Companies/Alerus Financial Corporation
Company profile

Alerus Financial Corporation

NASDAQ: ALRS · Financial Services · Banks - Regional
PublicHQ Grand Forks, ND · Grand ForksCIK 0000903419Reports USD
#1 of 1,012 Financial Services companies by revenue
EA Score
Revenue TTM
$330.4M
Rev growth YoY (TTM)
-6.1%
Net income (FY)
$17.4M
Employees
843
as of 2026-08-11
Market cap
$834.5M
as of 2026-08-11

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

What is Alerus Financial Corporation’s financial profile?

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

Key facts
CEOKatie A. Lorenson
SectorFinancial Services
IndustryBanks - Regional
HeadquartersGrand Forks, ND
ExchangeNASDAQ: ALRS
Employees843
IPO date2003-03-20
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.