Alerus Effective Tax Rate from 2010 to 2025

ALRS Stock  USD 19.14  0.10  0.52%   
Alerus Financial Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2025. From the period from 2010 to 2025, Alerus Financial Effective Tax Rate quarterly data regression had r-value of (0.38) and coefficient of variation of  25.14. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.3
Current Value
0.34
Quarterly Volatility
0.07780082
 
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Check Alerus Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alerus Financial's main balance sheet or income statement drivers, such as Interest Expense of 93 M, Selling General Administrative of 71.3 M or Total Revenue of 153.1 M, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0202 or PTB Ratio of 1.03. Alerus financial statements analysis is a perfect complement when working with Alerus Financial Valuation or Volatility modules.
  
Check out the analysis of Alerus Financial Correlation against competitors.

Latest Alerus Financial's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Alerus Financial Corp over the last few years. Effective Tax Rate is the average rate at which Alerus Financial Corp pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Alerus Financial total tax expenses by Alerus Financial earnings before taxes. It is Alerus Financial's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alerus Financial's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Alerus Effective Tax Rate Regression Statistics

Arithmetic Mean0.31
Geometric Mean0.30
Coefficient Of Variation25.14
Mean Deviation0.06
Median0.31
Standard Deviation0.08
Sample Variance0.01
Range0.3139
R-Value(0.38)
Mean Square Error0.01
R-Squared0.14
Significance0.15
Slope(0.01)
Total Sum of Squares0.09

Alerus Effective Tax Rate History

2023 0.26
2022 0.23
2019 0.24
2018 0.22
2017 0.53
2015 0.31
2014 0.3

About Alerus Financial Financial Statements

Alerus Financial shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Alerus Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Alerus Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alerus Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Effective Tax Rate 0.30  0.34 

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Additional Tools for Alerus Stock Analysis

When running Alerus Financial's price analysis, check to measure Alerus Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alerus Financial is operating at the current time. Most of Alerus Financial's value examination focuses on studying past and present price action to predict the probability of Alerus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alerus Financial's price. Additionally, you may evaluate how the addition of Alerus Financial to your portfolios can decrease your overall portfolio volatility.