Alerus Financial Corp financial data

Symbol
ALRS on Nasdaq
Industry
National Commercial Banks
Location
401 Demers Ave, Grand Forks, ND
State of incorporation
DE
Fiscal year end
December 31
Former names
FIRST NATIONAL CORP NORTH DAKOTA (to 2/7/2002)
Latest financial report
10-K - Q4 2024 - Mar 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.01K % +3.01%
Return On Equity 4.37 % +34.1%
Return On Assets 0.39 % +29.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.4M shares +28.2%
Common Stock, Shares, Outstanding 25.3M shares +28.4%
Entity Public Float 369M USD +7.87%
Common Stock, Value, Issued 25.3M USD +28.4%
Weighted Average Number of Shares Outstanding, Basic 21M shares +5.65%
Weighted Average Number of Shares Outstanding, Diluted 21.3M shares +5.85%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 23.2M USD +46.1%
Income Tax Expense (Benefit) 5.38M USD +29.4%
Net Income (Loss) Attributable to Parent 17.8M USD +52%
Earnings Per Share, Basic 0.84 USD/shares +42.4%
Earnings Per Share, Diluted 0.83 USD/shares +43.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 61.2M USD -52.9%
Deferred Income Tax Assets, Net 52.9M USD +52.9%
Property, Plant and Equipment, Net 39.8M USD +122%
Operating Lease, Right-of-Use Asset 13.4M USD +147%
Intangible Assets, Net (Excluding Goodwill) 43.9M USD +156%
Goodwill 85.6M USD +83%
Assets 5.26B USD +34.6%
Liabilities 4.77B USD +34.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -73.4M USD +0.39%
Retained Earnings (Accumulated Deficit) 274M USD +0.37%
Stockholders' Equity Attributable to Parent 495M USD +34.2%
Liabilities and Equity 5.26B USD +34.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 12M USD
Net Cash Provided by (Used in) Financing Activities 426M USD +300%
Net Cash Provided by (Used in) Investing Activities -22.4M USD -29.7%
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 25.3M shares +28.4%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 416M USD +378%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 438M USD +569%
Interest Paid, Excluding Capitalized Interest, Operating Activities 22.3M USD +47.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 72.9M USD +69.5%
Operating Lease, Liability 19M USD +230%
Depreciation 700K USD +16.7%
Payments to Acquire Property, Plant, and Equipment 881K USD -4.55%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 18.1M USD -50.7%
Lessee, Operating Lease, Liability, to be Paid 34.8M USD +429%
Property, Plant and Equipment, Gross 85.3M USD +22.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +25.6%
Deferred Income Tax Expense (Benefit) 1.46M USD +70.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15.9M USD +1787%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 0 USD
Operating Lease, Payments 2.02M USD +15%
Additional Paid in Capital 270M USD +79.4%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 6.78M USD +27.9%
Interest Expense 101M USD +123%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%