Orrstown Financial Services (ORRF) Mortgage Banking (2010 - 2023)
Orrstown Financial Services (ORRF) posted Mortgage Banking of $112000.0 for Q2 2023, down 76.57% sequentially from $478000.0 in Q1 2023, and down 77.51% YoY from $498000.0 in Q2 2022.
Orrstown Financial Services (ORRF) Mortgage Banking (2010 - 2023) Analysis & Trends
Orrstown Financial Services has reported Mortgage Banking for 14 years, with the latest figure at $112000.0 in Q2 2023.
- Quarterly Mortgage Banking fell 77.51% year-over-year to $112000.0 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was -$222000.0 (down 105.88% YoY) and the FY2025 annual result came in at $1.8 million, down 1.63% from the prior year.
- Mortgage Banking retreated to $112000.0 in Q2 2023 per ORRF's latest filing, from $478000.0 in the prior quarter.
- Over five years, Mortgage Banking peaked at $2.2 million in Q1 2021 and troughed at -$1.0 million in Q3 2022.
- A 5-year average of $845944.4 and a median of $686500.0 in 2019 frame the typical range for Mortgage Banking.
- The sharpest annual moves came in 2021 and 2022: Mortgage Banking surged 559.34% in 2021, then plunged 176.07% in 2022.
- Over 5 years, Mortgage Banking stood at $1.3 million in 2019, then increased by 3.37% to $1.3 million in 2020, then declined by 9.12% to $1.2 million in 2021, then tumbled by 83.51% to $202000.0 in 2022, then tumbled by 44.55% to $112000.0 in 2023.
- According to Business Quant data, Mortgage Banking over the past three periods registered $112000.0, $478000.0, and $202000.0 for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | Orrstown Financial Services | 813.85 Mn | 669.01 Mn | - |
Historic Data
Download 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 |