Alerus Financial Corporation, marketed as simply Alerus, is a chain of financial institutions headquartered in Grand Forks, North Dakota, with locations in North Dakota, Minnesota, Wisconsin, and Arizona. Alerus offers banking, mortgage, wealth management, and retirement services.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| ALRS | ALERUS FINANCIAL CORP | 2026-04-02 15:28:37 | 23.84 | 0 | 0 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALRS | 0000903419 | ALERUS FINANCIAL CORP | US01446U1034 | 5493008BXLBPPELQ3G57 | 450375407 | Nasdaq | 6021 | National Commercial Banks | 1231 | DE | 401 DEMERS AVE | GRAND FORKS | ND | 58201 | UNITED STATES | US | 7017953200 | PO BOX 6001, GRAND FORKS, ND, 58206-6001 | 401 DEMERS AVE, GRAND FORKS, ND, 58201 | FIRST NATIONAL CORP NORTH DAKOTA | — | 1879 | Katie Lorenson | — | https://alerus.com/ | 527,907,182 | 25,406,278 | 25,401,161 | Alerus Financial Corporation, marketed as simply Alerus, is a chain of financial institutions headquartered in Grand Forks, North Dakota, with locations in North Dakota, Minnesota, Wisconsin, and Arizona. Alerus offers banking, mortgage, wealth management, and retirement services. | 2026-04-02 17:47:44 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 527,907,182 | 159,132,524 | 43.1517 | 25,401,161 | 38,306 | 0.151 |
| 2024 | 368,774,658 | 26,906,543 | 7.8704 | 25,362,855 | 5,625,026 | 28.4987 |
| 2023 | 341,868,115 | -47,397,551 | -12.1761 | 19,737,829 | -320,753 | -1.5991 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Karin M. Taylor | Chief Operating Officer, Executive Vice President | 2025 | 405,000 | 0 | 162,000 | 228,420 | 53,367 | 848,787 |
| Alan A. Villalon | Executive Vice President, Chief Financial Officer | 2025 | 360,000 | 0 | 162,000 | 203,040 | 43,648 | 768,688 |
| Katie A. Lorenson | President, Chief Executive Officer | 2025 | 625,000 | 0 | 437,500 | 484,688 | 82,992 | 1,630,180 |
| Jim R. Collins | Executive Vice President | 2025 | 465,000 | 0 | 186,000 | 262,260 | 54,137 | 967,397 |
| Forrest R. Wilson | Executive Vice President | 2025 | 390,000 | 0 | 156,000 | 219,960 | 50,237 | 816,197 |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 864 |
| 2024 | 892 |
| 2023 | 754 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 65,885,000 | 64,365,000 | 65,294,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | — | — | — |
| Operating Income | — | — | — |
| Net Income | 17,439,000 | 17,780,000 | 11,696,000 |
| Earnings Per Share Basic | 0.69 | 0.84 | 0.59 |
| Earnings Per Share Diluted | 0.68 | 0.83 | 0.58 |
| Weighted Average Shares Outstanding Basic | 25,380,000 | 21,047,000 | 19,922,000 |
| Weighted Average Shares Outstanding Diluted | 25,697,000 | 21,321,000 | 20,143,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 67,192,000 | 61,239,000 | 129,893,000 |
| Marketable Securities Current | — | — | 8,474,000 |
| Accounts Receivable | — | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | 10,684,000 | 5,429,000 | 11,561,000 |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 43,253,000 | 39,780,000 | — |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 5,230,084,000 | 5,261,673,000 | 3,907,713,000 |
| Accounts Payable | — | — | — |
| Deferred Revenue | — | — | — |
| Short Term Debt | 308,800,000 | 238,960,000 | 314,170,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 59,182,000 | 59,069,000 | 58,956,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 4,665,150,000 | 4,766,263,000 | 3,538,586,000 |
| Common Stock | 25,406,000 | 25,345,000 | 19,734,000 |
| Retained Earnings | 270,075,000 | 273,723,000 | 272,705,000 |
| Accumulated Other Comprehensive Income | -2,156,000 | -73,366,000 | -73,655,000 |
