Overview Dividends

(ALRS) Alerus Financial - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US01446U1034

Banking, Retirement, Wealth, Loans, Deposits, Treasury

ALRS EPS (Earnings per Share)

EPS Growth (3Y CAGR): 8.30%
EPS Trend (3Y Correlation): 37.8%

ALRS Revenue

Revenue Growth (3Y CAGR): -30.73%
Revenue Trend (3Y Correlation): -2.3%

Description: ALRS Alerus Financial October 23, 2025

Alerus Financial Corporation (NASDAQ: ALRS) is a bank holding company that operates Alerus Financial, NA, delivering a broad suite of banking, retirement-benefit, and wealth-management services to both business and consumer clients across the United States.

The firm’s three operating segments-Banking; Retirement and Benefit Services; and Wealth-cover demand deposits, interest-bearing checking and savings products, treasury-management tools, commercial and consumer loan portfolios, and a full range of retirement plan administration, investment advisory, and trust services.

As of Q2 2024, Alerus reported total assets of approximately $7.5 billion, deposits of $5.2 billion, and a loan portfolio that grew 5 % year-over-year, delivering a return on equity of roughly 9.8 % and a net interest margin of 2.6 %-metrics that place it in line with midsize regional banks.

Key drivers for the business include the continued low-interest-rate environment that pressures net interest margins, the rising demand for digital banking and automated retirement solutions, and demographic trends that boost enrollment in employer-sponsored retirement plans.

For a deeper dive into ALRS’s valuation metrics and peer comparison, the ValueRay platform offers a concise, data-driven overview.

ALRS Stock Overview

Market Cap in USD	536m
Sub-Industry	Diversified Financial Services
IPO / Inception	2001-01-02

ALRS Stock Ratings

Growth Rating	14.3%
Fundamental	51.3%
Dividend Rating	66.5%
Return 12m vs S&P 500	-9.82%
Analyst Rating	3.60 of 5

ALRS Dividends

Dividend Yield 12m	3.88%
Yield on Cost 5y	4.22%
Annual Growth 5y	7.12%
Payout Consistency	98.4%
Payout Ratio	34.2%

ALRS Growth Ratios

Growth Correlation 3m	-12.7%
Growth Correlation 12m	53.6%
Growth Correlation 5y	-49.7%
CAGR 5y	3.06%
CAGR/Max DD 3y (Calmar Ratio)	0.07
CAGR/Mean DD 3y (Pain Ratio)	0.21
Sharpe Ratio 12m	-0.93
Alpha	-7.11
Beta	0.708
Volatility	34.13%
Current Volume	54.4k
Average Volume 20d	73.2k
Stop Loss	20.4 (-3.4%)
Signal	0.44

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (53.7m TTM) > 0 and > 6% of Revenue (6% = 18.9m TTM)

FCFTA 0.01 (>2.0%) and ΔFCFTA 0.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -27.39% (prev -1083 %; Δ 1056 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.01 (>3.0%) and CFO 46.9m <= Net Income 53.7m (YES >=105%, WARN >=100%)

Net Debt (167.1m) to EBITDA (59.6m) ratio: 2.80 <= 3.0 (WARN <= 3.5)

Current Ratio 0.57 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (25.6m) change vs 12m ago 27.73% (target <= -2.0% for YES)

Gross Margin 69.46% (prev 58.27%; Δ 11.19pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 6.70% (prev 6.82%; Δ -0.13pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.52 (EBITDA TTM 59.6m / Interest Expense TTM 83.4m) >= 6 (WARN >= 3)

Altman Z'' 0.21

(A) -0.02 = (Total Current Assets 113.6m - Total Current Liabilities 200.0m) / Total Assets 5.33b

(B) 0.06 = Retained Earnings (Balance) 308.5m / Total Assets 5.33b

(D) 0.06 = Book Value of Equity 279.5m / Total Liabilities 4.78b

Total Rating: 0.21 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 51.33

1. Piotroski 3.0pt = -2.0

2. FCF Yield 4.82% = 2.41

3. FCF Margin 10.74% = 2.69

4. Debt/Equity 0.47 = 2.39

5. Debt/Ebitda 2.80 = -1.48

6. ROIC - WACC (= -4.20)% = -5.24

7. RoE 10.26% = 0.86

8. Rev. Trend -2.31% = -0.17

9. EPS Trend 37.76% = 1.89

What is the price of ALRS shares?

