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ALERUS FINANCIAL CORP（ALRS）与FIRST HORIZON CORP（FHN）财务数据对比。点击上方公司名可切换其他公司
FIRST HORIZON CORP的季度营收约是ALERUS FINANCIAL CORP的19.7倍（$888.0M vs $45.2M）。FIRST HORIZON CORP净利率更高（29.4% vs -73.2%，领先102.6%）。FIRST HORIZON CORP同比增速更快（21.8% vs 18.0%）。FIRST HORIZON CORP自由现金流更多（$389.0M vs $15.3M）。过去两年ALERUS FINANCIAL CORP的营收复合增速更高（42.6% vs 4.1%）
阿勒鲁斯金融公司（品牌简称Alerus）是一家连锁金融机构，总部位于北达科他州大福克斯，网点分布在北达科他、明尼苏达、威斯康星与亚利桑那州，为客户提供银行、抵押贷款、财富管理以及退休规划等多种金融服务。
第一地平线公司（前身为第一田纳西银行）是一家成立于1864年的金融服务企业，总部位于美国田纳西州孟菲斯市。该公司通过旗下子公司第一地平线银行开展业务，网点覆盖美国东南部12个州，是该区域第四大区域性银行。
ALRS vs FHN — 直观对比
营收规模更大
FHN
是对方的19.7倍
$45.2M
营收增速更快
FHN
高出3.8%
18.0%
净利率更高
FHN
高出102.6%
-73.2%
自由现金流更多
FHN
多$373.7M
$15.3M
两年增速更快
ALRS
近两年复合增速
4.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $45.2M | $888.0M |
| 净利润 | $-33.1M | $261.0M |
| 毛利率 | — | — |
| 营业利润率 | -96.0% | 38.5% |
| 净利率 | -73.2% | 29.4% |
| 营收同比 | 18.0% | 21.8% |
| 净利润同比 | -49232.8% | 57.2% |
| 每股收益（稀释后） | $-1.27 | $0.51 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ALRSFHN
| Q4 25 | $45.2M | $888.0M | ||
| Q3 25 | $43.1M | $889.0M | ||
| Q2 25 | $43.0M | $830.0M | ||
| Q1 25 | $41.2M | $812.0M | ||
| Q4 24 | $38.3M | $729.0M | ||
| Q3 24 | $22.5M | $827.0M | ||
| Q2 24 | $24.0M | $9.0M | ||
| Q1 24 | $22.2M | $819.0M |
净利润ALRSFHN
| Q4 25 | $-33.1M | $261.0M | ||
| Q3 25 | $16.9M | $262.0M | ||
| Q2 25 | $20.3M | $241.0M | ||
| Q1 25 | $13.3M | $218.0M | ||
| Q4 24 | $-67.0K | $166.0M | ||
| Q3 24 | $5.2M | $218.0M | ||
| Q2 24 | $6.2M | $199.0M | ||
| Q1 24 | $6.4M | $192.0M |
营业利润率ALRSFHN
| Q4 25 | -96.0% | 38.5% | ||
| Q3 25 | 51.1% | 38.7% | ||
| Q2 25 | 61.2% | 37.2% | ||
| Q1 25 | 42.7% | 35.1% | ||
| Q4 24 | -0.8% | 28.8% | ||
| Q3 24 | 30.2% | 34.0% | ||
| Q2 24 | 33.9% | — | ||
| Q1 24 | 38.4% | 31.0% |
净利率ALRSFHN
| Q4 25 | -73.2% | 29.4% | ||
| Q3 25 | 39.2% | 29.5% | ||
| Q2 25 | 47.1% | 29.0% | ||
| Q1 25 | 32.4% | 26.8% | ||
| Q4 24 | -0.2% | 22.8% | ||
| Q3 24 | 23.1% | 26.4% | ||
| Q2 24 | 25.9% | 2211.1% | ||
| Q1 24 | 28.9% | 23.4% |
每股收益（稀释后）ALRSFHN
| Q4 25 | $-1.27 | $0.51 | ||
| Q3 25 | $0.65 | $0.50 | ||
| Q2 25 | $0.78 | $0.45 | ||
| Q1 25 | $0.52 | $0.41 | ||
| Q4 24 | $-0.06 | $0.29 | ||
| Q3 24 | $0.26 | $0.40 | ||
| Q2 24 | $0.31 | $0.34 | ||
| Q1 24 | $0.32 | $0.33 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $67.2M | — |
| 总债务越低越好 | $59.2M | — |
| 股东权益账面价值 | $564.9M | $8.8B |
| 总资产 | $5.2B | $83.9B |
| 负债/权益比越低杠杆越低 | 0.10× | — |
8季度趋势，按日历期对齐
现金及短期投资ALRSFHN
| Q4 25 | $67.2M | — | ||
| Q3 25 | $92.0M | — | ||
| Q2 25 | $80.9M | — | ||
| Q1 25 | $83.0M | — | ||
| Q4 24 | $61.2M | — | ||
| Q3 24 | $66.0M | — | ||
| Q2 24 | $438.1M | — | ||
| Q1 24 | $545.8M | — |
总债务ALRSFHN
| Q4 25 | $59.2M | — | ||
