ALRS
ALERUS FINANCIAL CORPCompany Information
- Company Name
- ALERUS FINANCIAL CORP
- CIK
- CIK0000903419
- Category
- Accelerated filer
- Ticker: Exchange
- ALRS: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 02 Finance
- SIC
- 6021
- SIC Description
- National Commercial Banks
- Ticker
- ALRS
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-05-27
- Last sale
- —
- Shares purchased (TTM)
- 3,350
- Shares sold (TTM)
- 0
Institutional Sentiment
- As of
- 2026-03-31
- Institutional shares owned
- 14,925,142
- Shares outstanding
- 25,380,000
- Ownership
- 58.81%
Earnings Market Reaction
- Filing date
- 2026-08-03
- Price on filing date
- —
- 1-month reaction
- -2.93%
- 3-month reaction
- Pending
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 109 | 129 | 67 | 92 | 81 | 83 | 61 | 66 | 438 | 546 | 130 | 65 | ||||||
| Trading Securities Debt | 1 | 2 | 2 | 1 | 2 | 3 | 3 | 3 | 3 | 5 | 0 | - | ||||||
| Debt Securities Available For Sale Excluding Accrued Interest | 534 | 522 | 514 | 531 | 541 | 568 | 588 | 466 | 459 | 472 | 487 | 640 | ||||||
| Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss | 243 | 247 | 254 | 259 | 264 | 269 | 276 | 282 | 287 | 292 | 300 | 303 | ||||||
| Loans Receivable Held For Sale Net Not Part Of Disposal Group | - | - | - | - | - | 13 | 17 | 13 | 38 | 11 | 11 | 16 | ||||||
| Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss | 4,034 | 4,035 | 4,048 | 4,102 | 4,045 | 4,085 | 3,993 | 3,032 | 2,916 | 2,799 | 2,760 | 2,606 | ||||||
| Financing Receivable Allowance For Credit Loss Excluding Accrued Interest | -48 | -51 | -62 | -62 | -59 | -62 | -60 | -39 | -38 | -37 | -36 | -36 | ||||||
| Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss | 3,986 | 3,984 | 3,986 | 4,040 | 3,985 | 4,024 | 3,933 | 2,993 | 2,877 | 2,763 | 2,724 | 2,570 | ||||||
| Property Plant And Equipment Net | 44 | 44 | 43 | 44 | 43 | 41 | 40 | 19 | 17 | 18 | 18 | 17 | ||||||
| Operating Lease Right Of Use Asset | 32 | 33 | 29 | 30 | 13 | 13 | 13 | 9 | 5 | 5 | 5 | 6 | ||||||
| Interest Receivable | 20 | 20 | 22 | 22 | 21 | 21 | 20 | 16 | 17 | 16 | 16 | 16 | ||||||
| Bank Owned Life Insurance | 42 | 39 | 39 | 39 | 39 | 36 | 36 | 36 | 36 | 33 | 33 | 33 | ||||||
| Goodwill | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 47 | 47 | 47 | 47 | 47 | ||||||
| Intangible Assets Net Excluding Goodwill | 29 | 31 | 33 | 36 | 38 | 41 | 44 | 13 | 15 | 16 | 17 | 18 | ||||||
| Servicing Asset At Amortized Value | - | - | - | - | - | - | - | - | - | - | - | 2 | ||||||
| Deferred Income Tax Assets Net | 18 | 21 | 23 | 38 | 41 | 45 | 53 | 33 | 36 | 35 | 35 | 48 | ||||||
| Other Assets | 112 | 100 | 103 | 88 | 95 | 91 | 85 | 86 | 83 | 78 | 83 | 87 | ||||||
| Assets | 5,289 | 5,288 | 5,230 | 5,331 | 5,324 | 5,340 | 5,262 | 4,359 | 4,359 | 4,338 | 3,908 | 3,833 | ||||||
Liabilities | ||||||||||||||||||
| Noninterest Bearing Deposit Liabilities | 760 | 858 | 808 | 777 | 790 | 889 | 903 | 658 | 701 | 693 | 728 | 718 | ||||||
| Interest Bearing Deposit Liabilities | 3,432 | 3,490 | 3,384 | 3,636 | 3,547 | 3,596 | 3,475 | 2,666 | 2,597 | 2,592 | 2,368 | 2,154 | ||||||
| Deposits | 4,192 | 4,348 | 4,192 | 4,413 | 4,337 | 4,485 | 4,378 | 3,324 | 3,299 | 3,285 | 3,096 | 2,872 | ||||||
| Short Term Borrowings | 345 | 200 | 309 | 200 | 315 | 200 | 239 | 245 | 555 | 555 | 314 | 515 | ||||||
| Long Term Debt | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | ||||||
| Operating Lease Liability | 43 | 43 | 36 | 37 | 18 | 19 | 19 | 10 | 5 | 5 | 6 | 6 | ||||||
| Accrued Liabilities And Other Liabilities | 67 | 64 | 69 | 71 | 61 | 62 | 71 | 61 | 68 | 62 | 64 | 67 | ||||||
| Liabilities | 4,706 | 4,713 | 4,665 | 4,780 | 4,791 | 4,825 | 4,766 | 3,698 | 3,985 | 3,966 | 3,539 | 3,520 | ||||||
Stockholders Equity | ||||||||||||||||||
| Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | - | ||||||
| Common Stock Value | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 20 | 20 | 20 | 20 | 20 | ||||||
| Additional Paid In Capital | 260 | 266 | 272 | 271 | 271 | 270 | 270 | 151 | 151 | 151 | 150 | 152 | ||||||
| Retained Earnings Accumulated Deficit | 303 | 288 | 270 | 308 | 297 | 282 | 274 | 279 | 278 | 275 | 273 | 291 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -5 | -4 | -2 | -54 | -60 | -63 | -73 | -63 | -75 | -74 | -74 | -113 | ||||||
| Stockholders Equity | 583 | 575 | 565 | 551 | 533 | 514 | 495 | 386 | 373 | 372 | 369 | 349 | ||||||
| Liabilities And Stockholders Equity | 5,289 | 5,288 | 5,230 | 5,331 | 5,324 | 5,340 | 5,262 | 4,085 | 4,359 | 4,338 | 3,908 | 3,869 | ||||||
| Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss | - | - | - | - | - | - | - | - | 562 | 574 | 585 | - | ||||||
| Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss | - | - | - | - | - | - | - | 549 | - | - | - | - | ||||||
| Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss | 542 | 528 | 517 | 603 | 621 | 652 | 687 | - | - | - | 585 | - | ||||||
| Held To Maturity Securities Fair Value | 215 | 220 | 228 | 231 | 232 | 235 | 237 | 250 | 244 | 250 | 259 | - | ||||||
| Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Preferred Stock Par Or Stated Value Per Share | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||
| Preferred Stock Shares Authorized | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Common Stock Par Or Stated Value Per Share | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||
| Common Stock Shares Authorized | 60 | 60 | 60 | 60 | 60 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | ||||||
| Common Stock Shares Issued | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 20 | 20 | 20 | 20 | 20 | ||||||
| Shares Outstanding | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 20 | 20 | 20 | 20 | 20 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialALERUS FINANCIAL CORP (ALRS) — SEC Financial Statements & Analysis
ALERUS FINANCIAL CORP (ALRS) is a national commercial banks company, incorporated in DE. ALERUS FINANCIAL CORP trades on Nasdaq as: ALRS. ALERUS FINANCIAL CORP (ALRS)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-03. Based on that filing, ALERUS FINANCIAL CORP carries a market cap of $780.02M, a P/E ratio of 28.15x, a P/B ratio of 1.34x, a P/S ratio of 11.39x, an enterprise value of $1.08B, and an EV/EBITDA multiple of 20.10x. On profitability, it posts a gross margin of -42.61%, an operating margin of 52.84%, a net margin of 40.44%, a Return on Equity (ROE) of 4.96%, and a Return on Invested Capital (ROIC) of 3.51%. Per share, it reports EPS of $1.10, diluted EPS of $1.09, free cash flow per share of $3.56, and a dividend per share of $0.84. Over the trailing year, it posted revenue growth of 5.78% year-over-year, net income growth of -28.42% year-over-year, and EPS growth of -27.60% year-over-year. On the balance sheet, it maintains an interest coverage ratio of 13.18x, free cash flow of $89.31M (TTM), and net debt of $295.23M. Figures sourced from SEC EDGAR.
- Market Cap
- $780.02M
- P/E TTM
- 28.15x
- EPS TTM
- $1.10
- P/B TTM
- 1.34x
- ROE TTM
- 4.96%
- Free Cash Flow TTM
- $89.31M
- Net Revenue TTM Growth 1Y
- 5.78%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is ALERUS FINANCIAL CORP in?
ALERUS FINANCIAL CORP (ALRS) operates in the National Commercial Banks industry.
What exchange does ALRS trade on?
ALERUS FINANCIAL CORP (ALRS) trades on the Nasdaq.
Where is ALERUS FINANCIAL CORP incorporated?
ALERUS FINANCIAL CORP is incorporated in DE.
When was ALERUS FINANCIAL CORP (ALRS)'s most recent SEC filing?
ALERUS FINANCIAL CORP (ALRS)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-03.
What is ALRS's market cap?
ALERUS FINANCIAL CORP (ALRS) has a market capitalization of $780.02M as of 2026-06-30.
What is ALRS's P/E ratio?
ALERUS FINANCIAL CORP (ALRS)'s trailing twelve month P/E ratio is 28.15x as of 2026-06-30.
What is ALRS's EPS (earnings per share)?
ALERUS FINANCIAL CORP (ALRS)'s trailing twelve month EPS is $1.10 as of 2026-06-30.
What is ALRS's ROE (return on equity)?
ALERUS FINANCIAL CORP (ALRS)'s trailing twelve month Return on Equity (ROE) is 4.96% as of 2026-06-30.
What is ALRS's ROIC (return on invested capital)?
ALERUS FINANCIAL CORP (ALRS)'s trailing twelve month Return on Invested Capital (ROIC) is 3.51% as of 2026-06-30.
What is ALRS's EV/EBITDA?
ALERUS FINANCIAL CORP (ALRS)'s trailing twelve month EV/EBITDA is 20.10x as of 2026-06-30.