.64 |
| 52-Week Range | 20.26 - 31.86 |
| Beta | 0.70 |
| Analysts | Hold |
| Price Target | 30.25 (-2.98%) |
| Earnings Date | Jul 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 4 analysts, the average rating for ALRS stock is "Hold." The 12-month stock price target is $30.25, which is a decrease of -2.98% from the latest price.
News
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…
Alerus Financial Corporation Declares Cash Dividend on Common Shares
MINNEAPOLIS, May 22, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.22 per common share on ...
Alerus Financial Corporation Announces Sale of Three Nonperforming Loans
MINNEAPOLIS, May 19, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, closed on a sale of three non-performing loans representing a construction, land and developm...
Alerus Financial Transcript: AGM 2026
The meeting confirmed a quorum and proceeded with the election of nine directors, approval of executive compensation, and ratification of the independent auditor. All proposals passed by majority or plurality vote, and no shareholder questions were submitted.
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, driven by disciplined expense management and a diversified, fee-based revenue model. Guidance calls for mid-single digit loan and revenue growth, with continued capital returns and a focus on higher-quality, profitable business.
Alerus Financial Earnings release: Q1 2026
Alerus Financial released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.
Alerus Financial Slides: Q1 2026
Alerus Financial has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 30, 2026.
Alerus Financial Quarterly report: Q1 2026
Alerus Financial has published its Q1 2026 quarterly earnings report on April 30, 2026.
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 Proxy statement: Proxy filing
Alerus Financial filed a proxy statement on April 1, 2026, providing details for shareholder voting and corporate governance matters.
Alerus Financial Proxy statement: Proxy filing
Alerus Financial filed a proxy statement on April 1, 2026, providing details for shareholder voting and corporate governance matters.
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 Annual report: Q4 2025
Alerus Financial has published its Q4 2025 annual report on January 29, 2026.
Alerus Financial Earnings release: Q4 2025
Alerus Financial released its Q4 2025 earnings on January 29, 2026, summarizing the period's financial results.
Alerus Financial Slides: Q4 2025
Alerus Financial has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on January 29, 2026.
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.