Alerus Financial Corporation Reports First Quarter 2020 Net Income of $5.4 Million

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Alerus Financial Corporation (ALRS) Misses Q1 EPS by 2c

April 28, 2020 4:10 PM EDT

Alerus Financial Corporation (NASDAQ: ALRS) reported Q1 EPS of $0.30, $0.02 worse than the analyst estimate of $0.32.

Chairman, President, and Chief Executive Officer Randy Newman said, The first quarter of 2020 ended much differently than it began. Like many of our clients, we too are navigating unprecedented times responding to COVID-19. As our nation and communities come together, so does our Alerus team, with a sharp focus on continuing to serve clients. For years, weve served with a shared philosophy and purpose to work in our clients best interests. Now more than ever, our... More