Is Alerus Financial Corporation a good investment? Alerus Financial Corporation (ALRS) is currently trading at 30.30 USD. Market analysts have a consensus price target of 28.13 USD. This suggests the asset is currently trading above analyst expectations.
In terms of valuation, the stock trades at a P/E ratio of 26.74. This valuation is generally in line with the broader market.
Earnings Schedule: Alerus Financial Corporation is expected to release its next earnings report on July 27, 2026. The market consensus estimate for Forward EPS is 2.69.
For income investors, Alerus Financial Corporation pays a dividend yield of 2.77%. With a payout ratio of 77%, the dividend appears to be under pressure.
Yes, it pays an annual dividend of 0.84 USD (2.77% yield).
Alerus Financial Corporation is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be July 27, 2026. The company currently has a trailing EPS of 1.05.
Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States. The company operates in three segments: Banking, Retirement and Benefit Services, and Wealth. It offers demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, noninterest-bearing deposits, interest-bearing checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault, merchant, and other cash management services. The company also provides commercial loans, business term loans, and lines of credit; commercial real estate, and commercial and industrial loans; consumer lending products, including residential first mortgage loans; and installment loans, and loans collateralized by cash and marketable securities. In addition, it offers retirement plan, and investment advisory services, employee stock ownership plan, investment fiduciary services, health savings accounts, flex spending accounts, COBRA recordkeeping, and other administration 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 cards, personal and business loans, credit cards, online and mobile banking/wallet, private banking, deposit and payment solutions, mortgages, administration, and government health insurance program services. 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.
| Year | Total Dividends |
|---|---|
| ▸2027 |
0.22 USD
|
| March 26, 2027 (estimated) | 0.2230 |
| ▸2026 |
0.88 USD
|
| Dec. 25, 2026 (estimated) | 0.2257 |
| Sept. 25, 2026 (estimated) | 0.2257 |
| July 10, 2026 | 0.2200 |
| March 27, 2026 | 0.2100 |
| ▸2025 |
0.83 USD
|
| Dec. 26, 2025 | 0.2100 |
| Sept. 26, 2025 | 0.2100 |
| June 27, 2025 | 0.2100 |
| March 14, 2025 | 0.2000 |
| ▸2024 |
0.79 USD
|
| Dec. 27, 2024 | 0.2000 |
| Sept. 13, 2024 | 0.2000 |
| June 14, 2024 | 0.2000 |
| March 14, 2024 | 0.1900 |
| ▸2023 |
0.75 USD
|
| Dec. 26, 2023 | 0.1900 |
| Sept. 14, 2023 | 0.1900 |
| June 14, 2023 | 0.1900 |
| March 14, 2023 | 0.1800 |
| ▸2022 |
0.70 USD
|
| Dec. 22, 2022 | 0.1800 |
| Sept. 29, 2022 | 0.1800 |
| June 16, 2022 | 0.1800 |
| March 17, 2022 | 0.1600 |
| ▸2021 |
0.63 USD
|
