ALERUS FINANCIAL CORP
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Cash from operations | $67.5M | $21.7M | $26.8M | $103.0M | $149.8M |
| Capital expenditure | $8.7M | $12.4M | $3.1M | $1.8M | $1.7M |
| Free cash flow | $58.8M | $9.4M | $23.7M | $101.2M | $148.1M |
| Share repurchases | $737,000 | $276,000 | $6.6M | $738,000 | $712,000 |
| Impairments | $0 | $0 | — | — | — |
| Total assets | $5.2B | $5.3B | $3.9B | $3.8B | $3.4B |
| Total liabilities | $4.7B | $4.8B | $3.5B | $3.4B | $3.0B |
| Total debt | $59.2M | $59.1M | $59.0M | $58.8M | $58.9M |
Shares outstanding 25.1M · Free float 95.7%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.