Hovde Group downgraded Alerus Financial from Outperform to Market Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/7/2026 | Outperform → Market Perform | Hovde Group | |
| 1/5/2026 | $27.00 | Outperform → Strong Buy | Raymond James |
| 1/14/2025 | $22.00 | Outperform | Raymond James |
| 9/17/2024 | $24.00 | Mkt Perform → Outperform | Raymond James |
| 5/16/2024 | $21.00 → $23.00 | Market Perform → Outperform | Hovde Group |
| 4/12/2023 | $18.00 | Mkt Perform | Keefe Bruyette |
| 1/27/2023 | Mkt Perform | Raymond James | |
| 1/26/2023 | $21.00 | Outperform → Market Perform | Hovde Group |
MINNEAPOLIS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its fourth quarter financial results on Wednesday, January 28, 2026. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, January 29, 2026, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Thursday, January 29, 2026 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Register: https://register-conf.media-server.com/register/BI423636356c5c4efcb4a6afe
On December 23, 2025, Alerus Financial Corporation (NASDAQ:ALRS), or the Company, sold $360 million of available-for-sale ("AFS") securities which represented over 68% of total AFS securities. The securities sold had a weighted average yield of 1.7% and a weighted average duration of 5.1 years. The sale resulted in a one-time pre-tax net loss of $68.5 million. The Company reinvested the cash proceeds from the securities sale into new investment securities with a weighted average yield of 4.7% and a weighted average duration of just over 3 years. The Company now expects the 2026 net interest margin to be 3.50% to 3.60% versus the previous guidance of 3.35% to 3.45% provided in the Company'
Alerus Financial Corporation (NASDAQ:ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.21 per common share on December 4, 2025, a 5.00% increase over the dividend paid a year ago. The dividend is payable on January 9, 2026, to stockholders of record as of close of business on December 26, 2025. 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. About Alerus Financial Corporation Alerus Financial Corporation (NASDAQ:ALRS) is a commercial wealth bank and national retirement
Hovde Group downgraded Alerus Financial from Outperform to Market Perform
Raymond James upgraded Alerus Financial from Outperform to Strong Buy and set a new price target of $27.00
Raymond James resumed coverage of Alerus Financial with a rating of Outperform and set a new price target of $22.00
4 - ALERUS FINANCIAL CORP (0000903419) (Issuer)
4 - ALERUS FINANCIAL CORP (0000903419) (Issuer)
4 - ALERUS FINANCIAL CORP (0000903419) (Issuer)
4 - ALERUS FINANCIAL CORP (0000903419) (Issuer)
4 - ALERUS FINANCIAL CORP (0000903419) (Issuer)
4 - ALERUS FINANCIAL CORP (0000903419) (Issuer)
8-K - ALERUS FINANCIAL CORP (0000903419) (Filer)
8-K - ALERUS FINANCIAL CORP (0000903419) (Filer)
10-Q - ALERUS FINANCIAL CORP (0000903419) (Filer)
Alerus Financial Corporation (NASDAQ:ALRS) (the "Company") announced that, effective May 10, 2022, Dan Coughlin was appointed by the Board of Directors to serve as Chairman of the Board. Mr. Coughlin replaces former Alerus Chairman, President, and Chief Executive Officer, Randy Newman, who served as Executive Chairman of the Board since Jan. 1, 2022, to support the leadership transition to current President and Chief Executive Officer Katie Lorenson. Mr. Newman will remain as a director of the Company. "It has been one of the greatest honors of my life to lead and grow Alerus. This company will forever mean so much to me, and I know Katie shares this same passion," said Mr. Newman. "I am
MINNEAPOLIS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its fourth quarter financial results on Wednesday, January 28, 2026. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, January 29, 2026, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Thursday, January 29, 2026 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Register: https://register-conf.media-server.com/register/BI423636356c5c4efcb4a6afe
Alerus Financial Corporation (NASDAQ:ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.21 per common share on December 4, 2025, a 5.00% increase over the dividend paid a year ago. The dividend is payable on January 9, 2026, to stockholders of record as of close of business on December 26, 2025. 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. About Alerus Financial Corporation Alerus Financial Corporation (NASDAQ:ALRS) is a commercial wealth bank and national retirement
Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $16.9 million for the third quarter of 2025, or $0.65 per diluted common share, compared to net income of $20.3 million, or $0.78 per diluted common share, for the second quarter of 2025, and net income of $5.2 million, or $0.26 per diluted common share, for the third quarter of 2024. CEO Comments President and Chief Executive Officer Katie Lorenson said, "Alerus delivered another strong quarter, building on the momentum established earlier this year. Our results reflect the strength and resilience of our diversified business model, coupled with disciplined execution by an exceptional team of professional
SC 13G/A - ALERUS FINANCIAL CORP (0000903419) (Subject)
SC 13G/A - ALERUS FINANCIAL CORP (0000903419) (Subject)
SC 13G/A - ALERUS FINANCIAL CORP (0000903419) (Subject)