Alerus Financial Corporation

ALRS

US01446U1034

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-23 pm EDT			5-day change	1st Jan Change
19.25 ^USD	-0.10%		-2.43%	-14.02%

May. 23	Alerus Financial Raises Quarterly Dividend to $0.20 per Share, Payable on July 15 to Shareholders of Record on June 14	MT
May. 15	Sector Update: Financial Stocks Rise Late Afternoon	MT

Alerus Financial Corporation Announces Retirement of Jon Hendry, the Executive Vice President and Chief Technology Officer on December 31, 2024

April 29, 2024 at 04:05 pm EDT

On April 25, 2024, Jon Hendry, the Executive Vice President and Chief Technology Officer for Alerus Financial Corporation (the ?Company?), notified the Company of his intention to retire from his position on December 31, 2024.

Latest news about Alerus Financial Corporation

Alerus Financial Raises Quarterly Dividend to $0.20 per Share, Payable on July 15 to Shareholders of Record on June 14	May. 23	MT
Sector Update: Financial Stocks Rise Late Afternoon	May. 15	MT
Sector Update: Financial Stocks Higher in Afternoon Trading	May. 15	MT
Sector Update: Financial	May. 15	MT
HMN Financial Shares Jump After Agreement to be Acquired by Alerus in $116.4 Million All-Stock Deal	May. 15	MT
Transcript : Alerus Financial Corporation, HMN Financial, Inc. - M&A Call	May. 15
Alerus to Acquire HMN Financial in $116.4 Million All-Stock Deal	May. 15	MT
Alerus Financial Corporation entered into an agreement to acquire HMN Financial, Inc. for approximately $120 million	May. 14	CI
Transcript : Alerus Financial Corporation - Shareholder/Analyst Call	May. 07
Alerus Financial Corporation Announces Retirement of Jon Hendry, the Executive Vice President and Chief Technology Officer on December 31, 2024	Apr. 29	CI
Transcript : Alerus Financial Corporation, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Earnings Flash (ALRS) ALERUS FINANCIAL CORPORATION Reports Q1 Revenue $47.8M, vs. Street Est of $47.5M	Apr. 24	MT
Earnings Flash (ALRS) ALERUS FINANCIAL CORPORATION Reports Q1 EPS $0.32, vs. Street Est of $0.32	Apr. 24	MT
Alerus Financial Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
Alerus Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on April 12, 2024	Feb. 28	CI
Alerus Financial Corporation Announces Decision of Kevin Lemke of Not Standing for Reelection to the Board of Directors	Feb. 22	CI
Alerus Financial Corporation Appoints Forrest Wilson as Executive Vice President and Chief Retirement Services Officer, Effective February 26, 2024	Feb. 22	CI
Alerus Financial Corporation Announces Resignation of Michael Mathews as Member of Board of Directors	Feb. 16	CI
Transcript : Alerus Financial Corporation, Q4 2023 Earnings Call, Jan 25, 2024	Jan. 25
Tranche Update on Alerus Financial Corporation's Equity Buyback Plan announced on February 22, 2021.	Jan. 24	CI
Tranche Update on Alerus Financial Corporation's Equity Buyback Plan announced on December 14, 2023.	Jan. 24	CI
Alerus Financial Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 24	CI
Alerus Financial Completes Sale of $172.3 Million of Debt Securities	Dec. 20	MT
Alerus Financial Keeps Quarterly Dividend at $0.19 a Share, Payable Jan. 12 to Shareholders as of Dec. 27; Board Approves New 1 Million Share Buyback, Effective Feb. 18 for 3 Years	Dec. 14	MT
Alerus Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on January 12, 2024	Dec. 14	CI

Chart Alerus Financial Corporation

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Company Profile

Alerus Financial Corporation is a diversified financial services company. Through its subsidiary, Alerus Financial, National Association (the Bank), the Company provides financial solutions to businesses and consumers. The Company's segments include Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. The Banking segment offers a complete line of loan, deposit, cash management, and treasury services. The Retirement and Benefit Services segment provides various services, including recordkeeping and administration services to qualified retirement plans; ESOP trustee, recordkeeping, and administration; and investment fiduciary services to retirement plans, among others. The Wealth Management segment provides advisory and planning services, investment management, and trust and fiduciary services. The Mortgage segment offers first and second mortgage loans through a centralized mortgage unit in Minneapolis, Minnesota, as well as through the banking office locations.

Sector

Banks

Calendar

2024-07-23 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Alerus Financial Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

19.25 USD

Average target price

22.38 USD

Spread / Average Target

+16.23%

Consensus

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Quarterly earnings - Rate of surprise

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