Alerus posts $20.9M Q2 net income, up from 2025 prior-year levels

Alerus Financial Corp reported net income of $20.9 million for the second quarter of 2026, or $0.81 per diluted share, compared to $20.3 million in the same period a year ago, reflecting continued expansion of its net interest margin. The earnings report underscores the financial institution's strengthened performance and diversified revenue streams.