Alerus Financial Declares 5% Increase in Quarterly Cash Dividend to $0.21
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 1 hour ago0mins
- Dividend Growth: Alerus Financial announced a quarterly cash dividend increase to $0.21 per share, reflecting a 5% rise from the previous year, demonstrating the company's robust profitability and commitment to shareholder returns.
- Payment Schedule: The dividend will be payable on January 9, 2026, to shareholders of record as of December 26, 2025, ensuring timely returns for investors and bolstering investor confidence.
- Financial Transparency: Alerus provides comprehensive financial information, including quarterly financial statements and investor presentations, enhancing the company's transparency in investor relations and aiding in attracting potential investors.
- Business Diversification: As a commercial wealth bank, Alerus offers diversified financial solutions, strengthening its competitive position in the market, particularly in retirement services and wealth management.
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Analyst Views on ALRS
Wall Street analysts forecast ALRS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALRS is 24.00 USD with a low forecast of 24.00 USD and a high forecast of 24.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 22.280
Low
24.00
Averages
24.00
High
24.00
Current: 22.280
Low
24.00
Averages
24.00
High
24.00
Piper Sandler
Neutral
downgrade
$24
2025-11-04
Reason
Piper Sandler
Price Target
$24
2025-11-04
downgrade
Neutral
Reason
Piper Sandler lowered the firm's price target on Alerus Financial to $24 from $25.50 and keeps a Neutral rating on the shares. While Q3 results as well as preliminary 2026 guidance included some puts and takes, the firm continues to view Alerus as an attractive long-term holding. More specifically, Piper favors Alerus' scarcity value underpinned by greater revenue diversity across higher multiple and growing fee revenue businesses. The firm also believes Alerus possesses likely above average organic balance sheet growth prospects given some recent production hires, ongoing Twin Cities M&A-related disruption and with Alerus' best-in-class technology product suites.
Keefe Bruyette
Market Perform
downgrade
$25 -> $24
2025-11-03
Reason
Keefe Bruyette
Price Target
$25 -> $24
2025-11-03
downgrade
Market Perform
Reason
Keefe Bruyette lowered the firm's price target on Alerus Financial to $24 from $25 and keeps a Market Perform rating on the shares.
Keefe Bruyette
Damon DelMonte
Market Perform
maintain
$22 -> $25
2025-07-29
Reason
Keefe Bruyette
Damon DelMonte
Price Target
$22 -> $25
2025-07-29
maintain
Market Perform
Reason
Keefe Bruyette analyst Damon DelMonte raised the firm's price target on Alerus Financial to $25 from $22 and keeps a Market Perform rating on the shares. Earnings momentum at Alerus continues to build, the analyst tells investors in a research note.
DA Davidson
Neutral
maintain
$20 -> $25
2025-07-29
Reason
DA Davidson
Price Target
$20 -> $25
2025-07-29
maintain
Neutral
Reason
DA Davidson raised the firm's price target on Alerus Financial to $25 from $20 and keeps a Neutral rating on the shares. EPS upside in Q2 was fueled by a positive net interest margin surprise, though margin should normalize ahead, the analyst tells investors in a research note. DA Davidson says the net interest income picture has improved, while the firm is optimistic that positive credit resolution is underway.
See All Ratings
About ALRS
Alerus Financial Corporation is a diversified financial services company. Through the Company’s subsidiary, Alerus Financial, National Association (the Bank), the Company provides financial solutions to businesses and consumers through three distinct business segments: banking, retirement and benefit services, and wealth. Its commercial lending products include commercial loans, business term loans and lines of credit for small and midsize businesses. Its consumer lending products include residential first mortgage loans. It offers deposit products and services, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, and certificates of deposit. It also offers a range of treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. Its wealth division provides fiduciary services to consumer and commercial clients.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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