(ALRS) Alerus Financial - Ratings and Ratios

Alerus Financial Corporation is a bank holding company that provides a comprehensive range of financial services to businesses and individuals across the United States, leveraging its three core segments: Banking, Retirement and Benefit Services, and Wealth. The companys diversified offerings include deposit accounts, treasury management, commercial and consumer lending, retirement planning, investment advisory services, and wealth management solutions.

Through its banking segment, Alerus Financial provides a variety of deposit products, including demand deposits, interest-bearing transaction accounts, and certificates of deposit, as well as commercial and consumer lending services. The companys Retirement and Benefit Services segment offers retirement plan administration, investment fiduciary services, and employee stock ownership plans, while its Wealth segment provides financial planning, investment management, and personal and corporate trust services.

Alerus Financial has a long history dating back to 1879 and has evolved over the years to become a diversified financial services provider. With its headquarters in Grand Forks, North Dakota, the company has established a strong presence in the US financial services market. Its commitment to delivering a broad range of financial solutions to its customers is reflected in its robust suite of products and services, including online and mobile banking, debit and credit cards, and private banking.

Analyzing the and , we can observe that Alerus Financial Corporations stock has demonstrated a positive trend, with its last price at $21.27, above its SMA20 and SMA50. The stocks ATR indicates a moderate level of volatility. Considering the companys market capitalization of $512.77M USD and a P/E ratio of 19.51, we can forecast that ALRS will continue to experience steady growth, driven by its diversified financial services offerings and solid financial performance. With a RoE of 5.57%, the company is generating returns that are likely to attract investors. Based on the technical indicators, we predict that ALRS will test its 52W High of $23.85 in the near term, potentially driven by its strong banking and wealth management segments.

Our forecast is based on the analysis of the companys financial performance, industry trends, and technical indicators. We expect Alerus Financial Corporation to continue its growth trajectory, driven by its diversified business model and commitment to delivering innovative financial solutions to its customers. As the company continues to expand its offerings and enhance its digital capabilities, we anticipate that ALRS will remain an attractive investment opportunity for investors seeking exposure to the US financial services sector.