Alerus Financial Corp (NAS:ALRS)
$ 22.23 -0.1 (-0.45%) Market Cap: 563.27 Mil Enterprise Value: 765.98 Mil PE Ratio: 148.20 PB Ratio: 1.14 GF Score: 67/100
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Q1 2020 Alerus Financial Corp Earnings Call Transcript

Apr 29, 2020 / 02:00PM GMT
Release Date Price: $17.32 (+3.34%)
Operator

Good morning, and welcome to the Alerus Financial Corporation earnings conference call. (Operator Instructions) Please note that 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 and the company's SEC filings. I would now like to turn the conference over to Alerus Financial Corporation Chairman, President and CEO, Randy Newman. Please go ahead, sir.

Randy Louis Newman
Alerus Financial Corporation - Chairman, President & CEO

Thank you, Chuck, and good morning, everyone. This is our third earnings call since our IPO in September 2019. This morning, we intend to discuss our first quarter 2020 financial results in our response to and the current impact of the COVID-19 pandemic. Today, I'm joined by our Chief Financial Officer, Katie Lorenson; and our

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