Alerus Financial Corporation
NASDAQ:ALRS
20.74 (USD) • At close August 8, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 | 2012 Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income
| 13.315 | -0.066 | 5.206 | 6.17 | 6.392 | -14.755 | 9.161 | 9.104 | 8.186 | 10.909 | 9.619 | 9.293 | 10.184 | 12.705 | 13.067 | 11.694 | 15.215 | 10.179 | 17.659 | 11.474 | 5.363 | 7.652 | 7.104 | 8.348 | 6.436 | 6.033 | 7.37 | 5.599 | 6.864 | 0.535 | 4.945 | 4.57 | 4.951 | 5.634 | 2.555 | 2.94 | 2.902 | 3.343 | 4.322 | 5.409 | 4.034 | 6.088 | 6.163 | 4.443 | 4.068 | 3.932 | 5.192 | 5.71 | 5.436 | 4.757 | 4.737 |
| Depreciation & Amortization
| 3.818 | 8.364 | 2.234 | 2.19 | 2.092 | 0.376 | 0.196 | 3.723 | 2.087 | 2.187 | 2.103 | 1.884 | 2.064 | 2.124 | 2.153 | 2.196 | 2.337 | 2.286 | 2.269 | 2.209 | 2.161 | 2.265 | 2.289 | 2.154 | 2.06 | 2.138 | 2.26 | 0 | 0 | 2.303 | 2.523 | 2.648 | 2.382 | 4.22 | 3.225 | 2.575 | 2.587 | 4.201 | 1.813 | 0.481 | 2.232 | 3.062 | 2.094 | 1.495 | 1.509 | 0.828 | 3.509 | 1.588 | 1.54 | 0 | 0 |
| Deferred Income Tax
| 4.334 | -2.095 | -1.212 | -0.676 | 0 | 0.036 | 0 | -0.602 | 1.459 | 2.128 | -2.183 | 0.114 | 0.854 | 1.61 | 0.57 | 0.342 | 0.264 | -0.814 | -0.077 | -3.503 | -0.04 | 0.188 | -0.631 | 0.3 | 0.48 | 1.887 | 0.211 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Based Compensation
| 0.599 | 0.448 | 0.488 | 0.121 | 0.593 | -2.339 | 0.377 | 0.656 | 0.159 | 0.512 | 0.351 | 0.663 | 0.378 | 1.291 | 0.545 | 0.761 | 0.498 | 0.593 | 0.475 | 0.624 | 0.235 | 0.42 | 0.335 | 0.649 | 0.346 | 0.865 | 0.237 | 0.745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change In Working Capital
| -13.998 | -2.776 | -15.058 | 3.776 | 2.511 | -16.193 | -0.049 | 3.683 | -6.414 | 32.618 | -2.686 | 2.99 | -3.487 | 20.702 | 29.394 | 21.707 | 51.169 | -2.892 | 0.583 | 0.394 | -27.038 | 4.877 | 12.095 | -14.222 | -12.789 | 22.398 | 13.254 | 0 | 0 | 18.27 | 1.396 | -12.157 | 0.411 | 38.419 | -22.684 | -1.894 | -10.246 | 3.229 | -5.776 | 0.725 | -4.649 | 68.408 | -69.141 | -3.119 | -1.028 | 53.48 | -4.629 | -3.782 | -11.782 | 0 | 0 |
| Accounts Receivables
| -0.43 | -0.576 | 0.408 | -0.728 | -0.449 | -0.139 | -1.974 | -0.604 | -0.114 | -1.613 | -1.01 | -0.639 | 0.021 | 0.299 | -0.373 | 0.808 | 0.391 | -0.463 | -1.224 | -0.55 | 0.126 | -0.139 | 0.406 | 0.077 | -0.332 | 0.165 | -0.448 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change In Inventory
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change In Accounts Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Working Capital
| -13.568 | -2.2 | -15.466 | 4.503 | 2.96 | -16.054 | 1.925 | 4.287 | -6.3 | 34.231 | -1.676 | 3.629 | -3.508 | 20.403 | 29.767 | 20.899 | 50.778 | -2.429 | 1.807 | 0.944 | -27.164 | 5.016 | 11.689 | -14.299 | -12.457 | 22.233 | 13.702 | 0 | 0 | 18.27 | 1.396 | -12.157 | 0.411 | 38.419 | -22.684 | -1.894 | -10.246 | 3.229 | -5.776 | 0.725 | -4.649 | 68.408 | -69.141 | -3.119 | -1.028 | 53.48 | -4.629 | -3.782 | -11.782 | 0 | 0 |
| Other Non Cash Items
| -0.353 | 5.644 | 27.281 | -22.828 | 0.083 | 31.257 | 3.119 | -2.181 | -7.86 | -0.123 | 29.799 | -32.499 | 25.294 | -7.056 | -12.313 | -7.217 | -14.642 | -11.771 | -18.059 | -12.725 | -1.847 | 1.914 | -6.854 | -8.236 | 2.068 | -7.117 | 0.99 | -6.344 | -6.864 | 2.428 | 4.271 | 7.291 | 1.123 | 0.885 | 4.104 | 1.571 | 0.162 | 1.288 | 1.125 | 1.402 | 1.18 | -5.441 | 0.278 | 1.803 | 0.69 | -5.131 | 5.684 | -3.558 | -0.148 | -4.757 | -4.737 |
