About Alerus Financial Corporation
https://alerus.comAlerus 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.
CEO
Katie A. Lorenson CPA
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2014-09-15 | Forward | 3:1 |
| 2004-04-12 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 97
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades
Raymond James
Outperform
Keefe, Bruyette & Woods
Market Perform
Piper Sandler
Neutral
DA Davidson
Neutral
Grade Summary
Showing Top 4 of 4
Price Target
Institutional Ownership
ALERUS FINANCIAL NA
Shares:2.32M
Value:$55.52M
BLACKROCK, INC.
Shares:1.79M
Value:$42.92M
BLACKROCK INC.
Shares:1.68M
Value:$40.26M
Summary
Showing Top 3 of 145
About Alerus Financial Corporation
https://alerus.comAlerus 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $99.05M ▼ | $49.52M ▲ | $16.92M ▼ | 17.09% ▼ | $0.66 ▼ | $27.19M ▼ |
| Q2-2025 | $101.25M ▲ | $47.5M ▼ | $20.25M ▲ | 20% ▲ | $0.79 ▲ | $30.13M ▲ |
| Q1-2025 | $95.28M ▼ | $49.83M ▼ | $13.31M ▲ | 13.98% ▲ | $0.52 ▲ | $21.38M ▲ |
| Q4-2024 | $96.67M ▲ | $55.95M ▲ | $-66K ▼ | -0.07% ▼ | $-0.05 ▼ | $8.07M ▼ |
| Q3-2024 | $79.89M | $41.76M | $5.18M | 6.49% | $0.26 | $9.03M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $92.04M ▼ | $5.33B ▲ | $4.78B ▼ | $550.69M ▲ |
| Q2-2025 | $622.06M ▼ | $5.32B ▼ | $4.79B ▼ | $533.15M ▲ |
| Q1-2025 | $650.71M ▲ | $5.34B ▲ | $4.83B ▲ | $514.23M ▲ |
| Q4-2024 | $649.29M ▲ | $5.26B ▲ | $4.77B ▲ | $495.41M ▲ |
| Q3-2024 | $531.98M | $4.08B | $3.7B | $386.49M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $16.92M ▼ | $32.78M ▲ | $23.45M ▼ | $-45.09M ▼ | $11.14M ▲ | $37.97M ▲ |
| Q2-2025 | $20.25M ▲ | $10.69M ▲ | $25.84M ▲ | $-38.61M ▼ | $-2.08M ▼ | $7.56M ▲ |
| Q1-2025 | $13.31M ▲ | $7.71M ▼ | $-48.7M ▲ | $62.72M ▼ | $21.74M ▲ | $5.66M ▲ |
| Q4-2024 | $-66K ▼ | $9.52M ▼ | $-99.92M ▲ | $85.66M ▲ | $-4.74M ▲ | $4.48M ▼ |
| Q3-2024 | $5.21M | $18.94M | $-101.74M | $-289.36M | $-372.17M | $16.17M |
Revenue by Products
| Product | Q4-2024 | Q3-2024 | Q1-2025 | Q3-2025 |
|---|---|---|---|---|
 Deposit Account | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Mortgage Banking | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Retirement and Benefit Services | $50.00M ▲ | $20.00M ▼ | $20.00M ▲ | $20.00M ▲ |
 Wealth Management | $20.00M ▲ | $10.00M ▼ | $10.00M ▲ | $10.00M ▲ |
CEO
Katie A. Lorenson CPA
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2014-09-15 | Forward | 3:1 |
| 2004-04-12 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 97
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades
Raymond James
Outperform
Keefe, Bruyette & Woods
Market Perform
Piper Sandler
Neutral
DA Davidson
Neutral
Grade Summary
Showing Top 4 of 4
Price Target
Institutional Ownership
ALERUS FINANCIAL NA
Shares:2.32M
Value:$55.52M
BLACKROCK, INC.
Shares:1.79M
Value:$42.92M
BLACKROCK INC.
Shares:1.68M
Value:$40.26M
Summary
Showing Top 3 of 145