Brief: Alerus Financial Corp - Total Deposits Were $3.0 Billion As Of March 31, 2023, An Increase Of $116.5 Million, Or 4.0%, From December 31, 2022

Alerus Financial

26/04/2023 22:44

April 26 (Reuters) - Alerus Financial Corp  ALRS.O :
    * TOTAL DEPOSITS WERE $3.0 BILLION AS OF MARCH 31, 2023, AN
INCREASE OF $116.5 MILLION, OR 4.0%, FROM DECEMBER 31, 2022
    * FINANCIAL RESULTS FOR Q1 WERE IMPACTED BY CONTINUING
MARGIN
PRESSURE AND HEADWINDS IN MORTGAGE SECTOR
    * QTRLY EARNINGS PER SHARE $0.40
    * Q1 NET INTEREST INCOME WAS $23.7 MILLION, $3.3 MILLION, OR
12.3%, DECREASE FROM THE FOURTH QUARTER OF 2022
    * Q1 EARNINGS PER SHARE VIEW $0.37 -- REFINITIV IBES DATA

Further company coverage:  ALRS.O 

 ((Reuters.Briefs@thomsonreuters.com;))