Alerus Financial Corporation Reports First Quarter 2021 Net Income of $15.2 Million

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Go back to Alerus Financial Corporation Reports First Quarter 2021 Net Income of $15.2 Million

Alerus Financial Corporation (ALRS) Tops Q1 EPS by 23c

April 28, 2021 4:06 PM EDT

Alerus Financial Corporation (NASDAQ: ALRS) reported Q1 EPS of $0.86, $0.23 better than the analyst estimate of $0.63.

CEO Comments

Chairman, President, and Chief Executive Officer Randy Newman said, We are pleased to report our record performance of 2020 carried through into the first quarter of 2021. We believe Alerus continues to be well positioned for growth with our diversified business model, large and growing client base, and holistic, advisor-focused approach to serving clients. We started 2021 with several hiring initiatives and were pleased to have two high performing mortgage bankers join our Twin Cities team in the... More