ALRS: Alerus Financial Corporation - Summary | Jitta

Alerus Financial Corporation

NASDAQ:ALRS

Price
$28.88
Loss Chance
39.3%
7.39JITTA SCORE
48.86%Over Jitta Line
Jitta Ranking
599 / 740
2,731 / 4,789
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (77)
Recent Business Performance (86)
Financial Strength (90)
Return to Shareholders (77)
Competitive Advantage (75)
Jitta Signs
Revenue and EarningConsistent
Operating MarginConsistent
Dividend PayoutIncreasing Every Year
CapExVery Low
SG&A to SalesDecreasing
Total DepositConsistent Growth
Loan to DepositEfficiency
Net Interest MarginHigh Efficiency
Recent Business PerformanceEarning decline 25.31% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
7.39
48.86%
5.50
> 1,000%
Other Diversified Financial Services
3.26
100.00%
4.96
15.96%
3.14
68.57%
COMPANY DESCRIPTION
Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates through four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, checking accounts, interest-bearing transaction accounts, money market accounts, time and savings deposits, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit 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 and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado. 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.