Alerus Financial Corp
ALRS21.760USD
-0.320-1.45%
Close 12/26, 16:00（ET）Quotes delayed by 15 min
552.63MMarket Cap
11.35P/E TTM
More Details of Alerus Financial Corp Company
Alerus Financial Corporation is a diversified financial services company. Through the Company’s subsidiary, Alerus Financial, National Association (the Bank), the Company provides financial solutions to businesses and consumers through three distinct business segments: banking, retirement and benefit services, and wealth. Its commercial lending products include commercial loans, business term loans and lines of credit for small and midsize businesses. Its consumer lending products include residential first mortgage loans. It offers deposit products and services, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, and certificates of deposit. It also offers a range of treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. Its wealth division provides fiduciary services to consumer and commercial clients.
Alerus Financial Corp Info
Ticker SymbolALRS
Company nameAlerus Financial Corp
IPO dateJul 27, 2001
CEOLorenson (Katie A)
Number of employees846
Security typeOrdinary Share
Fiscal year-endJul 27
Address401 Demers Avenue
CityGRAND FORKS
Stock exchangeNASDAQ OMX - NASDAQ BASIC
CountryUnited States of America
Postal code58201
Phone17017953200
Websitehttps://www.alerus.com/
Ticker SymbolALRS
IPO dateJul 27, 2001
CEOLorenson (Katie A)
Company Executives of Alerus Financial Corp
Name
Name/Position
Position
Shareholding
Change
Mr. Galen G. Vetter, CPA
Mr. Galen G. Vetter, CPA
Independent Director
Independent Director
52.24K
+4.72%
Ms. Karin M. Taylor
Ms. Karin M. Taylor
Chief Operating Officer, Executive Vice President
Chief Operating Officer, Executive Vice President
24.76K
--
Ms. Janet O. Estep
Ms. Janet O. Estep
Independent Director
Independent Director
13.07K
+21.97%
Mr. John Uribe
Mr. John Uribe
Independent Director
Independent Director
5.58K
+72.97%
Ms. Nikki L. Sorum
Ms. Nikki L. Sorum
Independent Director
Independent Director
5.58K
+72.97%
Mr. Jeffrey W. Bolton
Mr. Jeffrey W. Bolton
Independent Director
Independent Director
--
--
Mr. Jim R. Collins
Mr. Jim R. Collins
Executive Vice President, Chief Banking and Revenue Officer
Executive Vice President, Chief Banking and Revenue Officer
--
--
Mr. Alan A. (Al) Villalon
Mr. Alan A. (Al) Villalon
Chief Financial Officer, Executive Vice President
Chief Financial Officer, Executive Vice President
--
--
Ms. Katie A. Lorenson, CPA
Ms. Katie A. Lorenson, CPA
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
--
--
Ms. Mary E. Zimmer
Ms. Mary E. Zimmer
Independent Director
Independent Director
--
--
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Galen G. Vetter, CPA
Mr. Galen G. Vetter, CPA
Independent Director
Independent Director
52.24K
+4.72%
Ms. Karin M. Taylor
Ms. Karin M. Taylor
Chief Operating Officer, Executive Vice President
Chief Operating Officer, Executive Vice President
24.76K
--
Ms. Janet O. Estep
Ms. Janet O. Estep
Independent Director
Independent Director
13.07K
+21.97%
Mr. John Uribe
Mr. John Uribe
Independent Director
Independent Director
5.58K
+72.97%
Ms. Nikki L. Sorum
Ms. Nikki L. Sorum
Independent Director
Independent Director
5.58K
+72.97%
Mr. Jeffrey W. Bolton
Mr. Jeffrey W. Bolton
Independent Director
Independent Director
--
--
Revenue Breakdown
Relevant data have not been disclosed by the company yet.
Relevant data have not been disclosed by the company yet.
By Business
By Region
Relevant data have not been disclosed by the company yet.
Shareholding Stats
Updated: Mon, Aug 18
Updated: Mon, Aug 18
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Alerus Financial, N.A.
9.12%
BlackRock Institutional Trust Company, N.A.
6.08%
The Vanguard Group, Inc.
