Alerus(ALRS) - 2024 Q3 - Quarterly Results
Alerus(ALRS)2024-10-29 20:31Exhibit 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 ...