Alerus financial corporation reports first quarter 2025 net income of $13.3 million

Minneapolis--(business wire)--alerus financial corporation (nasdaq: alrs), or the company, reported net income of $13.3 million for the first quarter of 2025, or $0.52 per diluted common share, compared to a net loss of ($0.1) million, or $0.00 per diluted common share, for the fourth quarter of 2024, and net income of $6.4 million, or $0.32 per diluted common share, for the first quarter of 2024. ceo comments president and chief executive officer katie lorenson said, “this quarter marked a str.
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