5.00%
Alerus Financial Corp ESOP
4.08%
Newman (Randy L.)
3.18%
Other
72.55%
Shareholders
Shareholders
Proportion
Alerus Financial, N.A.
9.12%
BlackRock Institutional Trust Company, N.A.
6.08%
The Vanguard Group, Inc.
5.00%
Alerus Financial Corp ESOP
4.08%
Newman (Randy L.)
3.18%
Other
72.55%
Shareholder Types
Shareholders
Proportion
Investment Advisor
23.57%
Investment Advisor/Hedge Fund
19.62%
Bank and Trust
9.30%
Hedge Fund
5.13%
Individual Investor
4.44%
Corporation
4.08%
Research Firm
1.65%
Pension Fund
0.14%
Family Office
0.13%
Other
31.94%
Institutional Shareholding
Updated: Mon, Dec 8
Updated: Mon, Dec 8
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q4
238
15.12M
63.25%
-1.02K
2025Q3
240
15.12M
63.47%
+690.79K
2025Q2
224
14.36M
58.90%
+854.39K
2025Q1
218
13.70M
57.57%
-926.09K
2024Q4
219
13.47M
43.37%
+3.39M
2024Q3
200
10.07M
53.87%
+406.67K
2024Q2
186
9.64M
50.55%
+128.14K
2024Q1
178
9.52M
49.05%
-237.62K
2023Q4
170
9.19M
47.39%
+351.39K
2023Q3
164
8.84M
48.85%
-56.88K
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Alerus Financial, N.A.
2.18M
8.57%
+30.11K
+1.40%
Jun 30, 2025
BlackRock Institutional Trust Company, N.A.
1.55M
6.12%
-64.83K
-4.01%
Jun 30, 2025
The Vanguard Group, Inc.
1.25M
4.93%
+58.21K
+4.87%
Jun 30, 2025
Alerus Financial Corp ESOP
1.04M
4.08%
-977.05K
-48.53%
Mar 31, 2025
Newman (Randy L.)
806.58K
3.18%
+2.35K
+0.29%
May 22, 2025
Dimensional Fund Advisors, L.P.
757.04K
2.98%
+72.79K
+10.64%
Jun 30, 2025
Geode Capital Management, L.L.C.
561.34K
2.21%
+23.11K
+4.29%
Jun 30, 2025
Endeavour Capital Advisors Inc.
513.93K
2.02%
-13.35K
-2.53%
Jun 30, 2025
State Street Investment Management (US)
474.61K
1.87%
+70.83K
+17.54%
Jun 30, 2025
Columbia Threadneedle Investments (US)
377.75K
1.49%
-1.93K
-0.51%
Jun 30, 2025
View more
Related ETFs
Updated: Sat, Dec 6
Updated: Sat, Dec 6
Name
Proportion
First Trust Dow Jones Select MicroCap Index Fund
0.83%
Hypatia Women CEO ETF
0.76%
SPDR SSGA US Small Cap Low Volatility Index ETF
0.3%
Inspire Small/Mid Cap ESG ETF
0.2%
iShares Micro-Cap ETF
0.1%
Avantis US Small Cap Equity ETF
0.05%
WisdomTree U.S. SmallCap Dividend Fund
0.04%
WisdomTree US SmallCap Fund
0.04%
Invesco Russell 2000 Dynamic Multifactor ETF
0.03%
iShares Russell 2000 Value ETF
0.03%
View more
First Trust Dow Jones Select MicroCap Index Fund
Proportion0.83%
Hypatia Women CEO ETF
Proportion0.76%
SPDR SSGA US Small Cap Low Volatility Index ETF
Proportion0.3%
Inspire Small/Mid Cap ESG ETF
Proportion0.2%
iShares Micro-Cap ETF
Proportion0.1%
Avantis US Small Cap Equity ETF
Proportion0.05%
WisdomTree U.S. SmallCap Dividend Fund
Proportion0.04%
WisdomTree US SmallCap Fund
Proportion0.04%
Invesco Russell 2000 Dynamic Multifactor ETF
Proportion0.03%
iShares Russell 2000 Value ETF
Proportion0.03%
Dividend
A total of
64.20M
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Dec 05, 2025
ALRS.NB Final Cash Dividend of gross USD 0.21 paid on Jan 09, 2026 going ex on Dec 26, 2025
Dec 26, 2025
Jan 09, 2026
Dec 26, 2025
Aug 28, 2025
ALRS.NB Interim Cash Dividend of gross USD 0.21 paid on Oct 10, 2025 going ex on Sep 26, 2025
