Key Stats
Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.
Stock Score/grades
The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company
- Altman Z Score -0.63
- Piotroski Score 7.00
- Grade Neutral
- Symbol (ALRS)
- Company Alerus Financial Corporation
- Price $22.09
- Changes Percentage (-0.27%)
- Change -$0.06
- Day Low $21.79
- Day High $22.45
- Year High $25.85
Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.
- Last Earnings 08/21/2024
- Ex-Dividend for 5/16 Dividend 09/13/2024
- Dividend Payable 10/11/2024
- Today N/A
- Next Earnings (Estimated) 01/22/2025
- Fiscal Year End N/A
- Average Stock Price Target $23.00
- High Stock Price Target $24.00
- Low Stock Price Target $22.00
- Potential Upside/Downside N/A
- Consensus Rating Sell
- Rating Score (0-4) N/A
- Research Coverage N/A
- EPS (Most Recent Fiscal Year) $0.50
- Trailing P/E Ratio 37.54
- Forward P/E Ratio 37.54
- P/E Growth 37.54
- Net Income $11.70 M
Income Statement
Quarterly
Annual
Latest News of ALRS
The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
-
Here's What Key Metrics Tell Us About Alerus (ALRS) Q2 Earnings
Alerus reported $51.37 million in revenue for the quarter ended June 2024, up 7% year-over-year, with an EPS of $0.31 compared to $0.45 last year. The company exceeded revenue estimates by 4....
By Yahoo! Finance | 3 months ago -
Alerus Financial Corporation (NASDAQ:ALRS) has caught the attention of institutional investors who hold a sizeable 48% stake
Ownership data, including institutional holdings, provide insight into a company's potential. Alerus Financial has institutions as major shareholders, signaling credibility. However, risks exist, and ...
By Yahoo! Finance | 3 months ago
