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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Alerus Financial Corp quarterly/annual Return On Assets history and growth rate from Q2 2020 to Q3 2024.
- Alerus Financial Corp Return On Assets for the quarter ending September 30, 2024 was 0.07 %, a 92.3% decline year-over-year.
- Alerus Financial Corp annual Return On Assets for 2023 was 0.3 %, a 73.1% decline from 2022.
- Alerus Financial Corp annual Return On Assets for 2022 was 1.13 %, a 30.6% decline from 2021.
- Alerus Financial Corp annual Return On Assets for 2021 was 1.64 %, a 3.79% increase from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)