Alerus Financial Corporation (ALRS) Q4 2025 Earnings Call Transcript

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Q4: 2026-01-28 Earnings Summary

EPS of $0.85 beats by $0.28

 | Revenue of $77.73M (12.51% Y/Y) beats by $6.24M

Alerus Financial Corporation (ALRS) Q4 2025 Earnings Call January 29, 2026 12:00 PM EST

Company Participants

Katie Lorenson – President, CEO & Director
Alan Villalon – Executive VP & CFO
James Collins – Executive VP and Chief Banking & Revenue Officer
Karin Taylor – Executive VP & COO

Conference Call Participants

Brendan Nosal – Hovde Group, LLC, Research Division
Jeff Rulis – D.A. Davidson & Co., Research Division
Nathan Race – Piper Sandler & Co., Research Division
Damon Del Monte – Keefe, Bruyette, & Woods, Inc., Research Division
David Long – Raymond James & Associates, Inc., Research Division

Presentation

Operator

Good morning, and welcome to the Alerus Financial Corporation earnings conference call [Operator Instructions]. Today’s call will reference slides that can be found on Alerus’ Investor Relations website. You can also view the presentation slides directly within the webcast platform. [Operator Instructions] Please note this event is being recorded.

This call may include forward-looking statements, and the company’s actual results may differ materially from those indicated in any forward-looking statements. Important factors that could cause actual results to differ materially from those indicated in the forward-looking statements are listed in the earnings release in the company’s SEC filings.

I would now like to turn the conference over to Alerus Financial Corporation President and CEO, Katie Lorenson. Please go ahead.

Katie Lorenson
President, CEO & Director

Thank you, and good morning, everyone. Thank you for joining us. I appreciate this opportunity to share reflections on the year and offer some perspective of the strategic position and momentum of our company as we enter into 2026. Joining me today is Alerus CFO, Al Villalon; COO, Karin Taylor; Chief Banking and Revenue Officer, Jim Collins; and Alerus Chief Retirement Services Officer, Forrest Wilson.

2025 was a milestone year for Alerus in which we demonstrated not only strong core

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