ALRS SEC Filings - Alerus Finl Corp 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for investors and traders to access Alerus Financial (ALRS) SEC filings, including 10-K, 10-Q, 8-K forms, and insider trading reports. It highlights recent filings such as a CFO stock purchase, a material event report, and other insider trading activities. The platform also offers AI-generated summaries, impact scoring, and sentiment analysis for each filing.
Alerus Financial Corporation Announces Sale of Three Nonperforming Loans
Alerus Financial Corporation has announced the sale of three nonperforming loans totaling $33.6 million, representing a significant portion of its nonperforming assets. The sale, completed without charge-offs but with $1.6 million in nonaccrual interest recognized, demonstrates the company's strong credit culture and active portfolio management, according to CEO Katie O'Neill Lorenson. This transaction is expected to significantly reduce the company's nonperforming assets to total loans ratio.
Alerus Financial sells $33.6M nonperforming loans
Alerus Financial (Nasdaq: ALRS) announced the sale of three nonperforming construction, land and development loans totaling $33.6 million as of March 31, 2026. This sale, which represented over 62% of their nonperforming loans and assets, was completed without any charge-offs and resulted in the recognition of $1.6 million in nonaccrual interest. The transaction significantly reduces Alerus's nonperforming assets to total loans ratio from 1.34% to 0.51%.
Alerus Financial Corp announced the completion of three non-performing loan sale transactions.
Alerus Financial Corp has completed three non-performing loan sale transactions. As of March 31, the net book balance for these loans was $33.6 million. The article includes a disclaimer stating that its content reflects only the author's opinion and is not investment advice.
Alerus Financial announces sale of $33.6M nonperforming loan relationship, no charge-offs
Alerus Financial announced the sale of three nonperforming loans with a net book balance of $33.6 million, resulting in no charge-offs. This transaction removed the largest nonperforming exposure, significantly reducing the ratio of nonperforming assets to total loans. The company recorded $1.6 million of nonaccrual interest from this sale.
An undisclosed buyer acquired Three non-performing loans from Alerus Financial Corporation.
MarketScreener reported that an undisclosed buyer acquired three non-performing loans from Alerus Financial Corporation. The acquisition was completed on May 19, 2026. This transaction was also noted in a press release from Alerus Financial on the same date.
[8-K] ALERUS FINANCIAL CORP Reports Material Event
Alerus Financial Corporation (ALRS) reported the results of its 2026 Annual Meeting of Stockholders via an 8-K filing. Shareholders elected nine directors, approved the 2025 executive compensation on a non-binding advisory basis, and ratified RSM US LLP as the independent registered public accounting firm for 2026. A quorum was established with 80.81% of outstanding shares represented.
Loan losses (actual) to total loans of Alerus Financial Corporation – FWB:5QD
This article provides financial data for Alerus Financial Corporation (FWB:5QD), specifically focusing on its loan losses as a percentage of total loans. The content includes a financial overview, news, community insights, forecasts, and seasonal data related to the company's performance on the Frankfurt Stock Exchange.
Loan losses (actual) to loan loss reserve of Alerus Financial Corporation – NASDAQ:ALRS
The article presents information regarding the loan losses relative to the loan loss reserves for Alerus Financial Corporation (NASDAQ: ALRS). It includes financial data and details accessible through TradingView, focusing on market data and company specifics for investors and analysts. The content provides a snapshot of the company's financial health in relation to its reserves against potential loan defaults.
Loan losses (actual) to total loans of Alerus Financial Corporation – NASDAQ:ALRS
The article provides information on the loan losses (actual) to total loans for Alerus Financial Corporation (NASDAQ: ALRS). It references financial data from sources like ICE Data Services and FactSet, and indicates the market status as closed.
Net loan losses of Alerus Financial Corporation – FWB:5QD
This article displays the net loan losses for Alerus Financial Corporation, traded on the Frankfurt Stock Exchange under the symbol FWB:5QD. However, it does not provide the actual financial data, only indicating "Period Value Change Change %" in a table format. The page seems to be a financial overview with a placeholder for the relevant figures.
Loan losses (actual) of Alerus Financial Corporation – NASDAQ:ALRS
This article provides financial data for Alerus Financial Corporation (NASDAQ: ALRS), specifically focusing on its actual loan losses. It includes a table presenting the period, value, change, and change percentage related to these loan losses. The content is presented within the TradingView platform which offers various financial analysis tools and market data.
