Welcome to our dedicated page for Velocity Financial news (Ticker: VEL), a resource for investors and traders seeking the latest updates and insights on Velocity Financial stock.
Velocity Financial, Inc. (NYSE: VEL) is a U.S. real estate finance company focused on business purpose and investor real estate loans, and its news flow centers on loan production, portfolio performance, securitizations and capital markets activity. The company describes itself as a leader in investor real estate loans and business purpose loans, with a portfolio secured by investor 1–4 family rental properties and a range of commercial property types.
News updates for Velocity commonly include quarterly and annual earnings releases that detail net income, core net income, diluted and core diluted earnings per share, portfolio net interest margin and net revenue. These releases also provide insight into record loan production volumes, growth in the total loan portfolio, and trends in nonperforming loans and real estate owned resolutions, including realization rates on resolved nonperforming assets.
Investors following VEL news will see regular disclosures on securitization activity, such as the completion of new securitizations, the collapse and refinancing of existing securitizations, and liquidity and warehouse line capacity metrics. Announcements can also cover equity capital actions, including issuance of common shares through an at-the-market offering program, and developments like a dual listing of the company’s common stock on NYSE Texas, Inc. alongside its primary New York Stock Exchange listing.
Other notable news items include rating agency reviews of securitizations issued by Velocity’s subsidiary, with rating affirmations and upgrades based on collateral and structure performance, and transactions such as the sale of nonperforming loans combined with third-party servicing mandates. For investors and analysts tracking VEL, this news page offers a centralized view of the company’s operating trends, credit performance, funding strategy and corporate milestones over time.
Velocity Financial (NYSE:VEL), a leading provider of investor real estate loans, has scheduled its second quarter 2025 financial results announcement for August 7, 2025 after market close.
The company will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day. Investors can access the webcast through Velocity's Investor Relations website, while the conference call can be joined by dialing 1-833-316-0544 (U.S./Canada) or 1-412-317-5725 (international).
A replay will be available until August 30, 2025 via phone and the company's website.
Velocity Financial (NYSE:VEL), a leading provider of investor real estate loans, announced that Kroll Bond Rating Agency (KBRA) has completed a comprehensive review of its securitizations. The review resulted in 344 rating affirmations and 14 rating upgrades across 26 outstanding securitizations issued by Velocity Commercial Capital.
The company demonstrated exceptional performance with cumulative loss levels ranging from 0.00% to 0.58%, with 13 of 26 securitizations experiencing zero losses since issuance. KBRA's positive assessment was based on stable collateral performance and increased credit support for rated classes.
Velocity Financial (NYSE:VEL), a leading commercial investor loan provider, has scheduled its first quarter 2025 financial results announcement for Thursday, May 1, 2025, after market close. The company will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.
Investors can access the live webcast through the Events and Presentations section of Velocity's Investor Relations website. For phone participation, U.S. and Canadian callers should dial 1-833-316-0544, while international callers can use 1-412-317-5725. The earnings call replay will be available until May 30, 2025, accessible via phone using passcode 3542103 or through the company's Investor Relations website.
Velocity Financial (NYSE: VEL) reported strong Q4 2024 results with net income of $20.6 million, up 18.6% from Q4 2023. The company achieved diluted EPS of $0.57, increasing from $0.50 year-over-year.
Key highlights include:
- Record loan production of $563.5 million in Q4, up 60% year-over-year
- Portfolio net interest margin improved to 3.70%, up from 3.52% in Q4 2023
- Total loan portfolio reached $5.1 billion, growing 24.1% from previous year
- Nonperforming loans at 10.7% of portfolio, slightly up from 9.7% in Q4 2023
- GAAP Book value per share increased 16.4% to $15.70
For full-year 2024, Velocity reported net income of $68.4 million compared to $52.3 million in 2023, with core earnings per diluted share of $2.03, up from $1.54. The company completed two securitizations in Q4 totaling $586.8 million with a weighted average rate of 6.0%.
Velocity Financial (NYSE:VEL), a commercial investor loans leader, has scheduled its fourth quarter and full-year 2024 financial results announcement for Thursday, March 6, 2025, after market close. The company will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.
The webcast will be available in listen-only mode through the Events and Presentations section of Velocity's Investor Relations website. For phone participation, U.S. and Canadian callers can dial 1-833-316-0544, while international callers should use 1-412-317-5725. A replay will be accessible until March 28, 2025, via phone (U.S.: 1-877-344-7529, Canada: 855-669-9658, International: 1-412-317-0088, passcode: 2785466) and the company's website.
Velocity Financial reported strong Q3 2024 results with net income of $15.8 million, up 30.8% from Q3 2023. Diluted EPS increased to $0.44 from $0.35 year-over-year. Loan production reached $476.8 million, a 64.1% increase from Q3 2023. The company's total loan portfolio grew to $4.8 billion, up 22.6% year-over-year. Portfolio net interest margin improved to 3.60%, while maintaining stable credit metrics with nonperforming loans at 10.6%. The company completed its fourth securitization of 2024, totaling $253.6 million, and maintained strong liquidity of $92.8 million.
Velocity Financial, Inc. (NYSE:VEL), a leader in commercial investor loans, has announced its upcoming third quarter 2024 financial results webcast and conference call. The company will release its results after market close on Thursday, November 7, 2024, followed by a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.
Interested parties can access the webcast through Velocity's Investor Relations website. To participate in the conference call, dial 1-833-316-0544 (U.S. and Canada) or 1-412-317-5725 (international). An audio replay will be available until November 29, 2024, accessible by dialing specific numbers for different regions. The replay passcode is #8544057. A transcript of the call will be posted on Velocity's website approximately 24 hours after its completion.
Velocity Financial (NYSE: VEL) reported strong Q2 2024 results with net income of $14.7 million, up 21.3% year-over-year. Diluted EPS rose to $0.42 from $0.36 in Q2 2023. Key highlights include:
- Loan production of $422.2 million, up 63.2% year-over-year
- Portfolio net interest margin of 3.54%, up 30 bps year-over-year
- Total loan portfolio grew 20.4% to $4.5 billion in unpaid principal balance
- Completed two securitizations totaling $490.8 million
- GAAP book value per share increased 15.5% to $14.52
The company saw strong demand for traditional commercial financing and maintained higher loan coupons while increasing production volume. Nonperforming loans were 10.5% of total loans held for investment, up slightly from 10.0% a year ago.
Velocity Financial, Inc. (NYSE:VEL), a leader in commercial investor loans, has announced its second quarter 2024 financial results webcast and conference call. The company will release its Q2 2024 results after market close on Thursday, August 1, 2024. Velocity's executive management team will host a conference call and webcast to review the financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.
The webcast will be available in listen-only mode through the Events and Presentations section of Velocity's Investor Relations website. To participate by phone, dial 1-833-316-0544 in the U.S. and Canada or 1-412-317-5725 for international callers. An audio replay will be accessible until August 30, 2024, by dialing 1-877-344-7529 (U.S.), 855-669-9658 (Canada), or 1-412-317-0088 (international) with passcode #8011693.
FAQ
What is the current stock price of Velocity Financial (VEL)?
What is the market cap of Velocity Financial (VEL)?
