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 | 2025-10-30 15:30:00 | 21.21 | 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/ | 368,774,658 | 25,388,848 | 25,396,307 | 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. | 2025-10-30 15:03:12 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 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 |
| 2022 | 389,265,666 | -80,955,364 | -17.2164 | 20,058,582 | 2,796,940 | 16.2032 |
| 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 | 2024 | 378,000 | 0 | 151,200 | 157,248 | 35,069 | 721,517 |
| Jim R. Collins | Executive Vice President | 2024 | 445,000 | 0 | 178,000 | 185,120 | 33,766 | 841,886 |
| Katie A. Lorenson | Chief Executive Officer, President | 2024 | 600,000 | 0 | 360,000 | 343,200 | 36,340 | 1,339,540 |
| Alan A. Villalon | Chief Financial Officer, Executive Vice President | 2024 | 345,000 | 0 | 138,000 | 143,520 | 34,959 | 661,479 |
| Forrest R. Wilson | Executive Vice President | 2024 | 317,307 | 150,000 | 325,000 | 130,000 | 27,080 | 949,387 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 892 |
| 2023 | 754 |
| 2022 | 837 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 64,365,000 | 65,294,000 | 67,135,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | — | — | — |
| Operating Income | — | — | — |
| Net Income | 17,780,000 | 11,696,000 | 40,005,000 |
| Earnings Per Share Basic | 0.84 | 0.59 | 2.12 |
| Earnings Per Share Diluted | 0.83 | 0.58 | 2.1 |
| Weighted Average Shares Outstanding Basic | 21,047,000 | 19,922,000 | 18,640,000 |
| Weighted Average Shares Outstanding Diluted | 21,321,000 | 20,143,000 | 18,884,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 61,239,000 | 129,893,000 | 58,242,000 |
| Marketable Securities Current | — | 8,474,000 | 6,522,000 |
| Accounts Receivable | — | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | 5,429,000 | 11,561,000 | 2,856,000 |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 39,780,000 | — | — |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 5,261,673,000 | 3,907,713,000 | 3,779,637,000 |
| Accounts Payable | — | — | — |
| Deferred Revenue | — | — | — |
| Short Term Debt | 238,960,000 | 314,170,000 | 378,080,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 59,069,000 | 58,956,000 | 58,843,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 4,766,263,000 | 3,538,586,000 | 3,422,765,000 |
| Common Stock | 25,345,000 | 19,734,000 | 19,992,000 |
| Retained Earnings | 273,723,000 | 272,705,000 | 280,426,000 |
| Accumulated Other Comprehensive Income | -73,366,000 | -73,655,000 | -98,641,000 |
| Total Shareholders Equity | 495,410,000 | 369,127,000 | 356,872,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 9,842,000 | 8,525,000 | 8,467,000 |
| Share Based Compensation Expense | 1,650,000 | 1,628,000 | 1,904,000 |
| Other Non Cash Income Expense | 3,941,000 | — | — |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | 1,345,000 | 2,831,000 | 3,241,000 |
| Change In Other Assets | -1,288,000 | 5,528,000 | -5,357,000 |
| Change In Accounts Payable | — | — | — |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 28,960,000 | 28,982,000 | 102,966,000 |
| Purchases Of Marketable Securities | 98,350,000 | — | 95,600,000 |
| Sales Of Marketable Securities | 130,415,000 | 171,758,000 | 105,633,000 |
| Acquisition Of Property Plant And Equipment | 12,370,000 | 3,173,000 | 1,789,000 |
| Acquisition Of Business | -8,610,000 | — | -101,511,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -330,033,000 | -52,088,000 | -292,622,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 16,762,000 | 14,965,000 | 13,146,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 276,000 | 6,638,000 | 738,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | 0 | — | 203,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 232,419,000 | 94,757,000 | 5,587,000 |
| Change In Cash | -68,654,000 | 71,651,000 | -184,069,000 |
| Cash At End Of Period | 61,239,000 | 129,893,000 | 58,242,000 |
| Income Taxes Paid | 448,000 | 10,840,000 | 12,531,000 |
| Interest Paid | 110,016,000 | 72,644,000 | 15,095,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 0.84 | 0.59 | 2.12 |
| Price To Earnings Ratio | 22.9048 | 37.9492 | 11.0142 |
| Earnings Growth Rate | 42.3729 | -72.1698 | -29.8013 |
| Price Earnings To Growth Ratio | 0.5406 | -0.5258 | -0.3696 |
| Book Value Per Share | 23.5383 | 18.5286 | 19.1455 |
| Price To Book Ratio | 0.8174 | 1.2084 | 1.2196 |
| Ebitda | 135,115,000 | 108,105,000 | 76,851,000 |
| Enterprise Value | 641,734,280 | 689,286,580 | 813,925,000 |
| Dividend Yield | 0.0414 | 0.0335 | 0.0302 |
| Dividend Payout Ratio | 0.9427 | 1.2795 | 0.3286 |
| Debt To Equity Ratio | 0.6016 | 1.0108 | 1.2243 |
| Capital Expenditures | — | — | — |
| Free Cash Flow | — | — | — |
| Return On Equity | 0.0359 | 0.0317 | 0.1121 |
| One Year Beta | 1.0536 | 1.047 | 0.7245 |
| Three Year Beta | 0.8395 | 0.8526 | 0.6854 |
| Five Year Beta | 0.7399 | 0.6716 | 0.5683 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Villalon Alan | EVP & Chief Financial Officer | 2025-07-31 | 2,350 | A | 10,587 |
| Taylor Karin M | EVP and COO | 2025-07-03 | 74 | D | 110 |
| Koob Kari | Director of Accounting | 2025-07-03 | 100 | D | 1,342 |
| Newman Randy L | Director | 2025-05-22 | 2,354 | A | 308,114 |
| Sorum Nikki | Director | 2025-05-22 | 2,354 | A | 5,580 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Covestor Ltd | 2025-09-30 | 1,000 | 45 | 22.2222 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 2025-09-30 | 262,545 | 12,088 | 21.7195 |
| AMALGAMATED BANK | 2025-09-30 | 17,000 | 775 | 21.9355 |
| Aviance Capital Partners, LLC | 2025-09-30 | 290,274 | 13,111 | 22.1397 |
| Versant Capital Management, Inc | 2025-09-30 | 2,391 | 108 | 22.1389 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| SEI INSTITUTIONAL INVESTMENTS TRUST | 2025-08-31 | SIIT Small Cap II Fund - Class A | SECAX | 20,147 | 448,673.69 | 0.184 |
| SEI INSTITUTIONAL INVESTMENTS TRUST | 2025-08-31 | SIIT SMALL CAP FUND - CLASS A | SLPAX | 18,398 | 409,723.46 | 0.2161 |
| SEI INSTITUTIONAL INVESTMENTS TRUST | 2025-08-31 | SIIT Extended Market Index Fund - Class A | SMXAX | 3,400 | 75,718 | 0.0062 |
| Northern Lights Fund Trust IV | 2025-08-31 | Inspire Small/Mid Cap ETF | ISMD | 18,365 | 408,988.55 | 0.186 |
| RBB Fund Trust | 2025-08-31 | Longview Advantage ETF | EBI | 10 | 222.7 | 0.0 |