Alerus Financial/ALRS

$22.58

-1.22%
-
1D1W1MYTD1YMAX

About Alerus Financial

Alerus Financial Corporation is a diversified financial services company. Through its subsidiary, Alerus Financial, National Association (the Bank), the Company provides financial solutions to businesses and consumers. It operates through four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. The Banking segment offers a complete line of loan, deposit, cash management, and treasury services. The Retirement and Benefit Services segment provides various services, including recordkeeping and administration services to qualified retirement plans; ESOP trustee, recordkeeping and administration; and investment fiduciary services to retirement plans, among others. The Wealth Management segment provides advisory and planning services, investment management, and trust and fiduciary services. The Mortgage segment offers first and second mortgage loans through a centralized mortgage unit in Minneapolis, Minnesota, as well as through the banking office locations.
Ticker
ALRS
Sector
Financials
Trading on
NASDAQ
Industry
Money Center Banks
CEO
Katie Lorenson
Employees
773
Headquarters
Grand forks, United States

Alerus Financial Metrics

BasicAdvanced
$451.12M
Market cap
-
P/E ratio
-
EPS
0.64
Beta
-
Dividend rate
3.32%
Dividend yield

What the Analysts think about Alerus Financial

Analyst Ratings

Majority rating from 4 analysts.
Hold

Price Targets

Average projection from 3 analysts.
6.29% upside
High $26.00
Low $22.00
$22.58
Current price
$24.00
Average price target

Alerus Financial Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
12.92% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$70.4M
6.67%
Net income
$9.1M
0%
Profit margin
12.92%
-6.24%

Alerus Financial Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 71.33%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.40
$0.45
$0.45
$0.49
-
Expected
$0.37
$0.35
$0.36
$0.29
$0.31
Surprise
7.7%
26.83%
26.55%
71.33%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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