ALRS · Alerus Financial Corp
$32.77
+0.18 (+0.55%)
At close · Aug 21
Market Cap
$816.08M
Shares
24.90M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$32.77
Open$32.76
Day$32.32–32.90
52W close$20.81–34.12
Avg vol 30d205K
Short int1.2M · 4.9% float · 4.9d
Short vol79%
Last earningsJul 30, 2026
DataJan 2020–Aug 2026
Filing10-Q · Aug 3
Up next
Next earnings call
Oct 29, 2026
Est · unconfirmed
· in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 3, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Very Bullish
Fundamentals
Weak
Quant / Vol
Very Low
Market backdrop
VIX 15.1 · calm
Equity put/call 0.51
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+24%
above
Price vs 50-day avg
+2%
above
RSI (14)
49
neutral
MACD trend
Negative
52-week position
90%
near high
Momentum
relative strength
1-month return
0%
trailing
6-month return
+34%
trailing
YTD return
+46%
this year
Relative strength
+23%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $32 › 200d $26 — 50d above 200d
Institutional flow
Accumulating
+5% holders QoQ · +26 funds added
Insider flow
Accumulating
Net +$28.7K over 90 days · 0% sells
Short interest
Falling
4.91% of float · ▼ -0.3% MoM · 4.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
157 holders — near 3-yr high, broad support
Squeeze score
56
elevated · 0–100
Fundamentals
EPS growth
−18%
Y/Y
Free cash flow
$58.8M
Valuation
P/E 30.3
rich
Balance sheet
$300.8M
net debt
Quant / Vol
risk profile
Volatility
24%
annualized · 1-yr
Max drawdown
−11%
past year
ATR
2.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Mar 31, 2026
Net interest margin
· full year
3.55% – 3.65%
Return on assets
· full year
at least 1.25%
Prior guidance
period ended
· from the Earnings Call filed Mar 31, 2025
Net interest margin
· 2025
3.2% – 3.3%
Adjusted efficiency ratio
· 2025
up to 68%
Core expenses
· second quarter
$49M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+24%
Bullish
Price vs 50-day avg
+2%
Bullish
RSI (14)
49
Neutral
MACD trend
Negative
Bearish
52-week position
90%
Bullish
Market signals — smart money & positioning
Bullish · 4 of 6
Trend (MA cross)
No cross
50d $32 › 200d $26 — 50d above 200d
Institutional flow
Accumulating
+5% holders QoQ · +26 funds added
Insider flow
Accumulating
Net +$28.7K over 90 days · 0% sells
Short interest
Falling
4.91% of float · ▼ -0.3% MoM · 4.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
157 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $21
Now $33 · 90%
Range high $34
vs 200-day avg +24%
vs 50-day avg +2%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted earnings per common share - diluted non-GAAP | $1.69 | Six months ended June 30, 2026 | — |
| Adjusted efficiency ratio non-GAAP | 62.97% | six months ended June 30, 2026 | — |
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| Adjusted net income non-GAAP | $43.62M | six months ended June 30, 2026 | — |
| Adjusted noninterest expense non-GAAP | $102.92M | six months ended June 30, 2026 | — |
| Adjusted noninterest income non-GAAP | $63.16M | six months ended June 30, 2026 | — |
| Adjusted noninterest income as a percentage of revenue non-GAAP | 40.54% | six months ended June 30, 2026 | — |
| Adjusted pre-provision net revenue non-GAAP | $52.87M | six months ended June 30, 2026 | — |
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| Adjusted return on average tangible common equity non-GAAP | 20.48% | six months ended June 30, 2026 | — |
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| Adjusted return on average total assets non-GAAP | 1.68% | six months ended June 30, 2026 | — |
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| Efficiency ratio | 62.95% | six months ended June 30, 2026 | — |
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| Mortgage originations | $207.88M | Six months ended June 30, 2026 | — |
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| Net charge-offs (recoveries) to average loans | 0.48% | six months ended June 30, 2026 | — |
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| Net interest margin (on a tax-equivalent basis) non-GAAP | 3.87% | Six months ended June 30, 2026 | — |
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| Noninterest income as a % of revenue | 40.85% | Q2 2026 | — |
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| Nonperforming assets | 17.1M | Q2 2026 | — |
| Nonperforming assets to total assets | 0.32% | Q2 2026 | — |
| Pre-provision net revenue | $53.14M | six months ended June 30, 2026 | — |
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| Retirement and benefit services assets under administration/management | $45.16B | Q2 2026 | — |
| Return on average tangible common equity | 20.57% | six months ended June 30, 2026 | — |
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| Tangible book value per common share non-GAAP | $18.73 | Q2 2026 | — |
| Tangible common equity to tangible assets ratio non-GAAP | 9.05% | Q2 2026 | — |
| Total assets under administration/management | 50.4B | Q2 2026 | — |
| Wealth advisory services assets under administration/management | $5.2B | Q2 2026 | — |
| Adjusted earnings per diluted common share non-GAAP | $0.89 | Q1 2026 | — |
| Loan to deposit ratio | 92.8% | As of March 31, 2026 | — |
| Adjusted diluted earnings per common share non-GAAP | $2.78 | for the year ended December 31, 2025 | — |
| Adjusted net recoveries to average loans non-GAAP | -0.02% | for the year ended December 31, 2025 | — |
| Adjusted return on average assets (ROAA) non-GAAP | 1.35% | for the year ended December 31, 2025 | — |
| Adjusted return on average tangible equity non-GAAP | 21.05% | Q4 2025 | — |
| Assets under administration and management (combined) | $49.8B | the year ended December 31, 2025 | — |
| Net charge-offs to average loans | 0.05% | for the year ended December 31, 2025 | — |
| Net interest margin | 3.53% | for the year ended December 31, 2025 | — |
| Reserves to loans | 1.53% | As of December 31, 2025 | — |
| Tangible book value growth | 21.54% | for the year ended December 31, 2025 | — |
| Wealth management assets under administration/management | $4.85B | As of December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Banks - Regional — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ALRS
this stock
Alerus Financial Corp
|
$816.08M | +45.5% | — | 30.3 | 4.9% |
|
MFG
Mizuho Financial Group Inc
|
$124.83B | +40.4% | — | — | 0.1% |
|
HDB
Hdfc Bank Ltd
|
$121.23B | -35.4% | +15.2% | — | 0.5% |
|
IBN
Icici Bank Ltd
|
$105.45B | +0.4% | — | — | 0.5% |
|
CIXPF
CaixaBank/ADR
|
$100.59B | +19.4% | — | — | 0.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ALRS | -2.7% | +0.2% | +34.5% | -1.5% | +45.5% |
| SPY | -1.4% | +3.6% | +11.6% | +2.5% | +12.3% |
| vs SPY | -1.3% | -3.4% | +22.9% | -4.0% | +33.2% |
Capital returns
Latest dividend
$0.22
/ share · ex Jun 26, 2026
Paid (TTM)
$0.85
/ share · 4 payouts
Dividend yield (TTM, derived)
2.59%
Buyback program
· as of Dec 12, 2023
Authorized
shares 1.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.