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

Alerus Financial's Mortgage Banking history runs 7 years deep, the most recent figure standing at $2.6 million for Q2 2024.

• On a quarterly basis, Mortgage Banking fell 12.08% year-over-year to $2.6 million in Q2 2024; TTM through Jun 2024 was $8.0 million, a 24.22% decrease from a year earlier, with the FY2025 full-year figure at $11.9 million, up 17.69% from the prior year.
• Mortgage Banking advanced to $2.6 million in Q2 2024 per ALRS's latest filing, 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.
• The 5-year median for Mortgage Banking is $4.9 million (2022), against an average of $7.2 million.
• Across the five-year window, Mortgage Banking soared 239.58% in 2021 and plunged 72.76% in 2022, its largest moves.
• Year by year, Mortgage Banking stood at $22.3 million in 2020, then plunged by 64.22% to $8.0 million in 2021, then plunged by 72.76% to $2.2 million in 2022, then tumbled by 41.06% to $1.3 million in 2023, then jumped by 99.69% to $2.6 million in 2024.
• Per Business Quant, the three latest ALRS Mortgage Banking figures stand at $2.6 million (Q2 2024), $1.7 million (Q1 2024), and $1.3 million (Q4 2023).