| Operating Cash Flow
| 7.715 | 9.519 | 18.939 | -11.21 | 11.712 | -1.618 | 12.804 | 14.383 | -2.383 | 48.231 | 37.004 | -17.556 | 35.287 | 31.376 | 33.416 | 29.483 | 54.841 | -2.419 | 2.85 | -1.527 | -21.166 | 17.316 | 14.338 | -11.007 | -1.399 | 26.204 | 24.111 | 0.745 | 0 | 23.536 | 13.135 | 2.352 | 8.867 | 49.158 | -12.8 | 5.151 | -4.595 | 12.061 | 1.484 | 8.017 | 2.797 | 71.577 | -60.606 | 4.622 | 5.239 | 53.109 | 9.756 | -0.042 | -4.954 | 0 | 0 |
| Investing Activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments In Property Plant And Equipment
| -2.054 | -5.039 | -2.765 | -3.685 | -0.881 | -1.442 | -0.386 | -0.165 | -0.923 | -0.708 | -0.61 | -0.341 | -0.13 | -0.861 | -0.416 | -0.152 | -0.277 | -1.05 | -0.763 | -1.309 | -0.689 | -0.451 | -0.516 | -0.568 | -1.366 | -1.439 | -0.45 | 0 | 0 | -1.034 | -0.381 | -0.473 | -1.058 | 3.693 | -0.35 | -0.506 | -0.614 | -1.857 | -0.969 | -0.561 | -0.519 | -0.609 | -0.342 | -0.379 | -0.771 | -0.716 | -1.186 | -0.76 | -1.156 | 0 | 0 |
| Acquisitions Net
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.074 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.279 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.478 | 0 | 0 | -45.441 | -0.592 | 0 | -3.722 | 0 | -12.328 | 0 | 1.485 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases Of Investments
| -3.145 | -98.887 | -1.009 | -0.203 | -10.008 | 0 | 0 | 0 | 0 | 1.368 | -1.368 | 0.04 | -95.64 | -239.73 | -258.867 | -29.28 | -262.081 | -128.894 | -151.751 | -83.931 | -50.148 | -42.776 | -42.992 | -19.557 | -17.901 | -19.063 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales Maturities Of Investments
| 44.648 | 156.494 | 18.199 | 18.673 | 23.614 | 193.119 | 22.887 | 23.324 | 23.843 | 21.359 | 32.039 | 37.596 | 43.031 | 44.214 | 35.428 | 32.949 | 40.496 | 31.489 | 52.067 | 48.768 | 15.811 | 9.158 | 19.808 | 25.772 | 15.293 | 12.566 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.495 | 0 | 0 | 0 | 24.424 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activites
| -88.145 | -152.486 | -116.166 | -121.048 | -34.836 | -141.376 | -73.934 | -51.286 | -40.176 | -140.347 | -46.319 | -82.225 | -60.293 | 43.421 | 35.223 | 101.499 | 41.492 | 80.502 | -23.618 | -279.044 | -36.541 | -35.971 | 28.791 | 7.796 | -10.114 | -12.461 | -16.398 | 0 | 0 | -2.442 | -41.024 | -144.9 | -13.781 | 325.612 | 4.529 | -30.392 | 18.659 | -9.64 | 58.482 | -74.055 | -8.273 | -47.55 | 81.095 | -55.963 | 1.918 | -99.582 | 7.045 | -54.556 | -15.267 | 0 | 0 |
| Investing Cash Flow
| -48.696 | -99.918 | -101.741 | -106.263 | -22.111 | 50.301 | -51.433 | -28.127 | -17.256 | -118.402 | -16.258 | -44.93 | -113.032 | -152.956 | -188.632 | 105.016 | -180.37 | -27.232 | -124.065 | -315.516 | -71.567 | -70.04 | 5.091 | 13.443 | -14.088 | -20.397 | -16.848 | 0 | 0 | -3.476 | -41.405 | -145.373 | -14.839 | 330.783 | 4.179 | -30.898 | -27.396 | -2.594 | 57.513 | -78.338 | -8.792 | -36.063 | 80.753 | -54.857 | 1.147 | -100.298 | 5.859 | -55.316 | -16.423 | 0 | 0 |
| Financing Activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Repayment