Sep 26, 2025
Oct 10, 2025
Sep 26, 2025
May 22, 2025
ALRS.NB Interim Cash Dividend of gross USD 0.21 paid on Jul 11, 2025 going ex on Jun 27, 2025
Jun 27, 2025
Jul 11, 2025
Jun 27, 2025
Feb 26, 2025
ALRS.NB Interim Cash Dividend of gross USD 0.2 paid on Apr 11, 2025 going ex on Mar 14, 2025
Mar 14, 2025
Apr 11, 2025
Mar 14, 2025
Dec 11, 2024
ALRS.NB Final Cash Dividend of gross USD 0.2 paid on Jan 17, 2025 going ex on Dec 27, 2024
Dec 27, 2024
Jan 17, 2025
Dec 27, 2024
Aug 21, 2024
ALRS.NB Interim Cash Dividend of gross USD 0.2 paid on Oct 11, 2024 going ex on Sep 13, 2024
Sep 13, 2024
Oct 11, 2024
Sep 13, 2024
May 23, 2024
ALRS.NB Interim Cash Dividend of gross USD 0.2 paid on Jul 15, 2024 going ex on Jun 14, 2024
Jun 14, 2024
Jul 15, 2024
Jun 14, 2024
Feb 28, 2024
ALRS.NB Interim Cash Dividend of gross USD 0.19 paid on Apr 12, 2024 going ex on Mar 14, 2024
Mar 15, 2024
Apr 12, 2024
Mar 14, 2024
Dec 14, 2023
ALRS.NB Final Cash Dividend of gross USD 0.19 paid on Jan 12, 2024 going ex on Dec 26, 2023
Dec 27, 2023
Jan 12, 2024
Dec 26, 2023
Aug 25, 2023
ALRS.NB Interim Cash Dividend of gross USD 0.19 paid on Oct 13, 2023 going ex on Sep 14, 2023
Sep 15, 2023
Oct 13, 2023
Sep 14, 2023
View more
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data
FAQs
Who are the top five shareholders of Alerus Financial Corp?
The top five shareholders of Alerus Financial Corp are:
Alerus Financial, N.A. holds 2.18M shares, accounting for 8.57% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 1.55M shares, accounting for 6.12% of the total shares.
The Vanguard Group, Inc. holds 1.25M shares, accounting for 4.93% of the total shares.
Alerus Financial Corp ESOP holds 1.04M shares, accounting for 4.08% of the total shares.
Newman (Randy L.) holds 806.58K shares, accounting for 3.18% of the total shares.
Alerus Financial, N.A. holds 2.18M shares, accounting for 8.57% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 1.55M shares, accounting for 6.12% of the total shares.
The Vanguard Group, Inc. holds 1.25M shares, accounting for 4.93% of the total shares.
Alerus Financial Corp ESOP holds 1.04M shares, accounting for 4.08% of the total shares.
Newman (Randy L.) holds 806.58K shares, accounting for 3.18% of the total shares.
What are the top three shareholder types of Alerus Financial Corp?
The top three shareholder types of Alerus Financial Corp are:
Alerus Financial, N.A.
BlackRock Institutional Trust Company, N.A.
The Vanguard Group, Inc.
Alerus Financial, N.A.
BlackRock Institutional Trust Company, N.A.
The Vanguard Group, Inc.
How many institutions hold shares of Alerus Financial Corp (ALRS)?
As of 2025Q4, 238 institutions hold shares of Alerus Financial Corp, with a combined market value of approximately 15.12M, accounting for 63.25% of the total shares. Compared to 2025Q3, institutional shareholding has increased by -0.22%.
What is the biggest source of revenue for Alerus Financial Corp?
In --, the -- business generated the highest revenue for Alerus Financial Corp, amounting to -- and accounting for --% of total revenue.
