Alerus Financial (ALRS) Mortgage Banking (2018 - 2024)

Alerus Financial has reported Mortgage Banking over the past 7 years, most recently at $2.6 million for Q2 2024.

  • Quarterly results put Mortgage Banking at $2.6 million for Q2 2024, down 12.08% from a year ago — trailing twelve months through Jun 2024 was $8.0 million (down 24.22% YoY), and the annual figure for FY2025 was $11.9 million, up 17.69%.
  • Mortgage Banking for Q2 2024 was $2.6 million at Alerus Financial, up from $1.7 million in the prior quarter.
  • Over the last five years, Mortgage Banking for ALRS hit a ceiling of $22.3 million in Q3 2020 and a floor of $1.3 million in Q4 2023.
  • Median Mortgage Banking over the past 5 years was $5.0 million (2020), compared with a mean of $7.8 million.
  • Biggest five-year swings in Mortgage Banking: soared 239.58% in 2021 and later tumbled 72.76% in 2022.
  • Alerus Financial's Mortgage Banking stood at $16.8 million in 2020, then plummeted by 52.52% to $8.0 million in 2021, then plummeted by 72.76% to $2.2 million in 2022, then crashed by 41.06% to $1.3 million in 2023, then surged by 99.69% to $2.6 million in 2024.
  • The last three reported values for Mortgage Banking were $2.6 million (Q2 2024), $1.7 million (Q1 2024), and $1.3 million (Q4 2023) per Business Quant data.