| -38.96 | -7.34 | -310.301 | 0.001 | 240.831 | -201.3 | 23.41 | 119.915 | -5.935 | 124.229 | 11.417 | 242.29 | -0.059 | -0.059 | -0.057 | -0.056 | 0.252 | -0.054 | -0.053 | -0.052 | -0.051 | -0.049 | -141.522 | 129.336 | -81.455 | 19.487 | -0.044 | 0 | 0 | -164.567 | 62.765 | 131.632 | -0.727 | -20.554 | 1.692 | -25.213 | -4.205 | 39.504 | -29.258 | 25.628 | 2.844 | -63.534 | 0 | 99.246 | 1.421 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock Issued
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock Repurchased
| -0.127 | -0.044 | -0.076 | -0.003 | -0.153 | -2.082 | -1.242 | -2.953 | -0.361 | -0.041 | 0 | -0.09 | -0.607 | -0.191 | -0.075 | 0 | -0.446 | -0.11 | -0.036 | 0 | -0.336 | -0.001 | -1.841 | -0.017 | -0.089 | -0.094 | -0.04 | 0 | 0 | -0.078 | -0.036 | 0 | -0.18 | -20.302 | 0 | 0 | -20.055 | -0.027 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.183 | 0 | 0 | 0 | 0 |
| Dividends Paid
| -5.073 | -3.964 | -3.962 | -3.762 | -3.757 | -3.559 | -3.615 | -3.805 | -3.62 | -3.615 | -3.615 | -2.786 | -2.784 | -2.776 | -2.776 | -2.597 | -2.602 | -2.597 | -2.599 | -2.596 | -2.595 | -2.597 | -2.364 | -1.975 | -1.973 | -1.97 | -1.829 | 0 | 0 | -1.827 | -1.684 | -1.677 | -1.541 | -1.498 | -1.539 | -1.541 | -1.61 | -1.727 | -1.443 | -1.447 | -1.442 | -1.637 | -1.349 | -1.299 | -1.247 | -1.353 | -1.2 | -1.246 | -1.09 | 0 | 0 |
| Other Financing Activities
| 106.881 | 97.011 | 24.975 | 13.606 | 189.358 | 223.427 | 19.329 | -179.123 | 116.494 | -46.327 | -11.424 | -272.717 | -28.284 | 207.463 | 2.148 | -6.633 | 145.58 | 109.623 | 9.217 | 331.639 | 150.198 | 138.203 | 79.748 | -129.708 | 103.201 | -18.416 | -9.155 | 0 | 0 | 235.024 | -41.47 | -101.696 | -42.104 | -217.75 | 4.521 | -90.256 | -14.105 | 112.909 | 39.117 | 23.32 | 20.507 | 43.363 | -41.739 | -58.271 | -14.324 | 88.124 | -10.823 | -27.999 | 12.944 | 0 | 0 |
| Financing Cash Flow
| 62.721 | 85.663 | -289.364 | 9.841 | 426.279 | 16.486 | 37.659 | -65.966 | 106.578 | 74.246 | -3.622 | -33.303 | -31.734 | 204.437 | -0.76 | -9.286 | 142.784 | 106.862 | 6.529 | 328.991 | 147.216 | 135.556 | -3.175 | -2.364 | 19.684 | -0.993 | -11.068 | 0 | 0 | 68.552 | 19.575 | 28.259 | -44.552 | -240.104 | 4.674 | -117.01 | -19.975 | 151.265 | 8.416 | 47.501 | 21.909 | -21.808 | -43.088 | 39.676 | -14.15 | 86.771 | -12.206 | -29.245 | 11.854 | 0 | 0 |
| Other Information: | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Effect Of Forex Changes On Cash
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39.642 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31.281 | 0 | 72.545 | -72.544 | 0 | 0 | 123.679 | 0 | 0 |
| Net Change In Cash
| 21.74 | -4.736 | -372.166 | -107.631 | 415.879 | 65.169 | -0.747 | -79.71 | 86.939 | 4.075 | 17.124 | -95.789 | -109.479 | 82.857 | -155.976 | 125.213 | 17.255 | 77.211 | -114.686 | 11.948 | 54.483 | 82.832 | 16.254 | 0.072 | 4.197 | 4.814 | 35.837 | 0.745 | 0 | 88.612 | -8.695 | -114.762 | -50.524 | 139.837 | -3.947 | -142.716 | -51.966 | 160.126 | 67.413 | -22.82 | 15.914 | 14.245 | -54.222 | -10.559 | 64.781 | -32.962 | 3.409 | -84.603 | 114.156 | 0 | 0 |
| Cash At End Of Period
| 82.979 | 61.239 | 65.975 | 438.141 | 545.772 | 129.893 | 64.724 | 65.471 | 145.181 | 58.242 | 54.167 | 37.043 | 132.832 | 242.311 | 159.454 | 315.43 | 190.217 | 172.962 | 95.751 | 210.437 | 198.489 | 144.006 | 61.174 | 44.92 | 44.848 | 40.651 | 35.837 | 0.745 | 121.998 | 121.998 | 33.386 | 42.081 | 156.843 | 207.367 | 67.53 | 71.477 | 214.193 | 266.159 | 106.033 | 38.62 | 61.44 | 45.526 | 0 | 54.222 | 64.781 | 0 | 32.962 | 29.553 | 114.156 | 0 | 0 |