Alerus Financial Increases Quarterly Dividend by 5%

Alerus Financial ( (ALRS) ) has issued an announcement.

On May 22, 2025, Alerus Financial Corporation announced a 5% increase in its quarterly cash dividend to $0.21 per common share, payable on July 11, 2025, to stockholders of record as of June 27, 2025. This decision reflects the company’s commitment to providing value to its shareholders and may enhance its attractiveness in the financial market.

The most recent analyst rating on (ALRS) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on Alerus Financial stock, see the ALRS Stock Forecast page.

Spark’s Take on ALRS Stock

According to Spark, TipRanks’ AI Analyst, ALRS is a Outperform.

Alerus Financial’s overall stock score is bolstered by strong technical indicators and positive corporate events related to net income growth and strategic integration post-merger. Financial performance is sound, with solid revenue growth but challenges in cash flow generation. Valuation metrics are reasonable with a favorable dividend yield, while the earnings call presents a cautiously optimistic outlook.

To see Spark’s full report on ALRS stock, click here.

More about Alerus Financial

Alerus Financial Corporation is a commercial wealth bank and national retirement services provider with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area. Through its subsidiary, Alerus Financial, National Association, the company offers diversified financial solutions to business and consumer clients, including banking, wealth services, and retirement and benefit plans. Alerus operates in several locations across the United States, including North Dakota, Minnesota, Iowa, Wisconsin, and Arizona.

Average Trading Volume: 76,798

Technical Sentiment Signal: Strong Buy

Current Market Cap: $556.3M

Find detailed analytics on ALRS stock on TipRanks’ Stock Analysis page.