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Alerus Financial Corp (ALRS)

US · Financial Services · Banks - Regional

$33.81-0.12%
Last close · 2026-11-06

Latest quarter · ended 2026-09-30

Revenue
$104.5M
Revenue YoY
+5.5%
Net profit
$19.2M
Profit YoY
+13.4%
EPS
$0.71
EPS estimate
$0.67
Net margin
18.4%

EPS came in at 0.71 against a street estimate of 0.67 — a beat of 6.0%.

Key statistics

Market cap
$861.8M
P/E
29.3
Forward P/E
0.0
P/B
1.49
Book value
$23.31
EPS (TTM)
$1.19
Dividend yield
2.50%
52-week high
$35.44
52-week low
$20.10
50-day MA
$32.43
200-day MA
$28.91
Beta
0.69

Analyst view

Analysts rate Alerus Financial Corp a hold (2 buy, 3 hold, 0 sell out of 5) with an average price target of $36.40.

From the latest earnings call · 2026-10-29

CONFIDENT Alerus delivered record revenue, strong loan and fee growth, improving credit, and solid capital. Management expects continued momentum, though mortgage seasonality, rising deposit costs, and lower purchase-accounting accretion may pressure fourth-quarter results. Q3 FY26 Analysts focused on loan pipelines, margin sensitivity, mortgage seasonality, provisions, credit costs, and capital returns. Management emphasized strong commercial demand, neutral rate sensitivity, softer mortgage activity, and continued credit discipline. 2026-10-29…

Full summary in the app.

Shareholding

Insiders
8.16%
Institutions
66.66%

Largest institutional holders

FundStake
ALERUS FINANCIAL NA8.49%
BlackRock Inc7.31%
Vanguard Capital Management, LLC3.79%
Dimensional Fund Advisors, Inc.3.78%
Geode Capital Management, LLC2.63%
State Street Corp2.25%
The Goldman Sachs Group Inc2.11%
M3F, Inc.1.67%

Recent filings & reports

DocumentDate
Results announced · Q4 2026
HEADLINE NUMBERS • Third-quarter 2026 net income was $19.2 million, or $0.76 per diluted common share, versus $20.9 million, or $0.81, in the second
2026-10-28
Company announcement · Q3 2026
ALERUS FINANCIAL CORPORATION (ALRS) - 8-K SUMMARY HEADLINE NUMBERS • Cash dividend declared: $0.22 per share • Dividend payable date: October 9, 202
2026-08-27
Quarterly report · Q2 2026
ALERUS FINANCIAL CORPORATION - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Net Income (6 months): $43.8 million (2026) vs $33.6 million (2025) — +30.5%
2026-08-03
Results announced · Q3 2026
ALERUS FINANCIAL CORPORATION – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income: $20.9 million for Q2 2026 • Earnings per diluted share: $0.81
2026-07-29
Company announcement · Q2 2026
ALERUS FINANCIAL CORPORATION (ALRS) – 8-K SUMMARY HEADLINE NUMBERS • Board declared cash dividend of $0.22 per share • Dividend payable July 10, 202
2026-05-22
Company announcement · Q2 2026
ALERUS FINANCIAL CORPORATION (ALRS) - 8-K SUMMARY HEADLINE NUMBERS • Company: Alerus Financial Corporation, Delaware-incorporated bank holding compa
2026-05-19
Quarterly report · Q1 2026
ALERUS FINANCIAL CORPORATION – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Net income Q1 2026: $22.971 million vs. $13.315 million in Q1 2025 (+72.5%) •
2026-05-01
Proxy statement · Q2 2026
ALERUS FINANCIAL CORPORATION – 2026 PROXY STATEMENT SUMMARY --- WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1 (Election of Directors): Vote for nine
2026-04-01

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Corporate actions

ActionDetailDate
Dividend$0.22 / share
ex-date Sep 25, 2026 · pay Oct 9, 2026
2026-09-25
Dividend$0.22 / share
ex-date Jun 26, 2026 · pay Jul 10, 2026
2026-06-26
Dividend$0.21 / share
ex-date Mar 27, 2026 · pay Apr 10, 2026
2026-03-27
Dividend$0.21 / share
ex-date Dec 26, 2025 · pay Jan 9, 2026
2025-12-26

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Data updated 2026-11-07.