US Stock MarketDetailed Quotes

VEL Velocity Financial

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19.950
-0.030-0.15%

Close Nov 15 16:00 ET

19.950
0.0000.00%

Post 20:01 ET

660.64MMarket Cap10.84P/E (TTM)

Velocity Financial Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual

YOY

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(Q3)Sep 30, 2024

(Q2)Jun 30, 2024

(Q1)Mar 31, 2024

(FY)Dec 31, 2023

(Q4)Dec 31, 2023

(Q3)Sep 30, 2023

(Q2)Jun 30, 2023

(Q1)Mar 31, 2023

(FY)Dec 31, 2022

(Q4)Dec 31, 2022

Total revenue

24.55%49.27M

40.38%49.07M

48.96%49.78M

70.55%155.51M

73.13%47.59M

62.43%39.55M

39.22%34.95M

134.65%33.42M

21.07%91.19M

32.12%27.49M

Net interest income

27.95%36.73M

28.88%34.15M

21.03%29.47M

29.59%107.75M

32.01%27.25M

15.54%28.71M

0.71%26.5M

114.51%24.35M

9.44%83.15M

-2.79%20.64M

-Net interest income

32.72%106.75M

30.76%99.49M

28.37%90.53M

29.30%310.78M

26.14%82.79M

26.82%80.43M

28.43%76.09M

35.49%70.52M

32.08%240.34M

32.97%65.63M

-Interest income from loans and lease

32.85%105.07M

30.53%97.76M

----

24.71%79.09M

26.42%74.9M

----

-Other interest income

24.89%1.68M

45.58%1.73M

----

--1.34M

--1.19M

----

-Total interest expense

35.37%70.01M

31.77%65.34M

32.25%61.06M

29.15%203.02M

23.45%55.55M

34.09%51.72M

50.57%49.59M

13.45%46.17M

48.30%157.2M

59.96%44.99M

-Interest expense for long term debt and capital securities

35.37%70.01M

31.77%65.34M

32.25%61.06M

29.15%203.02M

23.45%55.55M

34.09%51.72M

50.57%49.59M

13.45%46.17M

48.30%157.2M

59.96%44.99M

Non interest income

15.58%12.53M

76.41%14.92M

124.02%20.31M

494.26%47.76M

197.06%20.34M

2,286.29%10.84M

803.66%8.46M

213.85%9.06M

1,321.43%8.04M

1,703.75%6.85M

-Fees and commissions

109.78%181K

49.43%-837K

64.59%-484K

48.46%-5.7M

21.50%-825K

38.40%-1.85M

60.97%-1.66M

50.47%-1.37M

-25.01%-11.06M

65.46%-1.05M

-Other non interest income

52.65%519K

-87.82%110K

42.69%2.04M

329.69%7.03M

336.39%5.61M

-79.48%340K

-28.11%903K

30.26%1.43M

513.11%1.64M

-1,053.41%-2.37M

-Gain loss on sale of assets

-4.23%11.83M

69.90%15.65M

108.29%18.75M

165.93%46.43M

51.43%15.56M

1,350.12%12.36M

416.84%9.21M

97.80%9M

120.40%17.46M

334.01%10.27M

Credit losses provision

144.81%69K

26.85%-218K

-57.55%-1M

-66.23%-1.92M

-289.24%-827K

73.45%-154K

-6.81%-298K

12.88%-636K

-494.52%-1.15M

216.22%437K

Non interest expense

26.76%28.09M

62.51%28.98M

41.71%25.54M

81.33%82.47M

50.65%24.45M

127.94%22.16M

77.64%17.83M

89.93%18.02M

26.99%45.48M

79.32%16.23M

Professional expense and contract services expense

169.91%2.31M

62.69%1.72M

121.47%2.12M

10.05%4.6M

58.79%1.73M

28.61%854K

-0.56%1.06M

-29.88%955K

10.53%4.18M

-36.40%1.09M

Selling and administrative expenses

39.32%18.11M

54.38%17.18M

51.66%15.86M

47.50%52.99M

15.47%18.42M

79.66%13M

59.45%11.13M

81.34%10.45M

49.45%35.93M

93.80%15.95M

-General and administrative expense

39.32%18.11M

54.38%17.18M

51.66%15.86M

51.05%52.12M

20.76%17.55M

79.66%13M

59.45%11.13M

81.34%10.45M

47.59%34.51M

91.95%14.53M

-Selling and marketing expense

----

-38.63%872K

----

114.98%1.42M

----

Other non-interest expense

-7.59%7.68M

78.49%10.08M

14.45%7.57M

362.83%24.88M

631.23%4.3M

355.40%8.31M

182.82%5.65M

179.94%6.62M

-32.75%5.38M

9.50%-810K

Income from associates and other participating interests

Special income (charges)