Net loan losses of Alerus Financial Corporation – NASDAQ:ALRS
The article focuses on the net loan losses of Alerus Financial Corporation (NASDAQ: ALRS). It provides an overview of the company's financial data available on TradingView, indicating that the market for ALRS was closed at the time of publication. The content also lists various financial tools and resources offered by TradingView alongside corporate information related to Alerus.
Alerus Financial Earnings Call Highlights Profitable Momentum
Alerus Financial Corporation's Q1 earnings call revealed robust profitability, expanding margins, and improved credit quality, with net income reaching $23.0 million and adjusted diluted EPS of $0.89. Despite isolated credit events and softer fee trends, the company demonstrated disciplined cost control and a diversified revenue mix. The outlook for 2026 targets mid-single-digit loan growth and low-single-digit deposit growth, supported by ample liquidity and a focus on sustainable returns.
ALERUS FINANCIAL CORP 1Q 2026: Revenue $75.8M, EPS $0.89— 10-Q Summary
ALERUS FINANCIAL CORP (ALRS) reported strong first-quarter 2026 results with revenue of $75.8 million and diluted EPS of $0.89. The company's performance was driven by higher yields on investment securities, improved funding costs, and growth in mortgage banking and retirement services. Net income increased significantly by 72.5% year-over-year to $22.97 million.
Bank proposes depositing a new Civic Center branch in front of its old one
Alerus Financial Corp. is planning to build a new 3,000-square-foot branch in front of its existing four-story office complex at 1016 Civic Center Drive NW in Rochester. This move is part of the bank's modernization initiative across its 26 locations, aiming for a more efficient and modern banking environment for in-person consultations and quick transactions. If the project proceeds, Alerus anticipates selling or leasing the current building, which it acquired in 2024 with Home Federal Savings Bank.
Alerus (NASDAQ: ALRS) swings to Q1 2026 profit with higher margins
Alerus Financial Corporation reported a significant rebound in profitability for Q1 2026, posting a net income of $23.0 million, or $0.89 per diluted share, compared to a net loss in Q4 2025. This improvement was driven by higher margins, a diversified fee-based revenue mix, and strengthened capital, despite a rise in net charge-offs primarily from one commercial client relationship. The company also repurchased $6.0 million of stock and saw an increase in tangible book value per share.
Alerus Financial Corp (ALRS) Q1 2026 Earnings Call Highlights: Strong Profitability Amidst ... By GuruFocus
Alerus Financial Corp (ALRS) reported strong Q1 2026 earnings with a net income of $23 million and a 22% return on average tangible common equity. The company showcased improved asset quality and a strong capital position, despite facing challenges like a slower start to loan growth, a decline in adjusted fee income, and increased competition for deposits. Management addressed these issues and outlined strategies for continued growth and profitability, including opportunistic share buybacks and focusing on higher-profit partnerships.
Alerus Financial Reports Q1 2026 Results: Full Earnings Call Transcript
Alerus Financial (NASDAQ: ALRS) reported robust financial results for the first quarter of 2026, achieving a net income of $23 million, or $0.89 per diluted share, driven by enhanced net interest income, disciplined expense control, and a diversified revenue model. The company highlighted strategic improvements in its balance sheet, emphasizing growth in Health Savings Account (HSA) balances and strong commercial and private banking relationships. Alerus Financial provided an optimistic full-year outlook for 2026, anticipating mid-single-digit loan growth and low-single-digit deposit growth, while maintaining a strong capital position and continuing share repurchases.
Alerus Financial Corporation Reports First Quarter 2026 Net Income of $23.0 Million
Alerus Financial Corporation reported strong first-quarter 2026 net income of $23.0 million, or $0.89 per diluted share, marking a significant improvement from a net loss in the previous quarter and an increase from Q1 2025. The positive results were driven by disciplined balance-sheet management, expanding net interest margins, improved credit performance, and stable fee-based income from diversified services. The company also saw an increase in total deposits and a decrease in nonperforming assets.
From a $33M loss to $23M profit: Alerus swings back in one quarter
Alerus Financial (ALRS) reported a net income of $23.0 million ($0.89 diluted EPS) for Q1 2026, marking a significant turnaround from a $33.1 million net loss in Q4 2025. The company's financial performance was bolstered by disciplined balance sheet management, expanding margins, and improved credit quality, with noninterest income accounting for over 40% of total revenue. Total deposits increased by 3.7% to $4.3 billion, and the company repurchased $6.0 million of common stock during the quarter.
