Velocity Financial, Inc.
VEL
$-0.19
Change (1 day)
$20.85
Year High
$13.78
Year Low
Categories
Velocity Financial, Inc. operates as a real estate finance company in the United States. It primarily originates and manages investor loans secured by 14 unit residential rental and small commercial properties. The company offers its products through a network of independent mortgage brokers. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California.
Earnings for Velocity Financial, Inc. (VEL)
Earnings in 2023 (TTM): $71.13 M
According to Velocity Financial, Inc.'s latest financial reports the company's current earnings (TTM) are $71.13 M. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Velocity Financial, Inc.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $71.13 M | $52.27 M |
| 2022 | $44.55 M | $32.21 M |
| 2021 | $39.79 M | $29.22 M |
| 2020 | $23.13 M | $17.78 M |
| 2019 | $25.4 M | $17.29 M |
| 2018 | $19.25 M | $10.55 M |
| 2017 | $13.99 M | $13.99 M |
| 2016 | $6.8 M | $6.8 M |
| 2015 | $7.15 M | $7.15 M |
| 2014 | $-6,303,000 | $-6,303,000 |