| Alerus Financial is a financial holding company. Through its subsidiary, Alerus Financial, National Association, Co. provides financial solutions to businesses and consumers through four segments: banking, which provides a line of loan, deposit, cash management, and treasury services; retirement and benefit services, which provides retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings account and other benefit services to clients on a nationwide basis; wealth management, which provides fiduciary services to consumer and commercial clients; and mortgage, which provides first and second mortgage loans. We show 13 historical shares outstanding datapoints in our ALRS shares outstanding history coverage, used to compute ALRS market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ALRS market cap history over the course of time is important for investors
interested in comparing ALRS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ALRS versus a peer is one thing; comparing
ALRS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ALRS can fluctuate over the course of history.
With this page we aim to empower investors researching ALRS by allowing them to research the ALRS market cap history.