Alerus Financial vs Washington Trust Bancorp
Alerus Financial and Washington Trust Bancorp are similar in size: $224m and $229m of revenue in their latest fiscal years. Washington Trust Bancorp grew faster (127.6% against 1.1%). Washington Trust Bancorp kept more of each dollar of sales as profit: a net margin of 22.8% against 7.8%.
| Latest fiscal year | Alerus FinancialALRS, 2025 | Washington Trust BancorpWASH, 2025 |
|---|---|---|
| Revenue | $224m | $229m |
| Revenue growth | 1.1% | 127.6% |
| Net income | $17.4m | $52.2m |
| Operating margin | — | — |
| Net margin | 7.8% | 22.8% |
| Return on equity | 3.3% | 10.0% |
| Free cash flow | $58.8m | $78.3m |
| Cash | $67.2m | $104m |
| Total debt | $368m | $0 |
| Debt to equity | — | — |
| Dividend per share | $0.83 | $2.24 |
| Dividend yield | 2.4% | 5.7% |
| Share buybacks | $737,000 | $7.4m |
| Employees | 864 | 642 |
| Market value | $858m | $750m |
| Price vs our value range | — | — |
| Moat score | 44 (Weak) | 56 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |