Alerus Financial Corporation reported net income of $17.4 million for FY 2025, a slight decrease from $17.8 million in FY 2024.
52W $16.11 – $26.04
Alerus Financial Corporation reported net income of $17.4 million for FY 2025, a slight decrease from $17.8 million in FY 2024.
Revenue breakdown: Retirement And Benefit Services (63.9%), Wealth Management (24.9%), Mortgage Banking (5%).
Alerus Financial Corporation reported net income of $17.4 million for FY 2025, a slight decrease from $17.8 million in FY 2024. Total revenue, comprising net interest income of $172.5 million and total noninterest income of $51.9 million, was $224.4 million. The company faced a significant net loss of $68.4 million on investment securities, which heavily impacted noninterest income. Net interest...
Revenue by Segment