Alerus Financial (ALRS) Interest Expense - Debt (2018 - 2026)
Alerus Financial (ALRS) posted Interest Expense - Debt of $1.04 million for Q2 2026, up 59.7% from $652,000 a year earlier and up 64.2% from the prior quarter.
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Analysis
Alerus Financial (ALRS) Interest Expense - Debt (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expense - Debt at Alerus Financial was $2.97 million, up 12.2% year-over-year; for FY2025, it came in at $2.6 million, down 4.0% from FY2024.
- Annual Interest Expense - Debt shows a four-year compound annual growth rate of 8.2% (FY2021 to FY2025).
- In prior years, Alerus Financial's Interest Expense - Debt was $2.71 million in FY2024 (+1.0%), $2.68 million in FY2023 (+14.6%), $2.34 million in FY2022 (+23.4%) and $1.9 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Interest Expense - Debt in data going back to Q3 2018.
- On a year-over-year basis, Interest Expense - Debt increased in 1 of the last eight quarters, with growth averaging 4.8%.
- The strongest year-over-year quarter for Interest Expense - Debt in the past five years was Q1 2022, with growth of 95.1%; the weakest was Q3 2021, with a decline of 36.4%.
- According to Business Quant data, Interest Expense - Debt for the three prior quarters was $634,000 (Q1 2026), $644,000 (Q4 2025) and $652,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 2.39 Bn |
| 10 | Alerus Financial | 789.05 Mn | 386.47 Mn | - | 1.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.04 Mn |
| Mar 31, 2026 | 634,000.00 |
| Dec 31, 2025 | 644,000.00 |
| 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 | 684,000.00 |
| Mar 31, 2024 | 678,000.00 |
| 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 | 628,000.00 |
| Sep 30, 2022 | 591,000.00 |
| Jun 30, 2022 | 559,000.00 |
| Mar 31, 2022 | 562,000.00 |
| Dec 31, 2021 | 536,000.00 |
| Sep 30, 2021 | 535,000.00 |
API Access
Alerus Financial Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=ALRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "ALRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=ALRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();