Alerus financial corporation reports third quarter 2024 net income of $5.2 million

Minneapolis--(business wire)--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 $9.2 million, or $0.45 per diluted common share, for the third quarter of 2023. ceo comments president and chief executive officer katie lorenson said, “earlier this month we closed.
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