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Alerus Financial Corporation ALRS Banking — Provision For Loan Lease And Other Losses

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Other financials

Income statement

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Revenue$51.4M+7.0%
Net income$23.0M+72.5%
EPS (diluted)$0.31-31.1%

Balance sheet

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Cash & equivalents$128.8M+55.3%
Total debt$301.8M+8.7%
Total equity$574.7M+11.8%
Total assets$5.3B-1.0%

Cash flow

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Operating cash flow$27.8M+261%
CapEx$2.0M-1.3%
Free cash flow$25.8M+356%

Valuation

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Market cap$769.19M+43.8%
Enterprise value$942.16M+29.2%
P/E10.5×—
P/S4.5×+1.1×

Profitability

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Net margin18.8%-0.6pp
FCF margin4.4%-41.9pp

Returns & leverage

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Return on equity10.8%—
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Alerus Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The official record: Alerus Financial Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alerus Financial Corporation's banking — provision for loan lease and other losses?
Alerus Financial Corporation (ALRS) reported banking — provision for loan lease and other losses of -$4.88M in Q1 2026.
How has Alerus Financial Corporation's banking — provision for loan lease and other losses changed year-over-year?
Alerus Financial Corporation's banking — provision for loan lease and other losses decreased by 665.8% year-over-year, from $863K to -$4.88M.
What is the long-term trend for Alerus Financial Corporation's banking — provision for loan lease and other losses?
Over 3 years (2021 to 2024), Alerus Financial Corporation's banking — provision for loan lease and other losses has grown at a 73.1% compound annual growth rate (CAGR), from -$3.5M to $18.14M.
What does banking — provision for loan lease and other losses mean?
An expense set aside to cover expected credit losses on the loan portfolio based on current economic conditions and historical default rates. This metric acts as a buffer against potential loan defaults and reflects management's assessment of credit risk within the banking segment. A significant increase may indicate deteriorating asset quality or a more conservative outlook on the economic environment.