Alerus Financial Corporation

NASDAQ: ALRS · Financial Services · Banks - Regional

PublicHQ Grand Forks, ND · Grand ForksCIK 0000903419Reports USD

#1 of 1,011 Financial Services companies by revenue

EA Score

——

FH 42DQ —GM —SS 75

v0.1 · 35/100 weight · pillars only

↑ filing timeliness, workforce scale · ↓ return on equity, return on assets

Methodology →

Revenue TTM

$330.4M

Rev growth YoY (TTM)

-6.1%

Net income (FY)

$17.4M

Employees

846

Market cap

$781.8M

Financials — latest annual

SEC EDGAR · USD-normalized

ConceptUSDNativeFY

Net income$17.4M$17.4M2025

Total assets$5.2B$5.2B2025

Liabilities$4.7B$4.7B2025

Equity$564.9M$564.9M2025

Revenue by segment

Filed disclosures · FY2025

By product

Retirement and Benefit Services64%

Wealth Management27%

Interchange Fees3%

Deposit Account3%

Transactional Fees2%

Other Noninterest1%

By geography

Not disclosed.

The read

Alerus Financial Corporation earned $17.4M in FY2025 net income.

Peers · Financial Services

Shore Bancshares, Inc.56C Canadian General Investments, Limited64C Royce Micro-Cap Trust, Inc.——Lincoln International Inc.——

Key facts

CEODaniel Edmund Coughlin

SectorFinancial Services

IndustryBanks - Regional

HeadquartersGrand Forks, ND

ExchangeNASDAQ: ALRS

Employees846

IPO date2003-03-20

Latest filings

8-K2026-05-22 8-K2026-05-19 8-K2026-05-15 10-Q2026-05-01 8-K2026-04-29 DEF 14A2026-04-01 8-K2026-03-31 10-K2026-03-04

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.