Alerus Financial Corporation Common Stock (ALRS)
Alerus Financial Corporation (ALRS) is a financial services company that offers banking, wealth management, and retirement planning solutions. Founded in 2003 and headquartered in Grand Forks, North Dakota, it primarily serves individuals, businesses, and institutions with a focus on personalized service and community-oriented banking. Alerus operates as a bank holding company, providing a variety of financial products including checking and savings accounts, loans, and investment services.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 10, 2025 | $0.21 | 2025-09-26 | 2025-09-26 |
| July 11, 2025 | $0.21 | 2025-06-27 | 2025-06-27 |
| April 11, 2025 | $0.20 | 2025-03-14 | 2025-03-14 |
| January 17, 2025 | $0.20 | 2024-12-27 | 2024-12-27 |
| October 11, 2024 | $0.20 | 2024-09-13 | 2024-09-13 |
Dividends Summary
- Alerus Financial Corporation Common Stock has issued 74 dividend payments over the past 21 years
- The most recent dividend was paid 12 days ago, on October 10, 2025
- The highest dividend payed out to investors during this period was $0.28 per share
- The average dividend paid during this period was $0.17 per share.
Company News
Alerus Financial reported strong Q2 2025 financial performance, with adjusted earnings per share of $0.72, revenue of $74.8 million, and a 227.4% increase in net income compared to the previous year. The company demonstrated growth across banking, retirement, and wealth management segments.
Alerus Financial (ALRS) announces an all-stock deal to acquire HMN Financial for $116.4 million. The transaction will be accretive to its earnings next year.
Investors will see annual dividend increases from 12 more companies, including Union Pacific and Northrop Grumman. Click here for a detailed analysis.