As of November 04, 2025, the stock is trading at USD 21.12 with a total of 54,353 shares traded.
Over the past week, the price has changed by -1.77%, over one month by -4.09%, over three months by +1.65% and over the past year by +9.47%.

Is Alerus Financial a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Alerus Financial is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 51.33 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ALRS is around 19.70 USD . This means that ALRS is currently overvalued and has a potential downside of -6.72%.

Is ALRS a buy, sell or hold?

Alerus Financial has received a consensus analysts rating of 3.60. Therefor, it is recommend to hold ALRS.

Strong Buy: 1
Buy: 1
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the ALRS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	25.3	19.8%
Analysts Target Price	25.3	19.8%
ValueRay Target Price	22	4%

ALRS Fundamental Data Overview November 02, 2025

Market Cap USD = 536.4m (536.4m USD * 1.0 USD.USD)
P/E Trailing = 14.08
P/S = 2.1274
P/B = 1.0389
Beta = 0.708
Revenue TTM = 315.3m USD
EBIT TTM = 43.6m USD
EBITDA TTM = 59.6m USD
Long Term Debt = 59.1m USD (from longTermDebt, last fiscal year)
Short Term Debt = 200.0m USD (from shortTermDebt, last quarter)
Debt = 259.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 167.1m USD (from netDebt column, last quarter)
Enterprise Value = 703.5m USD (536.4m + Debt 259.2m - CCE 92.0m)
Interest Coverage Ratio = 0.52 (Ebit TTM 43.6m / Interest Expense TTM 83.4m)
FCF Yield = 4.82% (FCF TTM 33.9m / Enterprise Value 703.5m)
FCF Margin = 10.74% (FCF TTM 33.9m / Revenue TTM 315.3m)
Net Margin = 17.03% (Net Income TTM 53.7m / Revenue TTM 315.3m)
Gross Margin = 69.46% ((Revenue TTM 315.3m - Cost of Revenue TTM 96.3m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 72.95%)
Tobins Q-Ratio = 0.13 (Enterprise Value 703.5m / Total Assets 5.33b)
Interest Expense / Debt = 10.57% (Interest Expense 27.4m / Debt 259.2m)
Taxrate = 23.23% (5.38m / 23.2m)
NOPAT = 33.5m (EBIT 43.6m * (1 - 23.23%))
Current Ratio = 0.57 (Total Current Assets 113.6m / Total Current Liabilities 200.0m)
Debt / Equity = 0.47 (Debt 259.2m / totalStockholderEquity, last quarter 550.7m)
Debt / EBITDA = 2.80 (Net Debt 167.1m / EBITDA 59.6m)
Debt / FCF = 4.93 (Net Debt 167.1m / FCF TTM 33.9m)
Total Stockholder Equity = 523.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.01% (Net Income 53.7m / Total Assets 5.33b)
RoE = 10.26% (Net Income TTM 53.7m / Total Stockholder Equity 523.4m)
RoCE = 7.49% (EBIT 43.6m / Capital Employed (Equity 523.4m + L.T.Debt 59.1m))
RoIC = 4.26% (NOPAT 33.5m / Invested Capital 786.4m)
WACC = 8.46% (E(536.4m)/V(795.5m) * Re(8.62%) + D(259.2m)/V(795.5m) * Rd(10.57%) * (1-Tc(0.23)))
Discount Rate = 8.62% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 13.24%
[DCF Debug] Terminal Value 68.04% ; FCFE base≈24.7m ; Y1≈16.3m ; Y5≈7.55m
Fair Price DCF = 5.29 (DCF Value 134.4m / Shares Outstanding 25.4m; 5y FCF grow -39.54% → 3.0% )
EPS Correlation: 37.76 | EPS CAGR: 8.30% | SUE: 0.60 | # QB: 0
Revenue Correlation: -2.31 | Revenue CAGR: -30.73% | SUE: -1.55 | # QB: 0

Additional Sources for ALRS Stock

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Fund Manager Positions: Dataroma | Stockcircle