Alerus Financial (ALRS) vs South Plains Financial (SPFI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Alerus Financial (ALRS) has outperformed South Plains Financial (SPFI) over the past year, gaining 47.5% versus a gain of 11.3%. Over five years, SPFI leads with a +74.1% price change compared with +2.3% for ALRS. South Plains Financial is the larger company by market cap ($806.3 million vs $789.2 million), about 1.0 times the size.
On valuation, South Plains Financial trades at a lower forward P/E (10.3x vs 11.3x for Alerus Financial). Alerus Financial offers the higher dividend yield (2.68% vs 1.54%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALRS | SPFI |
|---|---|---|
| Share price | $31.66 | $42.80 |
| Market cap | $789.21M | $806.31M |
| 1-day change | -1.19% | +0.56% |
| YTD return | +42.27% | +10.31% |
| 1-year return | +47.51% | +11.28% |
| 5-year return | +2.30% | +74.05% |
| P/E ratio (TTM) | 29.31 | 11.66 |
| Forward P/E | 11.27 | 10.27 |
| EPS (TTM) | $1.08 | $3.67 |
| Dividend yield | 2.68% | 1.54% |
| Annual dividend | $0.85 | $0.66 |
| 52-week high | $34.40 | $46.94 |
| 52-week low | $20.31 | $35.34 |
| Distance from 52-week high | -7.97% | -8.82% |
| Analyst consensus | hold | none |
| Avg. price target upside | +11.18% | +18.57% |
| Average volume | 188.09K | 125.67K |
| Shares outstanding | 24.93M | 18.84M |
| Employees | 821 | 545 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ALRS has outperformed SPFI by 36.2 percentage points over the past year.
- Alerus Financial trades at a higher earnings multiple (29.3x vs 11.7x trailing P/E).
- Alerus Financial offers a meaningfully higher dividend yield (2.68% vs 1.54%).
About Alerus Financial
ALRS stock →Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States. The company operates in three segments: Banking, Retirement and Benefit Services, and Wealth.
Finance · Major Banks · 821 employees
About South Plains Financial
SPFI stock →South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals.
Finance · Major Banks · 545 employees
ALRS vs SPFI FAQ
Which is bigger, Alerus Financial or South Plains Financial?
South Plains Financial (SPFI) is larger, with a market capitalization of $806.31M compared with $789.21M for Alerus Financial (ALRS).
Which stock has performed better over the past year, ALRS or SPFI?
ALRS returned +47.51% over the past 12 months, compared with +11.28% for SPFI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALRS or SPFI?
SPFI has the lower trailing P/E at 11.7, versus 29.3 for ALRS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Alerus Financial or South Plains Financial?
Alerus Financial has the higher yield at 2.68%, compared with 1.54% for South Plains Financial.
Are Alerus Financial and South Plains Financial in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.