US Stock MarketDetailed Quotes

ALRS Alerus Financial

Watchlist

19.750
+0.010+0.05%

Close May 17 16:00 ET

19.750
0.0000.00%

Post 16:02 ET

390.59MMarket Cap39.50P/E (TTM)

Alerus Financial Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual

YOY

Hide blank lines

(Q1)Mar 31, 2024

(FY)Dec 31, 2023

(Q4)Dec 31, 2023

(Q3)Sep 30, 2023

(Q2)Jun 30, 2023

(Q1)Mar 31, 2023

(FY)Dec 31, 2022

(Q4)Dec 31, 2022

(Q3)Sep 30, 2022

(Q2)Jun 30, 2022

Assets

Cash cash equivalents and federal funds sold

275.93%545.77M

123.02%129.89M

-5.22%64.72M

76.74%65.47M

9.30%145.18M

-75.96%58.24M

-57.17%68.29M

-88.26%37.04M

-Cash and cash equivalents

275.93%545.77M

123.02%129.89M

19.49%64.72M

76.74%65.47M

9.30%145.18M

-75.96%58.24M

-66.03%54.17M

-88.26%37.04M

-Money market investments

----

--14.12M

----

Receivables

24.39%16.15M

19.21%57.28M

38.25%15.56M

48.41%13.59M

52.45%12.98M

48.91%48.05M

27.39%11.26M

8.18%9.16M

-Accounts receivable

24.39%16.15M

22.00%15.7M

38.25%15.56M

48.41%13.59M

52.45%12.98M

50.74%12.87M

27.39%11.26M

8.18%9.16M

-Other receivables

----

18.19%41.58M

----

48.25%35.18M

----

Prepaid assets

----

-14.83%5.77M

----

27.14%6.77M

----

Net loan

12.36%2.77B

12.92%2.74B

11.80%2.59B

31.65%2.52B

36.51%2.47B

36.63%2.42B

26.47%2.31B

2.40%1.91B

-Gross loan

12.25%2.81B

12.94%2.77B

11.88%2.62B

31.36%2.55B

36.07%2.5B

35.96%2.45B

25.95%2.34B

2.23%1.94B

-Allowance for loans and lease losses

4.22%36.58M

15.08%35.84M

17.19%36.29M

13.78%35.7M

10.69%35.1M

-1.35%31.15M

-3.42%30.97M

-7.08%31.37M

Securities and investments

-24.59%768.76M

-24.34%786.25M

-10.63%943.27M

-12.80%985.87M

-15.50%1.02B

-13.81%1.04B

3.70%1.06B

41.70%1.13B

-Trading securities

--4.55M

----

-Held to maturity securities

-6.92%291.93M

-6.95%299.52M

-7.09%303.27M

-7.03%308.42M

-7.79%313.65M

-8.57%321.9M

-9.98%326.41M

126.73%331.74M

-Short term investments

-33.09%472.27M

-32.15%486.74M

-12.22%640M

-15.19%677.45M

-18.53%705.83M

-15.97%717.32M

11.27%729.11M

22.60%798.8M

Long term equity investment

----

0.00%14K

----

0.00%14K

----

Federal home loan bank stock

----

-11.55%21.19M

----

269.65%23.96M

----

Derivative assets

----

41.21%8.94M

----

87.26%6.33M

----

Bank owned life insurance

2.50%33.4M

-2.22%33.24M

-2.26%33.01M

-2.30%32.79M

-2.32%32.58M

2.52%33.99M

2.50%33.78M

2.48%33.56M

Net PPE

2.29%23.27M

2.95%23.38M

12.75%23.17M

16.05%23.93M

8.46%22.75M

2.76%22.71M

-7.54%20.55M

-10.55%20.62M

-Gross PPE

2.29%23.27M

-0.48%74.89M

12.75%23.17M

16.05%23.93M

8.46%22.75M

5.07%75.26M

-7.54%20.55M

-10.55%20.62M

-Accumulated depreciation

----

1.96%-51.52M

----

-6.11%-52.55M

----

Foreclosed assets

----

6.67%32K

----

-96.61%30K

----

Goodwill and other intangible assets

-8.55%64.6M

-8.58%65.99M

-7.08%67.48M

36.01%69.24M

34.66%70.64M

34.62%72.19M

33.07%72.62M

-8.83%50.91M

-Goodwill

-0.65%46.78M

1.57%46.78M

50.26%47.09M

49.53%47.09M

52.51%46.06M

