Alerus Financial (ALRS) News Today

Summary of recent developments for Alerus Financial (NASDAQ: ALRS): The stock has climbed on the back of strong Q2 results and multiple analyst price-target increases, reflecting growing confidence in the company’s outlook.

• Positive Sentiment: DA Davidson raised its price target on ALRS from $20.00 to $25.00, citing the company’s robust financial momentum and unchanged neutral rating. Alerus Financial (ALRS) Target Price Raised by DA Davidson
• Positive Sentiment: Raymond James Financial reaffirmed its “Outperform” rating and boosted its ALRS target to $27.00 (from $24.00), pointing to substantial upside potential. Outperform Rating Reaffirmed by Raymond James
• Positive Sentiment: Keefe, Bruyette & Woods lifted its ALRS target from $22.00 to $25.00, maintaining a “Market Perform” rating based on the bank’s solid balance-sheet metrics. Price Target Raised by Keefe, Bruyette & Woods
• Positive Sentiment: Alerus delivered strong Q2 results, reporting EPS of $0.72 (versus $0.56 est.), revenue of $74.8 million (+46% YoY) and net income of $20.3 million, driving shares to gap up on the earnings beat. Alerus Financial Reports Q2 Net Income of $20.3 Million
• Positive Sentiment: Revenue surged 46% in Q2, highlighting strong growth across core lending and wealth-management services. Alerus Q2 Revenue Jumps 46 Percent
• Neutral Sentiment: Highlights from Alerus’s Q2 2025 earnings call detail strategic initiatives and market positioning amid competitive pressures. Q2 2025 Earnings Call Highlights
• Neutral Sentiment: Full Q2 2025 earnings call transcript available for investors seeking detailed commentary from management. Q2 2025 Earnings Call Transcript