What does provision for credit losses mean?

Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

Alerus Financial Corporation ALRS Provision for Credit Losses

Provision for Credit Losses at other companies

Wells Fargo & CompanyWFC

$1.14B+21.8%

UBS

United BanksharesUBSI

$6.78M+1.3%

Farmers National Banc CorpFMNB

-$1.01M-4,705%

FB FinancialFBK

$3.82M+101%

First Commonwealth FinancialFCF

$10.73M+87.1%

First Merchants CorporationFRME

$4.9M+16.7%

Segments

By segment

See full

Retirement And Benefit Services$0—

Wealth Management$0—

Other financials

Income statement

See full

Revenue$51.4M+7.0%

Net income$23.0M+72.5%

EPS (diluted)$0.31-31.1%

Balance sheet

See full

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

See full

Operating cash flow$27.8M+261%

CapEx$2.0M-1.3%

Free cash flow$25.8M+356%

Valuation

See full

Market cap$769.69M+43.8%

Enterprise value$942.67M+29.2%

P/E10.5×—

P/S4.5×+1.1×

Profitability

See full

Net margin18.8%-0.6pp

FCF margin4.4%-41.9pp

Returns & leverage

See full

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 provision for credit losses?: Alerus Financial Corporation (ALRS) reported provision for credit losses of -$4.88M in Q1 2026.
How has Alerus Financial Corporation's provision for credit losses changed year-over-year?: Alerus Financial Corporation's provision for credit losses decreased by 665.8% year-over-year, from $863K to -$4.88M.
What does provision for credit losses mean?: Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.