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Alerus Financial (Alerus Financial) Research & Development : $0.0 Mil (TTM As of Dec. 2023)


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What is Alerus Financial Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Alerus Financial's Research & Development for the three months ended in Dec. 2023 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0.0 Mil.

Alerus Financial Research & Development Historical Data

The historical data trend for Alerus Financial's Research & Development 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 Research & Development Chart

Alerus Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Alerus Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Alerus Financial Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

* 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.

Alerus Financial  (NAS:ALRS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Alerus Financial Research & Development Related Terms

Thank you for viewing the detailed overview of Alerus Financial's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Alerus Financial (Alerus Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alerus Financial Corp (NAS:ALRS) » Definitions » Research & Development
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Traded in Other Exchanges
5QD:Germany
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.
Executives
Kari Koob officer: Director of Accounting 401 DEMERS AVENUE, GRAND FORKS ND 58201
Alan Villalon officer: Chief Financial Officer 401 DEMERS AVENUE, GRAND FORKS ND 58201
Galen G Vetter director 500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404
Katie A Lorenson officer: Executive Vice President/ CFO 401 DEMERS AVENUE, GRAND FORKS ND 58201
Janet O Estep director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Jerrod Hanson officer: Chief Accounting Officer 401 DEMERS AVENUE, GRAND FORKS ND 58201
Jon Hendry officer: Chief Technology Officer & EVP 401 DEMERS AVENUE, GRAND FORKS ND 58201
Missy Keney officer: Chief Engagement Officer & EVP 401 DEMERS AVENUE, GRAND FORKS ND 58201
Jim Collins officer: EVP, CBO & CRO 401 DEMERS AVENUE, GRAND FORKS ND 58201
Jill Schurtz director 401 DEMERS AVENUE, GRAND FORKS ND 58201
Mary Zimmer director 401 DEMERS AVENUE, GRAND FORKS ND 58201
Ryan Goldberg officer: Chief Revenue Officer 401 DEMERS AVENUE, GRAND FORKS ND 58201
Karen Bohn director 215 S CASCADE ST, FERGUS FALLS MN 565372801
Kris Compton officer: Executive Vice President/ CSO 401 DEMERS AVENUE, GRAND FORKS ND 58201
Ann Mcconn officer: Executive Vice President/ CBO 401 DEMERS AVENUE, GRAND FORKS ND 58201