Alerus Financial Corp financial data

Symbol
ALRS on Nasdaq
Industry
National Commercial Banks
Location
401 Demers Ave, Grand Forks, ND
State of incorporation
DE
Fiscal year end
December 31
Former names
FIRST NATIONAL CORP NORTH DAKOTA (to 2/7/2002)
Latest financial report
10-Q - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.01K % +2.97%
Return On Equity 0.82 % -92.2%
Return On Assets 0.07 % -92.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.3M shares +28.1%
Common Stock, Shares, Outstanding 19.8M shares -0.29%
Entity Public Float 342M USD -12.2%
Common Stock, Value, Issued 19.8M USD -0.29%
Weighted Average Number of Shares Outstanding, Basic 19.8M shares -0.42%
Weighted Average Number of Shares Outstanding, Diluted 20.1M shares -0.1%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 5.63M USD -88.3%
Income Tax Expense (Benefit) 2.54M USD -76.6%
Net Income (Loss) Attributable to Parent 3.09M USD -91.7%
Earnings Per Share, Basic 0.16 USD/shares -91.4%
Earnings Per Share, Diluted 0.17 USD/shares -90.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 66M USD +1.93%
Deferred Income Tax Assets, Net 33.1M USD -31.1%
Property, Plant and Equipment, Net 18.8M USD
Operating Lease, Right-of-Use Asset 9.27M USD +54.8%
Intangible Assets, Net (Excluding Goodwill) 13.2M USD -28.7%
Goodwill 46.8M USD 0%
Assets 4.08B USD +6.57%
Liabilities 3.7B USD +5.07%
Accumulated Other Comprehensive Income (Loss), Net of Tax -63.4M USD +44.1%
Retained Earnings (Accumulated Deficit) 279M USD -4.22%
Stockholders' Equity Attributable to Parent 386M USD +10.6%
Liabilities and Equity 4.08B USD +5.57%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 12M USD
Net Cash Provided by (Used in) Financing Activities 426M USD +300%
Net Cash Provided by (Used in) Investing Activities -22.4M USD -29.7%
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 19.8M shares -0.29%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 416M USD +378%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 438M USD +569%
Interest Paid, Excluding Capitalized Interest, Operating Activities 22.3M USD +47.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 43M USD -13.5%
Operating Lease, Liability 9.64M USD +53.4%
Depreciation 700K USD +16.7%
Payments to Acquire Property, Plant, and Equipment 881K USD -4.55%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 53.2M USD +98.4%
Lessee, Operating Lease, Liability, to be Paid 14.8M USD +122%
Property, Plant and Equipment, Gross 64M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +25.6%
Deferred Income Tax Expense (Benefit) 1.46M USD +70.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.19M USD +1264%
Deferred Tax Assets, Operating Loss Carryforwards 3K USD -92.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 0 USD
Operating Lease, Payments 1.29M USD -34.5%
Additional Paid in Capital 151M USD -0.41%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 5.3M USD 0%
Share-based Payment Arrangement, Expense 1.9M USD -38.7%
Interest Expense 101M USD +123%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%