Stocktoria

ALERUS FINANCIAL CORP ALRS

Nasdaq · stock · National Commercial Banks · website · IPO 2001-07-27 · LEI

ALERUS FINANCIAL CORP statistics & valuation

Market cap$774.5M
P / E44.4×
P / B1.4×
P / FCF13.2×
Dividend yield2.69%
Return on equity3.1%
Net cash$8.0M
Enterprise value USD$766.5M
Graham number -45.8%$18.34

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($18.34); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
201720182019202020212022202320242025
Operating margin (%)
201720182019202020212022202320242025
Return on equity (%)
10.10% 15.90% 10.30% 13.50% 14.70% 11.20% 3.20% 3.60% 3.10% 201720182019202020212022202320242025
Shares outstanding
14.0M 14.1M 17.0M 17.4M 17.5M 20.0M 20.1M 25.3M 25.7M 201720182019202020212022202320242025
Net debt ($)
$58.8M -$85.2M -$114.2M -$183.4M $601000 -$70.9M -$2.2M -$8.0M 201720182019202020212022202320242025
Share buybacks ($)
201720182019202020212022202320242025
Return on assets (%)
0.70% 1.20% 1.30% 1.50% 1.60% 1.10% 0.30% 0.30% 0.30% 201720182019202020212022202320242025
Free cash flow margin (%)
201720182019202020212022202320242025
Debt / equity (×)
0.36× 0.21× 0.18× 0.16× 0.16× 0.16× 0.12× 0.10× 201720182019202020212022202320242025
EPS ($)
$1.07 $1.84 $1.91 $2.52 $2.97 $2.10 $0.58 $0.83 $0.68 201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ALERUS FINANCIAL CORP trades at about 49.8× earnings — above its 10-year norm (10-year range 9.5×–39.2×, median 11×).

9.5× 49.8×

Shaded band = 10-year range (9.5×–39.2×); dot = today's 49.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Return on assets0.3%0.3%0.3%1.1%1.6%1.5%1.3%1.2%0.7%
Return on equity3.1%3.6%3.2%11.2%14.7%13.5%10.3%15.9%10.1%
Debt / equity0.10×0.12×0.16×0.16×0.16×0.18×0.21×0.36×—

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.