Alerus Financial Corporation (ALRS)

Alerus Financial Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	50.43	17.78	11.7	40.01	52.68	44.68
Depreciation & Amortization	21.12	14.88	8.51	8.24	8.81	8.93
Provision for Credit Losses	12.85	18.14	2.06	-	-3.5	10.9
Stock-Based Compensation	2.48	1.65	1.63	1.9	3.1	1.93
Net Change in Loans Held-for-Sale	7.21	4.89	5.42	48.54	123.95	-18.62
Other Adjustments	-29.71	-16.83	15.81	-6.74	-34.88	-59.74
Changes in Accrued Interest and Accounts Receivable	-2.1	-1.35	-2.83	-3.24	1.13	-2.11
Changes in Accrued Expenses	-2.12	-11.49	-7.73	8.97	5.87	-5.53
Changes in Other Operating Activities	0.51	1.29	-5.68	5.29	-7.31	-2.68
Operating Cash Flow	60.71	28.96	28.88	102.97	149.83	-22.25
Operating Cash Flow Growth	246.00%	0.26%	-71.95%	-31.28%	-	-
Net Change in Loans Held-for-Investment	-264.07	-441.69	-314.62	-416.15	221.01	-259.13
Net Change in Securities and Investments	257	106.87	259.97	38.43	-636.87	-266.59
Payments for Business Acquisitions	-	8.61	-	101.51	-	-9.28
Capital Expenditures	-12.69	-12.37	-3.17	-1.79	-1.71	-3.81
Sale of Property, Plant & Equipment	-2.69	0.11	0.21	0.94	-	-
Other Investing Activities	-0.69	8.44	5.62	-15.56	-0.09	0.42
Investing Cash Flow	-99.32	-330.03	-51.99	-292.62	-417.66	-538.39
Net Change in Deposits	131.25	324.95	180.13	-358.75	348.56	600.68
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-46.3	-76.81	-63.91	378.08	-	-
Long-Term Debt Issued	-	-	-	-	50	-
Long-Term Debt Repaid	-0	-	-	-0.2	-49.92	-0.21
Net Long-Term Debt Issued (Repaid)	-0	-	-	-0.2	0.08	-0.21
Repurchase of Common Stock	-0.56	-0.28	-6.64	-0.74	-0.71	-0.48
Net Common Stock Issued (Repurchased)	-0.56	-0.28	-6.64	-0.74	-0.71	-0.48
Common Dividends Paid	-19.71	-15.45	-14.82	-12.8	-10.75	-10.39
Financing Cash Flow	64.68	232.42	94.76	5.59	337.18	589.6
Net Cash Flow	26.07	-68.65	71.65	-184.07	69.35	28.96
Free Cash Flow	48.02	16.59	25.71	101.18	148.13	-26.06
Free Cash Flow Growth	189.44%	-35.48%	-74.59%	-31.70%	-	-
FCF Margin	17.43%	8.14%	15.49%	47.96%	62.24%	-11.72%
Free Cash Flow Per Share	1.88	0.78	1.28	5.36	8.47	-
Levered Free Cash Flow	55.15	8.74	0.8	57.27	59.55	39.26
Unlevered Free Cash Flow	4.72	-9.04	-10.9	17.47	6.79	-5.21

Updated Nov 5, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q