Velocity Financial, Inc. (VEL)
NYSE: VEL · Real-Time Price · USD
17.47
-0.25 (-1.41%)
Jul 30, 2026, 11:48 AM EDT - Market open
Velocity Financial Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Interest Income | 192.19 | 185.78 | 135.8 | 107.75 | 83.15 | 75.97 |
Net Interest Income Growth | 33.62% | 36.80% | 26.04% | 29.59% | 9.44% | 12.64% |
Non-Interest Income | 131.62 | 163.62 | 101.4 | 65.91 | 24.32 | 9.8 |
Non-Interest Income Growth | 46.31% | 61.36% | 53.84% | 171.01% | 148.21% | 55.03% |
Revenues Before Loan Losses | 323.81 | 349.4 | 237.2 | 173.66 | 107.47 | 85.77 |
Provision for Credit Losses | 5.59 | 5.81 | 1.17 | 1.92 | 1.15 | -0.29 |
| 318.22 | 343.6 | 236.03 | 171.75 | 106.32 | 86.06 | |
Revenue Growth | 37.31% | 45.57% | 37.43% | 61.54% | 23.53% | 25.27% |
Compensation Expenses | 92.05 | 90.22 | 69.59 | 48.34 | 30.46 | 19.19 |
Selling, General & Admin | 22.43 | 18.07 | 19.16 | 15.05 | 15.09 | 13.47 |
Other Non-Interest Expenses | 95.02 | 89.07 | 50.89 | 37.23 | 16.21 | 13.61 |
Total Non-Interest Expense | 209.5 | 197.36 | 139.64 | 100.62 | 61.76 | 46.27 |
Pretax Income | 150.22 | 146.24 | 96.39 | 71.13 | 44.55 | 39.79 |
Provision for Income Taxes | 41.59 | 41.26 | 27.93 | 18.83 | 12.03 | 10.57 |
Net Income | 108.63 | 104.98 | 68.47 | 52.29 | 32.52 | 29.22 |
Minority Interest in Earnings | 0.1 | -0.07 | 0.05 | 0.02 | 0.31 | - |
Net Income Attributable to Preferred Dividends | 1.43 | 1.35 | 0.83 | 0.75 | 0.49 | 8.59 |
Net Income to Common | 107.1 | 103.71 | 67.59 | 51.52 | 31.72 | 20.64 |
Net Income Growth | 54.78% | 53.45% | 31.18% | 62.42% | 53.72% | - |
Shares Outstanding (Basic) | 38 | 37 | 33 | 32 | 32 | 23 |
Shares Outstanding (Diluted) | 39 | 38 | 36 | 34 | 34 | 34 |
Shares Change | 7.34% | 6.76% | 3.70% | 1.03% | 0.44% | 69.17% |
EPS (Basic) | 2.81 | 2.81 | 2.07 | 1.60 | 0.99 | 0.90 |
EPS (Diluted) | 2.80 | 2.75 | 1.91 | 1.52 | 0.94 | 0.86 |
EPS Growth | 44.33% | 43.98% | 25.66% | 61.70% | 9.30% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 26.47 | 17.88 | 37.47 | 48.66 | 48.35 | 57.49 |
Free Cash Flow Growth | -12.88% | -52.28% | -23.00% | 0.64% | -15.90% | 6.13% |
Free Cash Flow Per Share | 0.68 | 0.47 | 1.05 | 1.41 | 1.42 | 1.69 |
Profit Margin | 34.14% | 30.55% | 29.01% | 30.45% | 30.59% | 33.96% |
FCF Margin | 8.32% | 5.20% | 15.87% | 28.33% | 45.48% | 66.80% |
Effective Tax Rate | 27.68% | 28.21% | 28.97% | 26.48% | 27.01% | 26.56% |