Other non-operating income (expenses)

Income before tax

23.23%21.24M

18.12%19.87M

57.46%23.24M

59.65%71.13M

90.80%22.31M

22.71%17.24M

13.75%16.82M

267.00%14.76M

11.96%44.55M

2.77%11.69M

Income tax

10.99%5.63M

12.17%5.16M

46.80%5.9M

56.52%18.83M

48.37%5.14M

34.88%5.07M

14.51%4.6M

408.99%4.02M

13.85%12.03M

14.58%3.47M

Earnings from equity interest net of tax

Net income

28.33%15.62M

20.36%14.71M

61.45%17.33M

60.81%52.29M

108.67%17.17M

18.26%12.17M

13.47%12.22M

232.28%10.74M

11.27%32.52M

-1.51%8.23M

Net Income continuous operations

28.33%15.62M

20.36%14.71M

61.45%17.33M

60.81%52.29M

108.67%17.17M

18.26%12.17M

13.47%12.22M

232.28%10.74M

11.27%32.52M

-1.51%8.23M

Minority interest income

-324.10%-186K

-271.79%-67K

-5.75%82K

-93.51%20K

20.00%-188K

-72.96%83K

-69.05%39K

-20.91%87K

308K

-235K

Net income attributable to the parent company

30.75%15.8M

21.30%14.78M

62.00%17.25M

62.28%52.27M

105.09%17.36M

21.07%12.09M

14.45%12.18M

241.20%10.65M

10.22%32.21M

1.30%8.46M

Preferred stock dividends

Other preferred stock dividend

4.37%191K

-1.62%182K

35.63%217K

53.36%753K

72.87%223K

20.39%183K

12.80%185K

233.33%160K

-94.28%491K

-81.70%129K

Net income attributable to common stockholders

31.16%15.61M

21.65%14.6M

62.40%17.03M

62.42%51.52M

105.59%17.13M

21.08%11.9M

14.47%12M

241.33%10.49M

53.72%31.72M

8.96%8.33M

Basic earnings per share

29.73%0.48

21.62%0.45

57.58%0.52

61.62%1.6

103.85%0.53

19.35%0.37

12.12%0.37

230.00%0.33

10.00%0.99

0.00%0.26

Diluted earnings per share

25.71%0.44

16.67%0.42

58.06%0.49

61.70%1.52

100.00%0.5

20.69%0.35

16.13%0.36

244.44%0.31

9.30%0.94

4.17%0.25

Dividend per share

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion

	(Q3)Sep 30, 2024	(Q2)Jun 30, 2024	(Q1)Mar 31, 2024	(FY)Dec 31, 2023	(Q4)Dec 31, 2023	(Q3)Sep 30, 2023	(Q2)Jun 30, 2023	(Q1)Mar 31, 2023	(FY)Dec 31, 2022	(Q4)Dec 31, 2022
Total revenue	24.55%49.27M	40.38%49.07M	48.96%49.78M	70.55%155.51M	73.13%47.59M	62.43%39.55M	39.22%34.95M	134.65%33.42M	21.07%91.19M	32.12%27.49M
Net interest income	27.95%36.73M	28.88%34.15M	21.03%29.47M	29.59%107.75M	32.01%27.25M	15.54%28.71M	0.71%26.5M	114.51%24.35M	9.44%83.15M	-2.79%20.64M
-Net interest income	32.72%106.75M	30.76%99.49M	28.37%90.53M	29.30%310.78M	26.14%82.79M	26.82%80.43M	28.43%76.09M	35.49%70.52M	32.08%240.34M	32.97%65.63M
-Interest income from loans and lease	32.85%105.07M	30.53%97.76M	----	----	----	24.71%79.09M	26.42%74.9M	----	----	----
-Other interest income	24.89%1.68M	45.58%1.73M	----	----	----	--1.34M	--1.19M	----	----	----
-Total interest expense	35.37%70.01M	31.77%65.34M	32.25%61.06M	29.15%203.02M	23.45%55.55M	34.09%51.72M	50.57%49.59M	13.45%46.17M	48.30%157.2M	59.96%44.99M
