---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-032424"
form_type: "8-K"
ticker: "ALRS"
cik: "0000903419"
company_name: "ALERUS FINANCIAL CORP"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:30:58.351476+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alerus Q3 2025 net income $16.9M ($0.65 EPS); record net interest income $43.1M

## Summary
- Net interest income of $43.1M, a company record; net interest margin stable at 3.50%.
- Return on avg tangible common equity (non-GAAP) 18.48%; tangible book value per share $16.90 (up 4.9% QoQ).
- Noninterest income 40.6% of total revenues at $29.4M; AUA for retirement/benefits $44.0B (+3.7% QoQ).
- Total loans $4.1B (+2.7% YTD); total deposits $4.4B (+0.8% YTD); net charge-offs/recoveries (0.17)%.
- CEO cites strong organic growth and diversified model; tangible common equity ratio 8.24%.

## SEC filing metadata
- accession: 0001437749-25-032424
- form_type: 8-K
- ticker: ALRS
- cik: 0000903419
- company_name: ALERUS FINANCIAL CORP
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903419/000143774925032424/0001437749-25-032424-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903419/000143774925032424/alrs20250813_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-032424
- JSON: https://secwatch.observer/filing/0001437749-25-032424.json
- Plain text: https://secwatch.observer/filing/0001437749-25-032424.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.