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ALERUS FINANCIAL CORP

corporate_fare Company Profile

ALERUS FINANCIAL CORP

ALRS·NASDAQ·Finance·CIK 0000903419

Alerus Financial Corporation is a diversified financial services company based in Grand Forks, North Dakota. Through its subsidiary, Alerus Financial, National Association, the company offers financial solutions to businesses and consumers across three business segments: banking, retirement and benefit services, and wealth. Previously, the company operated a mortgage segment, which was fully integrated into the banking division as of January 1, 2024. These services are provided through a primary point of contact and client-friendly technology. As of December 31, 2025, Alerus Financial Corporation reported $5.2 billion in total assets, $4.0 billion in total loans, $4.2 billion in total deposits, and $564.9 million in stockholders' equity. The retirement and benefit services segment had $44.9 billion of assets under administration/management, while the wealth segment had $4.9 billion of assets under administration/management. The company generates revenue from both net interest income, derived from traditional banking products, and noninterest income, primarily from its retirement and benefit services and wealth segments. The company's operations began in 1879 as the Bank of Grand Forks, changing its name to Alerus Financial Corporation in 2000.

ALERUS FINANCIAL CORP (NASDAQ:ALRS) is a publicly traded company in the Finance sector. Wiseek has independently scored 14 items for ALRS at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-03, rated 7/10. Across its 14 most recent items scored 7 or higher, the top rating is 9/10, with 7 rated 8 or above. Recent SEC coverage for ALRS spans 10-Q, 8-K, 10-K.

Recent high-impact activity:

  • Alerus Financial Q2 2026: Net Income Climbs to $20.9M as Credit Quality Strengthens Markedly
  • Alerus Financial Q2 Earnings Beat on Higher Loan Yields, NII Surges
  • Alerus Financial Q2 2026: Net Income Hits $20.9M as NIM Expands to 3.97%
  • Alerus Financial Increases Quarterly Cash Dividend by 4.76% to $0.22/Share
  • Alerus Financial Raises Quarterly Dividend to 22 Cents, Up 4.8%

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$224.38M
Net Income
$17.44M
Diluted EPS
$0.68
Op. Cash Flow
$67.53M
Free Cash Flow
$58.83M
Cash & Equivalents
$67.19M
Total Debt
$367.98M
Debt / Equity
0.65×
Net Margin
7.8%
Shares Outstanding
25.41M sh
Source: 10-K · filed 2026-03-04 · accession 0001437749-26-006820

Short Interest & Short Volume

10.12 days to cover

FINRA reported short interest of 1,373,991 shares in ALRS as of the September 15, 2026 settlement, a 9.7% increase from the prior period — about 10.1 days to cover at its recent average daily volume. On October 2, 2026, 24.9% of ALRS volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)1,373,991 shares as of September 15, 2026
Change vs prior period▲ 9.7%
Days to cover10.12 at avg daily volume of 135,797
Daily short volume (FINRA facilities)24.9% of 69,223 shares on October 2, 2026
5-day average short volume53.6%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for ALRS, detected from its recent SEC filings · based on capital-structure filings through 2026-09-02.

1 shelf registration

New $200M Universal Shelf Filed · Carry-Forward of $125M Unsold Capacity

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$32.67
52-week range · as of 2026-08-03 $20.26 – $34.38
Market cap
$814.38M
Volume
201.6K (1.2× avg)
3-mo avg 170.9K
Live data · 2026-10-05 02:50 UTC · Market closed

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feed ALRS - Latest Insights

ALRS
Aug 03, 2026, 4:43 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $34.12
Real-time Price: $32.67 info
Change: -$1.45 (-4%) info
Market Cap: $814.382M info
ALRS
Jul 29, 2026, 4:40 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $32.45
Real-time Price: $32.67 info
Change: +$0.220 (+0.68%) info
Market Cap: $814.382M info
ALRS
Jul 29, 2026, 4:31 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $32.45
Real-time Price: $32.67 info
Change: +$0.220 (+0.68%) info
Market Cap: $814.382M info
ALRS
May 22, 2026, 4:31 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $28.05
Real-time Price: $32.67 info
Change: +$4.62 (+16%) info
Market Cap: $814.382M info
ALRS
May 22, 2026, 4:31 PM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $28.05
Real-time Price: $32.67 info
Change: +$4.62 (+16%) info
Market Cap: $814.382M info
ALRS
May 19, 2026, 2:46 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $27.09
Real-time Price: $32.67 info
Change: +$5.58 (+21%) info
Market Cap: $814.382M info
ALRS
May 01, 2026, 4:32 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $26.95
Real-time Price: $32.67 info
Change: +$5.72 (+21%) info
Market Cap: $814.382M info
ALRS
Apr 29, 2026, 4:30 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $27.00
Real-time Price: $32.67 info
Change: +$5.67 (+21%) info
Market Cap: $814.382M info
ALRS
Apr 29, 2026, 4:30 PM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $27.00
Real-time Price: $32.67 info
Change: +$5.67 (+21%) info
Market Cap: $814.382M info
ALRS
Mar 31, 2026, 4:13 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $23.71
Real-time Price: $32.67 info
Change: +$8.96 (+38%) info
Market Cap: $814.382M info
ALRS
Mar 31, 2026, 4:06 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $23.71
Real-time Price: $32.67 info
Change: +$8.96 (+38%) info
Market Cap: $814.382M info
ALRS
Mar 04, 2026, 9:01 AM EST
Filing Type: 10-K
Importance Score:
8
Price at Filing: $24.39
Real-time Price: $32.67 info
Change: +$8.28 (+34%) info
Market Cap: $814.382M info
ALRS
Feb 26, 2026, 4:30 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $24.75
Real-time Price: $32.67 info
Change: +$7.92 (+32%) info
Market Cap: $814.382M info
ALRS
Jan 28, 2026, 4:30 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $23.80
Real-time Price: $32.67 info
Change: +$8.87 (+37%) info
Market Cap: $814.382M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets