Alerus Financial (ALRS) Debt/Assets Ratio: History & Chart

Alerus Financial Corporation(ALRS)

Banks - Regional · Grand Forks, ND

$32.30-0.10 (-0.29%)

Delayed quote: Oct 6, 2026, 10:19 AM EDT

About Alerus Financial Corporation

Alerus Financial Corporation, operating primarily through its subsidiary Alerus Financial, National Association, delivers a broad spectrum of financial services to both commercial clients and individual consumers. The company organizes its operations across four distinct segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. Within its Banking segment, Alerus provides a comprehensive array of deposit solutions, including checking, savings, money market, and certificate of deposit accounts. It also supports businesses with robust treasury management products like electronic receivables management, remote deposit capture, cash vault services, and other cash management tools. Lending solutions encompass various commercial loans, such as business term loans, lines of credit, commercial real estate financing, and construction and land development loans, alongside consumer offerings like residential first and second mortgages and installment loans. The Retirement and Benefit Services division focuses on administering retirement plans, providing investment advisory services, managing employee stock ownership plans (ESOPs), and offering payroll, health savings accounts (HSAs), and other employee benefits, including individual retirement accounts (IRAs). Through Wealth Management, clients can access financial planning, investment management, personal and corporate trust services, estate administration, and custodial solutions. Additional offerings extend to debit and credit cards, modern online and mobile banking platforms, secure payment solutions, and exclusive private banking privileges, as well as flex spending accounts and government health insurance program services. Geographically, the company's banking services are delivered through fourteen offices located in North Dakota, Minnesota, and Arizona. Its Retirement and Benefit Services, however, boast a national footprint, serving clients in all 50 states from offices situated in Michigan, Minnesota, and Colorado. Founded in 1879, Alerus Financial Corporation was originally known as First National Bank North Dakota before adopting its current name in 2000. The company maintains its headquarters in Grand Forks, North Dakota.

Grand Forks, ND

843 employees

alerus.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: Katie A. Lorenson

View full financials

ALRS Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

8.45%

DEBT TO ASSETS RATIO AVG TTM

7.10%

DEBT TO ASSETS RATIO AVG 3Y

9.39%

DEBT TO ASSETS RATIO AVG 5Y

8.13%

DEBT TO ASSETS RATIO AVG 10Y

6.39%

DEBT TO ASSETS RATIO AVG 15Y

N/A

DEBT TO ASSETS RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+19.06%

CURRENT VS 3Y AVG

-10.04%

CURRENT VS 5Y AVG

+3.99%

CURRENT VS 10Y AVG

+32.19%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · FINANCIAL SERVICES

0.05%

median of 498 covered companies

CURRENT VS SECTOR MEDIAN

+16803.57%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
Alerus Financial Corporation (ALRS)	$811.65M	8.45%	7.10%	9.39%	8.13%
GCM Grosvenor Inc. (GCMG)vs ›	$807.48M	0.61%	N/A	N/A	N/A
Navient Corporation (NAVI)vs ›	$848.25M	0.94%	N/A	N/A	N/A
Financial Institutions, Inc. (FISI)vs ›	$786.13M	0.05%	N/A	N/A	N/A
Capital City Bank Group, Inc. (CCBG)vs ›	$849.92M	0.02%	N/A	N/A	N/A
Eagle Bancorp, Inc. (EGBN)vs ›	$868.30M	0.02%	N/A	N/A	N/A
Great Southern Bancorp, Inc. (GSBC)vs ›	$868.79M	0.09%	N/A	N/A	N/A
Independent Bank Corporation (IBCP)vs ›	$746.15M	0.03%	N/A	N/A	N/A
Carlyle Secured Lending, Inc. (CGBD)vs ›	$736.32M	0.53%	N/A	N/A	N/A
Washington Trust Bancorp, Inc. (WASH)vs ›	$735.74M	0.08%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

Alerus Financial Corporation (ALRS)

$811.65M

8.45%

7.10%

9.39%

8.13%

GCM Grosvenor Inc. (GCMG)vs ›

$807.48M

0.61%

N/A

Navient Corporation (NAVI)vs ›

$848.25M

0.94%

N/A

Financial Institutions, Inc. (FISI)vs ›

$786.13M

0.05%

N/A

Capital City Bank Group, Inc. (CCBG)vs ›

$849.92M

0.02%

N/A

Eagle Bancorp, Inc. (EGBN)vs ›

$868.30M

0.02%

N/A

Great Southern Bancorp, Inc. (GSBC)vs ›

$868.79M

0.09%

N/A

Independent Bank Corporation (IBCP)vs ›

$746.15M

0.03%

N/A

Carlyle Secured Lending, Inc. (CGBD)vs ›

$736.32M

0.53%

N/A

Washington Trust Bancorp, Inc. (WASH)vs ›

$735.74M

0.08%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Alerus Financial Corporation (ALRS)?

