ALRS Stock Financial Analysis - Alerus Financial Corporation (NasdaqCM) Stock

Overview

Alerus Financial Corporation, based in the United States, operates primarily within the financial services industry. The company provides a wide array of services including commercial and consumer banking, wealth management, retirement services, and mortgage banking. Alerus distinguishes itself by offering comprehensive financial solutions that integrate these services, aiming to serve the holistic needs of their clients. Key projects and initiatives historically focus on expanding their service offerings through strategic acquisitions and enhancing digital platforms to improve client accessibility and satisfaction. This strategic approach has allowed Aleric to strengthen its market presence regionally, particularly in the central and northwestern regions of the U.S., while concentrating on maintaining robust client relationships and achieving financial growth.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Alerus Financial Corporation as of June 30, 2025 is 252.13 MM.
The operating income for Alerus Financial Corporation as of June 30, 2025 is 69.94 MM.
The net income for Alerus Financial Corporation as of June 30, 2025 is 38.71 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	252.13	69.94	38.71
2025-03-31	224.22	50.33	24.66
2024-12-31	203.83	39.91	17.78
2024-09-30	164.50	12.63	3.09
2024-06-30	164.06	15.67	7.05
2024-03-31	165.19	19.18	9.94
2023-12-31	166.01	21.15	11.70
2023-09-30	197.66	56.00	37.36
2023-06-30	204.18	57.02	37.82
2023-03-31	208.17	57.13	38.01
2022-12-31	210.95	59.48	40.01
2022-09-30	216.48	58.86	41.80
2022-06-30	220.32	63.20	45.25
2022-03-31	226.21	66.55	47.65
2021-12-31	237.99	73.46	52.68
2021-09-30	240.43	69.99	50.16
2021-06-30	244.78	76.06	54.75
2021-03-31	241.71	75.72	54.53
2020-12-31	222.32	62.48	44.67
2020-09-30	208.09	58.94	42.15
2020-06-30
2020-03-31

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31
2024-12-31	0.84	0.83
2024-09-30	0.16	0.16
2024-06-30	0.36	0.35
2024-03-31	0.50	0.50
2023-12-31	0.59	0.58
2023-09-30	1.86	1.84
2023-06-30	1.87	1.86
2023-03-31	1.95	1.93
2022-12-31	2.12	2.10
2022-09-30	2.30	2.26
2022-06-30	2.59	2.55
2022-03-31	2.73	2.68
2021-12-31	3.02	2.97
2021-09-30	2.88	2.84
2021-06-30	3.14	3.09
2021-03-31	3.13	3.08
2020-12-31	2.57	2.52
2020-09-30	2.42	2.37
2020-06-30	1.87	1.82
2020-03-31	1.78	1.73

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Alerus Financial Corporation as of June 30, 2025 is 48.12 MM.
The cash from investing activities for Alerus Financial Corporation as of June 30, 2025 is -225.77 MM.
The cash from financing activities for Alerus Financial Corporation as of June 30, 2025 is -179.59 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	48.12	-225.77	-179.59
2025-03-31	24.96	-356.62	-131.14
2024-12-31	28.96	-330.03	232.42
2024-09-30	22.27	-184.04	163.02
2024-06-30	16.14	-133.73	490.26
2024-03-31	42.98	-56.84	414.46
2023-12-31	28.88	-51.99	94.76
2023-09-30	73.03	-215.22	152.74
2023-06-30	97.23	-180.04	111.24
2023-03-31	65.30	-196.85	143.90
2022-12-31	102.97	-292.62	5.59
2022-09-30	86.83	-327.89	135.78
2022-06-30	83.24	-500.27	138.64
2022-03-31	130.28	-350.32	162.66
2021-12-31	149.83	-417.66	337.18
2021-09-30	115.32	-291.22	239.60
2021-06-30	84.75	-226.65	246.89
2021-03-31	53.74	-647.18	585.17
2020-12-31	-22.25	-538.39	589.60
2020-09-30	-2.53	-581.19	618.29
2020-06-30
2020-03-31

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/book for Alerus Financial Corporation as of June 30, 2025 is 1.07.
The p/tbv for Alerus Financial Corporation as of June 30, 2025 is 1.42.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30		1.07	1.42
2025-03-31		0.93	1.29
2024-12-31		1.25	1.49
2024-09-30	62.62	1.18	1.42
2024-06-30	36.56	0.98	1.18
2024-03-31		1.17	1.42
2023-12-31	11.88	1.27	1.57
2023-09-30	9.57	1.01	1.25
2023-06-30	9.75	1.03	1.28
2023-03-31	8.04	0.90
2022-12-31		1.35	1.71
2022-09-30		1.44	1.72
2022-06-30		1.25	1.48
2022-03-31	9.04	1.33	1.56
2021-12-31	10.07	1.43	1.69
2021-09-30	9.41	1.50	1.79
2021-06-30
2021-03-31	7.89	1.31	1.58
2020-12-31	9.60	1.30	1.58
2020-09-30	10.17	1.33	1.55
2020-06-30	13.57	1.40	1.65
2020-03-31	15.05	1.46	1.74

