21.73
price up icon0.05%   +0.01
after-market  After Hours:  23.31  1.58   +7.27%
loading

Alerus Financial Corp (ALRS) Stock Split History

Alerus Financial Corp has split its stock once since its initial public offering (IPO). The stock split of Alerus Financial Corp occurred on September 15, 2014 on a 3-for-1 basis, meaning that for 1 share of ALRS owned pre-split, shareholders then owned 3 shares.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Alerus Financial Corp's total market capitalization.

ALRS stock split list

Date Split Ratio
2014-09-15 3 - for - 1

Will Alerus Financial Corp Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Alerus Financial Corp has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when ALRS stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Alerus Financial Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
HDB 2019-09-26 2 - for - 1
IBN 2017-06-19 110 - for - 100
ITUB 2018-11-28 3 - for - 2
USB 1999-04-16 3 - for - 1
PNC 1992-11-16 2 - for - 1
TFC 1998-08-04 2 - for - 1
LYG 2009-05-06 51 - for - 50
BBD 2022-04-19 11 - for - 10
DB 1995-06-01 10 - for - 1
NWG 2022-08-30 13 - for - 14
MTB 2000-10-06 10 - for - 1
FITB 2000-07-17 3 - for - 2
KB 2001-12-26 17 - for - 16
HBAN 2000-07-12 11 - for - 10
RF 2004-07-01 16 - for - 13
SHG 2012-10-15 2 - for - 1
banks_regional LYG
$2.26
price down icon 0.88%
$5.66
price down icon 2.08%
banks_regional MFG
$3.70
price up icon 0.27%
banks_regional TFC
$35.24
price down icon 1.12%
banks_regional NU
$10.22
price down icon 1.35%
banks_regional PNC
$146.12
price up icon 0.50%
Cap:     |  Volume (24h):