Alerus Financial Corporation (ALRS)

In the past six months, Alerus Financial Corp. reported its first and second-quarter earnings for 2025 and declared quarterly dividends. The company announced its first-quarter financial results on April 28, 2025, and its second-quarter net income of $20.3 million on July 28, 2025. Alerus also declared a regular quarterly cash dividend of $0.21 per common share on May 22, 2025, and again on August 27, 2025, with the latter payable on October 10, 2025. The company is scheduled to announce its third-quarter financial results on October 30, 2025. Year-to-date, ALRS stock has gained approximately 12.5%, slightly outpacing the Finance sector's average return of 12.4%. Analysts currently have a "Moderate Buy" consensus rating for ALRS, with an average 12-month price target of $25.63.

Alerus Financial Corp. experiences some demand seasonality in its operations. The company typically sees a seasonal uptick in mortgage revenues during the second quarter. Conversely, seasonal deposit outflows from public funds are expected in the third quarter.

Alerus Financial Corp. offers banking, retirement and benefit services, wealth management, and mortgage services. Its banking services include checking and savings accounts, CDs, commercial loans, treasury management, and private banking. The Retirement and Benefit Services segment offers ESOP advisory, 401(k) plans, payroll, HSAs, FSAs, COBRA administration, and fiduciary services. Through Wealth Management, Alerus provides financial planning, investment management, trust and fiduciary services, and private investments. Its Mortgage Services division handles residential mortgage origination, refinancing, and secondary market sales. The company also offers payment processing and technology solutions, including merchant services and digital banking platforms.

Alerus Financial Corp. operates banking and wealth management offices in North Dakota, Minnesota, Wisconsin, and Arizona. Its Retirement and Benefit Services business administers plans for clients in all 50 states, with additional offices in Michigan and New Hampshire.

There is currently insufficient customer review data to provide a reliable score for Alerus Financial's brand reputation. Therefore, no specific events significantly impacting its reputation in the past year could be identified through this research.

Institutional shareholders collectively own 55.02% of the stock, while Alerus Financial insiders hold 7.39%, and retail investors account for 37.58%. Major institutional owners include Alerus Financial Na, BlackRock, Inc., The Vanguard Group Inc, Dimensional Fund Advisors LP, Geode Capital Management, LLC, Endeavour Capital Advisors Inc, State Street Corp, Banc Funds Co LLC, and Ameriprise Financial Inc. The largest individual shareholder is Randy L. Newman, who owns 831,714 shares, representing 3.27% of the company.