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Velocity Financial

17.36 USD
-0.61
3.39%
At close Updated Sep 14, 4:00 PM EDT
1 day
-3.39%
5 days
-5.29%
1 month
-4.41%
3 months
-0.91%
6 months
0.75%
Year to date
-11.16%
1 year
-6.57%
5 years
34.26%
10 years
28.5%
 

About: Velocity Financial Inc is a United States-based real estate finance company. Company operates in a large fragmented market with substantial demand for financing and limited supply of institutional financing alternative The company originates and manages investor loans secured by residential rental and small commercial properties. The company earns revenue in the form of interest income. It operates in New York, California, Florida, New Jersey, and other states.

Employees: 371

News

Positive
Neutral
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Sentiment 3-Months
Positive 0%
Neutral 100%
Negative 0%
Neutral
Seeking Alpha
18 days ago
Velocity Financial, Inc. (VEL) M&A Call Prepared Remarks Transcript
Velocity Financial, Inc. (VEL) M&A Call Prepared Remarks Transcript
Velocity Financial, Inc. (VEL) M&A Call Prepared Remarks Transcript
Neutral
Business Wire
18 days ago
Velocity Enters into Agreements to Acquire Toorak's Operating Platform and Manage Toorak's $3 Billion Business-Purpose Loan Portfolio
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL; “Velocity” or the “Company”) today announced a definitive agreement to acquire the operating platform of Toorak Capital LLC (“Toorak”), a business-purpose lending and asset management platform which is majority owned by funds advised by affiliates of KKR, a leading global investment firm. Toorak has also entered into separate agreements with a third-party investment firm for the purchase of Toorak's existing portfol.
Velocity Enters into Agreements to Acquire Toorak's Operating Platform and Manage Toorak's $3 Billion Business-Purpose Loan Portfolio
Neutral
Seeking Alpha
1 month ago
Velocity Financial, Inc. (VEL) Q2 2026 Earnings Call Transcript
Velocity Financial, Inc. (VEL) Q2 2026 Earnings Call Transcript
Velocity Financial, Inc. (VEL) Q2 2026 Earnings Call Transcript
Neutral
Business Wire
1 month ago
Velocity Financial, Inc. Reports Second Quarter 2026 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $25.2 million and core net income of $27.9 million for 2Q26, compared to $26.0 million and $27.5 million, respectively, for 2Q25. Earnings and core earnings per diluted share were $0.64 and $0.71 for 2Q26, compared to $0.69 and $0.73, respectively, for 2Q25. “Velocity continued to deliver impressive earnings in the second quarter o.
Velocity Financial, Inc. Reports Second Quarter 2026 Results
Neutral
Business Wire
1 month ago
Velocity Financial, Inc. Announces Date of Second Quarter 2026 Financial Results Webcast and Conference Call
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, will release its second quarter 2026 results after the market close on Wednesday, August 5, 2026. Velocity's executive management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day. Webcast Information The conference call will be webcast live in listen-only mo.
Velocity Financial, Inc. Announces Date of Second Quarter 2026 Financial Results Webcast and Conference Call
Neutral
Business Wire
2 months ago
Velocity Commercial Capital Securitization Ratings Affirmed and Upgraded by Kroll Bond Rating Agency
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”), a leader in investor real estate loans, today announced that Kroll Bond Rating Agency (“KBRA”) has reviewed the ratings on 30 of the outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC (“VCC”), resulting in 379 rating affirmations and 27 rating upgrades of the underlying tranches. These rating actions occurred in conjunction with KBRA's c.
Velocity Commercial Capital Securitization Ratings Affirmed and Upgraded by Kroll Bond Rating Agency
Neutral
Business Wire
3 months ago
Velocity Appoints Dean Thevaos as Chief Technology Officer
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, today announced the appointment of Dean Thevaos as Chief Technology Officer, effective June 1. Thevaos will lead Velocity's technology and engineering organization, with a mandate to modernize the company's platform, deepen its product capabilities, and build the operational infrastructure that supports efficient, scalable growth. Mr. Thevaos is widel.
Velocity Appoints Dean Thevaos as Chief Technology Officer
Neutral
Seeking Alpha
4 months ago
Velocity Financial, Inc. (VEL) Q1 2026 Earnings Call Transcript
Velocity Financial, Inc. (VEL) Q1 2026 Earnings Call Transcript
Velocity Financial, Inc. (VEL) Q1 2026 Earnings Call Transcript
Neutral
Business Wire
4 months ago
Velocity Financial, Inc. Reports First Quarter 2026 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $22.4 million and core net income of $26.5 million for 1Q26, compared to $18.9 million and $20.3 million, respectively, for 1Q25. Earnings and core earnings per diluted share were $0.57 and $0.68 for 1Q26, compared to $0.51 and $0.55, respectively, for 1Q25. “Velocity continued to deliver impressive earnings in the first quarter of.
Velocity Financial, Inc. Reports First Quarter 2026 Results
Neutral
Business Wire
4 months ago
Velocity Financial, Inc. Announces Date of First Quarter 2026 Financial Results Webcast and Conference Call
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, will release its first quarter 2026 results after the market close on Wednesday, May 6, 2026. Velocity's executive management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day. Webcast Information The conference call will be webcast live in listen-only mode a.
Velocity Financial, Inc. Announces Date of First Quarter 2026 Financial Results Webcast and Conference Call
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