Alerus Financial Corp. (ALRS)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
$33.79+1.26%
Close 2026-09-04 · 1-day change
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
QuarterlyIQ Insights · ALRS
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue executing the long-term growth strategy focusing on diversified revenue streams including expanding net interest margin, growing fee-based revenue, and improving credit quality.
Stated as a priority in 2 of last 2 quarters. Net interest margin increased from 3.77% in 2026-Q1 to 3.97% in 2026-Q2, and noninterest income grew 6.8% quarter-over-quarter. CEO comments emphasize disciplined execution and diversified revenue growth, indicating management is delivering on this priority.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 60% for the rest of the cohort, n=7680).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“CEO: 'Our second quarter results demonstrate the continued strength of Alerus' diversified business model and the strategic investments...'”
“CEO: 'Our first quarter results reflect continued execution of our long-term strategy and the tangible benefits of the transformation...'”
Sustain and grow dividend payments to shareholders, continuing the company's history of increasing dividends.
Mentioned in 3 disclosures including 2 press releases and 1 quarterly report. Dividend per share increased from $0.21 in 2026-Q1 to $0.22 in 2026-Q2, reflecting a 4.76% increase year-over-year. The company continues its decades-long history of increasing dividends, delivering on this capital allocation priority.
“Increased quarterly dividend by 4.76% over the first quarter of 2026 to $0.22 per share.”
Focus on improving net income, return on assets, and return on tangible common equity through disciplined balance sheet management and credit quality improvements.
Stated in 2 of last 2 quarters. Net income was $23.0 million in 2026-Q1 and $20.9 million in 2026-Q2, with return on average tangible common equity declining from 21.85% to 19.33%. While profitability remains strong, the slight decline in net income and ROATCE indicates mixed progress on improving profitability metrics.
“Net income of $20.9 million, return on average tangible common equity of 19.33%, reflecting disciplined execution.”
“Net income of $23.0 million, return on average tangible common equity exceeding 21%, demonstrating earnings power.”
Continue efforts to reduce nonperforming assets and enhance credit quality through proactive risk management and loan portfolio adjustments.
Stated in 2 of last 2 quarters. Nonperforming assets declined sharply from $69.4 million in 2025-Q4 to $54.0 million in 2026-Q1, then further to $17.1 million in 2026-Q2, a 75.3% reduction over six months. This significant reduction reflects delivering on the priority to improve credit quality.
“Nonperforming assets were $17.1 million, a decrease of $36.9 million, or 68.3%, from 2026-Q1.”
“Nonperforming assets were $54.0 million, a decrease of $15.4 million, or 22.1%, from 2025-Q4.”
Grow cash generated from operating activities to support financial flexibility and capital deployment.
Stated in 2 quarters including 2025-Q1 and 2026-Q1. Cash from operating activities increased from $7.7 million in 2025-Q1 to $27.8 million in 2026-Q1, showing progress in generating operating cash flow. This indicates delivering on the priority to increase cash from operations.
“Cash from operating activities was $27.8 million in 2026-Q1.”
“Cash from operating activities was $7.7 million in 2025-Q1.”
Over the trailing year it converted 1.77x of net income into operating cash flow. Historically, Financials names rated robust grew net income 62% of the time over the next year (vs 56% for the rest of the cohort, n=6844).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
12 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated neutral grew net income 56% of the time over the next year (vs 58% for the rest of the cohort, n=3751).
Not investment advice. As of 2026-09-04.