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

Alerus Financial has reported Mortgage Banking for 7 years, with the latest figure at $2.6 million in Q2 2024.

• For the quarter ending Q2 2024, Mortgage Banking fell 12.08% year-over-year to $2.6 million; the trailing twelve-month figure through Jun 2024 stood at $8.0 million (down 24.22% YoY), and the FY2025 full-year result was $11.9 million, up 17.69% from the prior year.
• Mortgage Banking for Q2 2024 stood at $2.6 million, up from $1.7 million in the prior quarter.
• The five-year high for Mortgage Banking was $22.3 million in Q3 2020, with the low 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 soared 239.58% in 2021 and plunged 72.76% in 2022.
• Tracing ALRS's Mortgage Banking over 5 years: stood at $16.8 million in 2020, then plunged by 52.52% to $8.0 million in 2021, then sank by 72.76% to $2.2 million in 2022, then plunged by 41.06% to $1.3 million in 2023, then surged by 99.69% to $2.6 million in 2024.
• The last three Mortgage Banking figures came in at $2.6 million (Q2 2024), $1.7 million (Q1 2024), and $1.3 million (Q4 2023), per Business Quant data.

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