Orrstown Financial Services (ORRF) Mortgage Banking (2010 - 2023)
Orrstown Financial Services' (ORRF) quarterly Mortgage Banking came in at $112000.0 in Q2 2023, down 77.51% year-over-year from $498000.0 in Q2 2022, and down 76.57% quarter-over-quarter from $478000.0 in Q1 2023.
Analysis
Orrstown Financial Services (ORRF) Mortgage Banking (2010 - 2023) Analysis & Trends
Orrstown Financial Services has disclosed Mortgage Banking across 14 years of filings, most recently posting $112000.0 for Q2 2023.
- In Q2 2023, Mortgage Banking fell 77.51% year-over-year to $112000.0; the TTM figure through Jun 2023 stood at -$222000.0 (down 105.88% YoY), while the FY2025 annual figure was $1.8 million, down 1.63% from the prior year.
- Mortgage Banking came in at $112000.0 for Q2 2023 at Orrstown Financial Services, down from $478000.0 in the prior quarter.
- In the past five years, Mortgage Banking ranged from a high of $2.2 million in Q1 2021 to a low of -$1.0 million in Q3 2022.
- Average Mortgage Banking over 5 years is $845944.4, with a median of $686500.0 recorded in 2019.
- Year-over-year, Mortgage Banking jumped 559.34% in 2021 and tumbled 176.07% in 2022.
- Over 5 years, Mortgage Banking stood at $1.3 million in 2019, then climbed by 3.37% to $1.3 million in 2020, then slipped by 9.12% to $1.2 million in 2021, then sank by 83.51% to $202000.0 in 2022, then sank by 44.55% to $112000.0 in 2023.
- Per Business Quant data, the three most recent Mortgage Banking figures were $112000.0 in Q2 2023, $478000.0 in Q1 2023, and $202000.0 in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - |
| 10 | Orrstown Financial Services | 811.15 Mn | 666.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 112,000.00 |
| Mar 31, 2023 | 478,000.00 |
| Dec 31, 2022 | 202,000.00 |
| Sep 30, 2022 | -1.01 Mn |
| Jun 30, 2022 | 498,000.00 |
| Mar 31, 2022 | 721,000.00 |
| Dec 31, 2021 | 1.23 Mn |
| Sep 30, 2021 | 1.33 Mn |
| Jun 30, 2021 | 1.16 Mn |
| Mar 31, 2021 | 2.19 Mn |
| Dec 31, 2020 | 1.35 Mn |
| Sep 30, 2020 | 1.99 Mn |
| Jun 30, 2020 | 1.61 Mn |
| Mar 31, 2020 | 332,000.00 |
| Dec 31, 2019 | 1.30 Mn |
| Sep 30, 2019 | 623,000.00 |
| Jun 30, 2019 | 652,000.00 |
| Mar 31, 2019 | 468,000.00 |
| Dec 31, 2018 | 614,000.00 |
| Sep 30, 2018 | 735,000.00 |