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Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
33.27
-0.29 (-0.86%)
At close: Jul 31, 2026, 4:00 PM EDT
32.63
-0.64 (-1.92%)
After-hours: Jul 31, 2026, 7:34 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
300.92224.93240.12170.13210.95230.99
Revenue Growth
7.84%-6.32%41.14%-19.35%-8.67%-5.38%
Net Income
27.7117.4417.7811.740.0152.68
Earnings Per Share
1.080.680.830.582.102.97
EPS Growth
-36.09%-18.07%43.10%-72.38%-29.29%17.86%

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

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Equivalents
109.0167.1961.24129.8958.24242.31
Total Debt
59.2459.1859.0758.9658.8458.93
Net Cash (Debt)
-59.24-59.18-59.07-58.96-58.84-58.93
Net Cash Growth
------
Net Cash Per Share
-2.31-2.30-2.77-2.93-3.12-3.37

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
87.6367.5321.7526.82102.97149.83
Capital Expenditures
-8.67-8.7-12.37-3.07-1.79-1.71
Free Cash Flow
78.9658.839.3823.75101.18148.13
Free Cash Flow Growth
537.10%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
Pretax Margin
12.03%10.04%9.64%9.32%24.74%29.91%
Profit Margin
9.21%7.75%7.40%6.87%18.96%22.81%
FCF Margin
0.00%26.16%3.90%13.96%47.96%64.13%

Dividends
Chart
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
2.65%3.64%3.81%3.32%2.94%2.14%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
31.0033.1223.1838.6011.129.86
Forward PE
12.439.4210.7321.909.9713.66
P/FCF Ratio
10.539.7352.0118.614.613.40
PS Ratio
3.442.542.032.602.212.18