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NASDAQ: ALRS
Alerus Financial (ALRS) stock, explained like you're 5
Alerus Financial trades on the Nasdaq under the ticker ALRS. It is a small cap company in the major banks industry, part of the financial services sector, with a market value of about 774 million dollars.
- Ticker
- ALRS
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Major Banks
- Size
- Small cap, about 774 million dollars
Is Alerus Financial a small, medium or large cap company?
No. Alerus Financial is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 774 million dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Alerus Financial makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves ALRS stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Alerus Financial (ALRS) Stock Gets Fair Value Bump As Analysts Eye Stronger Loan Growth (Yahoo Finance)
- Alerus Financial (NASDAQ:ALRS) Stock Has Average Price Target of $35.75 According to Analysts (MarketBeat)
- Piper Sandler upgrades Alerus Financial stock rating on growth outlook (Investing.com)
- Implied Volatility Surging for Alerus Financial Stock Options (TradingView)
- Alerus, Horizon Bancorp, IBCP upgraded at Piper, two stocks downgraded (ALRS:NASDAQ) (Seeking Alpha)
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Questions about Alerus Financial stock
What does Alerus Financial do?
Alerus Financial trades on the Nasdaq under the ticker ALRS. It is a small cap company in the major banks industry, part of the financial services sector, with a market value of about 774 million dollars.
What is the ticker symbol for Alerus Financial?
Alerus Financial trades under the ticker ALRS on the Nasdaq.
What is Alerus Financial's market cap?
Alerus Financial is a small cap stock with a market cap of about 774 million dollars.
How does Alerus Financial make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves ALRS stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow ALRS stock every day?
Add ALRS to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.