Alerus Financial Expects Mid-Single-Digit Loan Growth in 2026

• Alerus Financial expects mid-single-digit loan growth for full-year 2026, with deposit growth in the low single digits.
• Net interest margin guidance remains 3.75%-3.85%, versus 3.86% year to date, with contraction expected as purchase accounting accretion declines.
• Adjusted revenue and adjusted noninterest income are forecast to grow in the mid-single digits, driven by wealth and retirement businesses.
• Adjusted noninterest expense is expected to rise low to mid-single digits, with adjusted return on assets above 1.25%.
• Purchase accounting accretion is projected to decline to approximately $9 million in 2027 from approximately $13 million in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alerus Financial Corporation published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.