ALERUS FINANCIAL CORPORATION AND HMN FINANCIAL, INC. RECEIVE STOCKHOLDER AND REGULATORY APPROVAL TO PROCEED WITH MERGER [Yahoo! Finance]
Alerus Financial Corporation (ALRS)
NASDAQ:AMEX Investor Relations:
investors.alerus.com
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Source: Yahoo! Finance
“This is an exciting time for both Alerus and Home Federal as we merge our teams and prepare to provide an enhanced financial services experience for our combined clients,” said Katie Lorenson, President and CEO at Alerus. “As an experienced acquirer, we are committed to providing a seamless transition for Home Federal's employees and clients and we look forward to helping them achieve their long-term financial goals.” “We carefully selected Alerus as our merger partner for many reasons, but at the top of the list are our similar values and commitment to client service,” said Brad Krehbiel, President and Chief Executive Officer of HMNF. “Our merger with Alerus is the right choice for our stockholders, our clients, and our employees, and we are excited for the new opportunities this will bring to our clients and team.” Upon completion of the transaction, Alerus will have approximately $5.5 billion in total assets, $3.7 billion in total loans, $4.3 billion in total deposits, and ap
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ALRS
News
- Alerus Financial Corporation 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- Alerus Financial Co. (NASDAQ: ALRS) had its price target lowered by analysts at Piper Sandler from $24.00 to $23.00. They now have a "neutral" rating on the stock.MarketBeat
- Alerus Financial Corporation Reports Third Quarter 2024 Net Income of $5.2 MillionBusiness Wire
- Alerus Financial Corporation Completes Acquisition of HMN Financial, Inc.Business Wire
- Alerus Financial Corporation to Announce Third Quarter Financial Results on Tuesday, October 29 [Yahoo! Finance]Yahoo! Finance
ALRS
Earnings
- 10/29/24 - Miss
ALRS
Sec Filings
- 11/8/24 - Form SC
- 11/4/24 - Form 4
- 10/31/24 - Form 10-Q
- ALRS's page on the SEC website