Alerus Financial Balance Sheet
NASDAQ: ALRSFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Alerus Financial financial position
At the end of fiscal 2025, Alerus Financial reported total assets of $5.23 billion, down 0.6% from a year earlier against total liabilities of $4.67 billion. Shareholders' equity stood at $564.9 million, or 10.8% of assets. The company held $67.2 million in cash and equivalents against $368.0 million of debt, a net debt position of $300.8 million.
Debt-to-equity was 0.65.
Summary generated from market data by MetaCap's automated system. Methodology
Alerus Financial balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 67.19M | 61.24M | 129.89M | 58.24M | 242.31M | 172.96M | 144.01M | 40.65M | 122.00M |
| Property, Plant & Equipment | 43.25M | 39.78M | 17.94M | 17.29M | 18.37M | 20.29M | 20.63M | 21.74M | — |
| Goodwill | 85.63M | 85.63M | 46.78M | 47.09M | 31.49M | 30.20M | 27.33M | 27.33M | — |
| Intangible Assets | 33.37M | 43.88M | 17.16M | 22.45M | 20.25M | 25.92M | 18.39M | 22.47M | — |
| Total Assets | 5.23B | 5.26B | 3.91B | 3.78B | 3.39B | 3.01B | 2.36B | 2.18B | 2.14B |
| Short-Term Debt | 308.80M | 238.96M | 314.17M | 378.08M | — | — | 0 | 93.46M | — |
| Long-Term Debt | 59.18M | 59.07M | 58.96M | 58.84M | 58.93M | 58.73M | 58.77M | 58.82M | — |
| Total Liabilities | 4.67B | 4.77B | 3.54B | 3.42B | 3.03B | 2.68B | 2.07B | 1.98B | — |
| Shareholders' Equity | 564.93M | 495.41M | 369.13M | 356.87M | 359.40M | 330.16M | 285.73M | 162.46M | 148.10M |
| Retained Earnings | 270.07M | 273.72M | 272.70M | 280.43M | 253.57M | 212.16M | 178.09M | 159.04M | — |
| Total Debt | 367.98M | 298.03M | 373.13M | 436.92M | 58.93M | 58.73M | 58.77M | 152.28M | — |
| Net Cash (Debt) | -300.79M | -236.79M | -243.23M | -378.68M | 183.38M | 114.23M | 85.24M | -111.63M | 122.00M |
| Shares Outstanding | 25.41M | 25.34M | 19.73M | 19.99M | 17.21M | 17.13M | 17.05M | 13.78M | — |
This table shows 9 annual periods of Alerus Financial's balance sheet, from FY 2025 back to FY 2017, across 13 line items including cash & equivalents, property, plant & equipment, goodwill. Values in USD; B = billions, M = millions. Fiscal periods follow ALRS's reporting calendar. What is a balance sheet?