Alerus Financial (FRA:5QD) Net Interest Income (for Banks) : €79.8 Mil (As of Mar. 2024)

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What is Alerus Financial Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Alerus Financial's net interest income for the three months ended in Mar. 2024 was €20.4 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was €79.8 Mil.

Alerus Financial's quarterly net interest income increased from Sep. 2023 (€19.1 Mil) to Dec. 2023 (€19.8 Mil) and increased from Dec. 2023 (€19.8 Mil) to Mar. 2024 (€20.4 Mil).

Alerus Financial's annual net interest income increased from Dec. 2021 (€77.1 Mil) to Dec. 2022 (€94.1 Mil) but then declined from Dec. 2022 (€94.1 Mil) to Dec. 2023 (€80.5 Mil).

Alerus Financial Net Interest Income (for Banks) Historical Data

The historical data trend for Alerus Financial's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Alerus Financial Net Interest Income (for Banks) Chart

Alerus Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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67.10

68.92

77.08

94.14

80.55

Alerus Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															22.10	20.52	19.11	19.76	20.44

Alerus Financial Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €79.8 Mil.

Alerus Financial (FRA:5QD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alerus Financial Corp (FRA:5QD) » Definitions » Net Interest Income (for Banks)

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ALRS:USA

Address

401 Demers Avenue, Grand Forks, ND, USA, 58201

Website

https://www.alerus.com

Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and Mortgage. It provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services as well as wealth management services, including financial & estate planning, trust, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.

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