Alerus Financial Corporation (ALRS) vs Washington Trust Bancorp, Inc. (WASH)
A side-by-side comparison of Alerus Financial Corporation and Washington Trust Bancorp, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — ALRS vs WASH
growth of $100 · dividends reinvested · last 10yALRS vs WASH: by the numbers
- •ALRS is the larger company ($815M vs $731M market cap).
- •WASH trades at the lower trailing earnings multiple (13.32 vs 30.05 P/E), one valuation lens rather than an overall verdict.
- •WASH converts more revenue to profit (14.51% vs 8.33% net margin).
- •WASH grew revenue faster over the past five years (8.46% vs 5.76% CAGR).
- •WASH pays the higher dividend yield (5.88% vs 2.65%).
Metrics side by side
Valuation
| Metric | ALRS | WASH |
|---|---|---|
| P/E ratio | 30.05 | 13.32 |
| Forward P/E | 10.76 | 11.94 |
| P/S ratio | 2.45 | 1.92 |
| P/B ratio | 1.40 | 1.32 |
Profitability
| Metric | ALRS | WASH |
|---|---|---|
| Operating margin | 10.36% | 18.58% |
| Net margin | 8.33% | 14.51% |
| ROE | 4.75% | 10.01% |
Alerus Financial Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Washington Trust Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | ALRS | WASH |
|---|---|---|
| Dividend yield | 2.65% | 5.88% |
| Payout ratio | 79.63% | 77.78% |
Growth (annualized)
| Metric | ALRS | WASH |
|---|---|---|
| Revenue CAGR (5Y) | 5.76% | 8.46% |
| EPS CAGR (5Y) | -23.13% | -7.56% |
| Total return CAGR (5Y) | 4.67% | -0.14% |
Frequently asked
- Which has the lower trailing P/E, ALRS or WASH?
- WASH has the lower trailing P/E: ALRS trades at 30.05 and WASH at 13.32. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ALRS or WASH?
- Over the past five years, WASH grew revenue faster — ALRS at a 5.76% CAGR versus WASH at 8.46%.
- Does ALRS or WASH pay a bigger dividend?
- ALRS yields 2.65% and WASH yields 5.88% based on trailing dividends and the latest price.
- Is ALRS or WASH more profitable?
- WASH runs the higher net margin — ALRS at 8.33% versus WASH at 14.51%.
- How have ALRS and WASH total returns compared?
- Over the past 10 years, ALRS delivered 9.99% and WASH delivered 4.93% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Alerus Financial & Washington Trust Bancorp appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.