| Dec. 22, 2021 | 0.1600 |
| Sept. 16, 2021 | 0.1600 |
| June 17, 2021 | 0.1600 |
| March 18, 2021 | 0.1500 |
| ▸2020 |
0.60 USD
|
| Dec. 17, 2020 | 0.1500 |
| Sept. 17, 2020 | 0.1500 |
| June 12, 2020 | 0.1500 |
| March 19, 2020 | 0.1500 |
| ▸2019 |
0.57 USD
|
| Dec. 19, 2019 | 0.1500 |
| Sept. 19, 2019 | 0.1400 |
| June 20, 2019 | 0.1400 |
| March 21, 2019 | 0.1400 |
| ▸2018 |
0.53 USD
|
| Dec. 20, 2018 | 0.1400 |
| Sept. 20, 2018 | 0.1300 |
| June 21, 2018 | 0.1300 |
| March 22, 2018 | 0.1300 |
| ▸2017 |
0.48 USD
|
| Dec. 21, 2017 | 0.1200 |
| Sept. 21, 2017 | 0.1200 |
| June 21, 2017 | 0.1200 |
| March 22, 2017 | 0.1200 |
| ▸2016 |
0.44 USD
|
| Dec. 21, 2016 | 0.1100 |
| Sept. 21, 2016 | 0.1100 |
| June 15, 2016 | 0.1100 |
| March 16, 2016 | 0.1100 |
| ▸2015 |
0.42 USD
|
| Dec. 16, 2015 | 0.1100 |
| Sept. 16, 2015 | 0.1100 |
| June 17, 2015 | 0.1000 |
| March 18, 2015 | 0.1000 |
| ▸2014 |
0.38 USD
|
| Dec. 17, 2014 | 0.1000 |
| Sept. 18, 2014 | 0.1000 |
| June 18, 2014 | 0.0933 |
| March 19, 2014 | 0.0900 |
| ▸2013 |
0.34 USD
|
| Dec. 18, 2013 | 0.0867 |
| Sept. 18, 2013 | 0.0867 |
| June 19, 2013 | 0.0833 |
| March 20, 2013 | 0.0833 |
| ▸2012 |
0.23 USD
|
| Sept. 19, 2012 | 0.0800 |
| June 20, 2012 | 0.0767 |
| March 21, 2012 | 0.0767 |
| ▸2011 |
0.30 USD
|
| Dec. 21, 2011 | 0.0767 |
| Sept. 21, 2011 | 0.0733 |
| June 15, 2011 | 0.0733 |
| March 16, 2011 | 0.0733 |
| ▸2010 |
0.29 USD
|
| Dec. 21, 2010 | 0.0733 |
| Sept. 15, 2010 | 0.0733 |
| June 16, 2010 | 0.0733 |
| March 17, 2010 | 0.0733 |
| ▸2009 |
0.28 USD
|
| Dec. 16, 2009 | 0.0700 |
| Sept. 18, 2009 | 0.0700 |
| June 17, 2009 | 0.0700 |
| March 18, 2009 | 0.0700 |
| ▸2008 |
0.26 USD
|
| Dec. 17, 2008 | 0.0700 |
| Sept. 17, 2008 | 0.0667 |
| June 18, 2008 | 0.0600 |
| March 18, 2008 | 0.0600 |
| ▸2007 |
0.24 USD
|
| Dec. 19, 2007 | 0.0600 |
| Sept. 19, 2007 | 0.0600 |
| June 20, 2007 | 0.0583 |
| March 21, 2007 | 0.0567 |
| ▸2006 |
0.21 USD
|
| Dec. 22, 2006 | 0.0567 |
| Sept. 21, 2006 | 0.0533 |
| June 21, 2006 | 0.0533 |
| March 22, 2006 | 0.0500 |
| ▸2005 |
0.19 USD
|
| Dec. 30, 2005 | 0.0500 |
| Sept. 21, 2005 | 0.0483 |
| June 15, 2005 | 0.0483 |
| March 16, 2005 | 0.0467 |
| ▸2004 |
0.18 USD
|
| Dec. 21, 2004 | 0.0450 |
| Sept. 15, 2004 | 0.0450 |
| June 16, 2004 | 0.0433 |
| March 17, 2004 | 0.0417 |
| ▸2003 |
0.12 USD
|
| Dec. 17, 2003 | 0.0417 |
| Sept. 17, 2003 | 0.0400 |
| June 18, 2003 | 0.0383 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Alerus Financial Corporation | Jul 10, 2026 | Upcoming | 0.22 USD |
| Alerus Financial Corporation | Mar 27, 2026 | Paid | 0.21 USD |
| Alerus Financial Corporation | Dec 26, 2025 | Paid | 0.21 USD |
| Alerus Financial Corporation | Sep 26, 2025 | Paid | 0.21 USD |
| Alerus Financial Corporation | Jun 27, 2025 | Paid | 0.21 USD |
| Split Date | Split Ratio to 1 |
|---|---|
| April 12, 2004 | 2.000000 |
| Sept. 15, 2014 | 3.000000 |
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