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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	27.71	17.44	17.78	11.7	40.01	52.68
Depreciation & Amortization	19.41	17.29	14.88	8.53	8.47	8.87
Gain (Loss) on Sale of Assets	-0.15	0.6	-3.94	-2.85	-0.6	-0.91
Gain (Loss) on Sale of Investments	68.9	68.78	1.37	27.06	5.39	12.08
Provision for Credit Losses	-4.7	0.56	18.14	2.06	-	-3.5
Net Decrease (Increase) in Loans Originated / Sold - Operating	2.93	5.63	4.89	5.42	48.54	123.95
Accrued Interest Receivable	0.67	-1.67	-1.35	-2.83	-3.24	1.13
Change in Other Net Operating Assets	0.84	-12.54	-10.2	-13.4	14.26	-1.44
Other Operating Activities	-11.98	-20.22	-12.48	-3.16	-0.15	1.94
Operating Cash Flow	95.54	67.53	21.75	26.82	102.97	149.83
Operating Cash Flow Growth	133.57%	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-6.23	-8.7	-12.37	-3.07	-1.79	-1.71
Cash Acquisitions	-	-	8.61	-	101.51	-
Investment in Securities	32.67	123.29	106.87	259.97	38.43	-636.87
Net Decrease (Increase) in Loans Originated / Sold - Investing	57.83	-33.9	-434.47	-312.66	-416.15	221.01
Other Investing Activities	-1.23	-4.14	8.54	5.83	-14.62	-0.09
Investing Cash Flow	83.04	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	Jun 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	30.4	69.84	-	-	378.08	50
Short-Term Debt Repaid	-	-	-76.81	-63.91	-	-
Long-Term Debt Repaid	-	-	-	-	-0.2	-49.92
Total Debt Repaid	-	-	-76.81	-63.91	-0.2	-49.92
Net Debt Issued (Repaid)	30.4	69.84	-76.81	-63.91	377.88	0.08
Repurchase of Common Stock	-14.2	-0.74	-0.28	-6.64	-0.74	-0.71
Common Dividends Paid	-21.1	-20.82	-15.45	-14.82	-12.8	-10.75
Total Dividends Paid	-21.1	-20.82	-15.45	-14.82	-12.8	-10.75
Net Increase (Decrease) in Deposit Accounts	-145.57	-186.41	324.95	180.13	-358.75	348.56
Financing Cash Flow	-150.47	-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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	28.11	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	89.31	58.83	9.38	23.75	101.18	148.13
Free Cash Flow Growth	219.95%	527.46%	-60.51%	-76.53%	-31.70%	-
Free Cash Flow Margin	36.92%	26.28%	4.60%	14.30%	47.96%	62.24%
Free Cash Flow Per Share	3.48	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	98.43	110.36	110.02	72.64	15.1	4.54
Cash Income Tax Paid	2.26	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: May 1, 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:

Aug 18, 2026

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