| Q3 25 | $59.2M | — | ||
| Q2 25 | $59.1M | — | ||
| Q1 25 | $59.1M | — | ||
| Q4 24 | $59.1M | — | ||
| Q3 24 | $59.0M | — | ||
| Q2 24 | $59.0M | — | ||
| Q1 24 | $59.0M | — |
股东权益ALRSFHN
| Q4 25 | $564.9M | $8.8B | ||
| Q3 25 | $550.7M | $8.9B | ||
| Q2 25 | $533.2M | $9.0B | ||
| Q1 25 | $514.2M | $8.7B | ||
| Q4 24 | $495.4M | $8.8B | ||
| Q3 24 | $386.5M | $9.0B | ||
| Q2 24 | $373.2M | $8.7B | ||
| Q1 24 | $371.6M | $8.9B |
总资产ALRSFHN
| Q4 25 | $5.2B | $83.9B | ||
| Q3 25 | $5.3B | $83.2B | ||
| Q2 25 | $5.3B | $82.1B | ||
| Q1 25 | $5.3B | $81.5B | ||
| Q4 24 | $5.3B | $82.2B | ||
| Q3 24 | $4.4B | $82.6B | ||
| Q2 24 | $4.4B | $82.2B | ||
| Q1 24 | $4.3B | $81.8B |
负债/权益比ALRSFHN
| Q4 25 | 0.10× | — | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | 0.11× | — | ||
| Q1 25 | 0.11× | — | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.16× | — | ||
| Q1 24 | 0.16× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $16.3M | $396.0M |
| 自由现金流经营现金流 - 资本支出 | $15.3M | $389.0M |
| 自由现金流率自由现金流/营收 | 33.9% | 43.8% |
| 资本支出强度资本支出/营收 | 2.3% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 1.52× |
| 过去12个月自由现金流最近4个季度 | $58.8M | $595.0M |
8季度趋势，按日历期对齐
经营现金流ALRSFHN
| Q4 25 | $16.3M | $396.0M | ||
| Q3 25 | $32.8M | $-200.0M | ||
| Q2 25 | $10.7M | $83.0M | ||
| Q1 25 | $7.7M | $349.0M | ||
| Q4 24 | $2.3M | $191.0M | ||
| Q3 24 | $20.2M | $389.0M | ||
| Q2 24 | $-12.5M | $-150.0M | ||
| Q1 24 | $11.7M | $838.0M |
自由现金流ALRSFHN
| Q4 25 | $15.3M | $389.0M | ||
| Q3 25 | $30.3M | $-208.0M | ||
| Q2 25 | $7.6M | $74.0M | ||
| Q1 25 | $5.7M | $340.0M | ||
| Q4 24 | $-2.7M | $174.0M | ||
| Q3 24 | $17.4M | $383.0M | ||
| Q2 24 | $-16.1M | $-161.0M | ||
| Q1 24 | $10.8M | $828.0M |
自由现金流率ALRSFHN
| Q4 25 | 33.9% | 43.8% | ||
| Q3 25 | 70.3% | -23.4% | ||
| Q2 25 | 17.6% | 8.9% | ||
| Q1 25 | 13.8% | 41.9% | ||
| Q4 24 | -7.1% | 23.9% | ||
| Q3 24 | 77.3% | 46.3% | ||
| Q2 24 | -67.3% | -1788.9% | ||
| Q1 24 | 48.7% | 101.1% |
资本支出强度ALRSFHN
| Q4 25 | 2.3% | 0.8% | ||
| Q3 25 | 5.7% | 0.9% | ||
| Q2 25 | 7.3% | 1.1% | ||
| Q1 25 | 5.0% | 1.1% | ||
| Q4 24 | 13.2% | 2.3% | ||
| Q3 24 | 12.3% | 0.7% | ||
| Q2 24 | 15.4% | 122.2% | ||
| Q1 24 | 4.0% | 1.2% |
现金转化率ALRSFHN
| Q4 25 | — | 1.52× | ||
| Q3 25 | 1.94× | -0.76× | ||
| Q2 25 | 0.53× | 0.34× | ||
| Q1 25 | 0.58× | 1.60× | ||
| Q4 24 | — | 1.15× | ||
| Q3 24 | 3.88× | 1.78× | ||
| Q2 24 | -2.01× | -0.75× | ||
| Q1 24 | 1.82× | 4.36× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ALRS
| Other | $17.3M | 38% |
| Retirement And Benefit Services | $17.3M | 38% |
| Wealth Management | $7.4M | 16% |
| Mortgage Banking | $3.2M | 7% |
FHN
| Commercial Consumer And Wealth Segment | $776.0M | 87% |
| Other | $88.0M | 10% |
| Corporate | $24.0M | 3% |
