
Alerus Financial Corp
ALRS · NASDAQ · Financial Services / Banks - Regional
Price History
Full chartMarket Stats
About
Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States. The company operates in three segments: Banking, Retirement and Benefit Services, and Wealth. It offers demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, noninterest-bearing deposits, interest-bearing checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault, merchant, and other cash management services. The company also provides commercial loans, business term loans, and lines of credit; commercial real estate, and commercial and industrial loans; consumer lending products, including residential first mortgage loans; and installment loans, and loans collateralized by cash and marketable securities. In addition, it offers retirement plan, and investment advisory services, employee stock ownership plan, investment fiduciary services, health savings accounts, flex spending accounts, COBRA recordkeeping, and other administration services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit cards, personal and business loans, credit cards, online and mobile banking/wallet, private banking, deposit and payment solutions, mortgages, administration, and government health insurance program services. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.
Company Details
- SectorFinancial Services
- IndustryBanks - Regional
- CEOMs. Katie A. O'Neill Lorenson CPA
- Employees821
- Headquarters401 Demers Avenue, Grand Forks, ND, United States, 58201, USA
- Websitehttps://www.alerus.com
Leadership
- Mr. Daniel Edmund CoughlinExecutive Chairman · b. 1963
- Ms. Katie A. O'Neill Lorenson CPAPresident, CEO & Member of Board of Directors · b. 1981
- Mr. Alan A. VillalonExecutive VP & CFO · b. 1974
- Ms. Karin M. TaylorExecutive VP & COO · b. 1968
- Mr. Jim R. CollinsExecutive VP and Chief Banking & Revenue Officer · b. 1972
- Mr. Forrest Rexford WilsonExecutive VP & Chief Retirement Services Officer · b. 1970
- Ms. Kari KoobDirector of Accounting · b. 1985
- Ms. Missy S. KeneyExecutive VP & Chief Engagement Officer · b. 1982
- Mr. Joseph BirkholzChief Risk Officer
- Ms. Becky Walen CFPSenior VP & Director of Wealth Advisory Services
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy1
- Buy1
- Hold3
Ownership Breakdown
- Institutions
- 67.06%
- Insiders
- 8.47%
- Retail / Other
- 24.47%
Top Institutional Holders
- ALERUS FINANCIAL NA2.24M8.99%
- BlackRock Inc1.76M7.06%
- Vanguard Capital Management, LLC961.78K3.86%
- Dimensional Fund Advisors, Inc.943.45K3.78%
- Geode Capital Management, LLC617.68K2.48%
- State Street Corp493.16K1.98%
- M3F, Inc.417.11K1.67%
- Ameriprise Financial Inc383.94K1.54%
- Stieven Capital Advisors, L.p.382.03K1.53%
- The Goldman Sachs Group Inc366.53K1.47%
- Phocas Financial Corp354.15K1.42%
- Banc Funds Co LLC349.17K1.40%
- Endeavour Capital Advisors Inc339.52K1.36%
- RSM US WEALTH MANAGEMENT LLC293.26K1.18%
- American Century Companies Inc277.69K1.11%
- Morgan Stanley - Brokerage Accounts272.99K1.10%
- AQR Capital Management LLC269.17K1.08%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest642.06K2.58%
- iShares Russell 2000 ETF622.03K2.50%
- Fidelity Small Cap Index260.90K1.05%
Dividends
Stock Splits
- Sep 15, 2014959692:319897
- Apr 12, 20042:1
- Jan 13, 19972:1