Alerus Financial (ALRS) Q4 2024 earnings summary
Alerus Financial (ALRS) reported strong Q4 and full-year 2024 performance, with an adjusted return on tangible equity of 14.7% and a significant increase in net interest income due to the acquisition of Home Federal. The company expanded its assets to over $5 billion and grew its client base by nearly 50%. For 2025, Alerus Financial projects low to mid-single-digit loan growth, continued net interest margin above 3%, and an adjusted efficiency ratio below 70%.
Alerus Financial (ALRS) Proxy filing Summary
Alerus Financial (ALRS) has scheduled its annual meeting for May 14, 2026, to be held virtually, with a record date of March 16, 2026. Shareholders will vote on the election of nine directors, advisory approval of executive compensation, and ratification of RSM US LLP as the independent auditor. The company's board is majority independent and recommends voting for all proposals.
Alerus Financial (ALRS) Proxy filing Summary
Alerus Financial (ALRS) has scheduled its annual meeting for May 14, 2026, to be held virtually, where shareholders will vote on the election of nine directors, an advisory vote on executive compensation, and the ratification of RSM US LLP as the independent auditor for 2026. The board recommends voting "FOR" all director nominees and both proposals. Proxy materials, including the annual report, are available online for review.
Alerus Financial (ALRS) Proxy Filing Summary
Alerus Financial (ALRS) has scheduled its annual meeting for May 8, 2025, to be held virtually. Stockholders will vote on key proposals, including the election of nine director nominees, an advisory vote on executive compensation, and the ratification of RSM US LLP as the independent auditor. The board also seeks approval to increase authorized common stock from 30 million to 60 million shares, recommending a "FOR" vote on all proposals and a "1 YEAR" frequency for future say-on-pay votes.
Alerus Financial (ALRS) Q1 2025 earnings summary
Alerus Financial (ALRS) reported a strong Q1 2025, with net income up 107% year-over-year to $13.3 million, driven by the successful integration of the Home Federal/HMNF acquisition and improved net interest income and margin. The company saw balanced loan and deposit growth, reaching $4.1 billion and $4.5 billion respectively, and an improved adjusted efficiency ratio of 66.9%. Management expects mid-single digit loan growth and low single-digit deposit growth for 2025, maintaining strong asset quality and capital levels.
Alerus Financial (ALRS) Q3 2025 earnings summary
Alerus Financial (ALRS) reported a strong Q3 2025 with net income up 225% year-over-year to $16.9 million, or $0.65 per diluted share. The company achieved record net interest income of $43.1 million and saw growth in loans, deposits, and tangible book value per share. Strategic actions, a diversified business model with significant noninterest income, and a positive outlook for FY 2025 and 2026 were highlighted.
ALRS Price Today: Alerus Financial Corporation Stock Price, Quote & Chart | MEXC
Alerus Financial Corporation (ALRS) is currently trading at $25.94, showing a 1.86% increase from its previous close. The company operates in banking, retirement & benefit services, and wealth management, having demonstrated strong performance with a +46.06% price change over the last 12 months. This article provides key market data, historical price changes, and details on how to buy ALRS stock on MEXC, along with frequently asked questions about the company's financials and market position.
Alerus Financial Corp. Experiences Revision in Its Stock Evaluation Amid Market Performance
Alerus Financial Corp. has seen a revision in its stock evaluation, with its current price at $25.54 and a notable 50.24% return over the past year, outperforming the S&P 500. Key financial metrics include a P/E ratio of 35, a dividend yield of 2.09%, and a return on equity of 3.01%. The company's valuation metrics, including its higher P/E ratio compared to peers like The First Bancshares, Inc. and American National Bankshares, Inc., highlight its position within the major banks sector.
Net revenue after provisions of Alerus Financial Corporation – NASDAQ:ALRS
The article focuses on the net revenue after provisions for Alerus Financial Corporation (NASDAQ: ALRS). It indicates that detailed financial data for the company is available through TradingView, alongside market data from ICE Data Services and reference data from FactSet.
