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 September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-39036 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------|--- ...

Alerus (ALRS) reported $50.91 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.3%. EPS of $0.26 for the same period compares to $0.45 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $52.3 million, representing a surprise of -2.67%. The company delivered an EPS surprise of -40.91%, with the consensus EPS estimate being $0.44.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Alerus (ALRS) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -40.91%. A quarter ago, it was expected that this company would post earnings of $0.37 per share when it actually produced earnings of $0.31, delivering a surprise of -16.22%. Over the last four quarters, the company has su ...

Exhibit 99.1 FOR RELEASE (10.29.2024) Alan A. Villalon, Chief Financial Officer 952.417.3733 (Office) ALERUS FINANCIAL CORPORATION REPORTS THIRD QUARTER 2024 NET INCOME OF $5.2 MILLION MINNEAPOLIS, MN (October 29, 2024) – Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $5.2 million for the third quarter of 2024, or $0.26 per diluted common share, compared to net income of $6.2 million, or $0.31 per diluted common share, for the second quarter of 2024, and net income of $9 ...

Alerus Financial (ALRS) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ALRS's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages bei ...

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 June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-39036 | --- | --- | --- | |------------------------------------------------------------------|------------------------------------------------------------------ ...

Investors in Alerus Financial Corporation (ALRS) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $20 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It co ...

Alerus Financial Corporation (NASDAQ:ALRS) Q2 2024 Earnings Conference Call July 25, 2024 12:00 PM ET Company Participants Katie Lorenson – President and Chief Executive Officer Al Villalon – Chief Financial Officer Karin Taylor – Chief Risk and Operating Officer Jim Collins – Chief Banking and Revenue Officer Forrest Wilson – Chief Retirement Services Officer, Conference Call Participants Brendan Nosal – Hovde Group David Feaster – Raymond James Nathan Race – Piper Sandler Matt Renck – KBW Operator Good af ...

ALERUS INVESTOR PRESENTATION 2Q 2024 NASDAQ: ALRS DISCLAIMERS Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of Alerus Financial Corporation. These statements are often, but not ...

Alerus (ALRS) reported $51.37 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 7%. EPS of $0.31 for the same period compares to $0.45 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $49.2 million, representing a surprise of +4.42%. The company delivered an EPS surprise of -16.22%, with the consensus EPS estimate being $0.37.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...