Alerus Financial (ALRS) Mortgage Banking (2018 - 2024)
Alerus Financial (ALRS) posted quarterly Mortgage Banking of $2.6 million for Q2 2024, down 12.08% year-over-year from $2.9 million in Q3 2023, and up 52.93% quarter-over-quarter from $1.7 million in Q1 2024.
Alerus Financial (ALRS) Mortgage Banking (2018 - 2024) Analysis & Trends
Alerus Financial's Mortgage Banking history runs 7 years deep, the most recent figure standing at $2.6 million for Q2 2024.
- In Q2 2024, Mortgage Banking fell 12.08% year-over-year to $2.6 million; the TTM figure through Jun 2024 stood at $8.0 million (down 24.22% YoY), while the FY2025 annual figure 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.
- The 5-year median for Mortgage Banking is $4.9 million (2022), against an average of $7.2 million.
- The sharpest annual moves came in 2021 and 2022: Mortgage Banking soared 239.58% in 2021, then tumbled 72.76% in 2022.
- Alerus Financial's Mortgage Banking stood at $22.3 million in 2020, then sank by 64.22% 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 soared by 99.69% to $2.6 million in 2024.
- Business Quant data shows ALRS's Mortgage Banking at $2.6 million in Q2 2024, $1.7 million in Q1 2024, and $1.3 million in Q4 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Alerus Financial | 821.28 Mn | 657.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.55 Mn |
| Mar 31, 2024 | 1.67 Mn |
| Dec 31, 2023 | 1.28 Mn |
| Sep 30, 2023 | 2.51 Mn |
| Jun 30, 2023 | 2.91 Mn |
| Mar 31, 2023 | 1.72 Mn |
| Dec 31, 2022 | 2.17 Mn |
| Sep 30, 2022 | 3.78 Mn |
| Jun 30, 2022 | 6.04 Mn |
| Mar 31, 2022 | 4.93 Mn |
| Dec 31, 2021 | 7.97 Mn |
| Sep 30, 2021 | 11.12 Mn |
| Jun 30, 2021 | 12.29 Mn |
| Mar 31, 2021 | 17.13 Mn |
| Sep 30, 2020 | 22.27 Mn |
| Jun 30, 2020 | 17.55 Mn |
| Mar 31, 2020 | 5.05 Mn |
| Dec 31, 2019 | 6.07 Mn |
| Sep 30, 2019 | 8.14 Mn |
| Jun 30, 2019 | 7.04 Mn |