Ares Commercial Real Estate Corp (ACRE) Mortgage Banking (2013 - 2016)
Ares Commercial Real Estate's Mortgage Banking came in at $4.04 million for the quarter ended Mar 31, 2016, up 3.2% from $3.92 million a year earlier but down 1.7% from the prior quarter.
Ares Commercial Real Estate Corp (ACRE) Mortgage Banking (2013 - 2016) Analysis & Trends
Over the trailing twelve months to Mar 31, 2016, Ares Commercial Real Estate reported Mortgage Banking of $16.18 million, up 6.7% year-over-year; for the year ended Dec 31, 2015, it came in at $16.05 million, down 2.1% from the prior year.
- Going back by year, Mortgage Banking was $16.4 million in the year ended Dec 31, 2014 (+182.6%) and $5.8 million in the year ended Dec 31, 2013.
- The five-year range for quarterly Mortgage Banking is $1.36 million (the quarter ended Sep 30, 2013) to $5.26 million (the quarter ended Mar 31, 2014).
- Year-over-year, Mortgage Banking has increased for four consecutive quarters, with growth averaging 25.0% over the last seven quarters.
- Business Quant data shows ACRE's Mortgage Banking at $4.11 million (quarter ended Dec 31, 2015), $4.11 million (quarter ended Sep 30, 2015) and $3.91 million (quarter ended Jun 30, 2015) in the three quarters before the quarter ended Mar 31, 2016.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2016 | 4.04 Mn |
| Dec 31, 2015 | 4.11 Mn |
| Sep 30, 2015 | 4.11 Mn |
| Jun 30, 2015 | 3.91 Mn |
| Mar 31, 2015 | 3.92 Mn |
| Dec 31, 2014 | 3.82 Mn |
| Sep 30, 2014 | 3.90 Mn |
| Jun 30, 2014 | 3.53 Mn |
| Mar 31, 2014 | 5.26 Mn |
| Dec 31, 2013 | 4.39 Mn |
| Sep 30, 2013 | 1.36 Mn |
Ares Commercial Real Estate Corp Mortgage Banking API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=mortgage-banking&ticker=ACRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "mortgage-banking", "ticker": "ACRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=mortgage-banking&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();