American Church Mortgage Company (ACMC) |
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American Church Mortgage's Customers Performance
ACMC
American Church Mortgage's Customers have recorded a rise in their cost of revenue by 27.77 % in the 1 quarter 2022 year on year, sequentially costs of revenue grew by 692.13 %, for the same period American Church Mortgage Company
• List of ACMC Customers
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Customers Net Income fell in Q1 by |
Customers Net margin fell to % |
-40.74 % |
21.15 % |
American Church Mortgage's Comment on Sales, Marketing and Customers
Mortgage loan applications are prepared and verified by our Advisors personnel
in our Loan Origination and Underwriting Department. Verification procedures are
designed to assure a borrowers qualification under our Financing Policies which
are specifically identified herein and include, among other things, obtaining:
· applications containing key information concerning the prospective borrowers;
· project description;
· financial statements in accordance with our Financing Policies;
· corporate records and other organizational documents of the borrower;
· preliminary title report or commitment for mortgagee title insurance;
and
· a real estate appraisal in accordance with the Financing Policies.
All appraisals are prepared by independent third-party professionals who we approve
based on their experience, reputation and education. All financial statements
are prepared by independent third-party professionals or a qualified accountant
that we hire that is independent of the borrower. Completed loan applications,
together with a written summary are then presented to our Underwriting Committee.
Our loan Underwriting Committee is comprised of the Advisors President and Chief
Financial Officer and Treasurer and certain members of its staff. Our Advisor
may arrange for the provision of mortgage title insurance and for the services
of professional independent third-party accountants and appraisers on behalf of
borrowers in order to achieve pricing efficiencies on their behalf and to assure
the efficient delivery of title commitments, preliminary title reports and title
policies, and financial statements and appraisals that meet our underwriting criteria.
Our Advisor may arrange for the direct payment for such professional services
and for the direct reimbursement to it of such expenditures by borrowers and prospective
borrowers. Upon closing and funding of mortgage loans, an origination fee based
on the original principal amount of each loan may be charged, of which one-half
is payable by the borrower to our Advisor, and the other one-half to us.
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American Church Mortgage's Comment on Sales, Marketing and Customers
Mortgage loan applications are prepared and verified by our Advisors personnel
in our Loan Origination and Underwriting Department. Verification procedures are
designed to assure a borrowers qualification under our Financing Policies which
are specifically identified herein and include, among other things, obtaining:
· applications containing key information concerning the prospective borrowers;
· project description;
· financial statements in accordance with our Financing Policies;
· corporate records and other organizational documents of the borrower;
· preliminary title report or commitment for mortgagee title insurance;
and
· a real estate appraisal in accordance with the Financing Policies.
All appraisals are prepared by independent third-party professionals who we approve
based on their experience, reputation and education. All financial statements
are prepared by independent third-party professionals or a qualified accountant
that we hire that is independent of the borrower. Completed loan applications,
together with a written summary are then presented to our Underwriting Committee.
Our loan Underwriting Committee is comprised of the Advisors President and Chief
Financial Officer and Treasurer and certain members of its staff. Our Advisor
may arrange for the provision of mortgage title insurance and for the services
of professional independent third-party accountants and appraisers on behalf of
borrowers in order to achieve pricing efficiencies on their behalf and to assure
the efficient delivery of title commitments, preliminary title reports and title
policies, and financial statements and appraisals that meet our underwriting criteria.
Our Advisor may arrange for the direct payment for such professional services
and for the direct reimbursement to it of such expenditures by borrowers and prospective
borrowers. Upon closing and funding of mortgage loans, an origination fee based
on the original principal amount of each loan may be charged, of which one-half
is payable by the borrower to our Advisor, and the other one-half to us.
