Alerus Financial Corporation (ALRS) Tops Q2 EPS by 10c

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Go back to Alerus Financial Corporation (ALRS) Tops Q2 EPS by 10c

Alerus Financial Corporation Reports Second Quarter 2023 Net Income of $9.1 Million

July 26, 2023 5:06 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $9.1 million for the second quarter of 2023, or $0.45 per diluted common share, compared to net income of $8.2 million, or $0.40 per diluted common share, for the first quarter of 2023, and net income of $9.3 million, or $0.52 per diluted common share, for the second quarter of 2022.

CEO Comments

President and Chief Executive Officer Katie Lorenson said, During the second quarter, we continued to evolve Alerus into a high performing commercial wealth bank and a national retirement and benefits provider through strategic talent... More