ALRS

Alerus Financial Corp

Halal Rating :
Uncomfortable
See Details
Last Price $22.12 Last updated:
Market Cap $400.1m
7D Change -2.47%
1 Year Change 16.36%

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Banking
  • National Commercial Banks
Exchange Nasdaq
Next Earnings Date

Alerus Financial Corporation provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, checking accounts, and certificates of deposit.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $50.91m $29.67m $22.54m $29.67m 44.28% 100.00%
June 30, 2024 $51.37m $29.02m $24.0m $29.02m 46.72% 100.00%
March 31, 2024 $47.54m $26.82m $22.22m $26.82m 46.74% 100.00%

Company Impact

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Justification for our Halal Rating

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