Alerus Financial Corporation (ALRS)

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About Alerus Financial Corporation

Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates through four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, checking accounts, interest-bearing transaction accounts, money market accounts, time and savings deposits, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota. Address: 401 Demers Avenue, Grand Forks, ND, United States, 58201

Alerus Financial Corporation News and around…

Latest news about Alerus Financial Corporation (ALRS) common stock and company :

Alerus Financial Corporation to Announce Third Quarter 2021 Financial Results on Wednesday, October 27
01 Oct, 2021 FinancialContent

Alerus Financial Corporation (NASDAQ: ALRS) announced that it will issue its third quarter 2021 financial results on Wednesday, October 27, 2021.

Alerus Financial Corporation Announces CEO Transition
20 Sep, 2021 FinancialContent

Alerus Financial Corporation (Nasdaq: ALRS) (the “Company”) announced today that its Board of Directors appointed Katie A. Lorenson, the Company’s current Executive Vice President and Chief Financial Officer, as the Company’s next President and Chief Executive Officer, effective January 1, 2022. Ms. Lorenson will also join the Company’s Board of Directors upon assuming her new role. Randy L. Newman will transition to the role of Executive Chairman of the Board to ensure a seamless leadership transfer.

Alerus Financial Corporation (NASDAQ:ALRS) Looks Interesting, And It's About To Pay A Dividend
12 Sep, 2021 Yahoo! Finance

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Alerus...

A Look Into Financial Services Sector Value Stocks
12 Aug, 2021 FinancialContent

What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's ...

Alerus Performance Earns Spot Among Top 10 Banks in U.S.
03 Aug, 2021 FinancialContent

Alerus is pleased to announce Bank Director magazine has named it the #9 overall performing bank out of the 300 largest publicly traded U.S. banks.

Alerus Financial Corp. (ALRS) Q2 2021 Earnings Call Transcript
31 Jul, 2021 FinancialContent

ALRS earnings call for the period ending June 30, 2021.

Alerus Financial's (NASDAQ:ALRS) Shareholders Will Receive A Bigger Dividend Than Last Year
29 Jul, 2021 Yahoo! Finance

The board of Alerus Financial Corporation ( NASDAQ:ALRS ) has announced that it will be increasing its dividend on the...

Alerus (ALRS) Surpasses Q2 Earnings and Revenue Estimates
28 Jul, 2021 Yahoo! Finance

Alerus (ALRS) delivered earnings and revenue surprises of 17.86% and 4.78%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Alerus Financial Corporation Reports Second Quarter 2021 Net Income of $11.7 Million
28 Jul, 2021 FinancialContent

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.

Alerus Financial Corporation Declares Cash Dividend on Common Shares
26 Jul, 2021 FinancialContent

Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.16 per common share, a 6.7 percent increase over the dividend paid a year ago. The dividend is payable on October 8, 2021, to shareholders of record as of close of business on September 17, 2021. 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.

Earnings Preview: Alerus (ALRS) Q2 Earnings Expected to Decline
21 Jul, 2021 Yahoo! Finance

Alerus (ALRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Alerus Financial Corporation to Announce Second Quarter 2021 Financial Results on Wednesday, July 28
01 Jul, 2021 FinancialContent

Alerus Financial Corporation (NASDAQ: ALRS) announced that it will issue its second quarter 2021 financial results after market close on Wednesday, July 28, 2021.

Alerus (ALRS) Moves 5.4% Higher: Will This Strength Last?
21 Jun, 2021 Yahoo! Finance

Alerus (ALRS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Alerus Financial Corporation (NASDAQ:ALRS) Passed Our Checks, And It's About To Pay A US$0.16 Dividend
12 Jun, 2021 Yahoo! Finance

Readers hoping to buy Alerus Financial Corporation ( NASDAQ:ALRS ) for its dividend will need to make their move...

Alerus Financial's (NASDAQ:ALRS) Upcoming Dividend Will Be Larger Than Last Year's
04 Jun, 2021 Yahoo! Finance

Alerus Financial Corporation ( NASDAQ:ALRS ) has announced that it will be increasing its dividend on the 9th of July...

TowneBank (TOWN) Announces 11% Dividend Hike: Is it Worth a Look?
03 Jun, 2021 Yahoo! Finance

In a bid to increase shareholder value, TowneBank (TOWN) raises quarterly cash dividend.