Net income from continuing operations of Alerus Financial Corporation – FWB:5QD
This article provides financial data for Alerus Financial Corporation (FWB:5QD) on the Frankfurt Stock Exchange. It specifically highlights the net income from continuing operations for the company, accessible through TradingView's platform. The content is primarily a data point display without further analysis.
Net income from continuing operations of Alerus Financial Corporation – NASDAQ:ALRS
The article focuses on the "Net income from continuing operations" of Alerus Financial Corporation (NASDAQ: ALRS). It appears to be a financial data point presented on a trading platform, likely TradingView, indicating that specific financial figures for ALRS are available for review. The content itself seems to be a placeholder for financial data, along with extensive navigational and footer elements from the platform.
Net revenue after provisions of Alerus Financial Corporation – FWB:5QD
This article provides financial information for Alerus Financial Corporation (FWB:5QD) on TradingView, specifically focusing on its net revenue after provisions. It highlights the stock's performance on the Frankfurt Stock Exchange and includes data and charts sourced from ICE Data Services, FactSet, and Quartr. The content is an overview of the company's financials for investors and analysts.
Alerus Financial Corp. Experiences Revision in Its Stock Evaluation Amid Premium Valuation Metrics
Alerus Financial Corp. has adjusted its stock valuation, showing a high P/E ratio of 35 and a price-to-book value of 1.06, indicating a premium relative to its banking peers. The company has achieved strong year-to-date and annual returns, significantly outperforming the S&P 500, but its five-year performance is negative, contrasting with broader market trends. Its valuation metrics are higher compared to competitors like The First Bancshares, Inc. and American National Bankshares, Inc.
Alerus Financial $ALRS Shares Purchased by Phocas Financial Corp.
Phocas Financial Corp. significantly increased its stake in Alerus Financial by over 100% in Q4, acquiring 168,987 additional shares. This move highlights institutional confidence, with other major investors also adjusting their positions. Alerus Financial, which recently beat Q4 earnings estimates and maintains a dividend, holds a consensus "Hold" rating from analysts with an average price target of $26.00.
Phocas Financial Corp. Grows Position in Alerus Financial $ALRS
Phocas Financial Corp. significantly increased its stake in Alerus Financial by over 100% in Q4, now holding 334,357 shares valued at $7.53 million. Alerus Financial exceeded Q4 earnings expectations, reporting an EPS of $0.85 and revenue of $77.07 million, leading analysts to maintain a "Moderate Buy" rating with an average target price of $26. Despite a 3.5% dividend yield, the company's high payout ratio of 127.27% raises concerns about its long-term dividend sustainability.
Alerus Financial Corporation to Announce First Quarter Financial Results on Wednesday, April 29
Alerus Financial Corporation (Nasdaq: ALRS) announced it will release its first-quarter financial results on April 29, 2026. The company will also host a conference call on April 30, 2026, at 11:00 a.m. Central Time to discuss these results, encouraging analysts and investors to register in advance. Alerus Financial Corporation is a commercial wealth bank and national retirement services provider based in North Dakota and Minnesota.
Alerus Financial Corporation to Announce First Quarter Financial Results
Alerus Financial Corporation, a commercial wealth bank and national retirement services provider, will release its first-quarter financial results on April 29, 2026. The company will also host a conference call on April 30, 2026, at 11:00 a.m. Central Time to discuss these results. This announcement is significant for investors and the financial community as it provides critical insights into the company's performance and future outlook.
Alerus Financial sets April 30 investor call after Q1 results
Alerus Financial Corporation (Nasdaq: ALRS) will release its first-quarter 2026 financial results on Wednesday, April 29, 2026. The company will host a conference call to discuss these results on Thursday, April 30, 2026, at 11:00 a.m. CT / 12:00 p.m. ET, inviting analysts and institutional investors to register in advance for participation in the Q&A session. A recording and transcript of the call will be made available on the company’s investor website following the event.
Alerus Financial Corporation to Announce First Quarter Financial Results on Wednesday, April 29
Alerus Financial Corporation (Nasdaq: ALRS) announced it will release its first-quarter financial results on Wednesday, April 29, 2026. The company will also host a conference call on Thursday, April 30, 2026, at 11:00 a.m. Central Time for analysts and investors to discuss the results. Alerus Financial Corporation is a commercial wealth bank and national retirement services provider with offices in several states.
