ALRS - Earnings announcements

MINNEAPOLIS, April 29, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $23.0 million for the first quarter of 2026, or $0.89 per diluted common share, compared to a net loss of $33.1 million, or $(1.27) per diluted common share, for the fourth quarter of 2025, and net income of $13.3 million, or $0.52 per diluted common share, for the first quarter of 2025.  CEO Comments President and Chief Executive Officer Katie O'Neill Lorenson said, "We are pleased with the strong start to 2026, as our first quarter results reflect continued execution of our long-term strategy and the tangible benefits of the transformation we have undertake

MINNEAPOLIS, April 02, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its first quarter financial results on Wednesday, April 29, 2026. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, April 30, 2026, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Thursday, April 30, 2026 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Register: https://register-conf.media-server.com/register/BIff30a6d15e4e4b268617d2f78268f

MINNEAPOLIS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported a net loss of $33.1 million for the fourth quarter of 2025, or $(1.27) per diluted common share, compared to net income of $16.9 million, or $0.65 per diluted common share, for the third quarter of 2025, and a net loss of $0.1 million, or $0.00 per diluted common share, for the fourth quarter of 2024.  During the fourth quarter of 2025, the Company sold $360.1 million of available-for-sale securities as part of a strategic balance sheet repositioning. The sale resulted in a one-time pre-tax net loss of $68.4 million. Proceeds from the sale were reinvested into new, higher y

MINNEAPOLIS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its fourth quarter financial results on Wednesday, January 28, 2026. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, January 29, 2026, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Thursday, January 29, 2026 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Register: https://register-conf.media-server.com/register/BI423636356c5c4efcb4a6afe

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $16.9 million for the third quarter of 2025, or $0.65 per diluted common share, compared to net income of $20.3 million, or $0.78 per diluted common share, for the second quarter of 2025, and net income of $5.2 million, or $0.26 per diluted common share, for the third quarter of 2024. CEO Comments President and Chief Executive Officer Katie Lorenson said, "Alerus delivered another strong quarter, building on the momentum established earlier this year. Our results reflect the strength and resilience of our diversified business model, coupled with disciplined execution by an exceptional team of professional

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its third quarter financial results on Thursday, October 30, 2025. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Friday, October 31, 2025, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Friday, October 31, 2025 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Register: https://register-conf.media-server.com/register/BI894d4011ffd14e0dba649c6b49432f60 A recording of the call and transcript w

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $20.3 million for the second quarter of 2025, or $0.78 per diluted common share, compared to net income of $13.3 million, or $0.52 per diluted common share, for the first quarter of 2025, and net income of $6.2 million, or $0.31 per diluted common share, for the second quarter of 2024. CEO Comments President and Chief Executive Officer Katie Lorenson said, "Alerus delivered another quarter of strong progress towards our goal of achieving sustained top tier performance. The results underscore the power of our diversified business model and disciplined execution. We reported net income of $20.3 million and

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its second quarter financial results on Monday, July 28, 2025. Alerus Financial Corporation will also host a conference call at 10:00 a.m. Central Time on Monday, July 28, 2025, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Monday, July 28, 2025 Time: 11:00 a.m. Eastern Time / 10:00 a.m. Central Time Register: https://www.netroadshow.com/events/login?show=0d517c0e&confId=85295 Telephone Access: 1-833-470-1428 Access Code: 919175 A recordi

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $13.3 million for the first quarter of 2025, or $0.52 per diluted common share, compared to a net loss of ($0.1) million, or $0.00 per diluted common share, for the fourth quarter of 2024, and net income of $6.4 million, or $0.32 per diluted common share, for the first quarter of 2024. CEO Comments President and Chief Executive Officer Katie Lorenson said, "This quarter marked a strong start to the year, reflecting our team's commitment to disciplined execution and strategic integration efforts following our merger with Home Federal. We achieved notable improvements across key financial metrics, with balanc

