GRAND FORKS, N.D. & ROCHESTER, Minn., May 15, 2024 (GLOBE NEWSWIRE) -- Alerus Financial Corporation ("Alerus") (NASDAQ:ALRS) and HMN Financial, Inc. ("HMNF") (NASDAQ:HMNF) jointly announced today the signing of a definitive Agreement and Plan of Merger (the "Merger Agreement") pursuant to which Alerus will acquire, in an all-stock merger, HMNF, a savings and loan holding company headquartered in Rochester, Minnesota, and the parent company of Home Federal Savings Bank ("Home Federal"). Under the terms of th ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-39036 ALERUS FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 45-0375407 (State or other jurisdiction of incorporation or ...

Alerus Financial Corporation (NASDAQ:ALRS) Q1 2024 Results Conference Call April 25, 2024 12:00 PM ET Company Participants Katie Lorenson - President and CEO Al Villalon - Chief Financial Officer Karin Taylor - Chief Risk Management Officer Jim Collins - Chief Banking and Revenue Officer Conference Call Participants Brendan Nosal - Hovde Group Jeff Rulis - D.A Davidson David Feaster - Raymond James Nathan Race - Piper Sandler Damon DelMonte - KBW Operator Good afternoon, and welcome to the Alerus Financial ...

公司概况 - Alerus是一家商业财富银行和全国退休计划提供商[8] - Alerus在其历史上进行了25次收购，包括15次银行、10次退休福利服务[10] - Alerus的ROE（2019-2023年5年历史）为12.5%[10] - Alerus的ROA（2019-2023年5年历史）为1.31%[10] 财务表现 - 公司在2024年第一季度实现每股收益为0.33美元[15] - 净利息收入在2024年第一季度达到2.22亿美元，较上一季度增长3.1%[16] - 资产负债表显示，贷款余额为28亿美元，存款余额为33亿美元，贷款存款比率为85%[15] - 资本强度方面，核心一级资本充足率为11.9%[15] - 公司调整后的资产回报率为13.16%，调整后的股东权益回报率为10.07%[17] 财务状况 - 公司2024年第一季度，财务状况良好，净利息收入增长3.1%，非利息收入增长26.9%[53] - 存款较2023年底增长6.1%，贷款较2023年底增长1.4%[53] - 资产质量良好，净坏账贷款占贷款的比例为1.31%[53] - CET1资本占比11.9%，调整后的有形公共股权占比7.88%[53] 其他信息 - 公司通过银行资金融通计划（BTFP）借入3.55亿美元，为2024年第一季度带来了30万美元的净利息收入[21] - 贷款组合中，商业和工业贷款以及商业房地产贷款增长明显，总贷款余额从2023年第四季度增长了1.4%[23] - 存款组合中，非利息存款减少4.9%，利息存款增长11.7%，总存款余额从2023年第四季度增长了6.1%[27]

财务表现 - Alerus (ALRS)在2024年3月结束的季度报告中，营收为4,7540万美元，同比下降2.8%[1] - 每股收益为0.32美元，与去年同期的0.40美元相比有所下降[1] - Alerus的报告营收超出了Zacks Consensus Estimate的0.30%[1] 资产负债表 - 公司的净核销/贷款平均值为0%，低于两位分析师平均估计的0.1%[4] - 效率比率为78.9%，低于两位分析师平均估计的79.6%[4] - 税当量净利息收入为2.4%，低于两位分析师平均估计的2.5%[4] 利息收入 - 总利息收入资产平均余额为39.2亿美元，高于两位分析师平均估计的37.4亿美元[5] - 税当量净利息收入为22.12万美元，低于两位分析师平均估计的22.63万美元[6] - 总非利息收入为25.32万美元，高于两位分析师平均估计的24.95万美元[6] - 净利息收入为22.22万美元，低于两位分析师平均估计的22.42万美元[6] 股票表现 - Alerus股票在过去一个月中的回报率为-0.7%，低于Zacks S&P 500综合指数的-3%变化[7] - 股票目前具有Zacks Rank 3（持有），表明在短期内可能与更广泛的市场表现一致[8]

Alerus (ALRS) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 3.23%. A quarter ago, it was expected that this company would post earnings of $0.29 per share when it actually produced earnings of $0.24, delivering a surprise of -17.24%. Over the last four quarters, the company has su ...

Exhibit 99.1 Alan A. Villalon, Chief Financial Officer 952.417.3733 (Office) FOR RELEASE (04.24.2024) ALERUS FINANCIAL CORPORATION REPORTS FIRST QUARTER 2024 NET INCOME OF $6.4 MILLION MINNEAPOLIS, MN (April 24, 2024) – Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $6.4 million for the first quarter of 2024, or $0.32 per diluted common share, compared to a net loss of $14.8 million, or ($0.73) per diluted common share, for the fourth quarter of 2023, and net income of $ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39036 ALERUS FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 45-0375407 (State or other jurisdiction of incorp ...

MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.19 per common share on February 27, 2024, a 5.56% increase over the dividend paid a year ago. The dividend is payable on April 12, 2024, to stockholders of record as of close of business on March 15, 2024. Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are a ...

人事变动 - Forrest Wilson将于2024年2月26日加入Alerus担任执行副总裁兼首席退休服务官[1] - Wilson在退休行业拥有超过25年的经验，曾在Ameritas Mutual Holding Company担任高级副总裁，负责退休计划销售和分销[2] - Wilson拥有中央康涅狄格州立大学市场营销学士学位和纽约大学斯特恩商学院金融和市场营销MBA学位[4]