GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alerus Financial Corp (NAS:ALRS) » Definitions » Pretax Margin %

Alerus Financial (Alerus Financial) Pretax Margin % : -81.59% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Alerus Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Alerus Financial's Pre-Tax Income for the three months ended in Dec. 2023 was $-17.8 Mil. Alerus Financial's Revenue for the three months ended in Dec. 2023 was $21.8 Mil. Therefore, Alerus Financial's pretax margin for the quarter that ended in Dec. 2023 was -81.59%.

The historical rank and industry rank for Alerus Financial's Pretax Margin % or its related term are showing as below:

ALRS' s Pretax Margin % Range Over the Past 10 Years
Min: 9.54   Med: 20.11   Max: 30
Current: 9.54


ALRS's Pretax Margin % is ranked worse than
89.23% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs ALRS: 9.54

Alerus Financial Pretax Margin % Historical Data

The historical data trend for Alerus Financial's Pretax Margin % 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.

* Premium members only.

Alerus Financial Pretax Margin % Chart

Alerus Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.92 25.72 30.00 25.00 9.54

Alerus Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.02 21.67 24.35 23.99 -81.59

Competitive Comparison of Alerus Financial's Pretax Margin %

For the Banks - Regional subindustry, Alerus Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Alerus Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Alerus Financial's Pretax Margin % falls into.



Alerus Financial Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Alerus Financial's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=15.854/166.166
=9.54 %

Alerus Financial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-17.819/21.841
=-81.59 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Alerus Financial Pretax Margin % Related Terms

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


Alerus Financial (Alerus Financial) Business Description

Traded in Other Exchanges
Address
401 Demers Avenue, Grand Forks, ND, USA, 58201
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