ALRS Shares Outstanding History — Alerus Financial Share Count Over Time

As of 2/28/2026 Alerus Financial has 25.40 million ALRS shares outstanding. Investors often track the ALRS shares outstanding history to compare shareholder return trends against the change in share count over time.

This page shows ALRS share count trends over time, with 27 historical shares outstanding datapoints presented, dating back to 9/12/2019.

Quick links: Shares Outstanding History Table  |  Shares Outstanding History Chart  |  About Alerus Financial
ALRS Shares Outstanding History



Below is a table of the ALRS shares outstanding history going back to 9/12/2019:

Date ALRS Shares Outstanding
9/12/201917.07M
11/7/201917.05M
3/16/202017.11M
5/8/202017.11M
7/31/202017.12M
10/31/202017.12M
2/28/202117.13M
4/30/202117.19M
7/31/202117.20M
10/31/202117.21M
2/28/202217.26M
4/30/202217.29M
7/31/202219.99M
10/31/202219.99M
2/28/202320.06M
4/30/202320.07M
7/31/202319.91M
10/31/202319.78M
2/29/202419.74M
4/30/202419.78M
8/5/202419.78M
10/29/202425.34M
3/7/202525.36M
5/2/202525.37M
8/1/202525.40M
11/1/202525.40M
2/28/202625.40M

Also see: ALRS Market Cap History
ALRS YTD Return
ALRS Historical Shares Outstanding:
+6.34% CAGR
ALRS Historical Shares Outstanding: +6.34% CAGR

Mouse over chart for data details
9/12/2019 ...2/28/2026
Alerus Financial Corporation is a commercial wealth bank and national retirement services provider. Through its subsidiary, Alerus Financial, National Association, it provides financial solutions to businesses and consumers. It operates in three segments. The Banking segment offers a complete line of loans, deposits, cash management, mortgage loans, and treasury services. The Retirement and Benefit Services segment provides various services, including recordkeeping and administration services to qualified retirement plans; ESOP trustee, recordkeeping, and administration; and investment fiduciary services to retirement plans, among others. We show 27 historical shares outstanding datapoints in our coverage of ALRS's shares outstanding history.

Understanding the changing numbers of ALRS shares outstanding — and comprehending the concept of differing number of shares outstanding in general comparing companies like ALRS versus peers — is critical for investors. 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. Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history. With this page we aim to empower investors researching ALRS by allowing them to research ALRS shares outstanding history as well as any other stock in our coverage universe.
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Video: Shares Outstanding Importance
Alerus Financial (ALRS) is categorized under the Financials sector; to help you further research historical shares outstanding numbers, below are some other companies in the same sector:

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