Alerus Financial (ALRS) Set to Release Quarterly Earnings on Wednesday

Alerus Financial (NASDAQ:ALRS) is anticipated to release its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Alerus Financial to post earnings of $0.66 per share and revenue of $76.72 million for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 12:00 PM ET.

Alerus Financial (NASDAQ:ALRS) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.03. Alerus Financial had a return on equity of 14.41% and a net margin of 6.87%. The firm had revenue of $80.00 million during the quarter, compared to analyst estimates of $76.99 million. On average, analysts expect Alerus Financial to post $3.04 EPS for the current fiscal year and $2.86 EPS for the next fiscal year.

Alerus Financial Stock Up 1.1%

Shares of ALRS stock opened at $31.50 on Wednesday. Alerus Financial has a 1 year low of $20.31 and a 1 year high of $34.40. The stock has a market cap of $785.29 million, a PE ratio of 29.72 and a beta of 0.69. The business’s fifty day moving average is $32.54 and its 200-day moving average is $30.32. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.90.

Alerus Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, September 25th were issued a $0.22 dividend. The ex-dividend date was Friday, September 25th. This represents a $0.88 annualized dividend and a dividend yield of 2.8%. Alerus Financial’s dividend payout ratio is 83.02%.

Analyst Ratings Changes

ALRS has been the subject of several research reports. Keefe, Bruyette & Woods raised their target price on Alerus Financial from $29.00 to $32.00 and gave the company a “market perform” rating in a research note on Friday, July 31st. Raymond James Financial reiterated an “outperform” rating and issued a $37.00 price target on shares of Alerus Financial in a research report on Monday, August 3rd. Zacks Research downgraded shares of Alerus Financial from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 20th. Wall Street Zen downgraded shares of Alerus Financial from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Weiss Ratings lowered shares of Alerus Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $35.75.

Insider Activity

In related news, Director Jeffrey Bolton bought 1,000 shares of Alerus Financial stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average cost of $32.45 per share, with a total value of $32,450.00. Following the completion of the acquisition, the director directly owned 15,163 shares in the company, valued at approximately $492,039.35. This trade represents a 7.06% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 4.30% of the stock is owned by company insiders.

Alerus Financial Company Profile

Alerus Financial Corporation is a bank holding company headquartered in Grand Forks, North Dakota. Through its primary subsidiary, Alerus Financial, N.A., the company provides banking, wealth management, retirement plan administration and mortgage services to individuals, families and businesses.

Its banking offerings include checking and savings accounts, consumer and commercial lending, treasury management and other deposit services. Alerus also provides investment advisory, trust and private wealth management services, as well as employee retirement plan recordkeeping, administration and advisory solutions.