Alerus Financial Corporation (ALRS)

Alerus Financial Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	29.98	17.44	17.78	11.7	40.01	52.68
Depreciation & Amortization	17.74	17.29	14.88	8.53	8.47	8.87
Gain (Loss) on Sale of Assets	-1.7	0.6	-3.94	-2.85	-0.6	-0.91
Gain (Loss) on Sale of Investments	69.55	68.78	1.37	27.06	5.39	12.08
Provision for Credit Losses	-2.5	0.56	18.14	2.06	-	-3.5
Net Decrease (Increase) in Loans Originated / Sold - Operating	8.06	5.63	4.89	5.42	48.54	123.95
Accrued Interest Receivable	0.59	-1.67	-1.35	-2.83	-3.24	1.13
Change in Other Net Operating Assets	15.28	-12.54	-10.2	-13.4	14.26	-1.44
Other Operating Activities	-15.81	-20.22	-12.48	-3.16	-0.15	1.94
Operating Cash Flow	114.04	67.53	21.75	26.82	102.97	149.83
Operating Cash Flow Growth	113.17%	210.54%	-18.92%	-73.95%	-31.28%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-2.31	-8.7	-12.37	-3.07	-1.79	-1.71
Sale of Property, Plant and Equipment	3.15	-	-	-	-	-
Cash Acquisitions	-	-	8.61	-	101.51	-
Investment in Securities	-14.61	123.29	106.87	259.97	38.43	-636.87
Net Decrease (Increase) in Loans Originated / Sold - Investing	-86.51	-33.9	-434.47	-312.66	-416.15	221.01
Other Investing Activities	-5.56	-4.14	8.54	5.83	-14.62	-0.09
Investing Cash Flow	-105.83	76.55	-322.82	-49.93	-292.62	-417.66

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	69.84	-	-	378.08	-
Long-Term Debt Issued	-	-	-	-	-	50
Total Debt Issued	79.44	69.84	-	-	378.08	50
Short-Term Debt Repaid	-	-	-76.81	-63.91	-	-
Long-Term Debt Repaid	-	-	-	-	-0.2	-49.92
Total Debt Repaid	38.96	-	-76.81	-63.91	-0.2	-49.92
Net Debt Issued (Repaid)	118.4	69.84	-76.81	-63.91	377.88	0.08
Repurchase of Common Stock	-22.16	-0.74	-0.28	-6.64	-0.74	-0.71
Common Dividends Paid	-21.26	-20.82	-15.45	-14.82	-12.8	-10.75
Total Dividends Paid	-21.26	-20.82	-15.45	-14.82	-12.8	-10.75
Net Increase (Decrease) in Deposit Accounts	-109.48	-186.41	324.95	180.13	-358.75	348.56
Financing Cash Flow	-34.5	-138.13	232.42	94.76	5.59	337.18

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	-26.29	5.95	-68.65	71.65	-184.07	69.35

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	111.73	58.83	9.38	23.75	101.18	148.13
Free Cash Flow Growth	173.82%	527.46%	-60.51%	-76.53%	-31.70%	-
Free Cash Flow Margin	45.02%	26.28%	4.60%	14.30%	47.96%	62.24%
Free Cash Flow Per Share	4.38	2.29	0.44	1.18	5.36	8.47

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	95.26	110.36	110.02	72.64	15.1	4.54
Cash Income Tax Paid	1.06	2.64	0.45	10.84	12.53	13.12

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 8, 2026

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