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Alerus Financial (ALRS) Competitors

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$30.82 +0.19 (+0.62%)
Closing price 06/26/2026 04:00 PM Eastern
Extended Trading
$30.80 -0.02 (-0.05%)
As of 06/26/2026 04:31 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

ALRS vs. ABCB, BUSE, CATY, CNOB, and FRME

Should you buy Alerus Financial stock or one of its competitors? MarketBeat compares Alerus Financial with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Alerus Financial include Ameris Bancorp (ABCB), First Busey (BUSE), Cathay General Bancorp (CATY), ConnectOne Bancorp (CNOB), and First Merchants (FRME). These companies are all part of the "finance" sector.

How does Alerus Financial compare to Ameris Bancorp?

Alerus Financial (NASDAQ:ALRS) and Ameris Bancorp (NASDAQ:ABCB) are both finance companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, risk, media sentiment, earnings, dividends, analyst recommendations, institutional ownership and valuation.

Alerus Financial pays an annual dividend of $0.84 per share and has a dividend yield of 2.7%. Ameris Bancorp pays an annual dividend of $0.80 per share and has a dividend yield of 0.9%. Alerus Financial pays out 81.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Ameris Bancorp pays out 12.6% of its earnings in the form of a dividend. Alerus Financial has raised its dividend for 25 consecutive years. Alerus Financial is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Alerus Financial has a beta of 0.69, meaning that its share price is 31% less volatile than the broader market. Comparatively, Ameris Bancorp has a beta of 0.91, meaning that its share price is 9% less volatile than the broader market.

Ameris Bancorp has higher revenue and earnings than Alerus Financial. Ameris Bancorp is trading at a lower price-to-earnings ratio than Alerus Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alerus Financial$399.92M1.94$17.44M$1.0329.92
Ameris Bancorp$1.20B5.09$358.68M$6.3614.29

Ameris Bancorp has a net margin of 21.46% compared to Alerus Financial's net margin of 6.74%. Alerus Financial's return on equity of 14.39% beat Ameris Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Alerus Financial6.74% 14.39% 1.51%
Ameris Bancorp 21.46%9.57%1.32%

51.3% of Alerus Financial shares are owned by institutional investors. Comparatively, 91.6% of Ameris Bancorp shares are owned by institutional investors. 4.3% of Alerus Financial shares are owned by company insiders. Comparatively, 5.7% of Ameris Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Alerus Financial currently has a consensus target price of $29.25, indicating a potential downside of 5.09%. Ameris Bancorp has a consensus target price of $92.17, indicating a potential upside of 1.38%. Given Ameris Bancorp's higher probable upside, analysts clearly believe Ameris Bancorp is more favorable than Alerus Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alerus Financial
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
2 Strong Buy rating(s)
2.71
Ameris Bancorp
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

In the previous week, Ameris Bancorp had 2 more articles in the media than Alerus Financial. MarketBeat recorded 4 mentions for Ameris Bancorp and 2 mentions for Alerus Financial. Alerus Financial's average media sentiment score of 0.96 beat Ameris Bancorp's score of 0.48 indicating that Alerus Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Alerus Financial
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ameris Bancorp
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Ameris Bancorp beats Alerus Financial on 12 of the 19 factors compared between the two stocks.

How does Alerus Financial compare to First Busey?

First Busey (NASDAQ:BUSE) and Alerus Financial (NASDAQ:ALRS) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, earnings, profitability, analyst recommendations, risk, media sentiment, institutional ownership and valuation.

First Busey pays an annual dividend of $1.04 per share and has a dividend yield of 3.5%. Alerus Financial pays an annual dividend of $0.84 per share and has a dividend yield of 2.7%. First Busey pays out 46.2% of its earnings in the form of a dividend. Alerus Financial pays out 81.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Busey has increased its dividend for 10 consecutive years and Alerus Financial has increased its dividend for 25 consecutive years. First Busey is clearly the better dividend stock, given its higher yield and lower payout ratio.

First Busey has a net margin of 19.16% compared to Alerus Financial's net margin of 6.74%. Alerus Financial's return on equity of 14.39% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
First Busey19.16% 10.19% 1.36%
Alerus Financial 6.74%14.39%1.51%

First Busey presently has a consensus target price of $27.83, indicating a potential downside of 6.60%. Alerus Financial has a consensus target price of $29.25, indicating a potential downside of 5.09%. Given Alerus Financial's stronger consensus rating and higher possible upside, analysts plainly believe Alerus Financial is more favorable than First Busey.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Busey
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Alerus Financial
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
2 Strong Buy rating(s)
2.71

In the previous week, First Busey had 4 more articles in the media than Alerus Financial. MarketBeat recorded 6 mentions for First Busey and 2 mentions for Alerus Financial. Alerus Financial's average media sentiment score of 0.96 beat First Busey's score of 0.73 indicating that Alerus Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Busey
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Alerus Financial
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

56.5% of First Busey shares are held by institutional investors. Comparatively, 51.3% of Alerus Financial shares are held by institutional investors. 3.8% of First Busey shares are held by company insiders. Comparatively, 4.3% of Alerus Financial shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

First Busey has a beta of 0.72, meaning that its share price is 28% less volatile than the broader market. Comparatively, Alerus Financial has a beta of 0.69, meaning that its share price is 31% less volatile than the broader market.

