Velocity Financial, Inc. (VEL)

Velocity Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	117.81	70.83	61.93	62.06	47.6	20.29
Net Loans	6,501	5,187	4,152	3,548	2,617	1,963
Net Property, Plant & Equipment	1.48	1.65	2.79	3.36	3.83	4.15
Accrued Interest and Accounts Receivable	181.07	160.09	120.87	87.18	89.3	86.5
Other Intangible Assets	12.6	13.71	8.58	9.24	7.15	-
Goodwill	6.78	6.78	6.78	6.78	6.78	-
Other Non-Earning Assets	137.87	87.29	51.86	31.88	40.99	29.2
Total Assets	6,959	5,527	4,405	3,749	2,812	2,103
Short-Term Interbank Borrowing and Repurchase Agreements	332.39	348.08	334.76	330.81	301.07	75.92
Accounts Payable	170.58	147.81	121.97	91.53	92.2	63.36
Long-Term Debt	5,818	4,511	3,507	2,946	2,075	1,654
Other Liabilities	-	-	3.67	-	-	-
Total Liabilities	6,321	5,007	3,968	3,368	2,468	1,793
Common Stock	0.4	0.34	0.33	0.33	0.32	0.2
Treasury Stock	-10.2	-2.87	-1.32	-0.46	-	-
Additional Paid-in Capital	379.4	322.95	306.74	300.31	296.36	204.19
Accumulated Other Comprehensive Income	-2.92	-0.81	-1.21	-	-	-
Retained Earnings	267.58	197.33	128.91	76.63	44.42	15.2
Total Common Shareholders' Equity	634.26	516.94	433.44	376.81	341.11	219.59
Minority Interest	3.2	3.27	3.43	3.69	3.38	90
Shareholders' Equity	637.46	520.22	436.87	380.5	344.49	219.59
Total Liabilities & Equity	6,959	5,527	4,405	3,749	2,812	2,103
Total Debt	5,818	4,511	3,507	2,946	2,075	1,654
Net Cash (Debt)	-5,818	-4,511	-3,507	-2,946	-2,075	-1,654
Net Cash Per Share	-155.68	-126.16	-101.71	-86.32	-61.05	-82.34
Book Value	634.26	516.94	433.44	376.81	341.11	219.59
Book Value Per Share	16.97	14.46	12.57	11.04	10.04	10.93
Tangible Book Value	614.89	496.46	418.09	360.8	327.18	219.59
Tangible Book Value Per Share	16.45	13.88	12.12	10.57	9.63	10.93

Updated Nov 7, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q