3.76%31.34M

-Other intangible assets

-24.35%17.82M

-23.46%19.21M

-22.08%20.7M

13.19%22.16M

12.32%23.55M

13.41%25.1M

8.99%26.56M

-23.67%19.58M

Other assets

6.45%77.83M

72.36%5.91M

25.01%87.46M

18.56%79.66M

46.64%73.12M

18.59%3.43M

82.09%69.96M

53.04%67.19M

Total assets

11.61%4.34B

3.39%3.91B

4.82%3.87B

16.32%3.83B

16.50%3.89B

11.41%3.78B

16.25%3.69B

4.37%3.3B

Liabilities

Total deposits

8.34%3.28B

6.18%3.1B

-3.03%2.87B

8.91%2.85B

4.83%3.03B

-0.17%2.92B

9.17%2.96B

-3.37%2.62B

Federal funds purchased and securities sold under agreement to repurchase

----

486.05%315.47M

319.31%492.06M

--372.15M

----

--53.83M

--117.35M

Current debt and capital lease obligation

--200M

-16.90%314.17M

0.00%200M

--0

--378.08M

--200M

--125M

-Current debt

--200M

-16.90%314.17M

0.00%200M

--0

--378.08M

--200M

--125M

Long term debt and capital lease obligation

551.08%419.41M

-0.06%64.71M

4.11%65.21M

4.66%65.65M

2.65%64.42M

2.43%64.75M

-1.19%62.64M

-1.78%62.73M

-Long term debt

603.20%413.99M

0.19%58.96M

0.19%58.93M

0.19%58.9M

0.19%58.87M

0.19%58.84M

0.19%58.82M

0.19%58.79M

-Long term capital lease obligation

-2.25%5.42M

-2.56%5.75M

64.43%6.29M

71.26%6.75M

38.87%5.55M

31.80%5.9M

-18.47%3.82M

-24.06%3.94M

Other liabilities

5.02%62.08M

-0.56%64.1M

-1.86%66.87M

2.29%64.73M

12.23%59.12M

30.14%64.46M

49.76%68.14M

66.36%63.28M

Total liabilities

12.44%3.97B

3.38%3.54B

5.18%3.52B

16.31%3.48B

17.29%3.53B

12.84%3.42B

18.58%3.35B

6.22%2.99B

Shareholders'equity

Share capital

-1.45%19.78M

-1.29%19.73M

-0.70%19.85M

15.08%19.92M

16.07%20.07M

16.14%19.99M

16.15%19.99M

0.63%17.31M

-common stock

-1.45%19.78M

-1.29%19.73M

-0.70%19.85M

15.08%19.92M

16.07%20.07M

16.14%19.99M

16.15%19.99M

0.63%17.31M

-Preferred stock

--0

Paid-in capital

-2.63%150.74M

-3.06%150.34M

-1.78%151.88M

63.94%152.67M

67.24%154.82M

66.99%155.1M

68.47%154.63M

2.03%93.13M

Retained earnings

-1.84%275.37M

-2.75%272.71M

6.60%291.16M

7.00%285.84M

7.50%280.54M

10.59%280.43M

12.11%273.13M

14.45%267.13M

Gains losses not affecting retained earnings

22.90%-74.26M

25.33%-73.66M

-10.28%-113.48M

-43.09%-100.74M

-127.55%-96.31M

-2,218.24%-98.64M

-18,281.80%-102.91M

-2,890.53%-70.41M

Total stockholders'equity

3.49%371.64M

3.43%369.13M

1.32%349.4M

16.45%357.69M

9.32%359.12M

-0.70%356.87M

-2.37%344.84M

-10.81%307.16M

Total equity

3.49%371.64M

3.43%369.13M

1.32%349.4M

16.45%357.69M

9.32%359.12M

-0.70%356.87M

-2.37%344.84M

-10.81%307.16M

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion with Explanatory Notes

	(Q1)Mar 31, 2024	(FY)Dec 31, 2023	(Q4)Dec 31, 2023	(Q3)Sep 30, 2023	(Q2)Jun 30, 2023	(Q1)Mar 31, 2023	(FY)Dec 31, 2022	(Q4)Dec 31, 2022	(Q3)Sep 30, 2022	(Q2)Jun 30, 2022
Assets
Cash cash equivalents and federal funds sold	275.93%545.77M	123.02%129.89M	123.02%129.89M	-5.22%64.72M	76.74%65.47M	9.30%145.18M	-75.96%58.24M	-75.96%58.24M	-57.17%68.29M	-88.26%37.04M
