The Tip Desk

ALERUS FINANCIAL CORP

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Net income$17.4$17.8$11.7$40.0$52.7
Balance Sheet
Total debt$59.2$59.1$59.0$58.8$58.9
Cash Flow Statement
Free cash flow$58.8$9.4$23.7$101.2$148.1
Dividends$20.8$15.4$14.8$12.8$10.8
Share repurchases$0.7$0.3$6.6$0.7$0.7

Shares outstanding 24.9M · Free float 95.6%

Annual filing data through FY ended December 31, 2025; float as of September 22, 2026.

Coverage