ALERUS FINANCIAL CORP (ALRS) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ALRS currently has 25.4M outstanding shares. with limited dilution risk as only 4.38M additional shares (17.3%) are authorized for issuance. The company has significantly diluted shareholders by 28.34% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 01, 2026 |
10-Q filing | 25.4M shares outstanding |
25M | 4.4M |
| Nov 05, 2025 |
10-Q filing | 25.4M shares outstanding |
25M | 4.4M |
| Aug 05, 2025 |
10-Q filing | 25.4M shares outstanding |
25M | 4.4M |
| May 06, 2025 |
10-Q filing | 25.4M shares outstanding |
25M | 4.4M |
| Mar 14, 2025 |
10-K filing | 25.3M shares outstanding |
25M | 4.4M |
| Oct 31, 2024 |
10-Q filing | 19.8M shares outstanding |
20M | 10M |
| Aug 08, 2024 |
10-Q filing | 19.8M shares outstanding |
20M | 10M |
| May 02, 2024 |
10-Q filing | 19.7M shares outstanding |
20M | 10M |
| Mar 08, 2024 |
10-K filing | 19.9M shares outstanding |
20M | 9.8M |
| Dec 14, 2023 |
8-K filing: Alerus Financial Corporation announced a cash dividend of $0.19 per share and approved a new stock repurchase program authorizing the repurchase of up to 1,000,000 shares of its common stock, which will replace the existing program. |
20M | 9.9M |
| Nov 02, 2023 |
10-Q filing | 19.9M shares outstanding |
20M | 9.9M |
| Sep 14, 2023 |
S-3 filing: Alerus Financial Corporation may offer and sell, at any time and from time to time, in one or more offerings, together or separately, any combination of common stock, preferred stock, debt securities, warrants, depositary shares, subscription rights, stock purchase contracts, stock purchase units, and units. The aggregate initial offering price of the securities that we offer will not exceed $125,000,000. |
20M | 9.7M |
| Aug 03, 2023 |
10-Q filing | 20.0M shares outstanding |
20M | 2.8M |
| May 08, 2023 |
10-Q filing | 20.0M shares outstanding |
20M | 2.8M |
| Mar 13, 2023 |
10-K filing | 18.6M shares outstanding |
19M | 4.2M |
| Nov 03, 2022 |
10-Q filing | 20.0M shares outstanding |
20M | 2.8M |
| Aug 04, 2022 |
10-Q filing | 17.3M shares outstanding |
17M | 5.5M |
| May 06, 2022 |
10-Q filing | 17.2M shares outstanding |
17M | 5.6M |
| Mar 11, 2022 |
10-K filing | 17.2M shares outstanding |
17M | 5.6M |
| Dec 09, 2021 |
8-K filing: Alerus Financial Corporation entered into an Agreement and Plan of Merger with MPB BHC, Inc., where MPB will merge into Alerus Financial Corporation, with MPB shareholders receiving 0.74 shares of Alerus Financial Corporation common stock for each share of MPB common stock. |
17M | 5.6M |
| Nov 04, 2021 |
10-Q filing | 17.2M shares outstanding |
17M | 5.6M |
| Aug 05, 2021 |
10-Q filing | 17.2M shares outstanding |
17M | 5.6M |
| May 06, 2021 |
10-Q filing | 17.1M shares outstanding |
17M | 5.7M |
| Mar 30, 2021 |
8-K filing: Alerus Financial Corporation entered into a Subordinated Note Purchase Agreement with the Bank of North Dakota, selling and issuing a $50.0 million Subordinated Note due 2031 at a price equal to 100% of its face amount. ($50.0M proceeds) |
17M | 5.7M |
| Mar 12, 2021 |
10-K filing | 17.1M shares outstanding |
17M | 5.7M |
| Feb 22, 2021 |
8-K filing: Alerus Financial Corporation's Board of Directors approved a stock repurchase program authorizing the Company to repurchase up to 770,000 shares of its common stock over a 36-month period. |
17M | 5.7M |
| Nov 05, 2020 |
10-Q filing | 17.1M shares outstanding |
17M | 5.7M |
| Sep 16, 2020 |
S-3 filing: Alerus Financial Corporation may offer and sell, at any time and from time to time, in one or more offerings, together or separately, any combination of securities with an aggregate initial offering price not exceeding $125,000,000. |
17M | 5.7M |
| Aug 06, 2020 |
10-Q filing | 17.1M shares outstanding |
17M | 0 |
| May 13, 2020 |
10-Q filing | 17.1M shares outstanding |
17M | 0 |
| Mar 26, 2020 |
10-K filing | 17.1M shares outstanding |
17M | 0 |