The debt to assets ratio for ALRS stock is 8.45%.

Is Alerus Financial Corporation's debt to assets ratio high or low?

The debt to assets ratio of 8.45% is in line with its 5-year average of 8.13%, around the middle of its 5-year range (1.86%–15.01%).

What is the TTM average debt to assets ratio for Alerus Financial Corporation (ALRS)?

The TTM average debt to assets ratio for ALRS stock is 7.10%.

What is the 3Y average debt to assets ratio for Alerus Financial Corporation (ALRS)?

The 3Y average debt to assets ratio for ALRS stock is 9.39%.

What is the 5Y average debt to assets ratio for Alerus Financial Corporation (ALRS)?

The 5Y average debt to assets ratio for ALRS stock is 8.13%.

What is the 10Y average debt to assets ratio for Alerus Financial Corporation (ALRS)?

The 10Y average debt to assets ratio for ALRS stock is 6.39%.

DATE	DEBT TO ASSETS RATIO
2026-06-30	8.45%
2026-03-31	5.71%
2025-12-31	8.42%
2025-09-30	5.55%
2025-06-30	7.36%
2025-03-31	5.20%
2024-12-31	6.03%
2024-09-30	7.67%
2024-06-30	14.21%
2024-03-31	14.28%
2023-12-31	9.70%
2023-09-30	15.01%
2023-06-30	14.55%
2023-03-31	11.23%
2022-12-31	11.72%
2022-09-30	8.57%
2022-06-30	9.26%
2022-03-31	1.88%
2021-12-31	1.86%
2021-09-30	2.00%
2021-06-30	2.02%
2021-03-31	2.10%
2020-12-31	2.21%
2020-09-30	2.33%
2020-06-30	2.37%
2020-03-31	2.68%
2019-12-31	2.87%
2019-09-30	3.06%
2019-06-30	9.07%
2019-03-31	3.20%
2018-12-31	6.99%
2018-09-30	6.11%
2018-06-30	7.86%
2018-03-31	2.81%
2017-12-31	4.16%
2017-09-30	12.26%
2017-06-30	9.34%
2017-03-31	2.93%
2016-12-31	2.90%
2016-09-30	3.07%
2016-06-30	3.16%
2016-03-31	4.23%
2015-12-31	4.05%
2015-09-30	1.98%
2015-06-30	1.37%
2015-03-31	1.42%
2014-12-31	2.15%
2014-09-30	1.44%
2013-12-31	2.14%
2013-09-30	1.68%
2013-06-30	1.67%
2013-03-31	1.64%
2012-12-31	2.60%

DATE

DEBT TO ASSETS RATIO

2026-06-30

8.45%

2026-03-31

5.71%

2025-12-31

8.42%

2025-09-30

5.55%

2025-06-30

7.36%

2025-03-31

5.20%

2024-12-31

6.03%

2024-09-30

7.67%

2024-06-30

14.21%

2024-03-31

14.28%

2023-12-31

9.70%

2023-09-30

15.01%

2023-06-30

14.55%

2023-03-31

11.23%

2022-12-31

11.72%

2022-09-30

8.57%

2022-06-30

9.26%

2022-03-31

1.88%

2021-12-31

1.86%

2021-09-30

2.00%

2021-06-30

2.02%

2021-03-31

2.10%

2020-12-31

2.21%

2020-09-30

2.33%

2020-06-30

2.37%

2020-03-31

2.68%

2019-12-31

2.87%

2019-09-30

3.06%

2019-06-30

9.07%

2019-03-31

3.20%

2018-12-31

6.99%

2018-09-30

6.11%

2018-06-30

7.86%

2018-03-31

2.81%

2017-12-31

4.16%

2017-09-30

12.26%

2017-06-30

9.34%

2017-03-31

2.93%

2016-12-31

2.90%

2016-09-30

3.07%

2016-06-30

3.16%

2016-03-31

4.23%

2015-12-31

4.05%

2015-09-30

1.98%

2015-06-30

1.37%

2015-03-31

1.42%

2014-12-31

2.15%

2014-09-30

1.44%

2013-12-31

2.14%

2013-09-30

1.68%

2013-06-30

1.67%

2013-03-31

1.64%

2012-12-31

2.60%

Debt to Assets Ratio: 8.45%

ALRS Debt to Assets Ratio

ALRS Average Debt to Assets Ratio Chart

ALRS Current vs Average Debt to Assets Ratio Chart

ALRS Debt to Assets Ratio Metrics

ALRS Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

ALRS Debt to Assets Ratio History

Related Metrics