-Cash and cash equivalents	275.93%545.77M	123.02%129.89M	123.02%129.89M	19.49%64.72M	76.74%65.47M	9.30%145.18M	-75.96%58.24M	-75.96%58.24M	-66.03%54.17M	-88.26%37.04M
-Money market investments	----	----	----	----	----	----	----	----	--14.12M	----
Receivables	24.39%16.15M	19.21%57.28M	19.21%57.28M	38.25%15.56M	48.41%13.59M	52.45%12.98M	48.91%48.05M	48.91%48.05M	27.39%11.26M	8.18%9.16M
-Accounts receivable	24.39%16.15M	22.00%15.7M	22.00%15.7M	38.25%15.56M	48.41%13.59M	52.45%12.98M	50.74%12.87M	50.74%12.87M	27.39%11.26M	8.18%9.16M
-Other receivables	----	18.19%41.58M	18.19%41.58M	----	----	----	48.25%35.18M	48.25%35.18M	----	----
Prepaid assets	----	-14.83%5.77M	-14.83%5.77M	----	----	----	27.14%6.77M	27.14%6.77M	----	----
Net loan	12.36%2.77B	12.92%2.74B	12.92%2.74B	11.80%2.59B	31.65%2.52B	36.51%2.47B	36.63%2.42B	36.63%2.42B	26.47%2.31B	2.40%1.91B
-Gross loan	12.25%2.81B	12.94%2.77B	12.94%2.77B	11.88%2.62B	31.36%2.55B	36.07%2.5B	35.96%2.45B	35.96%2.45B	25.95%2.34B	2.23%1.94B
-Allowance for loans and lease losses	4.22%36.58M	15.08%35.84M	15.08%35.84M	17.19%36.29M	13.78%35.7M	10.69%35.1M	-1.35%31.15M	-1.35%31.15M	-3.42%30.97M	-7.08%31.37M
Securities and investments	-24.59%768.76M	-24.34%786.25M	-24.34%786.25M	-10.63%943.27M	-12.80%985.87M	-15.50%1.02B	-13.81%1.04B	-13.81%1.04B	3.70%1.06B	41.70%1.13B
-Trading securities	--4.55M	----	----	----	----	----	----	----	----	----
-Held to maturity securities	-6.92%291.93M	-6.95%299.52M	-6.95%299.52M	-7.09%303.27M	-7.03%308.42M	-7.79%313.65M	-8.57%321.9M	-8.57%321.9M	-9.98%326.41M	126.73%331.74M
-Short term investments	-33.09%472.27M	-32.15%486.74M	-32.15%486.74M	-12.22%640M	-15.19%677.45M	-18.53%705.83M	-15.97%717.32M	-15.97%717.32M	11.27%729.11M	22.60%798.8M
Long term equity investment	----	0.00%14K	0.00%14K	----	----	----	0.00%14K	0.00%14K	----	----
Federal home loan bank stock	----	-11.55%21.19M	-11.55%21.19M	----	----	----	269.65%23.96M	269.65%23.96M	----	----
Derivative assets	----	41.21%8.94M	41.21%8.94M	----	----	----	87.26%6.33M	87.26%6.33M	----	----
Bank owned life insurance	2.50%33.4M	-2.22%33.24M	-2.22%33.24M	-2.26%33.01M	-2.30%32.79M	-2.32%32.58M	2.52%33.99M	2.52%33.99M	2.50%33.78M	2.48%33.56M
Net PPE	2.29%23.27M	2.95%23.38M	2.95%23.38M	12.75%23.17M	16.05%23.93M	8.46%22.75M	2.76%22.71M	2.76%22.71M	-7.54%20.55M	-10.55%20.62M
-Gross PPE	2.29%23.27M	-0.48%74.89M	-0.48%74.89M	12.75%23.17M	16.05%23.93M	8.46%22.75M	5.07%75.26M	5.07%75.26M	-7.54%20.55M	-10.55%20.62M
-Accumulated depreciation	----	1.96%-51.52M	1.96%-51.52M	----	----	----	-6.11%-52.55M	-6.11%-52.55M	----	----
Foreclosed assets	----	6.67%32K	6.67%32K	----	----	----	-96.61%30K	-96.61%30K	----	----
Goodwill and other intangible assets	-8.55%64.6M	-8.58%65.99M	-8.58%65.99M	-7.08%67.48M	36.01%69.24M	34.66%70.64M	34.62%72.19M	34.62%72.19M	33.07%72.62M	-8.83%50.91M
-Goodwill	-0.65%46.78M	-0.65%46.78M	-0.65%46.78M	1.57%46.78M	50.26%47.09M	49.53%47.09M	49.53%47.09M	49.53%47.09M	52.51%46.06M	3.76%31.34M