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its first quarter financial results on Monday, April 28, 2025. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Tuesday, April 29, 2025, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Tuesday, April 29, 2025 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Register: https://www.netroadshow.com/events/login?show=c8f384c2&confId=80283 Telephone Access: 1-833-470-1428 Access Code: 031147 A recordin

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $3.2 million for the fourth quarter of 2024, or $0.13 per diluted common share, compared to net income of $5.2 million, or $0.26 per diluted common share, for the third quarter of 2024, and net loss of $14.8 million, or ($0.73) per diluted common share, for the fourth quarter of 2023. CEO Comments President and Chief Executive Officer Katie Lorenson said, "We are pleased to end 2024 with a solid quarter on across-the-board improvements to our performance metrics. The fourth quarter of 2024 was highlighted by the closing and conversion of HMN Financial, Inc. ("HMNF"), the largest acquisition in our Company

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its third quarter financial results on Tuesday, January 28, 2025. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Wednesday, January 29, 2025, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Wednesday, January 29, 2025 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Register: https://www.netroadshow.com/events/login?show=d6cc36e9&confId=75932 Telephone Access: 1-833-470-1428 Access Code: 092

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $5.2 million for the third quarter of 2024, or $0.26 per diluted common share, compared to net income of $6.2 million, or $0.31 per diluted common share, for the second quarter of 2024, and net income of $9.2 million, or $0.45 per diluted common share, for the third quarter of 2023. CEO Comments President and Chief Executive Officer Katie Lorenson said, "Earlier this month we closed on our 26th and largest acquisition in company history. In the transaction, we acquired a strong core deposit base and strategically expanded into the vibrant Rochester and Southern Minnesota markets. Throughout the quarter and

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its third quarter financial results on Tuesday, October 29, 2024. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Wednesday, October 30, 2024, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Wednesday, October 30, 2024 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Register: https://www.netroadshow.com/events/login?show=dcf06687&confId=71912 Telephone Access: 1-833-470-1428 Access Code: 572067

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $6.2 million for the second quarter of 2024, or $0.31 per diluted common share, compared to net income of $6.4 million, or $0.32 per diluted common share, for the first quarter of 2024, and net income of $9.1 million, or $0.45 per diluted common share, for the second quarter of 2023. CEO Comments President and Chief Executive Officer Katie Lorenson said, "We continued to see improvement in our underlying core business during the second quarter of 2024. Overall revenues grew 8% sequentially from the prior quarter as both our spread based and fee based revenues grew at a similar rate. A continued rebound in

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its second quarter financial results on Wednesday, July 24, 2024. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, July 25, 2024, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date:   Thursday, July 25, 2024 Time: Register:   12:00 p.m. Eastern Time / 11:00 a.m. Central Time https://www.netroadshow.com/events/login?show=5bfed352&confId=67391 Telephone Access

Alerus Financial Corporation ("Alerus") (NASDAQ:ALRS) and HMN Financial, Inc. ("HMNF") (NASDAQ:HMNF) jointly announced today the signing of a definitive Agreement and Plan of Merger (the "Merger Agreement") pursuant to which Alerus will acquire, in an all-stock merger, HMNF, a savings and loan holding company headquartered in Rochester, Minnesota, and the parent company of Home Federal Savings Bank ("Home Federal"). Under the terms of the Merger Agreement, HMNF will merge with and into Alerus (the "Merger") and Home Federal will merge with and into Alerus' wholly-owned bank subsidiary, Alerus Financial, National Association, in a transaction valued at approximately $116.4 million. This pre

GRAND FORKS, N.D. & ROCHESTER, Minn., May 15, 2024 (GLOBE NEWSWIRE) -- Alerus Financial Corporation ("Alerus") (NASDAQ:ALRS) and HMN Financial, Inc. ("HMNF") (NASDAQ:HMNF) jointly announced today the signing of a definitive Agreement and Plan of Merger (the "Merger Agreement") pursuant to which Alerus will acquire, in an all-stock merger, HMNF, a savings and loan holding company headquartered in Rochester, Minnesota, and the parent company of Home Federal Savings Bank ("Home Federal"). Under the terms of the Merger Agreement, HMNF will merge with and into Alerus (the "Merger") and Home Federal will merge with and into Alerus' wholly-owned bank subsidiary, Alerus Financial, National Associa

