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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Alerus Financial Corp quarterly/annual Return On Equity history and growth rate from 2019 to 2023.
- Alerus Financial Corp Return On Equity for the quarter ending September 30, 2024 was 0.82 %, a 92.2% decline year-over-year.
- Alerus Financial Corp annual Return On Equity for 2023 was 3.26 %, a 72.9% decline from 2022.
- Alerus Financial Corp annual Return On Equity for 2022 was 12 %, a 21.1% decline from 2021.
- Alerus Financial Corp annual Return On Equity for 2021 was 15.2 %, a 6.44% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)