Alerus Financial Corporation (ALRS)

Alerus Financial Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	27.1	17.44	17.78	11.7	40.01	52.68
Depreciation & Amortization	19.25	17.29	14.88	8.51	8.24	8.81
Provision for Credit Losses	-5.19	0.56	18.14	2.06	-	-3.5
Stock-Based Compensation	2.85	2.7	1.65	1.63	1.9	3.1
Net Change in Loans Held-for-Sale	2.33	5.63	4.89	5.42	48.54	123.95
Other Adjustments	-29.06	38.12	-25.24	14.94	-6.74	-34.88
Changes in Accrued Interest and Accounts Receivable	0.04	-1.67	-1.35	-2.83	-3.24	1.13
Changes in Accrued Expenses	5.31	-1.25	-11.49	-7.73	8.97	5.87
Changes in Other Operating Activities	-1.31	-11.29	1.29	-5.68	5.29	-7.31
Operating Cash Flow	87.63	67.53	21.75	26.82	102.97	149.83
Operating Cash Flow Growth	254.97%	210.54%	-18.92%	-73.95%	-31.28%	-
Net Change in Loans Held-for-Investment	58	-33.9	-434.47	-312.66	-416.15	221.01
Net Change in Securities and Investments	450.3	118.98	109.78	262.77	38.43	-636.87
Payments for Business Acquisitions	-	-	8.61	-	101.51	-
Capital Expenditures	-8.67	-8.7	-12.37	-3.07	-1.79	-1.71
Sale of Property, Plant & Equipment	-	-	-	-	0.94	-
Other Investing Activities	3.35	0.17	-1.83	3.04	-15.56	-0.09
Investing Cash Flow	123.6	76.55	-322.82	-49.93	-292.62	-417.66
Net Change in Deposits	-137.41	-186.41	324.95	180.13	-358.75	348.56
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-	69.84	-76.81	-63.91	378.08	-
Long-Term Debt Issued	-	-	-	-	-	50
Long-Term Debt Repaid	-	-	-	-	-0.2	-49.92
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-0.2	0.08
Repurchase of Common Stock	-7.15	-0.74	-0.28	-6.64	-0.74	-0.71
Net Common Stock Issued (Repurchased)	-7.15	-0.74	-0.28	-6.64	-0.74	-0.71
Common Dividends Paid	-20.83	-20.82	-15.45	-14.82	-12.8	-10.75
Financing Cash Flow	-165.38	-138.13	232.42	94.76	5.59	337.18
Net Cash Flow	45.85	5.95	-68.65	71.65	-184.07	69.35
Free Cash Flow	78.96	58.83	9.38	23.75	101.18	148.13
Free Cash Flow Growth	34.21%	527.46%	-60.51%	-76.53%	-31.70%	-
FCF Margin	34.91%	26.16%	3.90%	13.96%	47.96%	64.13%
Free Cash Flow Per Share	3.07	2.29	0.44	1.18	5.36	8.47
Levered Free Cash Flow	41.71	11.83	8.74	0.9	57.27	59.55
Unlevered Free Cash Flow	14.61	-5.61	-9.04	-10.8	17.47	6.79

Updated May 1, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q