Alerus Financial
ALRS
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 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
21% more capital invested
Capital invested by funds: $251M [Q1] → $303M (+$52M) [Q2]
15% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 39
11% more funds holding
Funds holding: 113 [Q1] → 125 (+12) [Q2]
1.35% more ownership
Funds ownership: 53.74% [Q1] → 55.09% (+1.35%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Piper Sandler
Nathan Race
|
$26
|
Neutral
Maintained
|
30 Jul 2025 |
DA Davidson
Jeffrey Rulis
|
$25
|
Neutral
Maintained
|
29 Jul 2025 |
Raymond James
David Long
|
$27
|
Outperform
Reiterated
|
29 Jul 2025 |
Keefe, Bruyette & Woods
Damon Delmonte
|
$25
|
Market Perform
Maintained
|
29 Jul 2025 |
Financial journalist opinion