ALERUS FINANCIAL CORP (ALRS) Form 8-K — Jul 29, 2026

$ALRSForm 8-KItems 2.02, 7.01Filed Jul 29, 2026, 4:31 PM ET0001437749-26-024891Original filing

Alerus Financial Corporation reported second quarter 2026 net income of $20.9 million, or $0.81 per diluted share, an increase from $20.3 million, or $0.78 per diluted share, in the second quarter of 2025. The company achieved a net interest margin of 3.97%, a 46 basis point increase year-over-year, while significantly improving credit quality with nonperforming assets decreasing 75.3% to $17.1 million.

Key figures

Eps: $0.81
Net Income: $20.9 million
Net Interest Margin: 3.97%
Total Assets: $5.3 billion
Efficiency Ratio: 62.53%
Dividend Per Share: $0.22
Nonperforming Assets: $17.1 million
Share Repurchase Amount: $6.8 million
Assets Under Administration: $50.4 billion
Tangible Book Value Per Share: $18.73

Price after filing

1 day: +1.2%7 days: +3.1%30 days: +1.5%

Close on the filing date to close N calendar days later (from $32.74). Historical, not a forecast.

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