Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Alerus Financial's share price for the quarter that ended in Dec. 2023 was $22.39. Alerus Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 19.7 Mil. Therefore, Alerus Financial's market cap for the quarter that ended in Dec. 2023 was $441.8 Mil.
Alerus Financial's quarterly market cap
increased
from Jun. 2023 ($358.1 Mil) to Sep. 2023 ($360.8 Mil) and
increased
from Sep. 2023 ($360.8 Mil) to Dec. 2023 ($441.8 Mil).
Alerus Financial's annual market cap
declined
from Dec. 2021 ($504.0 Mil) to Dec. 2022 ($466.8 Mil) and
declined
from Dec. 2022 ($466.8 Mil) to Dec. 2023 ($441.8 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Alerus Financial's Enterprise Value for Today is $650.5 Mil.
Alerus Financial Market Cap Historical Data
The historical data trend for Alerus Financial's Market Cap 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.
Competitive Comparison of Alerus Financial's Market Cap
For the Banks - Regional subindustry, Alerus Financial's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alerus Financial's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Alerus Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Alerus Financial's Market Cap falls into.
Alerus Financial Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Alerus Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Alerus Financial Market Cap Related Terms
Thank you for viewing the detailed overview of Alerus Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Alerus Financial (Alerus Financial) Business Description
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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