First Busey has higher revenue and earnings than Alerus Financial. First Busey is trading at a lower price-to-earnings ratio than Alerus Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Busey$790.86M3.19$135.26M$2.2513.24
Alerus Financial$399.92M1.94$17.44M$1.0329.92

Summary

First Busey beats Alerus Financial on 11 of the 20 factors compared between the two stocks.

How does Alerus Financial compare to Cathay General Bancorp?

Cathay General Bancorp (NASDAQ:CATY) and Alerus Financial (NASDAQ:ALRS) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, valuation, risk, institutional ownership, media sentiment, earnings, analyst recommendations and dividends.

In the previous week, Cathay General Bancorp had 3 more articles in the media than Alerus Financial. MarketBeat recorded 5 mentions for Cathay General Bancorp and 2 mentions for Alerus Financial. Cathay General Bancorp's average media sentiment score of 1.03 beat Alerus Financial's score of 0.96 indicating that Cathay General Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cathay General Bancorp
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Alerus Financial
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cathay General Bancorp has a beta of 0.86, meaning that its stock price is 14% less volatile than the broader market. Comparatively, Alerus Financial has a beta of 0.69, meaning that its stock price is 31% less volatile than the broader market.

75.0% of Cathay General Bancorp shares are owned by institutional investors. Comparatively, 51.3% of Alerus Financial shares are owned by institutional investors. 4.5% of Cathay General Bancorp shares are owned by company insiders. Comparatively, 4.3% of Alerus Financial shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Cathay General Bancorp has higher revenue and earnings than Alerus Financial. Cathay General Bancorp is trading at a lower price-to-earnings ratio than Alerus Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cathay General Bancorp$1.38B3.00$315.12M$4.8512.79
Alerus Financial$399.92M1.94$17.44M$1.0329.92

Cathay General Bancorp presently has a consensus target price of $51.75, suggesting a potential downside of 16.60%. Alerus Financial has a consensus target price of $29.25, suggesting a potential downside of 5.09%. Given Alerus Financial's stronger consensus rating and higher possible upside, analysts clearly believe Alerus Financial is more favorable than Cathay General Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cathay General Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.33
Alerus Financial
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
2 Strong Buy rating(s)
2.71

Cathay General Bancorp has a net margin of 23.79% compared to Alerus Financial's net margin of 6.74%. Alerus Financial's return on equity of 14.39% beat Cathay General Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Cathay General Bancorp23.79% 11.37% 1.38%
Alerus Financial 6.74%14.39%1.51%

Cathay General Bancorp pays an annual dividend of $1.52 per share and has a dividend yield of 2.4%. Alerus Financial pays an annual dividend of $0.84 per share and has a dividend yield of 2.7%. Cathay General Bancorp pays out 31.3% of its earnings in the form of a dividend. Alerus Financial pays out 81.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Alerus Financial has increased its dividend for 25 consecutive years. Alerus Financial is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Cathay General Bancorp beats Alerus Financial on 11 of the 19 factors compared between the two stocks.

How does Alerus Financial compare to ConnectOne Bancorp?

Alerus Financial (NASDAQ:ALRS) and ConnectOne Bancorp (NASDAQ:CNOB) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, profitability, valuation, institutional ownership, analyst recommendations, earnings, risk and dividends.

Alerus Financial pays an annual dividend of $0.84 per share and has a dividend yield of 2.7%. ConnectOne Bancorp pays an annual dividend of $0.78 per share and has a dividend yield of 2.3%. Alerus Financial pays out 81.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. ConnectOne Bancorp pays out 45.1% of its earnings in the form of a dividend. Alerus Financial has increased its dividend for 25 consecutive years and ConnectOne Bancorp has increased its dividend for 4 consecutive years. Alerus Financial is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

51.3% of Alerus Financial shares are owned by institutional investors. Comparatively, 67.7% of ConnectOne Bancorp shares are owned by institutional investors. 4.3% of Alerus Financial shares are owned by company insiders. Comparatively, 5.2% of ConnectOne Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

ConnectOne Bancorp has higher revenue and earnings than Alerus Financial. ConnectOne Bancorp is trading at a lower price-to-earnings ratio than Alerus Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alerus Financial$399.92M1.94$17.44M$1.0329.92
ConnectOne Bancorp$679.93M2.46$80.44M$1.7319.21

In the previous week, Alerus Financial and Alerus Financial both had 2 articles in the media. ConnectOne Bancorp's average media sentiment score of 1.30 beat Alerus Financial's score of 0.96 indicating that ConnectOne Bancorp is being referred to more favorably in the news media.

