Alerus Financial

ALRS

Market cap $727M

GECC, ALRS and PLGO made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 29, 2026.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

ALRS, LII and ESEA raised dividends as inflation, geopolitical tensions and rate uncertainty keep investors focused on steady income.

FAF, ECPG and ALRS made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 27, 2026.

FAF, ALRS and FLXS made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 27, 2026.

MUSA, FLXS, ALRS, HCSG and DAVE have been added to the Zacks Rank #1 (Strong Buy) List on May 27, 2026.

MINNEAPOLIS, May 22, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.22 per common share on May 21, 2026, a 4.76% increase over the dividend paid a year ago. The dividend is payable on July 10, 2026, to stockholders of record as of close of business on June 26, 2026. Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus' investor relations website at investors.alerus.com.

Alerus (ALRS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

MINNEAPOLIS, May 19, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, closed on a sale of three non-performing loans representing a construction, land and development relationship with a total net book balance of $33.6 million as of March 31, 2026. The loans were on nonaccrual as of March 31, 2026, and represented the largest non-performing relationship in the portfolio. As of March 31, 2026, this relationship represented 62.3% of total nonperforming loans and 62.1% of total nonperforming assets. Nonperforming assets to total loans as of March 31, 2026 were 1.34%. Adjusting nonperforming assets and total loans to remove this relationship, as if the transaction had occurred on March 31, 2026, would reduce nonperforming assets to total loans to 0.51% as of such date. As of March 31, 2026, the loans carried specific reserves totaling $3.1 million.

SNX, HG, LSCC, ALRS and LXFR have been added to the Zacks Rank #1 (Strong Buy) List on May 15th, 2026.