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $6.4 million for the first quarter of 2024, or $0.32 per diluted common share, compared to a net loss of $14.8 million, or ($0.73) per diluted common share, for the fourth quarter of 2023, and net income of $8.2 million, or $0.40 per diluted common share, for the first quarter of 2023. CEO Comments President and Chief Executive Officer Katie Lorenson said, "Our momentum continues into 2024 as we started the year with strong production and client acquisition in our commercial wealth bank and national retirement businesses. Deposit growth and inflows were robust at over 6%, adjusted net interest margin expa

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its first quarter financial results on Wednesday, April 24, 2024. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, April 25, 2024, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, April 25, 2024 Time: Register: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time https://www.netroadshow.com/events/login?show=9e3cd96b&confId=62685 Telephone Access: Access Code: 1-833-470-1428 557480 A recording of the

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net loss of $14.8 million for the fourth quarter of 2023, or ($0.73) per diluted common share, compared to net income of $9.2 million, or $0.45 per diluted common share, for the third quarter of 2023, and net income of $10.9 million, or $0.53 per diluted common share, for the fourth quarter of 2022. During the fourth quarter of 2023, the Company sold $172.3 million of available-for-sale (AFS) securities in a balance sheet repositioning. The sale resulted in a one-time pre-tax net loss of $24.6 million. Proceeds from the sale were reinvested into loans to new and existing clients throughout the communities the Company ser

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its fourth quarter and full-year 2023 financial results on Wednesday, January 24, 2024. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, January 25, 2024, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, January 25, 2024 Time: Registration Link: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time https://www.netroadshow.com/events/login?show=e37f682b&confId=45732 Telephone Access: Access Code: 1-844-200-6205

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $9.2 million for the third quarter of 2023, or $0.45 per diluted common share, compared to net income of $9.1 million, or $0.45 per diluted common share, for the second quarter of 2023, and net income of $9.6 million, or $0.47 per diluted common share, for the third quarter of 2022. CEO Comments President and Chief Executive Officer Katie Lorenson said, "Alerus' fundamental execution of key strategic initiatives continued during the third quarter with strong deposit retention and acquisition while maintaining noninterest-bearing deposits at 25% and a loan to deposit ratio of 90% without the utilization of

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its third quarter financial results on Wednesday, October 25, 2023. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, October 26, 2023, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, October 26, 2023 Time: Webcast: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time https://www.netroadshow.com/conferencing/global-numbers?confId=45741 Telephone Access: Access Code: 1-833-470-1428 328527 A recording of

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $9.1 million for the second quarter of 2023, or $0.45 per diluted common share, compared to net income of $8.2 million, or $0.40 per diluted common share, for the first quarter of 2023, and net income of $9.3 million, or $0.52 per diluted common share, for the second quarter of 2022. CEO Comments President and Chief Executive Officer Katie Lorenson said, "During the second quarter, we continued to evolve Alerus into a high performing commercial wealth bank and a national retirement and benefits provider through strategic talent acquisitions and infrastructure optimization. The foundational strength and un

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its second quarter financial results on Wednesday, July 26, 2023. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, July 27, 2023, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, July 27, 2023 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Webcast: https://www.netroadshow.com/events/login?show=3d93bf63&confId=45731 Telephone Access: 1-833-470-1428 Access Code: 067281

Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $8.2 million for the first quarter of 2023, or $0.40 per diluted common share, compared to net income of $10.9 million, or $0.53 per diluted common share, for the fourth quarter of 2022, and net income of $10.2 million, or $0.57 per diluted common share, for the first quarter of 2022. CEO Comments President and Chief Executive Officer Katie Lorenson said, "Alerus' highly diversified business model is a unique differentiator in this challenging economic environment with fee income making up over 50.0% of total revenues, our banking franchise is anchored by a strong foundation of capital, risk management, a