| Total Shareholders Equity | 564,934,000 | 495,410,000 | 369,127,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 15,320,000 | 9,842,000 | 8,525,000 |
| Share Based Compensation Expense | 2,699,000 | 1,650,000 | 1,628,000 |
| Other Non Cash Income Expense | -530,000 | 3,941,000 | — |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | 1,667,000 | 1,345,000 | 2,831,000 |
| Change In Other Assets | 11,287,000 | -1,288,000 | 5,528,000 |
| Change In Accounts Payable | — | — | — |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 67,530,000 | 28,960,000 | 28,982,000 |
| Purchases Of Marketable Securities | 377,565,000 | 98,350,000 | — |
| Sales Of Marketable Securities | 396,417,000 | 130,415,000 | 171,758,000 |
| Acquisition Of Property Plant And Equipment | 8,699,000 | 12,370,000 | 3,173,000 |
| Acquisition Of Business | 0 | -8,610,000 | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | 76,550,000 | -330,033,000 | -52,088,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 21,087,000 | 16,762,000 | 14,965,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 737,000 | 276,000 | 6,638,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | 0 | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -138,127,000 | 232,419,000 | 94,757,000 |
| Change In Cash | 5,953,000 | -68,654,000 | 71,651,000 |
| Cash At End Of Period | 67,192,000 | 61,239,000 | 129,893,000 |
| Income Taxes Paid | 2,644,000 | 448,000 | 10,840,000 |
| Interest Paid | 110,356,000 | 110,016,000 | 72,644,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 0.69 | 0.84 | 0.59 |
| Price To Earnings Ratio | 32.6377 | 22.9048 | 37.9492 |
| Earnings Growth Rate | -17.8571 | 42.3729 | -72.1698 |
| Price Earnings To Growth Ratio | -1.8277 | 0.5406 | -0.5258 |
| Book Value Per Share | 22.259 | 23.5383 | 18.5286 |
| Price To Book Ratio | 1.0117 | 0.8174 | 1.2084 |
| Ebitda | 207,902,000 | 135,115,000 | 108,105,000 |
| Enterprise Value | 872,347,600 | 641,734,280 | 689,286,580 |
| Dividend Yield | 0.0369 | 0.0414 | 0.0335 |
| Dividend Payout Ratio | 1.2092 | 0.9427 | 1.2795 |
| Debt To Equity Ratio | 0.6514 | 0.6016 | 1.0108 |
| Capital Expenditures | 18,793,000 | — | — |
| Free Cash Flow | 48,737,000 | — | — |
| Return On Equity | 0.0309 | 0.0359 | 0.0317 |
| One Year Beta | 0.7465 | 1.0536 | 1.047 |
| Three Year Beta | 0.8864 | 0.8395 | 0.8526 |
| Five Year Beta | 0.8459 | 0.7399 | 0.6716 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Collins Jim | EVP, CBO & CRO | 2026-02-26 | 4,239 | A | 17,406 |
| Collins Jim | EVP, CBO & CRO | 2026-02-26 | 1,298 | D | 16,108 |
| Collins Jim | EVP, CBO & CRO | 2026-02-26 | 4,239 | D | 0 |
| Collins Jim | EVP, CBO & CRO | 2026-02-26 | 9,058 | A | 9,058 |
| Keney Missy | Chief Engagement Officer | 2026-02-26 | 2,349 | A | 10,814 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC | 2025-12-31 | 6,712,315 | 298,060 | 22.52 |
| HSBC HOLDINGS PLC | 2025-12-31 | 1,038,319 | 46,666 | 22.25 |
| Sunbelt Securities, Inc. | 2025-12-31 | 135 | 6 | 22.5 |
| Invesco Ltd. | 2025-12-31 | 668,078 | 29,666 | 22.52 |
| NewEdge Advisors, LLC | 2025-12-31 | 35,190 | 1,563 | 22.5144 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Global X Funds | 2026-01-31 | Global X Russell 2000 ETF | RSSL | 10,609 | 261,193.58 | 0.0189 |
| Pacer Funds Trust | 2026-01-31 | Pacer Emerging Markets Cash Cows 100 ETF | ECOW | 91,900 | 0 | 0 |
| INVESCO EXCHANGE-TRADED FUND TRUST | 2026-01-31 | Invesco RAFI US 1500 Small-Mid ETF | PRFZ | 12,102 | 297,951.24 | 0.0111 |
| GOLDMAN SACHS TRUST | 2026-01-31 | Class P Shares | GSXPX | 43,639 | 1,074,392.18 | 0.1157 |
| GOLDMAN SACHS TRUST | 2026-01-31 | Class R6 Shares | GTTUX | 43,639 | 1,074,392.18 | 0.1157 |