Velocity Financial, Inc. (VEL) Stock
Velocity Financial stock price chart
VEL stock quote & key statistics
Velocity Financial annual financials
Income statement →| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2025 | $714.4M | $105.1M | $2.86 |
| FY2024 | $482.8M | $68.4M | $2.00 |
| FY2023 | $131.7M | $52.3M | $1.54 |
| FY2022 | $248.4M | $32.2M | $1.23 |
| FY2021 | $181.3M | $29.2M | $0.97 |
Fiscal year ending December 31. Source: company filings via EODHD.
About Velocity Financial, Inc.
Velocity Financial, Inc. plays a pivotal role in the real estate finance sector across the United States. Established in 2004 and headquartered in Westlake Village, California, the company specializes in originating and managing loans secured by 1-4 unit residential rental properties and small commercial properties. Its core business model revolves around providing financing solutions tailored to investors, leveraging a network of independent mortgage brokers to distribute its products effectively.
With a focus on niche markets within real estate finance, Velocity Financial, Inc. distinguishes itself by offering flexible and specialized loan products that cater to the unique needs of property investors. This strategic approach not only supports the growth and diversification of its clients' portfolios but also enhances the company's standing as a reliable partner in the real estate investment community.
The company's commitment to innovation and customer-centric solutions underscores its mission to streamline access to capital for investors in residential and small commercial properties. As Velocity Financial, Inc. continues to expand its footprint in the real estate finance industry, it remains dedicated to maintaining high standards of service and reliability, solidifying its position as a leader in the sector.
Velocity Financial stock FAQ
What is the Velocity Financial stock ticker symbol?
Velocity Financial, Inc. trades on the NYSE under the ticker symbol VEL.
What sector and industry is Velocity Financial in?
Velocity Financial, Inc. is classified in the Financial Services sector, Mortgage Finance industry.
How many employees does Velocity Financial have?
Velocity Financial, Inc. has about 364 full-time employees.
What were Velocity Financial's revenue and earnings last fiscal year?
Velocity Financial reported revenue of $714.4M and net income of $105.1M in fiscal 2025, with earnings per share of $2.86. Revenue grew 48.0% from the prior year.
Is Velocity Financial in the Russell 2000?
Yes. Velocity Financial, Inc. (VEL) is a component of the Russell 2000, the benchmark index of U.S. small-cap stocks.
When did Velocity Financial go public?
Velocity Financial stock began trading on January 17, 2020.
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