TheGridNet
The Minneapolis Grid Minneapolis

Alerus Financial Corporation Reinvests $360M of Securities to Improve Profitability Profile

ALERUS FINANCIAL CORPORATION REINVESTS $360M OF SECURITIES TO IMPROVE PROFITABILITY PROFILE Alerus Financial Corporation (Nasdaq: ALRS) has sold $360 million of available-for-sale (AFS) securities in 2025, representing over 68% of total AFS securities. The sale resulted in a one-time pre-tax net loss of $68.5 million. The Company reinvested the proceeds into new investment securities with a weighted average yield of 4.7% and a weighted Average duration of 5.1 years. The company now expects the 2026 net interest margin to be 3.50% to 3.60% compared to the previous guidance of 3.35% to3.45%. The securities portfolio restructuring has no impact on tangible capital and positions the Company for higher earnings and improved financial returns in 2026 and beyond.

Alerus Financial Corporation Reinvests $360M of Securities to Improve Profitability Profile

प्रकाशित : पांच माह पहले द्वारा Al Villalon, Investor Relations में

MINNEAPOLIS--(BUSINESS WIRE)--On December 23, 2025, Alerus Financial Corporation (Nasdaq: ALRS), or the Company, sold $360 million of available-for-sale (“AFS”) securities which represented over 68% o... [4933 symbols]

Read at original source