Every material Form 8-K ALERUS FINANCIAL CORP has filed with the SEC since July 29, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Alerus Financial reported third-quarter 2026 net income of $19.2 million, or $0.76 per diluted share, up from $16.9 million, or $0.65 per diluted share, a year earlier but down from $20.9 million, or $0.81, in the second quarter. Net interest income and noninterest income both grew from a year ago, and the company repurchased $8.2 million of its stock during the quarter.
Q3 2026 net income was $19.2 million, or $0.76 per diluted share, versus $0.65 in Q3 2025 and $0.81 in Q2 2026.
Net interest income rose 8.3% year over year to $46.7 million, and noninterest income rose 16.7% year over year to $34.4 million.
Tangible book value per common share was $18.74 as of September 30, 2026, up 10.9% from a year earlier.
The company repurchased $8.2 million of common stock at an average price of $32.75 and returned $37.2 million to shareholders in the first nine months of 2026.
Alerus Financial declared a quarterly cash dividend of $0.22 per share, a 4.76% increase over the dividend paid a year earlier, payable October 9, 2026 to holders of record on September 25, 2026. The board also approved a new stock repurchase program for up to 1,250,000 shares, which takes effect once the prior program's remaining authorization is used up or the prior program ends, and runs through August 26, 2029. The company is not obligated to buy any shares under the new program.
Quarterly dividend of $0.22 per share, payable October 9, 2026 to holders of record September 25, 2026
Dividend is 4.76% above the amount paid a year ago
New repurchase program authorizes up to 1,250,000 shares and expires August 26, 2029
About 320,033 shares remained under the prior program as of August 26, 2026; the prior program is scheduled to expire February 18, 2027
Alerus Financial reported second-quarter 2026 net income of $20.9 million, or $0.81 per diluted share, down from $23.0 million, or $0.89 per share, in the first quarter but up from $20.3 million, or $0.78 per share, a year earlier. Net interest income and noninterest income both rose from the first quarter, and nonperforming assets fell sharply, while the company also repurchased stock and raised its quarterly dividend.
Net income was $20.9 million, or $0.81 per diluted share, versus $0.89 in Q1 2026 and $0.78 in Q2 2025.
Net interest income rose 6.2% from Q1 to $47.7 million, and noninterest income rose 6.8% to $32.9 million.
Nonperforming assets fell to $17.1 million at June 30, 2026, from $54.0 million at March 31, 2026.
The company repurchased $6.8 million of common stock at an average price of $27.10 and raised its quarterly dividend to $0.22 per share.
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every ALERUS FINANCIAL CORP filing is on SEC EDGAR ↗. 8-K briefs of other companies →