For Q1 FY2026 ended March 31, 2026, Velocity Financial reported net income of $22.4 million, up 18.4% year-over-year. Diluted EPS was $0.57, an increase of 11.8% from the prior year. Cash and cash equivalents totaled $87.1 million, and total equity was $693.3 million.
•Net income of $22.4 million, up 18.4% YoY.
•Diluted EPS of $0.57, up 11.8% YoY.
•Cash of $87.1 million and equity of $693.3 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Velocity Financial is a real estate finance company in the United States. The company originates, securitizes, and manages a portfolio of loans, which are secured by real estate, including investor loans unit residential rental properties.
Its portfolio also includes residential rental properties office, and loans for multi-family, mixed use, and commercial properties, as well as warehouse and properties. It offers its products through a network of independent mortgage brokers and direct borrower relationships. The company was founded in 2004 and is headquartered in Westlake Village, California
Velocity Financial, Inc. is a real estate finance company that originates, securitizes, and manages a portfolio of loans secured by real estate. The company focuses on investor loans for single-unit residential rental properties, as well as loans for multi-family, mixed use, and commercial properties, including office, warehouse, and other property types. Velocity Financial offers its products through a network of independent mortgage brokers and direct borrower relationships. The company was founded in 2004 and is headquartered in Westlake Village, California.
Where is Velocity Financial (VEL) listed and in which currency?
Velocity Financial, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol VEL. The company's financials are reported in US Dollars (USD), reflecting its operations in the United States.
What sector and industry does Velocity Financial (VEL) operate in?
Velocity Financial operates in the Financial Services sector, specifically within the Mortgage Finance industry. This means the company is involved in providing financing secured by real estate, focusing on mortgage loans for residential and commercial properties. As a mortgage finance company, it originates and manages loans, often securitizing them to generate liquidity.
Where is Velocity Financial (VEL) headquartered and what markets does it serve?
Velocity Financial is headquartered in Westlake Village, California, United States. The company serves the U.S. market, originating loans secured by real estate across the country. Its portfolio includes loans for residential rental properties, multi-family, mixed use, and commercial properties, indicating a broad geographic reach within the United States.
How does Velocity Financial (VEL) make money?
Velocity Financial generates revenue by originating, securitizing, and managing a portfolio of real estate-secured loans. The company earns income through loan origination fees, interest income from the loans it holds, and gains from securitization transactions. Its loan portfolio includes investor loans for single-unit residential rental properties, as well as loans for multi-family, mixed use, and commercial properties. By distributing its products through independent mortgage brokers and direct borrower relationships, Velocity Financial expands its loan origination volume and diversifies its revenue streams.