[ARS] ALERUS FINANCIAL CORP SEC Filing
This article reports an SEC filing by ALERUS FINANCIAL CORP (ALRS). The filing is an ARS form, submitted on April 1, 2026, at 04:19 PM. The article also provides a brief overview of ALRS stock data, recent news, and other SEC filings.
Alerus Financial Corporation to Announce First Quarter Financial Results on Wednesday, April 29
Alerus Financial Corporation announced it will release its first-quarter financial results on Wednesday, April 29, 2026. The company will also host a conference call on Thursday, April 30, 2026, at 11:00 a.m. Central Time to discuss these results, inviting analysts and institutional investors to participate.
Alerus Financial (NASDAQ: ALRS) extends $50M subordinated note maturity to 2036
Alerus Financial Corporation has extended the maturity date of its $50 million subordinated note with the Bank of North Dakota from March 30, 2031, to March 30, 2036. The modified note will bear a fixed annual interest rate of 6.75% until March 30, 2031, after which it will reset. This modification provides Alerus Financial with flexibility for redemption and aligns with its regulatory capital objectives.
Alerus Financial Corp. Experiences Revision in Its Stock Evaluation Amid Strong Performance Metrics
Alerus Financial Corp. has seen its stock valuation adjusted, now priced at $24.19, reflecting a 28.40% return over the past year, significantly outperforming the S&P 500. The company, a microcap in the major banks sector, shows key metrics like a P/E ratio of 35 and a 2.09% dividend yield. Despite higher valuations compared to peers like The First Bancshares, Inc. and First Financial Corp., Alerus Financial Corp. maintains a distinct market position.
Vanguard disaggregates holdings and reports 0 Alerus shares (NYSE: ALRS)
The Vanguard Group filed an amended Schedule 13G for Alerus Financial Corp. (NYSE: ALRS), reporting 0 shares, representing 0% beneficial ownership, after an internal realignment on January 12, 2026. This change reflects a reporting disaggregation where certain Vanguard subsidiaries will now report their holdings separately, not a market trade or sale of shares. The filing, signed by Ashley Grim, Head of Global Fund Administration, on March 26, 2026, explains the adjustment is in reliance on SEC Release No. 34-39538.
Alerus Financial Corporation Declares Cash Dividend on Common Shares
Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.21 per common share on February 25, 2026. This represents a 5.00% increase over the dividend paid a year ago. The dividend is payable on April 10, 2026, to stockholders of record as of close of business on March 27, 2026.
Alerus Financial Corp. Experiences Revision in Stock Evaluation Amid Mixed Performance Indicators
Alerus Financial Corp. has seen its stock evaluation revised due to changing market conditions, with its stock priced at $23.42 and an annual return of 26.80%, outperforming the S&P 500. While facing short-term declines, the company shows resilience with a positive year-to-date performance and strong longer-term metrics, despite mixed technical indicators including mildly bearish MACD weekly and bullish monthly trends.
ALERUS (ALRS) CEO corrects Form 4, 1,903 shares withheld for taxes
ALERUS (ALRS) CEO Katie A. Lorenson filed an amended Form 4 to correct an insider transaction. The amendment clarifies that 1,903 shares of common stock were withheld at $25.45 per share for tax liabilities upon the vesting of restricted stock units on February 23, 2026, not 2,025 shares as originally reported. Following this tax-withholding disposition, Lorenson directly owns 52,034 common shares, including restricted stock and shares held jointly with her spouse.
Alerus Financial (ALRS) EVP awarded 6,602 restricted stock units with 2029 vesting
Alerus Financial Corp's EVP, Forrest Wilson, was granted 6,602 restricted stock units (RSUs) on February 26, 2026, which convert to common stock. This equity award comprises both time-based and performance-based components, with time-based units vesting in 2029 and performance-based units vesting contingent on cumulative EPS and ROE goals by March 15, 2029. The payout for the performance-based units can range from 0% to 150% of the target amount.
Alerus Financial (NASDAQ: ALRS) EVP reports RSU vesting, new 9,058-unit award
Alerus Financial (NASDAQ: ALRS) EVP, CBO & CRO Jim Collins reported equity compensation changes. On February 26, 2026, 4,239 performance-based restricted stock units (RSUs) vested, and he received a new grant of 9,058 RSUs. Collins also had 1,298 common shares withheld to cover tax obligations, and he now directly holds 16,108 common shares in addition to indirect holdings.
