-+ 0.00%
-+ 0.00%
-+ 0.00%

Alerus posts FY26 Q1 net income of $23 million; EPS climbs to $0.89

PUBT·04/29/2026 21:10:59
Listen to the news
Alerus posts FY26 Q1 net income of $23 million; EPS climbs to $0.89
  • Alerus Financial posted first-quarter net income of $23 million, swinging from a loss in fourth-quarter 2025.
  • Diluted EPS came in at $0.89.
  • Net interest margin widened to 3.77%, up 8 basis points from fourth-quarter 2025.
  • Total deposits rose 3.7% to $4.3 billion, while nonperforming assets fell 22.1% to $54 million.
  • CEO Katie O’Neill Lorenson cited expanding margins, improving credit performance, and disciplined balance-sheet management; no financial outlook was provided.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alerus Financial Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604291630PRIMZONEFULLFEED9709624) on April 29, 2026, and is solely responsible for the information contained therein.