Alerus Financial (ALRS) Interest Expense - Debt (2018 - 2026)

Alerus Financial's (ALRS) quarterly Interest Expense - Debt came in at $2.4 million in Q1 2026, up 262.62% year-on-year from $650000.0 in Q1 2025, and down 76.29% quarter-over-quarter from $9.9 million in Q4 2025.

Alerus Financial (ALRS) Interest Expense - Debt (2018 - 2026) Analysis & Trends

Alerus Financial's Interest Expense - Debt history runs 9 years deep, the most recent figure standing at $2.4 million for Q1 2026.

  • On a quarterly basis, Interest Expense - Debt rose 262.62% year-over-year to $2.4 million in Q1 2026; TTM through Mar 2026 was $13.6 million, a 50.34% increase from a year earlier, with the FY2025 full-year figure at $11.9 million, up 339.49% from the prior year.
  • Interest Expense - Debt eased to $2.4 million in Q1 2026 per ALRS's latest filing, from $9.9 million in the prior quarter.
  • Across five years, Interest Expense - Debt topped out at $9.9 million in Q4 2025 and bottomed at $278000.0 in Q2 2022.
  • The 5-year median for Interest Expense - Debt is $666000.0 (2024), against an average of $2.1 million.
  • Biggest YoY gain for Interest Expense - Debt was 1392.79% in 2025; the steepest drop was 90.76% in 2025.
  • Year by year, Interest Expense - Debt stood at $2.5 million in 2022, then tumbled by 73.2% to $682000.0 in 2023, then dropped by 2.35% to $666000.0 in 2024, then jumped by 1392.79% to $9.9 million in 2025, then tumbled by 76.29% to $2.4 million in 2026.
  • Per Business Quant, the three latest ALRS Interest Expense - Debt figures stand at $2.4 million (Q1 2026), $9.9 million (Q4 2025), and $652000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 277,000.00
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 748.00 Mn
10 Alerus Financial 816.47 Mn 685.89 Mn - 2.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.36 Mn
Dec 31, 2025 9.94 Mn
Sep 30, 2025 652,000.00
Jun 30, 2025 652,000.00
Mar 31, 2025 650,000.00
Dec 31, 2024 666,000.00
Sep 30, 2024 679,000.00
Jun 30, 2024 7.05 Mn
Mar 31, 2024 5.99 Mn
Dec 31, 2023 682,000.00
Sep 30, 2023 679,000.00
Jun 30, 2023 665,000.00
Mar 31, 2023 654,000.00
Dec 31, 2022 2.55 Mn
Sep 30, 2022 591,000.00
Jun 30, 2022 278,000.00
Mar 31, 2022 562,000.00
Dec 31, 2021 536,000.00
Sep 30, 2021 535,000.00
Jun 30, 2021 538,000.00