Alerus Financial Corp
ALRS Nasdaq· National Commercial Banks
Last close · Oct 23, 2026
$32.24
KIRA · Stoqly’s AI analyst, in plain words
- Alerus Financial Corp had $224M of revenue in fiscal 2025, up 1.1% on the year before. Over five years, revenue changed −0.8% a year on average.
- Alerus Financial Corp made $17.4M of net profit in fiscal 2025. From fiscal 2017 to 2025, diluted EPS grew −5.5% a year.
- Alerus Financial Corp returned $21.6M to shareholders in fiscal 2025, 37% of free cash flow. The diluted share count rose 20.5%.
- It earned 3.3% on shareholders’ money. Running costs took 89.7% of revenue (the efficiency ratio; lower is better).
Market cap
$819M
P/E
29.9x
Revenue
$224M
Net income
$17.4M
Return on equity
3.3%
Efficiency ratio
89.7%
Alerus Financial Corp in 30 seconds · fiscal 2025
Are sales growing?
+1.1%
Only a little. Sales grew 1.1% last year.
Does it make a profit?
7.8%
A little. It keeps 7.8% of every sale as profit.
How lean are its costs?
89.7%
Costly. Running costs take 89.7% of revenue.
How much does it earn on its capital?
3.3%
Low. It earns 3.3% a year on shareholders’ money.
How is the share priced?
29.9x
One share costs 29.9 times its yearly profit per share.
What Alerus Financial Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 4, 2026
- Legal name
- ALERUS FINANCIAL CORP
- CIK
- 0000903419
Alerus Financial Corp · ALRS
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $234M | $211M | $168M | $222M | $224M |
| Revenue growth | 0.5% | −10.0% | −20.3% | 32.1% | 1.1% |
| Net interest income | $87.1M | $99.7M | $87.8M | $107M | $172M |
| Net income | $52.7M | $40.0M | $11.7M | $17.8M | $17.4M |
| Net margin | 22.5% | 19.0% | 7.0% | 8.0% | 7.8% |
| Diluted EPS | $2.97 | $2.10 | $0.58 | $0.83 | $0.68 |
| Cash | |||||
| Cash from operations | $150M | $103M | $26.8M | $21.7M | $67.5M |
| Capital expenditure | $1.7M | $1.8M | $3.1M | $12.4M | $8.7M |
| Free cash flow | $148M | $101M | $23.7M | $9.4M | $58.8M |
| FCF margin | 63.2% | 48.0% | 14.1% | 4.2% | 26.2% |
| Dividends paid | $10.8M | $12.8M | $14.8M | $15.4M | $20.8M |
| Share buybacks | $0.7M | $0.7M | $6.6M | $0.3M | $0.7M |
| Share count change | 0.3% | 8.0% | 6.7% | 5.8% | 20.5% |
| Debt and strength | |||||
| Cash and short-term investments | $242M | $58.2M | $130M | $61.2M | $67.2M |
| Debt incl. finance leases | $59.1M | $437M | $373M | $298M | $368M |
| Loans, net | $1.7B | $2.4B | $2.7B | $3.9B | $4.0B |
| Deposits | $2.9B | $2.9B | $3.1B | $4.4B | $4.2B |
| Shareholders' equity | $359M | $357M | $369M | $495M | $565M |
| Returns and quality | |||||
| Return on equity | 15.3% | 11.2% | 3.2% | 4.1% | 3.3% |
| Return on tangible equity | 16.9% | 13.8% | 3.8% | 4.8% | 3.9% |
| Efficiency ratio | 72.0% | 75.3% | 89.3% | 81.4% | 89.7% |
| Piotroski F-score | 5 | 3 | 4 | 5 | 4 |
Insiders bought, 12 months
$0.1M
1 insider
Insiders sold, 12 months
$0.0M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
Alerus Financial Corp · ALRS
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
KIRA
At $32.24 a share, the company is worth $819M: 29.9 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000903419). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.