Alerus Financial Quarterly Balance Sheet
NASDAQ: ALRSFinancial ServicesBanks - RegionalUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Alerus Financial financial position
As of Jun 30, 2026, Alerus Financial reported total assets of $5.29 billion, down 0.7% from a year earlier against total liabilities of $4.71 billion. Shareholders' equity stood at $583.1 million, or 11.0% of assets. The company held $109.0 million in cash and equivalents against $404.2 million of debt, a net debt position of $295.2 million.
Debt-to-equity was 0.69.
Summary generated from market data by MetaCap's automated system. Methodology
Alerus Financial balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 109.01M | 128.83M | 67.19M | 92.04M | 80.90M | 82.98M | 61.24M | 65.97M | 438.14M | 545.77M | 129.89M | 64.72M |
| Property, Plant & Equipment | 43.94M | 43.98M | 43.25M | 44.10M | 42.69M | 40.73M | 39.78M | 18.79M | 17.33M | 18.16M | 17.94M | 17.18M |
| Goodwill | 85.63M | 85.63M | 85.63M | 85.63M | 85.63M | 85.63M | 85.63M | 46.78M | 46.78M | 46.78M | 46.78M | 46.78M |
| Intangible Assets | 29.42M | 31.40M | 33.37M | 35.75M | 38.46M | 41.17M | 43.88M | 13.19M | 14.51M | 15.83M | 17.16M | 18.48M |
| Total Assets | 5.29B | 5.29B | 5.23B | 5.33B | 5.32B | 5.34B | 5.26B | 4.36B | 4.36B | 4.34B | 3.91B | 3.83B |
| Short-Term Debt | 345.00M | 200.00M | 308.80M | 200.00M | 314.60M | 200.00M | 238.96M | 244.70M | 555.00M | 555.00M | 314.17M | 515.47M |
| Long-Term Debt | 59.24M | 59.21M | 59.18M | 59.15M | 59.13M | 59.10M | 59.07M | 59.04M | 59.01M | 58.98M | 58.96M | 58.93M |
| Total Liabilities | 4.71B | 4.71B | 4.67B | 4.78B | 4.79B | 4.83B | 4.77B | 3.70B | 3.99B | 3.97B | 3.54B | 3.52B |
| Shareholders' Equity | 583.14M | 574.69M | 564.93M | 550.69M | 533.15M | 514.23M | 495.41M | 386.49M | 373.23M | 371.64M | 369.13M | 349.40M |
| Retained Earnings | 303.07M | 287.70M | 270.07M | 308.46M | 296.88M | 281.96M | 273.72M | 278.86M | 277.62M | 275.37M | 272.70M | 291.16M |
| Total Debt | 404.24M | 259.21M | 367.98M | 259.15M | 373.73M | 259.10M | 298.03M | 303.74M | 614.01M | 613.99M | 373.13M | 574.40M |
| Net Cash (Debt) | -295.23M | -130.38M | -300.79M | -167.11M | -292.82M | -176.12M | -236.79M | -237.77M | -175.87M | -68.21M | -243.23M | -509.67M |
| Shares Outstanding | 24.99M | 25.21M | 25.41M | 25.40M | 25.39M | 25.37M | 25.34M | 19.79M | 19.78M | 19.78M | 19.73M | 19.85M |
This table shows 12 quarterly periods of Alerus Financial's balance sheet, from Q2 2026 back to Q3 2023, 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?