Alerus Financial Corporation (ALRS)
NASDAQ (CM) NASDAQ (CM) Primary 
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Alerus Financial Corporation (ALRS) Q2 2026 Earnings Call Transcript
Alerus Financial Corporation (ALRS) Q2 2026 Earnings Call Transcript
Alerus Financial Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 146 | $3,089.18 | $4,857.42 | $1,768.24 | 57.24% |
| MR Marc Ravitz Grace & White Inc /NY | 228,108 | $4.39M | $7.59M | $3.2M | 72.92% |
| CAL CSM Advisors LLC CSM Advisors LLC | 239,320 | $5.55M | $8.06M | $2.5M | 45.07% |
 Joseph Castro Nuveen LLC | 44,509 | $986,532.61 | $1.48M | $491,611.28 | 49.83% |
 Bobby Adusumilli SJS Investment Consulting Inc. | 7 | $157.64 | $232.89 | $75.25 | 47.74% |
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Alerus Financial Corporation Profile
| Banks Industry | Financials Sector | Katie A. Lorenson CEO | NASDAQ (CM) Exchange | 01446U103 CUSIP |
| US Country | 843 Employees | 25 Sep 2026 Last Dividend | 15 Sep 2014 Last Split | 2 Jan 2001 IPO Date |
Overview
Alerus Financial Corporation functions as the parent company for Alerus Financial, National Association, a company that specializes in offering a wide array of financial services to both individual consumers and businesses. The company conducts its operations through four main segments: Banking, Mortgage, Retirement and Benefit Services, and Wealth Management. Initially known as First National Bank North Dakota, it underwent a name change to Alerus Financial Corporation in 2000. Founded in 1879, its headquarters are positioned in Grand Forks, North Dakota. Alerus Financial Corporation has broadened its service reach beyond North Dakota, establishing a presence in Minnesota and Arizona for banking services, and extending its retirement and benefit plans services through offices in Michigan, Minnesota, and Colorado.
Products and Services
Operating across diverse segments, Alerus Financial Corporation offers a comprehensive suite of financial products and services tailored to meet the diverse needs of its clientele.
- Deposit Products: This includes demand deposits, interest-bearing transaction accounts, money market accounts, time deposits, savings deposits, checking accounts, and certificates of deposit.
- Treasury Management: Encompasses electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services specifically designed for optimizing business operations.
- Commercial and Consumer Loans: Offers commercial loans, business term loans, lines of credit, commercial real estate loans, construction and land development loans, residential first mortgage loans, installment loans and lines of credit, and second mortgage loans catering to diverse financing needs.
- Retirement Plan Administration and Benefit Services: Includes investment advisory services, Employee Stock Ownership Plan (ESOP) services, fiduciary services, individual retirement accounts (IRAs), payroll services, health savings accounts administration, and other benefit services to support employees and employers alike.
- Financial Planning and Wealth Management: Provides financial planning, investment management, personal and corporate trust services, estate administration, and custody services aimed at nurturing and managing wealth effectively.
- Additional Banking Services: Features debit and credit cards, online banking, mobile banking/wallet services, private banking, payroll accounts, flex spending accounts administration, and government health insurance program services, fulfilling the everyday financial transactions and needs of individuals and businesses.
