Velocity Financial, Inc. (VEL)

USD 20.27

(-2.03%)

Net Income Summary of Velocity Financial, Inc.

Velocity Financial, Inc.'s latest annual net income in 2023 was 52.27 Million USD , up 62.28% from previous year.
Velocity Financial, Inc.'s latest quarterly net income in 2024 Q2 was 14.77 Million USD , down -14.34% from previous quarter.
Velocity Financial, Inc. reported an annual net income of 32.21 Million USD in 2022, up 10.22% from previous year.
Velocity Financial, Inc. reported an annual net income of 29.22 Million USD in 2021, up 64.39% from previous year.
Velocity Financial, Inc. reported a quarterly net income of 17.25 Million USD for 2024 Q1, down -0.6% from previous quarter.
Velocity Financial, Inc. reported a quarterly net income of 12.18 Million USD for 2023 Q2, up 14.41% from previous quarter.

Annual Net Income Chart of Velocity Financial, Inc. (2023 - 2015)

Historical Annual Net Income of Velocity Financial, Inc. (2023 - 2015)

Year	Net Income	Net Income Growth
2023	52.27 Million USD	62.28%
2022	32.21 Million USD	10.22%
2021	29.22 Million USD	64.39%
2020	17.77 Million USD	2.8%
2019	17.29 Million USD	63.92%
2018	10.54 Million USD	-24.59%
2017	13.98 Million USD	105.81%
2016	6.79 Million USD	-4.99%
2015	7.15 Million USD	0.0%

Year	Net Income	Net Income Growth
2024 Q2	14.77 Million USD	-14.34%
2024 Q1	17.25 Million USD	-0.6%
2023 Q2	12.18 Million USD	14.41%
2023 Q4	17.35 Million USD	43.6%
2023 Q1	10.64 Million USD	25.84%
2023 Q3	12.08 Million USD	-0.8%
2023 FY	52.27 Million USD	62.28%
2022 Q2	10.64 Million USD	241.08%
2022 FY	32.21 Million USD	10.22%
2022 Q4	8.46 Million USD	-15.24%
2022 Q3	9.98 Million USD	-6.22%
2022 Q1	3.12 Million USD	-62.64%
2021 Q3	8.02 Million USD	-15.14%
2021 Q2	9.45 Million USD	178.36%
2021 FY	29.22 Million USD	64.39%
2021 Q1	3.39 Million USD	-64.54%
2021 Q4	8.35 Million USD	4.13%
2020 Q3	3.48 Million USD	62.59%
2020 Q2	2.14 Million USD	-16.98%
2020 FY	17.77 Million USD	2.8%
2020 Q4	9.57 Million USD	175.09%
2020 Q1	2.57 Million USD	-50.23%
2019 Q2	3.53 Million USD	-24.71%
2019 FY	17.29 Million USD	63.92%
2019 Q4	5.18 Million USD	33.56%
2019 Q3	3.88 Million USD	9.76%
2019 Q1	4.69 Million USD	140.15%
2018 Q4	1.95 Million USD	-41.08%
2018 Q3	3.31 Million USD	-23.19%
2018 Q2	4.32 Million USD	63.76%
2018 Q1	2.63 Million USD	-53.86%
2018 FY	10.54 Million USD	-24.59%
2017 Q4	5.71 Million USD	0.0%
2017 FY	13.98 Million USD	105.81%
2016 FY	6.79 Million USD	-4.99%
2015 FY	7.15 Million USD	0.0%

Peer Net Income Comparison of Velocity Financial, Inc.

Name	Net Income	Net Income Difference
Greystone Housing Impact Investors LP	54.01 Million USD	3.219%
Guild Holdings Company	-39 Million USD	234.002%
loanDepot, Inc.	-110.14 Million USD	147.46%
PennyMac Financial Services, Inc.	144.65 Million USD	63.864%
Rocket Companies, Inc.	-15.51 Million USD	436.941%
UWM Holdings Corporation	-13.23 Million USD	495.11%
UWM Holdings Corporation	-13.23 Million USD	495.11%
Walker & Dunlop, Inc.	107.35 Million USD	51.309%