

Alerus Financial Corporation ( ALRS ) Q3 2026 Earnings Call October 29, 2026 12:00 PM EDT Company Participants Katie Lorenson - President, CEO & Member of Board of Directors Alan Villalon - Executive VP & CFO James Collins - Executive VP and Chief Banking & Revenue Officer Forrest Wilson - Executive VP & Chief Retirement Services Officer Karin Taylor - Executive VP & COO Conference Call Participants Jeff Rulis - D.A. Davidson & Co., Research Division Brendan Nosal - Hovde Group, LLC, Research Division Nathan Race - Piper Sandler & Co., Research Division Damon Del Monte - Keefe, Bruyette, & Woods, Inc., Research Division Kenneth Kohut - Raymond James & Associates, Inc., Research Division Presentation Operator Good morning, and welcome to the Alerus Financial Corporation Earnings Conference Call.

Alerus Financial NASDAQ: ALRS reported record quarterly revenue and higher year-over-year earnings, supported by commercial lending growth, relationship deposits and expansion in its wealth and retirement businesses.

Alerus (ALRS) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.66 per share a year ago.

Although the revenue and EPS for Alerus (ALRS) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

MINNEAPOLIS, Oct. 28, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $19.2 million for the third quarter of 2026, or $0.76 per diluted common share, compared to net income of $20.9 million, or $0.81 per diluted common share, for the second quarter of 2026, and net income of $16.9 million, or $0.65 per diluted common share, for the third quarter of 2025.

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

MINNEAPOLIS, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its third quarter financial results on Wednesday, October 28, 2026. Alerus Financial Corporation will also host a conference call at 11:00 a.m.

Investors need to pay close attention to ALRS stock based on the movements in the options market lately.