Company Overall Sentiment
Alerus Financial Positive
ConnectOne Bancorp Positive

Alerus Financial has a beta of 0.69, suggesting that its stock price is 31% less volatile than the broader market. Comparatively, ConnectOne Bancorp has a beta of 1.06, suggesting that its stock price is 6% more volatile than the broader market.

ConnectOne Bancorp has a net margin of 13.21% compared to Alerus Financial's net margin of 6.74%. Alerus Financial's return on equity of 14.39% beat ConnectOne Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Alerus Financial6.74% 14.39% 1.51%
ConnectOne Bancorp 13.21%10.17%1.04%

Alerus Financial currently has a consensus price target of $29.25, suggesting a potential downside of 5.09%. ConnectOne Bancorp has a consensus price target of $35.00, suggesting a potential upside of 5.33%. Given ConnectOne Bancorp's stronger consensus rating and higher possible upside, analysts clearly believe ConnectOne Bancorp is more favorable than Alerus Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alerus Financial
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
2 Strong Buy rating(s)
2.71
ConnectOne Bancorp
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20

Summary

ConnectOne Bancorp beats Alerus Financial on 13 of the 19 factors compared between the two stocks.

How does Alerus Financial compare to First Merchants?

First Merchants (NASDAQ:FRME) and Alerus Financial (NASDAQ:ALRS) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, media sentiment, analyst recommendations, dividends, profitability, valuation, risk and earnings.

73.9% of First Merchants shares are owned by institutional investors. Comparatively, 51.3% of Alerus Financial shares are owned by institutional investors. 1.8% of First Merchants shares are owned by insiders. Comparatively, 4.3% of Alerus Financial shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, First Merchants had 4 more articles in the media than Alerus Financial. MarketBeat recorded 6 mentions for First Merchants and 2 mentions for Alerus Financial. Alerus Financial's average media sentiment score of 0.96 beat First Merchants' score of 0.87 indicating that Alerus Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Merchants
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Alerus Financial
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Merchants has higher revenue and earnings than Alerus Financial. First Merchants is trading at a lower price-to-earnings ratio than Alerus Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Merchants$659.76M4.17$226M$3.4012.85
Alerus Financial$399.92M1.94$17.44M$1.0329.92

First Merchants has a net margin of 18.87% compared to Alerus Financial's net margin of 6.74%. Alerus Financial's return on equity of 14.39% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
First Merchants18.87% 9.58% 1.21%
Alerus Financial 6.74%14.39%1.51%

First Merchants currently has a consensus price target of $49.00, suggesting a potential upside of 12.18%. Alerus Financial has a consensus price target of $29.25, suggesting a potential downside of 5.09%. Given First Merchants' higher possible upside, equities research analysts clearly believe First Merchants is more favorable than Alerus Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Merchants
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33
Alerus Financial
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
2 Strong Buy rating(s)
2.71

First Merchants has a beta of 0.85, meaning that its stock price is 15% less volatile than the broader market. Comparatively, Alerus Financial has a beta of 0.69, meaning that its stock price is 31% less volatile than the broader market.

First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.4%. Alerus Financial pays an annual dividend of $0.84 per share and has a dividend yield of 2.7%. First Merchants pays out 43.5% of its earnings in the form of a dividend. Alerus Financial pays out 81.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Merchants has raised its dividend for 13 consecutive years and Alerus Financial has raised its dividend for 25 consecutive years. First Merchants is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

First Merchants beats Alerus Financial on 12 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALRS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALRS vs. The Competition

MetricAlerus FinancialFIN IndustryFinance SectorNASDAQ Exchange
Market Cap$769.69M$7.08B$13.84B$12.22B
Dividend Yield2.74%5.05%5.72%6.13%
P/E Ratio29.9217.9820.4824.18
Price / Sales1.9411.25134.64113.40
Price / Cash8.7050.7719.2654.37
Price / Book1.393.362.266.36
Net Income$17.44M$305.88M$1.14B$337.99M
7 Day Performance3.84%-2.32%0.90%0.10%
1 Month Performance7.35%-3.44%1.32%-0.11%
1 Year Performance40.54%7.41%15.36%27.61%

Alerus Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALRS
Alerus Financial
2.6714 of 5 stars
$30.82
+0.6%
$29.25
-5.1%
+38.5%$769.69M$399.92M29.92840
ABCB
Ameris Bancorp
3.546 of 5 stars
$88.31
+0.5%
$90.17
+2.1%
+40.4%$5.94B$1.20B16.952,850
BUSE
First Busey
4.3231 of 5 stars
$28.32
+0.2%
$27.50
-2.9%
+27.2%$2.40B$1.04B12.591,948
CATY
Cathay General Bancorp
2.8069 of 5 stars
$60.29
+0.3%
$51.75
-14.2%
+36.0%$4.04B$1.38B12.431,268
CNOB
ConnectOne Bancorp
4.52 of 5 stars
$32.53
+0.3%
$33.25
+2.2%
+43.6%$1.64B$679.93M18.80520

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This page (NASDAQ:ALRS) was last updated on 6/27/2026 by MarketBeat.com Staff.
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