Alerus Financial (ALRS) - Net assets

Net assets on the balance sheet as of September 2024 : ₹32.62 Billion

According to Alerus Financial's latest financial reports the company has ₹32.62 Billion 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	$₹30.72 B	4.06%
2022-12-31	$₹29.53 B	10.39%
2021-12-31	$₹26.75 B	10.79%
2020-12-31	$₹24.14 B	18.51%
2019-12-31	$₹20.37 B	47.95%
2018-12-31	$₹13.77 B	20.09%
2017-12-31	$₹11.46 B	-0.02%
2016-12-31	$₹11.46 B	-5.59%
2015-12-31	$₹12.14 B	12.05%
2014-12-31	$₹10.84 B	14.48%
2013-12-31	$₹9.47 B	22.44%
2012-12-31	$₹7.73 B	14.92%
2011-12-31	$₹6.73 B	54.89%
2010-12-31	$₹4.34 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
First Foundation FFWM	₹78.76 B	141.47%	🇺🇸 USA
Heartland Financial USA HTLF	₹171.15 B	424.69%	🇺🇸 USA
OFG Bancorp OFG	₹111.25 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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