Discontinued — last reported Q3 '24
Agency Business — Labor And Related Expense
Arbor Realty Trust Agency Business — Labor And Related Expense increased by 4.0% to $28.11M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.5%, from $26.90M to $28.11M. Over 2 years (FY 2021 to FY 2023), Agency Business — Labor And Related Expense shows a downward trend with a -6.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue may indicate declining efficiency, while a decrease relative to revenue suggests improved operational leverage.
Detailed definition
This metric aggregates all costs associated with employee compensation, benefits, and related labor expenses within the...
Peer comparison
Comparable to 'Personnel Expense' or 'Compensation and Benefits' in financial services segment reporting.
abr_segment_agency_business_labor_and_related_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $31.79M | $27.89M | $29.49M | $26.54M | $25.03M | $25.47M | $28.75M | $26.76M | $27.87M | $26.90M | $24.75M | $29.15M | $27.03M | $28.11M |
| QoQ Change | — | -12.3% | +5.7% | -10.0% | -5.7% | +1.7% | +12.9% | -6.9% | +4.2% | -3.5% | -8.0% | +17.7% | -7.3% | +4.0% |
| YoY Change | — | — | — | — | -21.3% | -8.7% | -2.5% | +0.8% | +11.3% | +5.6% | -13.9% | +8.9% | -3.0% | +4.5% |
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Frequently Asked Questions
- What is Arbor Realty Trust's agency business — labor and related expense?
- Arbor Realty Trust (ABR) reported agency business — labor and related expense of $28.11M in Q3 2024.
- How has Arbor Realty Trust's agency business — labor and related expense changed year-over-year?
- Arbor Realty Trust's agency business — labor and related expense increased by 4.5% year-over-year, from $26.90M to $28.11M.
- What is the long-term trend for Arbor Realty Trust's agency business — labor and related expense?
- Over 2 years (2021 to 2023), Arbor Realty Trust's agency business — labor and related expense has grown at a -6.1% compound annual growth rate (CAGR), from $120.57M to $106.28M.
- What does agency business — labor and related expense mean?
- The total cost of salaries, benefits, and related personnel expenses for the agency business segment.