Alerus Financial (ALRS)

Net assets on the balance sheet as of September 2024 : $0.38 Billion USD

According to Alerus Financial's latest financial reports the company has $0.38 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Alerus Financial - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.36 B	3.43%
2022-12-31	$$0.35 B	-0.7%
2021-12-31	$$0.35 B	8.86%
2020-12-31	$$0.33 B	15.55%
2019-12-31	$$0.28 B	45.07%
2018-12-31	$$0.19 B	9.67%
2017-12-31	$$0.17 B	6.4%
2016-12-31	$$0.16 B	-7.68%
2015-12-31	$$0.18 B	6.86%
2014-12-31	$$0.17 B	11.59%
2013-12-31	$$0.15 B	8.51%
2012-12-31	$$0.14 B	11.03%
2011-12-31	$$0.12 B	31.2%
2010-12-31	$$96.98 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
First Foundation FFWM	$1.06 B	176.80%	🇺🇸 USA
Heartland Financial USA HTLF	$2.14 B	453.80%	🇺🇸 USA
OFG Bancorp OFG	$1.31 B	241.06%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Alerus Financial (ALRS) - Net assets

Net assets on the balance sheet as of September 2024 : $0.38 Billion USD