Saratoga Investment (SAR) Stock Up 3.2% on Dividend Hike
02 Jun, 2021 Yahoo! Finance

Saratoga Investment (SAR) hikes dividend by 2.3% to 44 cents, which drives shares higher.

Synchrony Financial (SYF) Ups Buyback to Add Shareholder Value
26 May, 2021 Yahoo! Finance

Synchrony Financial's (SYF) board approves an elevated share buyback program and continues to pay out dividend in an effort to support its prudent capital deployment.

Alerus Expands SBA Lending Strength with Addition of 5 Specialists
25 May, 2021 FinancialContent

Alerus Financial Corporation (NASDAQ: ALRS) is pleased to announce it is strengthening its U.S. Small Business Administration lending capabilities with the addition of an expert SBA team. Led by industry veteran John Kimball, who most recently served as SBA lending manager at MidWestOne Bank, the five-person team collectively has more than 100 years of business banking and small business lending experience at community and regional banks.

Alerus (ALRS) Surges 6.6%: Is This an Indication of Further Gains?
13 May, 2021 Yahoo! Finance

Alerus (ALRS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Alerus Financial (ALRS) Hikes Dividend: Is It Worth Buying?
12 May, 2021 Yahoo! Finance

Alerus Financial (ALRS) announces a dividend hike of 6.7% to 16 cents per share. Should one invest in the stock to earn this dividend income?

Overview Of Value Stocks In The Financial Services Sector
06 May, 2021 FinancialContent

The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that ...

Alerus Financial Corp. (ALRS) Q1 2021 Earnings Call Transcript
30 Apr, 2021 FinancialContent

ALRS earnings call for the period ending March 31, 2021.

Alerus Financial Corporation Reports First Quarter 2021 Net Income of $15.2 Million
28 Apr, 2021 FinancialContent

Alerus Financial Corporation (Nasdaq: ALRS) reported net income of $15.2 million for the first quarter of 2021, or $0.86 per diluted common share, compared to net income of $10.2 million, or $0.57 per diluted common share, for the fourth quarter of 2020, and net income of $5.4 million, or $0.30 per diluted common share, for the first quarter of 2020.

Raymond James Ranks Alerus Among Top 10% of Community Banks
19 Apr, 2021 FinancialContent

Alerus Financial Corporation (NASDAQ: ALRS) is pleased to announce it has received the Raymond James Community Bankers Cup award for 2020. Now in its ninth year, this prestigious award recognizes the top 10% of 241 publicly traded community banks in the U.S. with assets between $500 million and $10 billion.

Alerus Financial Corporation to Announce First Quarter 2021 Financial Results on Wednesday, April 28
01 Apr, 2021 FinancialContent

Alerus Financial Corporation (NASDAQ: ALRS) announced that it will issue its first quarter 2021 financial results on Wednesday, April 28, 2021.

Alerus Financial Corporation Announces Private Placement of a $50 Million Subordinated Note Due 2031
30 Mar, 2021 FinancialContent

Alerus Financial Corporation (NASDAQ: ALRS) announced that it has completed the private placement of a $50 million Subordinated Note due 2031 (the “Note”) with The Bank of North Dakota (“BND”). The Note will bear interest at a fixed rate of 3.50% until March 30, 2026, and thereafter will bear interest until maturity at the 5-year FHLB advance rate, plus 2.00%, with a minimum annual fixed rate of not less than 3.50%.

Alerus Financial Corporation Declares Dividend and Announces Stock Repurchase Program
22 Feb, 2021 FinancialContent

Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on April 9, 2021, to shareholders of record as of close of business on March 19, 2021.

Alerus Financial Corp. (ALRS) Q4 2020 Earnings Call Transcript
29 Jan, 2021 FinancialContent

ALRS earnings call for the period ending December 31, 2020.

Alerus Financial Corporation Reports Fourth Quarter 2020 Net Income of $10.2 Million
27 Jan, 2021 FinancialContent

Alerus Financial Corporation (Nasdaq: ALRS) reported net income of $10.2 million for the fourth quarter of 2020, or $0.57 per diluted common share, compared to net income of $17.7 million, or $0.99 per diluted common share, for the third quarter of 2020, and net income of $7.7 million, or $0.43 per diluted common share, for the fourth quarter of 2019.

Alerus Financial Corporation (ALRS) is a NASDAQ Common Stock listed in , ,

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