The company reported a 1.6% return on assets and a return on average tangible common equity of 19.33%. Wealth revenue increased 6.5%, supported by higher asset-based fees associated with equity-market performance and higher transaction-based fees. Alerus expects earning-asset growth to match loan growth in the back half of the year. Outlook and shareholder returnsAlerus updated its 2026 guidance to call for mid-single-digit loan growth, low-single-digit deposit growth, mid-single-digit revenue growth and low- to mid-single-digit growth in non-interest expense. About Alerus Financial (NASDAQ:ALRS)Alerus Financial Corporation (NASDAQ: ALRS) is a diversified financial services company headquartered in Grand Forks, North Dakota.