Alerus Financial (ALRS) Mortgage Banking (2018 - 2024)
Alerus Financial (ALRS) has disclosed Mortgage Banking for 7 consecutive years, with $2.6 million as the latest value for Q2 2024.
- For Q2 2024, Mortgage Banking fell 12.08% year-over-year to $2.6 million; the TTM value through Jun 2024 reached $8.0 million, down 24.22%, while the annual FY2025 figure was $11.9 million, 17.69% up from the prior year.
- Mortgage Banking hit $2.6 million in Q2 2024 for Alerus Financial, up from $1.7 million in the prior quarter.
- Across five years, Mortgage Banking topped out at $22.3 million in Q3 2020 and bottomed at $1.3 million in Q4 2023.
- Average Mortgage Banking over 5 years is $7.8 million, with a median of $5.0 million recorded in 2020.
- Year-over-year, Mortgage Banking surged 239.58% in 2021 and then plummeted 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.
- According to Business Quant data, Mortgage Banking over the past three periods came in at $2.6 million, $1.7 million, and $1.3 million for Q2 2024, Q1 2024, and Q4 2023 respectively.