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Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
34.63
+1.46 (4.40%)
At close: Nov 2, 2026, 4:00 PM EST
34.63
0.00 (0.00%)
After-hours: Nov 2, 2026, 4:10 PM EST

Alerus Financial Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
248.21223.82203.83166.01210.95237.99
Revenue Growth
-9.89%9.80%22.78%-21.30%-11.36%7.05%
Net Income
29.8217.417.7411.6939.5951.88
Earnings Per Share
1.170.680.830.582.102.97
EPS Growth
-40.01%-18.07%43.10%-72.38%-29.29%17.86%

Revenue by Segment
Chart
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Retirement and Benefit Services
65.8964.3765.2967.1471.71
Corporate Administration
-2.910.83-2.58-2.24-1.86
Wealth Advisory Services
28.2726.1721.8620.8721.05
Banking Incl. Mortgage
132.58112.4781.45125.19-
Total
223.82203.83166.01210.95237.99

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
66.5753.6848.937.8436.5821.29
Total Debt
419.9414.95325.62388.06449.1364.58
Net Cash (Debt)
-353.33-361.26-276.72-350.22-412.55-43.28
Net Cash Growth
------
Net Cash Per Share
-13.86-14.06-12.98-17.39-21.85-2.48

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-67.5321.7526.82102.97149.83
Capital Expenditures
--8.7-12.37-3.07-1.79-1.71
Free Cash Flow
-58.839.3823.75101.18148.13
Free Cash Flow Growth
-527.46%-60.51%-76.53%-31.70%-

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Profit Margin
12.01%7.78%8.71%7.04%18.77%21.80%
FCF Margin
-26.28%4.60%14.30%47.96%62.24%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '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
2.54%3.69%4.11%3.34%3.00%2.15%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
29.5332.8727.4837.8711.799.71
Forward PE
12.109.4210.7321.909.9713.66
P/FCF Ratio
9.619.7252.0018.654.613.40
PS Ratio
3.462.562.392.672.212.12