Ticker League

Latest period

$301.80M

YoY change

+39.0%

5Y CAGR

+45.9%

Peak year (2022)

$442.82M

Total Debt history chart for Alerus Financial (ALRS) from 2008 to 2025

Latest: $440.55M

Total Debt growth chart for Alerus Financial (ALRS) from 2008 to 2025

Latest: +39.0%

Total Debt history table for Alerus Financial (ALRS) from 2008 to 2025

  • 2025$440.55M+39.0%
  • 2024$317.02M-16.3%
  • 2023$378.88M-14.4%
  • 2022$442.82M+600.6%
  • 2021$63.21M-5.1%
  • 2020$66.60M-1.5%
  • 2019$67.63M-55.6%
  • 2018$152.28M+71.5%
  • 2017$88.82M+49.2%
  • 2016$59.54M-15.8%
  • 2015$70.74M+120.9%
  • 2014$32.03M+8.5%
  • 2013$29.50M-14.1%
  • 2012$34.36M+22.4%
  • 2011$28.07M-14.0%
  • 2010$32.62M-27.6%
  • 2009$45.08M+47.5%
  • 2008$30.57M

Total Debt values are taken from Alerus Financial's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Total Debt at Alerus Financial (ALRS)

According to Alerus Financial's latest reported financial statements, the company's latest reported total debt is $301.80M. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Alerus Financial (ALRS) most recent annual total debt stands at $440.55M (2025) – surged 39.0% year-over-year.

Through 2020–2025 (5 years), Alerus Financial total debt delivered a +45.9% annualised rate; with mixed annual results across the window.

The record annual total debt stands at $442.82M, reached in 2022; the historical low of $28.07M was recorded in 2011.

Alerus Financial Total Debt by Year

Alerus Financial Total Debt 2025: $440.55M

Alerus Financial total debt in 2025 was $440.55M, surged 39.0% from 2024.

Alerus Financial Total Debt 2024: $317.02M

2024's total debt for Alerus Financial came in at $317.02M, declined 16.3% below 2023.

Alerus Financial Total Debt 2023: $378.88M

Alerus Financial posted total debt of $378.88M in 2023, declined 14.4% below 2022.

Alerus Financial Total Debt 2022: $442.82M

In 2022, Alerus Financial reported total debt of $442.82M, surged 600.6% from 2021. This figure represents the highest annual value in the available history.

Alerus Financial Total Debt 2021: $63.21M

Alerus Financial total debt in 2021 was $63.21M.

See more financial history for Alerus Financial (ALRS).

Sector peers by Total Debt

Financial Services peers of Alerus Financial (ALRS), ranked by their latest total debt

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