Alerus Financial Corp ALRS
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ALRS is a good fit for your portfolio.
News
-
Alerus Financial Corporation Reports Second Quarter 2024 Net Income of $6.2 Million
-
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AGR, HMNF, ALRS, SQSP on Behalf of Shareholders
-
Alerus Financial Corporation to Announce Second Quarter Financial Results on Wednesday, July 24
-
Alerus Adds Equipment Finance Team
-
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Continues to Investigate AFBI, HIBB, ALRS, AIRC
-
Kuehn Law Encourages AIRC, AFBI, ALRS, and HIBB Investors to Contact Law Firm
-
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Agrify Corporation (Nasdaq – AGFY), HMN Financial, Inc. (Nasdaq – HMNF), ChampionX Corporation (Nasdaq – CHX), Macatawa Bank Corporation (Nasdaq – MCBC)
-
Alerus Financial Corporation Declares Cash Dividend on Common Shares
Trading Information
- Previous Close Price
- $22.00
- Day Range
- $21.71–22.60
- 52-Week Range
- $16.80–23.46
- Bid/Ask
- $20.77 / $23.17
- Market Cap
- $436.89 Mil
- Volume/Avg
- 78,915 / 67,985
Key Statistics
- Price/Earnings (Normalized)
- 43.66
- Price/Sales
- 2.63
- Dividend Yield (Trailing)
- 3.49%
- Dividend Yield (Forward)
- 3.62%
- Total Yield
- 4.96%
Company Profile
Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and Mortgage. It provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services as well as wealth management services, including financial & estate planning, trust, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 754
- Website
- https://www.alerus.com
Comparables
Valuation
|
Metric
|
ALRS
|
BWB
|
SBCF
|
|---|---|---|---|
Price/Earnings (Normalized) | 43.66 | 12.73 | 16.01 |
Price/Book Value | 1.17 | 1.06 | 1.15 |
Price/Sales | 2.63 | 3.89 | 4.72 |
Price/Cash Flow | 9.30 | 9.28 | 14.08 |
Price/Earnings
ALRS
BWB
SBCF
Financial Strength
|
Metric
|
ALRS
|
BWB
|
SBCF
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
ALRS
|
BWB
|
SBCF
|
|---|---|---|---|
Return on Assets (Normalized) | 0.24% | 0.85% | 1.05% |
Return on Equity (Normalized) | 2.60% | 11.19% | 7.54% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
ALRS
BWB
SBCF
Banks - Regional Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| BNP Paribas ADR
BNPQY
| Mmmnfxdvn | Hjm | $79.0 Bil | |||
| Intesa Sanpaolo ADR
ISNPY
| Yymtbcylj | Tznb | $72.4 Bil | |||
| PNC Financial Services Group Inc
PNC
| Xmknkrbx | Tmyhn | $72.0 Bil | |||
| U.S. Bancorp
USB
| Wcllygxzp | Lytr | $70.9 Bil | |||
| Truist Financial Corp
TFC
| Dbrpcydp | Yjkndh | $59.4 Bil | |||
| Itau Unibanco Holding SA ADR
ITUB
| Sxrtqztc | Yvqy | $55.1 Bil | |||
| Mizuho Financial Group Inc ADR
MFG
| Pvykkbjzc | Kgzrd | $53.7 Bil | |||
| Lloyds Banking Group PLC ADR
LYG
| Dtfrkxb | Kdqry | $48.6 Bil | |||
| NatWest Group PLC ADR
NWG
| Dbbxrqv | Zng | $38.6 Bil | |||
| Deutsche Bank AG
DB
| Czyd | Qpl | $30.5 Bil |