Alerus FinancialALRS
About: Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and Mortgage. It provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services as well as wealth management services, including financial & estate planning, trust, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.
Employees: 892
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1,019% more call options, than puts
Call options by funds: $235K | Put options by funds: $21K
183% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 18
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
13% more capital invested
Capital invested by funds: $228M [Q3] → $256M (+$28.5M) [Q4]
9% more funds holding
Funds holding: 102 [Q3] → 111 (+9) [Q4]
2.23% more ownership
Funds ownership: 50.27% [Q3] → 52.5% (+2.23%) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keefe, Bruyette & Woods Damon Delmonte 23% 1-year accuracy 7 / 31 met price target | 11%upside $22 | Market Perform Maintained | 30 Apr 2025 |
Financial journalist opinion
Based on 4 articles about ALRS published over the past 30 days
