undamentalytics Newsletter
Sign in

Alerus Financial Corp key statistics and ratios

In fiscal 2025, Alerus Financial Corp had return on equity of 3.3% and a net margin of 7.8%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Net margin8.8%14.5%15.7%19.2%22.5%19.0%7.0%8.0%7.8%11.7%
Return on equity10.1%16.7%13.2%14.5%15.3%11.2%3.2%4.1%3.3%4.8%
Return on assets0.7%1.2%1.3%1.7%1.6%1.1%0.3%0.4%0.3%0.5%
Effective tax rate53.9%21.7%24.1%23.7%23.7%23.3%26.2%23.2%22.8%23.5%
Dividends ÷ net income44.9%28.8%30.2%23.3%20.4%32.0%126.7%86.9%119.4%76.1%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

44 /100

Weak moat

How hard Alerus Financial's competitive advantage looks for rivals to wear away, judged from 8 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 11 / 20

    Net income has been a median 1.0% of total assets over 7 years.

  • Durability 8 / 20

    Net margin has been a median 15.6%; its worst year was 4.1%.

  • Discipline 10 / 20

    The diluted share count rose 46.7% over five years; stock-based pay has been a median 0.9% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (49 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: ALRS vs IBCPALRS vs WASHALRS vs SHBI

More: Regional Banks stocks compared, Financials sector, rankings of US companies

Figures from Alerus Financial Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Alerus Financial Corp.