ALERUS FINANCIAL CORP
ALERUS FINANCIAL CORP
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Financial Statements
Values in Millions ($) | 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 | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 Accru… | 534 | 522 | 514 | 531 | 541 | 568 | 588 | 466 | 459 | 472 | 487 | 640 | |||||
Debt Securities Held To Maturity Excluding Accrued… | 243 | 247 | 254 | 259 | 264 | 269 | 276 | 282 | 287 | 292 | 300 | 303 | |||||
Loans Receivable Held For Sale Net Not Part Of Dis… | - | - | - | - | - | 13 | 17 | 13 | 38 | 11 | 11 | 16 | |||||
Financing Receivable Excluding Accrued Interest Be… | - | 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 Exc… | - | -51 | -62 | -62 | -59 | -62 | -60 | -39 | -38 | -37 | -36 | -36 | |||||
Financing Receivable Excluding Accrued Interest Af… | - | 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 | |||||
Deposits | |||||||||||||||||
Liabilities And Stockhold… | |||||||||||||||||
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… | -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 … | - | - | - | - | - | - | - | - | 562 | 574 | 585 | - | |||||
Debt Securities Available For Sale Amortized Cost … | - | - | - | - | - | - | - | 549 | - | - | - | - | |||||
Debt Securities Available For Sale Amortized Cost … | 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 Cre… | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Par Or Stated Value Per Share | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
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 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.08% | 10.13% | 20.16% | - | - | - | - | - | - | - | - | - |
| 2025 | -0.28% | 5.07% | 4.07% | 6.15% | 8.82% | 4.35% | 1.17% | 3.19% | 12.20% | -4.28% | 3.44% | 13.91% |
| 2024 | -1.31% | -6.89% | 9.50% | 7.73% | 8.08% | 12.49% | 9.29% | -1.19% | -2.02% | -9.24% | 12.85% | 14.87% |
| 2023 | - | - | - | - | - | - | 3.39% | 24.93% | 17.82% | -0.46% | -7.43% | -10.95% |
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Performance and Valuation Metrics
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Metrics | 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 | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 13.18 | 14.66 | 9.69 | 26.06 | 20.05 | 2.04 | 1.40 | 1.07 | 1.10 | 1.15 | 1.21 | 1.77 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.09 | 1.06 | 0.68 | 1.96 | 1.51 | 0.96 | 0.83 | 0.15 | 0.35 | 0.50 | 0.58 | 1.86 | |||||
| Free Cash Flow Per Share TTM | 2.65 | 3.11 | 2.32 | 1.38 | 0.88 | 0.17 | 0.45 | 0.73 | 0.48 | 2.02 | 1.29 | 3.57 | |||||
| Dividend Per Share TTM | 0.84 | 0.82 | 0.82 | 0.58 | 0.52 | 0.66 | 0.73 | 0.77 | 0.75 | 0.76 | 0.74 | 0.74 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 19.78% | -52.08% | -62.61% | -70.39% | -74.65% | -77.02% | -77.94% | -49.01% | -36.96% | -50.10% | -34.79% | -199.48% | |||||
| Operating Profit Margin TTM | 29.73% | 52.51% | 34.29% | 100.82% | 77.86% | 49.67% | 35.98% | 5.96% | 10.69% | 17.09% | 19.55% | 230.08% | |||||
| Net Profit Margin TTM | 22.75% | 40.33% | 26.47% | 77.44% | 59.77% | 38.05% | 27.62% | 3.27% | 7.26% | 12.23% | 14.42% | 178.31% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 88.05% | 3.65% | 2.36% | -31.14% | -33.25% | -20.24% | -20.62% | 351.35% | 3,461.93% | 334.41% | 288.53% | -74.61% | |||||
| Net Income Growth (1Y) | -28.42% | 9.86% | -1.92% | 1,530.82% | 449.36% | 148.07% | 52.02% | -91.72% | -81.37% | -73.84% | -70.76% | -10.62% | |||||
| EPS Growth (1Y) | -27.60% | 9.77% | -18.66% | 1,170.75% | 328.28% | 93.09% | 43.89% | -91.69% | -81.13% | -73.46% | -72.65% | -10.11% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 28.15 | 22.05 | 32.26 | 10.87 | 13.70 | 18.16 | 21.55 | 137.15 | 51.07 | 39.78 | 34.71 | 8.73 | |||||
| P/B TTM | 1.34 | 1.04 | 1.00 | 1.00 | 0.99 | 0.87 | 0.77 | 1.10 | 0.96 | 1.06 | 1.10 | 0.93 | |||||
| P/S TTM | 6.40 | 8.89 | 8.54 | 8.42 | 8.19 | 6.91 | 5.95 | 4.48 | 3.71 | 4.87 | 5.01 | 15.56 | |||||
| Market Cap | 780.02M | 597.44M | 562.52M | 548.09M | 530.20M | 447.87M | 383.17M | 424.07M | 359.82M | 395.53M | 405.93M | 326.00M | |||||
| Enterprise Value | 1.08B | 727.82M | 863.31M | 715.20M | 823.03M | 623.98M | 619.96M | 661.83M | 535.69M | 463.74M | 649.16M | 835.67M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 66.50M | 78.96M | 58.83M | 35.14M | 22.25M | 4.21M | 9.38M | 14.49M | 9.49M | 39.85M | 25.71M | 70.85M | |||||
| Net Debt | 295.23M | 130.39M | 300.79M | 167.11M | 292.82M | 176.12M | 236.79M | 237.77M | 175.87M | 68.21M | 243.23M | 509.67M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
ALERUS 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. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), ALERUS FINANCIAL CORP reported a 88.05% year-over-year revenue growth, a Gross Profit Margin of 19.78% (TTM), a Price-to-Sales (P/S) ratio of 6.40x (TTM), a Price-to-Book (P/B) ratio of 1.34x (TTM), at a market cap of $780.02M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 88.05%
- Gross Profit Margin TTM
- 19.78%
- P/S TTM
- 6.40x
- P/B TTM
- 1.34x
- Market Cap
- $780.02M
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 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 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.