-Other intangible assets	-24.35%17.82M	-23.46%19.21M	-23.46%19.21M	-22.08%20.7M	13.19%22.16M	12.32%23.55M	13.41%25.1M	13.41%25.1M	8.99%26.56M	-23.67%19.58M
Other assets	6.45%77.83M	72.36%5.91M	72.36%5.91M	25.01%87.46M	18.56%79.66M	46.64%73.12M	18.59%3.43M	18.59%3.43M	82.09%69.96M	53.04%67.19M
Total assets	11.61%4.34B	3.39%3.91B	3.39%3.91B	4.82%3.87B	16.32%3.83B	16.50%3.89B	11.41%3.78B	11.41%3.78B	16.25%3.69B	4.37%3.3B
Liabilities
Total deposits	8.34%3.28B	6.18%3.1B	6.18%3.1B	-3.03%2.87B	8.91%2.85B	4.83%3.03B	-0.17%2.92B	-0.17%2.92B	9.17%2.96B	-3.37%2.62B
Federal funds purchased and securities sold under agreement to repurchase	----	----	----	486.05%315.47M	319.31%492.06M	--372.15M	----	----	--53.83M	--117.35M
Current debt and capital lease obligation	--200M	-16.90%314.17M	-16.90%314.17M	0.00%200M	--0	--0	--378.08M	--378.08M	--200M	--125M
-Current debt	--200M	-16.90%314.17M	-16.90%314.17M	0.00%200M	--0	--0	--378.08M	--378.08M	--200M	--125M
Long term debt and capital lease obligation	551.08%419.41M	-0.06%64.71M	-0.06%64.71M	4.11%65.21M	4.66%65.65M	2.65%64.42M	2.43%64.75M	2.43%64.75M	-1.19%62.64M	-1.78%62.73M
-Long term debt	603.20%413.99M	0.19%58.96M	0.19%58.96M	0.19%58.93M	0.19%58.9M	0.19%58.87M	0.19%58.84M	0.19%58.84M	0.19%58.82M	0.19%58.79M
-Long term capital lease obligation	-2.25%5.42M	-2.56%5.75M	-2.56%5.75M	64.43%6.29M	71.26%6.75M	38.87%5.55M	31.80%5.9M	31.80%5.9M	-18.47%3.82M	-24.06%3.94M
Other liabilities	5.02%62.08M	-0.56%64.1M	-0.56%64.1M	-1.86%66.87M	2.29%64.73M	12.23%59.12M	30.14%64.46M	30.14%64.46M	49.76%68.14M	66.36%63.28M
Total liabilities	12.44%3.97B	3.38%3.54B	3.38%3.54B	5.18%3.52B	16.31%3.48B	17.29%3.53B	12.84%3.42B	12.84%3.42B	18.58%3.35B	6.22%2.99B
Shareholders'equity
Share capital	-1.45%19.78M	-1.29%19.73M	-1.29%19.73M	-0.70%19.85M	15.08%19.92M	16.07%20.07M	16.14%19.99M	16.14%19.99M	16.15%19.99M	0.63%17.31M
-common stock	-1.45%19.78M	-1.29%19.73M	-1.29%19.73M	-0.70%19.85M	15.08%19.92M	16.07%20.07M	16.14%19.99M	16.14%19.99M	16.15%19.99M	0.63%17.31M
-Preferred stock	--0	--0	--0	--0	--0	--0	--0	--0	--0	--0
Paid-in capital	-2.63%150.74M	-3.06%150.34M	-3.06%150.34M	-1.78%151.88M	63.94%152.67M	67.24%154.82M	66.99%155.1M	66.99%155.1M	68.47%154.63M	2.03%93.13M
Retained earnings	-1.84%275.37M	-2.75%272.71M	-2.75%272.71M	6.60%291.16M	7.00%285.84M	7.50%280.54M	10.59%280.43M	10.59%280.43M	12.11%273.13M	14.45%267.13M
Gains losses not affecting retained earnings	22.90%-74.26M	25.33%-73.66M	25.33%-73.66M	-10.28%-113.48M	-43.09%-100.74M	-127.55%-96.31M	-2,218.24%-98.64M	-2,218.24%-98.64M	-18,281.80%-102.91M	-2,890.53%-70.41M
Total stockholders'equity	3.49%371.64M	3.43%369.13M	3.43%369.13M	1.32%349.4M	16.45%357.69M	9.32%359.12M	-0.70%356.87M	-0.70%356.87M	-2.37%344.84M	-10.81%307.16M
Total equity	3.49%371.64M	3.43%369.13M	3.43%369.13M	1.32%349.4M	16.45%357.69M	9.32%359.12M	-0.70%356.87M	-0.70%356.87M	-2.37%344.84M	-10.81%307.16M
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	Unqualified Opinion with Explanatory Notes	--	--	--	--	--	--	--	--

Analysis

Analyst Rating

No Data

Price Target

No Data

Heat List

Overall