Alerus Financial (ALRS) Interest Expense - Deposits (2018 - 2026)
Alerus Financial's Interest Expense - Deposits was $18.94 million in Q2 2026, down 16.8% from $22.76 million a year earlier and down 0.7% from the prior quarter.
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Analysis
Alerus Financial (ALRS) Interest Expense - Deposits (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Alerus Financial's Interest Expense - Deposits was $84.36 million through Jun 30, 2026, down 10.4% year-over-year; for FY2025, it was $92.64 million, up 3.8% from FY2024.
- Interest Expense - Deposits has now increased for four consecutive years, with a four-year compound annual growth rate of 124.3% (FY2021 to FY2025).
- In earlier years, Interest Expense - Deposits was $89.24 million in FY2024 (+67.2%), $53.39 million in FY2023 (+482.3%), $9.17 million in FY2022 (+150.5%) and $3.66 million in FY2021.
- The Q2 2026 figure marks the lowest quarterly Interest Expense - Deposits since Q4 2023.
- Compared with a year earlier, Interest Expense - Deposits has declined for three straight quarters, with growth averaging 10.8% over the last eight quarters.
- The best year-over-year quarter for Interest Expense - Deposits over five years was Q1 2023 (growth of 998.2%); the worst was Q3 2021 (a decline of 47.7%).
- Per Business Quant data, ALRS's Interest Expense - Deposits in the three quarters before Q2 2026 was $19.07 million (Q1 2026), $22 million (Q4 2025) and $24.35 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 10.76 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.37 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 2.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.85 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 3.48 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 5.10 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 5.52 Bn |
| 10 | Alerus Financial | 789.05 Mn | 386.47 Mn | - | 18.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.94 Mn |
| Mar 31, 2026 | 19.07 Mn |
| Dec 31, 2025 | 22.00 Mn |
| Sep 30, 2025 | 24.35 Mn |
| Jun 30, 2025 | 22.76 Mn |
| Mar 31, 2025 | 23.54 Mn |
| Dec 31, 2024 | 25.52 Mn |
| Sep 30, 2024 | 22.29 Mn |
| Jun 30, 2024 | 21.28 Mn |
| Mar 31, 2024 | 20.15 Mn |
| Dec 31, 2023 | 17.17 Mn |
| Sep 30, 2023 | 14.44 Mn |
| Jun 30, 2023 | 12.68 Mn |
| Mar 31, 2023 | 9.10 Mn |
| Dec 31, 2022 | 5.68 Mn |
| Sep 30, 2022 | 1.85 Mn |
| Jun 30, 2022 | 813,000.00 |
| Mar 31, 2022 | 829,000.00 |
| Dec 31, 2021 | 880,000.00 |
| Sep 30, 2021 | 880,000.00 |
API Access
Alerus Financial Interest Expense - Deposits 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-deposits&ticker=ALRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=ALRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();