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its first quarter financial results on Wednesday, April 26, 2023. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, April 27, 2023, to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, April 27, 2023 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Telephone Access: 1-844-200-6205 Access Code: 057461 A recording of the call and transcript will be available at investors.alerus.com following the call. About Alerus Financial Corpo

Alerus Financial Corporation (NASDAQ:ALRS) reported net income of $10.9 million for the fourth quarter of 2022, or $0.53 per diluted common share, compared to net income of $9.6 million, or $0.47 per diluted common share, for the third quarter of 2022, and net income of $12.7 million, or $0.72 per diluted common share, for the fourth quarter of 2021. CEO Comments President and Chief Executive Officer Katie Lorenson said, "2022 was a year of transitions and milestones for our Company. We completed our largest acquisition with Metro Phoenix Bank, which was transformational to our growth in the Arizona market. We added new leadership and had continued momentum in talent acquisitions with suc

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its fourth quarter and full-year 2022 financial results on Wednesday, January 25, 2023. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, January 26, 2023, to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, January 26, 2023 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Telephone Access: 1-844-200-6205 Access Code: 249132   A recording of the call and transcript will be available at investors.alerus.com following

Alerus Financial Corporation (NASDAQ:ALRS) reported net income of $9.6 million for the third quarter of 2022, or $0.47 per diluted common share, compared to net income of $9.3 million, or $0.52 per diluted common share, for the second quarter of 2022, and net income of $13.1 million, or $0.74 per diluted common share, for the third quarter of 2021. Excluding the acquisition of Metro Phoenix Bank, earnings per diluted common share were $0.54 for the third quarter of 2022. CEO Comments President and Chief Executive Officer Katie Lorenson said, "We ended the quarter with net income of $9.6 million; this included $1.8 million of merger expenses as we closed and converted the Metro Phoenix Ban

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its third quarter 2022 financial results on Wednesday, October 26, 2022. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, October 27, 2022, to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, October 27, 2022 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Telephone Access: 1-844-200-6205  Access Code: 769396 A recording of the call and transcript will be available at investors.alerus.com following the call. About Alerus Fin

Alerus Financial Corporation (NASDAQ:ALRS) reported net income of $9.3 million for the second quarter of 2022, or $0.52 per diluted common share, compared to net income of $10.2 million, or $0.57 per diluted common share, for the first quarter of 2022, and net income of $11.7 million, or $0.66 per diluted common share, for the second quarter of 2021. CEO Comments President and Chief Executive Officer Katie Lorenson said, "In the second quarter, we reported earnings per share of $0.53, which included a merger expense impact of $(0.05) related to the acquisition of Metro Phoenix Bank. Excluding the impact of this merger related expense, our underlying core ROE was 12.7% which is consistent

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its second quarter 2022 financial results on Wednesday, July 27, 2022. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, July 28, 2022 to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, July 28, 2022 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Telephone Access: 1-844-200-6205 Access Code: 874956 A recording of the call and transcript will be available at investors.alerus.com following the call. About Alerus Financial

Alerus Financial Corporation (NASDAQ:ALRS) reported net income of $10.2 million for the first quarter of 2022, or $0.57 per diluted common share, compared to net income of $12.7 million, or $0.72 per diluted common share, for the fourth quarter of 2021, and net income of $15.2 million, or $0.86 per diluted common share, for the first quarter of 2021. CEO Comments President and Chief Executive Officer Katie Lorenson said, "Alerus entered the new year with upward momentum and finished the quarter strong, producing net income of $10.2 million and return on average tangible common equity of 14.72%. We had strong production in our business and consumer segments, focused on serving our clients

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its first quarter 2022 financial results on Wednesday, April 27, 2022. Alerus Financial Corporation will also host a conference call at 9:00 a.m. Central Time on Thursday, April 28, 2022 to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, April 28, 2022 Time: 10:00 a.m. Eastern Time / 9:00 a.m. Central Time Telephone Access: 1-844-200-6205 Access Code: 164479 A recording of the call and transcript will be available at investors.alerus.com following the call. About Alerus Financial