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Alerus Financial Corporation as of June 30, 2025 is 0.04.
The ebit (3y)/ev for Alerus Financial Corporation as of June 30, 2025 is 0.04.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.04	0.04
2025-03-31	0.04	0.04
2024-12-31	0.01	0.03
2024-09-30	0.02	0.06
2024-06-30	0.03	0.10
2024-03-31	0.02	0.07
2023-12-31	0.05	0.06
2023-09-30	0.06	0.07
2023-06-30	0.08	0.09
2023-03-31	0.07	0.09
2022-12-31	0.08	0.08
2022-09-30	0.08	0.08
2022-06-30	0.18	0.17
2022-03-31	0.23	0.20
2021-12-31	0.16	0.13
2021-09-30	0.28	0.21
2021-06-30
2021-03-31	0.24	0.16
2020-12-31	0.18	0.14
2020-09-30	0.14	0.11
2020-06-30	0.15	0.13
2020-03-31	0.13	0.12

Management Effectiveness

The roa for Alerus Financial Corporation as of June 30, 2025 is 0.01.
The roe for Alerus Financial Corporation as of June 30, 2025 is 0.07.
The roic for Alerus Financial Corporation as of June 30, 2025 is 0.03.
The croic for Alerus Financial Corporation as of June 30, 2025 is -0.58.
The ocroic for Alerus Financial Corporation as of June 30, 2025 is 0.03.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.01	0.07	0.03	-0.58	0.03
2025-03-31	0.00	0.06	0.03	-0.08	0.04
2024-12-31	0.00	0.01	0.00	0.00	0.03
2024-09-30	0.00	0.02	0.01	0.37	0.02
2024-06-30	0.00	0.03	0.01	0.40	0.04
2024-03-31	0.00	0.03	0.02	0.10	0.04
2023-12-31	0.01	0.11	0.04	0.01	0.08
2023-09-30	0.01	0.12	0.04	0.03	0.11
2023-06-30	0.01	0.12	0.05	0.04	0.12
2023-03-31	0.01	0.12	0.05	0.02	0.08
2022-12-31	0.01	0.12	0.06	-0.16	0.13
2022-09-30	0.01	0.13	0.06	-0.16	0.13
2022-06-30	0.02	0.14	0.12	-0.74	0.19
2022-03-31	0.02	0.16	0.12	-0.15	0.33
2021-12-31	0.02	0.15	0.12	0.16	0.27
2021-09-30	0.02	0.17	0.12	0.15	0.21
2021-06-30	0.02	0.18	0.13	0.26	0.21
2021-03-31	0.02	0.19	0.14	-0.02	0.13
2020-12-31	0.02	0.16	0.11	0.07	-0.06
2020-09-30	0.02	0.15	0.11	0.09	-0.01
2020-06-30	0.01	0.15	0.08	0.44	0.02
2020-03-31	0.01	0.14	0.08	0.42	-0.00

Gross Margins

The gross margin for Alerus Financial Corporation as of June 30, 2025 is 1.00.
The net margin for Alerus Financial Corporation as of June 30, 2025 is 0.11.
The operating margin for Alerus Financial Corporation as of June 30, 2025 is 0.22.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	1.00	0.11	0.22
2025-03-31	1.00	0.10	0.17
2024-12-31	1.00	0.02	0.07
2024-09-30	1.00	0.04	0.10
2024-06-30	1.00	0.06	0.12
2024-03-31	1.00	0.07	0.13
2023-12-31	1.00	0.19	0.27
2023-09-30	1.00	0.19	0.27
2023-06-30	1.00	0.19	0.27
2023-03-31	1.00	0.18	0.26
2022-12-31	1.00	0.19	0.27
2022-09-30	1.00	0.19	0.27
2022-06-30	1.00	0.21	0.29
2022-03-31	1.00	0.21	0.29
2021-12-31	1.00	0.22	0.31
2021-09-30	1.00	0.21	0.29
2021-06-30	1.00	0.22	0.31
2021-03-31	1.00	0.23	0.31
2020-12-31	1.00	0.20	0.28
2020-09-30	1.00	0.20	0.28
2020-06-30	1.00	0.17	0.24
2020-03-31	1.00	0.16	0.23