ACMC's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
American Church Mortgage Company |
0.19 |
-0.39 |
-1.54 |
2 |
M and t Bank Corporation |
24,119.34 |
9,341.58 |
2,918.89 |
17,569 |
The Bank Of New York Mellon Corporation |
44,882.02 |
17,383.00 |
3,288.00 |
49,100 |
Citigroup inc |
143,330.94 |
78,462.00 |
9,381.00 |
223,400 |
Comerica Incorporated |
7,191.37 |
3,503.00 |
881.00 |
7,611 |
Academy Sports And Outdoors Inc |
5,074.11 |
6,159.21 |
519.19 |
0 |
Us Bancorp De |
67,964.53 |
25,738.00 |
5,458.00 |
68,796 |
Wells Fargo and Company |
214,480.96 |
77,198.00 |
19,255.00 |
247,848 |
Cit Group Inc |
5,373.11 |
2,769.00 |
714.80 |
3,360 |
Jpmorgan Chase and Co |
587,127.25 |
148,784.00 |
47,760.00 |
271,025 |
Peoples United Financial Inc |
8,257.98 |
1,941.00 |
604.90 |
6,499 |
Northern Trust Corporation |
18,405.04 |
6,749.00 |
1,107.30 |
21,100 |
Keycorp |
14,644.73 |
5,894.00 |
967.00 |
16,744 |
Fifth Third Bancorp |
25,238.78 |
8,193.00 |
2,349.00 |
19,112 |
Pnc Financial Services Group Inc |
0.00 |
21,490.00 |
5,725.00 |
59,426 |
First Horizon Corp |
8,605.06 |
3,207.00 |
916.00 |
0 |
Capital one financial corp |
55,409.61 |
26,361.00 |
4,810.00 |
50,767 |
Bank Of America Corporation |
305,254.37 |
98,581.00 |
26,515.00 |
208,000 |
Huntington Bancshares Incorporated |
20,206.80 |
6,958.00 |
1,971.00 |
0 |
Slm Corp |
5,052.12 |
1,463.87 |
581.39 |
1,000 |
Regions Financial Corporation |
19,366.67 |
7,023.00 |
4,583.00 |
19,626 |
Bok Financial Corp |
5,796.51 |
2,016.13 |
531.13 |
4,789 |
Popular Inc |
6,222.12 |
2,573.64 |
539.93 |
7,810 |
Citizens Financial Group Inc |
16,586.78 |
7,537.00 |
1,491.00 |
17,463 |
Cyngn Inc |
5.95 |
1.71 |
-23.00 |
3,570 |
East West Bancorp inc |
10,835.14 |
2,482.52 |
1,161.16 |
2,833 |
First Citizens Bancshares Inc |
23,260.82 |
18,787.00 |
11,466.00 |
5,734 |
First Financial Bankshares Inc |
4,386.41 |
490.18 |
211.67 |
1,270 |
First Interstate Bancsystem Inc |
2,728.67 |
993.60 |
257.50 |
1,742 |
First Midwest Bancorp Inc |
2,447.32 |
729.14 |
176.87 |
1,790 |
Fnb Corp |
4,937.50 |
1,499.00 |
485.00 |
2,747 |
Fulton Financial Corp |
2,529.75 |
1,021.14 |
290.56 |
3,460 |
Glacier Bancorp Inc |
4,225.63 |
794.97 |
222.93 |
2,245 |
Great Western Bancorp Inc |
1,715.29 |
503.03 |
203.26 |
1,475 |
Hilltop Holdings Inc |
1,954.81 |
1,177.43 |
117.98 |
5,300 |
First Internet Bancorp |
294.33 |
84.38 |
8.42 |
152 |
Independent Bank Corp |
2,241.24 |
707.88 |
239.50 |
1,051 |
Nbt Bancorp Inc |
1,620.81 |
488.78 |
124.46 |
1,721 |
Ofg Bancorp |
1,687.18 |
628.61 |
181.87 |
1,466 |
Park National Corporation |
2,116.78 |
462.84 |
126.73 |
1,793 |
Renasant Corp |
1,672.27 |
616.81 |
144.68 |
1,996 |
Simmons First National Corp |
2,344.24 |
763.66 |
375.66 |
1,946 |
Svb Financial Group |
15,943.02 |
5,793.00 |
1,609.00 |
6,567 |
Santander Holdings Usa Inc |
0.00 |
7,508.72 |
1,085.79 |
15,150 |
South State Corp |
6,193.39 |
1,625.43 |
494.31 |
2,058 |
S and t Bancorp Inc |
1,175.67 |
389.14 |
144.78 |
1,067 |
Triumph Financial Inc |
1,771.66 |
406.05 |
41.08 |
0 |
Texas Capital Bancshares Inc |
0.00 |
-637.40 |
386.24 |
1,329 |
Union Bankshares Inc |
139.62 |
48.25 |
24.13 |
0 |
United Bankshares Inc |
4,567.30 |
1,031.46 |
386.69 |
1,701 |
United Community Banks Inc |
2,906.47 |
803.82 |
180.85 |
1,883 |
Umb Financial Corp |
4,018.53 |
1,411.63 |
379.27 |
3,830 |
Valley National Bancorp |
3,222.88 |
1,370.42 |
474.86 |
2,929 |
Westamerica Bancorporation |
1,261.58 |
324.80 |
161.77 |
813 |
Western Alliance Bancorporation |
6,671.76 |
2,557.00 |
722.40 |
1,446 |
Webster Financial Corporation |
8,756.17 |
2,500.86 |
867.84 |
2,946 |
Wesbanco Inc |
1,682.84 |
595.54 |
176.27 |
1,633 |
Encore Capital Group Inc |
1,065.38 |
1,222.68 |
-206.49 |
6,700 |
Orix Corporation |
130,545.07 |
18,580.22 |
1,948.82 |
33,333 |
New York Mortgage Trust Inc |
627.41 |
153.86 |
-19.06 |
7 |
Nomura Holdings Inc |
20,123.39 |
17,228.01 |
635.13 |
28,865 |
Mizuho Financial Group Inc |
10,252.96 |
13,877.30 |
235.75 |
56,375 |
Arlington Asset Investment Corp |
135.91 |
22.02 |
0.43 |
0 |
B Riley Financial Inc |
531.81 |
1,792.70 |
-79.42 |
217 |
America First Multifamily Investors L p |
0.00 |
73.27 |
111.66 |
0 |
Lm Funding America Inc |
38.82 |
10.05 |
-39.18 |
22 |
Pra Group Inc |
989.57 |
802.55 |
-66.75 |
3,799 |
Wintrust Financial Corp |
6,264.44 |
2,157.58 |
622.63 |
0 |
SUBTOTAL |
1,908,480.02 |
683,207.04 |
168,917.55 |
1,536,006 |
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