Alerus Financial Corporation (NASDAQ:ALRS) reported net income of $12.7 million for the fourth quarter of 2021, or $0.72 per diluted common share, compared to net income of $13.1 million, or $0.74 per diluted common share, for the third quarter of 2021, and net income of $10.2 million, or $0.57 per diluted common share, for the fourth quarter of 2020. CEO Comments President and Chief Executive Officer Katie Lorenson said, "Alerus continues to be a purpose-driven company, focused on its business model, strategy and culture. Our talented Alerus team members executed at exceptional levels, resulting in a strong finish to the fourth quarter and another record setting year for Alerus with annu

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its fourth quarter and full-year 2021 financial results after market close on Wednesday, January 26, 2022. Alerus Financial Corporation will also host a conference call at 9:00 a.m. Central Time on Thursday, January 27, 2022 to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, January 27, 2022 Time: 10:00 a.m. Eastern Time / 9:00 a.m. Central Time Telephone Access: 1-844-200-6205 Access Code: 631504 A recording of the call and transcript will be available at investors.alerus.com fol

PHOENIX, Dec. 8, 2021 /PRNewswire/ -- MPB BHC, INC. ("MPB") (OTC:MPHX), the holding company for Metro Phoenix Bank, announced today the signing of a merger agreement with Alerus Financial Corporation ("Alerus") (NASDAQ:ALRS). The definitive agreement and plan of merger to acquire MPB, the largest full-service community bank headquartered in Phoenix, represents the twenty-fifth acquisition for Alerus since 2000 as part of its long-term plan to continually expand its four business segments—banking, retirement and benefits services, wealth management, and mortgage. Alerus has been operating in the Phoenix market since 2009.

Alerus Financial Corporation ("Alerus") (NASDAQ:ALRS) announced today the signing of a definitive agreement and plan of merger to acquire MPB BHC, Inc. ("MPHX") (OTCPK: MPHX), the bank holding company for Metro Phoenix Bank, the largest full-service community bank headquartered in Phoenix. The transaction represents the twenty-fifth acquisition for Alerus since 2000 as part of its long-term plan to continually expand its four business segments—banking, retirement and benefits services, wealth management, and mortgage. Alerus has been operating in the Phoenix market since 2009. Founded in 2007, Metro Phoenix Bank is a high-performing full-service community bank, with approximately $411 mill

Alerus Financial Corporation (NASDAQ:ALRS) reported net income of $13.1 million for the third quarter of 2021, or $0.74 per diluted common share, compared to net income of $11.7 million, or $0.66 per diluted common share, for the second quarter of 2021, and net income of $17.7 million, or $0.99 per diluted common share, for the third quarter of 2020. CEO Comments Chairman, President, and Chief Executive Officer Randy Newman said, "Our diversified business model continues to drive strong financial performance, as we ended the third quarter with a return on tangible common equity of over 18.0%. We generated $57.2 million of revenue through continued momentum in our retirement, wealth manage

Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its third quarter 2021 financial results on Wednesday, October 27, 2021. Alerus Financial Corporation will also host a conference call at 9:00 a.m. Central Time on Thursday, October 28, 2021 to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Conference Call Information Date: Thursday, October 28, 2021 Time: 10:00 a.m. Eastern Time / 9:00 a.m. Central Time Telephone Access: 1-412-317-6060 A recording of the call and transcript will be available at investors.alerus.com following the call. About Alerus Financial Corporation Alerus Finan

Alerus Financial Corporation (NASDAQ:ALRS) reported net income of $11.7 million for the second quarter of 2021, or $0.66 per diluted common share, compared to net income of $15.2 million, or $0.86 per diluted common share, for the first quarter of 2021, and net income of $11.5 million, or $0.65 per diluted common share, for the second quarter of 2020. CEO Comments Chairman, President, and Chief Executive Officer Randy Newman said, "Alerus continues to deliver top tier financial performance, driven by our long-term strategies and focus on offering valued advice to clients, resulting in extraordinary revenue diversification and growth opportunities. Alerus continues to establish itself as a