Workflow
Alerus(ALRS) - 2025 Q1 - Quarterly Results

Exhibit 99.1 FOR RELEASE (04.28.2025) ALERUS FINANCIAL CORPORATION REPORTS FIRST QUARTER 2025 NET INCOME OF 13.3MILLIONMINNEAPOLIS,MN(April28,2025)AlerusFinancialCorporation(Nasdaq:ALRS),ortheCompany,reportednetincomeof13.3 MILLION MINNEAPOLIS, MN (April 28, 2025) – Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of 13.3 million for the first quarter of 2025, or 0.52perdilutedcommonshare,comparedtoanetlossof(0.52 per diluted common share, compared to a net loss of (0.1) million, or 0.00perdilutedcommonshare,forthefourthquarterof2024,andnetincomeof0.00 per diluted common share, for the fourth quarter of 2024, and net income of 6.4 million, or $0.32 per diluted common share, for the first q ...