Alerus Historical Income Statement
ALRS Stock | USD 19.79 0.09 0.46% |
Historical analysis of Alerus Financial income statement accounts such as Selling General Administrative of 71.3 M, Total Revenue of 157.9 M or Gross Profit of 152.9 M can show how well Alerus Financial Corp performed in making a profits. Evaluating Alerus Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alerus Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Alerus Financial Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alerus Financial Corp is a good buy for the upcoming year.
Alerus |
About Alerus Income Statement Analysis
Alerus Financial Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Alerus Financial shareholders. The income statement also shows Alerus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Alerus Financial Income Statement Chart
Alerus Financial Corp Income Statement is one of the three primary financial statements used for reporting Alerus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alerus Financial Corp revenue and expense. Alerus Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Alerus Financial's Interest Expense is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 31.2 M in 2024, whereas Total Revenue is likely to drop slightly above 157.9 M in 2024. Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Alerus Financial Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Alerus Financial Corp minus its cost of goods sold. It is profit before Alerus Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Alerus Financial income statement and is an important metric when analyzing Alerus Financial Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Alerus Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alerus Financial Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alerus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Alerus Financial's Interest Expense is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 31.2 M in 2024, whereas Total Revenue is likely to drop slightly above 157.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 230.2M | 208.8M | 245.1M | 152.9M | Total Revenue | 230.2M | 208.8M | 244.9M | 157.9M |
Alerus Financial income statement Correlations
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Alerus Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alerus Financial income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 18.7M | 12.3M | 5.6M | 15.8M | 23.7M | 24.8M | |
Selling General Administrative | 74.0M | 89.2M | 93.4M | 80.7M | 76.3M | 71.3M | |
Total Revenue | 185.9M | 228.2M | 230.2M | 208.8M | 244.9M | 157.9M | |
Gross Profit | 185.9M | 228.2M | 230.2M | 208.8M | 245.1M | 152.9M | |
Operating Income | 38.9M | 58.5M | 69.1M | 71.5M | (2.5M) | (2.4M) | |
Income Before Tax | 38.9M | 58.5M | 69.1M | 52.2M | 15.9M | 31.2M | |
Net Income Applicable To Common Shares | 28.9M | 44.7M | 52.7M | 40.0M | 46.0M | 48.3M | |
Net Income | 29.5M | 44.7M | 52.7M | 40.0M | 11.7M | 21.9M | |
Income Tax Expense | 9.4M | 13.8M | 16.4M | 12.2M | 4.2M | 4.0M | |
Other Operating Expenses | 147.0M | (169.7M) | (161.2M) | (137.3M) | 229.0M | 240.4M | |
Ebit | 38.9M | 58.5M | 69.1M | 71.5M | (2.5M) | (2.4M) | |
Ebitda | 43.0M | 62.5M | 73.5M | 76.3M | 5.3M | 5.0M | |
Total Operating Expenses | (147.0M) | (169.7M) | (161.2M) | (137.3M) | 46.3M | 48.7M | |
Total Other Income Expense Net | 38.9M | 58.5M | 69.1M | (19.3M) | 15.9M | 8.1M | |
Depreciation And Amortization | 4.1M | 4.0M | 4.4M | 4.8M | 7.8M | 5.8M | |
Selling And Marketing Expenses | 3.2M | 3.1M | 3.2M | 3.3M | 3.0M | 3.5M | |
Net Income From Continuing Ops | 29.5M | 44.7M | 52.7M | 40.0M | 37.4M | 32.7M | |
Tax Provision | 9.4M | 13.8M | 16.4M | 12.2M | 10.8M | 13.0M | |
Net Interest Income | 74.6M | 83.8M | 87.1M | 99.7M | 93.3M | 88.6M | |
Interest Income | 93.3M | 96.1M | 92.7M | 115.6M | 156M | 108.2M | |
Reconciled Depreciation | 8.8M | 8.9M | 4.4M | 4.8M | 10.3M | 6.4M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alerus Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alerus Financial's short interest history, or implied volatility extrapolated from Alerus Financial options trading.
Pair Trading with Alerus Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alerus Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alerus Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Alerus Stock
0.71 | AC | Associated Capital | PairCorr |
Moving against Alerus Stock
0.75 | DB | Deutsche Bank AG | PairCorr |
0.74 | LU | Lufax Holding Financial Report 27th of May 2024 | PairCorr |
0.68 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
0.53 | CG | Carlyle Group | PairCorr |
0.52 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
The ability to find closely correlated positions to Alerus Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alerus Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alerus Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alerus Financial Corp to buy it.
The correlation of Alerus Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alerus Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alerus Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alerus Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alerus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Alerus Stock analysis
When running Alerus Financial's price analysis, check to measure Alerus Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alerus Financial is operating at the current time. Most of Alerus Financial's value examination focuses on studying past and present price action to predict the probability of Alerus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alerus Financial's price. Additionally, you may evaluate how the addition of Alerus Financial to your portfolios can decrease your overall portfolio volatility.
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Is Alerus Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alerus Financial. If investors know Alerus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alerus Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 0.76 | Earnings Share 0.5 | Revenue Per Share 8.322 | Quarterly Revenue Growth (0.02) |
The market value of Alerus Financial Corp is measured differently than its book value, which is the value of Alerus that is recorded on the company's balance sheet. Investors also form their own opinion of Alerus Financial's value that differs from its market value or its book value, called intrinsic value, which is Alerus Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alerus Financial's market value can be influenced by many factors that don't directly affect Alerus Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alerus Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alerus Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alerus Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.