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22.05.25 - 22:36
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Alerus Financial Corporation Declares Cash Dividend on Common Shares (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.21 per common share on May 21, 2025, a 5.00% increase over the dividend paid a year ago. The dividend is payable on July 11, 2025, to stockholders of record as of close of business on June 27, 2025. Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus' investor relations website at investors.alerus.com.
About Alerus Financial Corporation
Alerus Financial Corporation (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area. Through its subsidiary, Alerus Financial, National Association, Alerus provides diversified and comprehensive financial solutions to business and consumer clients, inclu...
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28.04.25 - 22:33
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Alerus Financial Corporation Reports First Quarter 2025 Net Income of $13.3 Million (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--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 balanced growth in loans and deposits resulting in a strengthened net interest margin. Our uniquely diversified business model and top decile fee income remain significant differentiators and reinforce the stability and resilience of our revenue streams. At the same time, we remain mindful of t...
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31.03.25 - 22:36
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Alerus Financial Corporation to Announce First Quarter Financial Results on Monday, April 28 (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--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=80283Telephone Access: 1-833-470-1428
Access Code: 031147
A recording of the call and transcript will be available at investors.alerus.com following the call.
About Alerus Financial Corporation
Alerus Financial Corporation (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider with corporate offices in Grand Forks, North Dakota, an...
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27.02.25 - 00:03
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Alerus Financial Corporation Declares Cash Dividend on Common Shares (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.20 per common share on February 26, 2025, a 5.26% increase over the dividend paid a year ago. The dividend is payable on April 11, 2025, to stockholders of record as of close of business on March 14, 2025. Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus' investor relations website at investors.alerus.com.
About Alerus Financial Corporation
Alerus Financial Corporation (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area. Through its subsidiary, Alerus Financial, National Association, Alerus provides diversified and comprehensive financial solutions to business and consumer clients...
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28.01.25 - 23:03
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Alerus Financial Corporation Reports Fourth Quarter 2024 Net Income of $3.2 Million (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--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 history, and we welcome HMNF's employees to the Alerus team. The combination of HMNF and meaningful organic growth in our underlying core business, drove an increase in earnings per share by a robust 41.9% versus the prior quarter. Notably, the net interest margin expanded 97 basis poi...
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23.01.25 - 22:36
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Alerus Financial Corporation to Announce Fourth Quarter Financial Results on Tuesday, January 28 (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--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=75932Telephone Access: 1-833-470-1428
Access Code: 092113
A recording of the call and transcript will be available at investors.alerus.com following the call.
About Alerus Financial Corporation
Alerus Financial Corporation (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider with corporate offices in Grand Forks, North...
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