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City Holding vs Alerus Financial: CHCO and ALRS compared
City Holding is the larger company: $84.0M of revenue in its latest quarter (Q3 2026) against $81.1M for Alerus Financial (Q3 2026). Alerus Financial is growing faster (+12% against +3% a year earlier). City Holding is more profitable, with an operating margin of 51.4% against 30.8%.
Where the money goes: CHCO and ALRS
City Holding (CHCO) · Q3 2026
City Holding, Q3 2026: revenue $84.0M (+3% year over year), operating margin 51.4%, net earnings $34.6M, operating cash flow $35.8M. The chart follows the revenue to costs, profit and cash.
Alerus Financial (ALRS) · Q3 2026
Alerus Financial, Q3 2026: revenue $81.1M (+12% year over year), operating margin 30.8%, net earnings $19.2M, operating cash flow $51.3M. The chart follows the revenue to costs, profit and cash.
| City Holding (CHCO) | Alerus Financial (ALRS) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $84.0M | $81.1M |
| Revenue growth, Y/Y | +3% | +12% |
| Operating margin | 51.4% | 30.8% |
| Net earnings | $34.6M | $19.2M |
| Net margin | 41.2% | 23.7% |
| Operating cash flow | $35.8M | $51.3M |
| Free cash flow | $35.1M | — |
| Market value | $2.0B | — |
| P/E | 15.3× | — |
| Analysts’ mean target | $143.40 | — |
Where the revenue comes from
City Holding
- Net interest income: $62.6M (74%)
- Noninterest income: $21.4M (26%)
Alerus Financial
- Net interest income: $46.7M (58%)
- Noninterest income: $34.4M (42%)
Questions
Which is bigger, City Holding or Alerus Financial?
City Holding is the larger company: $84.0M of revenue in its latest quarter (Q3 2026) against $81.1M for Alerus Financial (Q3 2026).
Is City Holding or Alerus Financial growing faster?
Alerus Financial is growing faster (+12% against +3% a year earlier).
Which is more profitable, City Holding or Alerus Financial?
City Holding is more profitable, with an operating margin of 51.4% against 30.8%.
More: City Holding earnings · how City Holding makes money · Alerus Financial earnings · how Alerus Financial makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.