-Interest expense for long term debt and capital securities	35.37%70.01M	31.77%65.34M	32.25%61.06M	29.15%203.02M	23.45%55.55M	34.09%51.72M	50.57%49.59M	13.45%46.17M	48.30%157.2M	59.96%44.99M
Non interest income	15.58%12.53M	76.41%14.92M	124.02%20.31M	494.26%47.76M	197.06%20.34M	2,286.29%10.84M	803.66%8.46M	213.85%9.06M	1,321.43%8.04M	1,703.75%6.85M
-Fees and commissions	109.78%181K	49.43%-837K	64.59%-484K	48.46%-5.7M	21.50%-825K	38.40%-1.85M	60.97%-1.66M	50.47%-1.37M	-25.01%-11.06M	65.46%-1.05M
-Other non interest income	52.65%519K	-87.82%110K	42.69%2.04M	329.69%7.03M	336.39%5.61M	-79.48%340K	-28.11%903K	30.26%1.43M	513.11%1.64M	-1,053.41%-2.37M
-Gain loss on sale of assets	-4.23%11.83M	69.90%15.65M	108.29%18.75M	165.93%46.43M	51.43%15.56M	1,350.12%12.36M	416.84%9.21M	97.80%9M	120.40%17.46M	334.01%10.27M
Credit losses provision	144.81%69K	26.85%-218K	-57.55%-1M	-66.23%-1.92M	-289.24%-827K	73.45%-154K	-6.81%-298K	12.88%-636K	-494.52%-1.15M	216.22%437K
Non interest expense	26.76%28.09M	62.51%28.98M	41.71%25.54M	81.33%82.47M	50.65%24.45M	127.94%22.16M	77.64%17.83M	89.93%18.02M	26.99%45.48M	79.32%16.23M
Professional expense and contract services expense	169.91%2.31M	62.69%1.72M	121.47%2.12M	10.05%4.6M	58.79%1.73M	28.61%854K	-0.56%1.06M	-29.88%955K	10.53%4.18M	-36.40%1.09M
Selling and administrative expenses	39.32%18.11M	54.38%17.18M	51.66%15.86M	47.50%52.99M	15.47%18.42M	79.66%13M	59.45%11.13M	81.34%10.45M	49.45%35.93M	93.80%15.95M
-General and administrative expense	39.32%18.11M	54.38%17.18M	51.66%15.86M	51.05%52.12M	20.76%17.55M	79.66%13M	59.45%11.13M	81.34%10.45M	47.59%34.51M	91.95%14.53M
-Selling and marketing expense	----	----	----	-38.63%872K	----	----	----	----	114.98%1.42M	----
Other non-interest expense	-7.59%7.68M	78.49%10.08M	14.45%7.57M	362.83%24.88M	631.23%4.3M	355.40%8.31M	182.82%5.65M	179.94%6.62M	-32.75%5.38M	9.50%-810K
Income from associates and other participating interests
Special income (charges)
Other non-operating income (expenses)
Income before tax	23.23%21.24M	18.12%19.87M	57.46%23.24M	59.65%71.13M	90.80%22.31M	22.71%17.24M	13.75%16.82M	267.00%14.76M	11.96%44.55M	2.77%11.69M
Income tax	10.99%5.63M	12.17%5.16M	46.80%5.9M	56.52%18.83M	48.37%5.14M	34.88%5.07M	14.51%4.6M	408.99%4.02M	13.85%12.03M	14.58%3.47M
Earnings from equity interest net of tax
Net income	28.33%15.62M	20.36%14.71M	61.45%17.33M	60.81%52.29M	108.67%17.17M	18.26%12.17M	13.47%12.22M	232.28%10.74M	11.27%32.52M	-1.51%8.23M
Net Income continuous operations	28.33%15.62M	20.36%14.71M	61.45%17.33M	60.81%52.29M	108.67%17.17M	18.26%12.17M	13.47%12.22M	232.28%10.74M	11.27%32.52M	-1.51%8.23M
Minority interest income	-324.10%-186K	-271.79%-67K	-5.75%82K	-93.51%20K	20.00%-188K	-72.96%83K	-69.05%39K	-20.91%87K	308K	-235K
Net income attributable to the parent company	30.75%15.8M	21.30%14.78M	62.00%17.25M	62.28%52.27M	105.09%17.36M	21.07%12.09M	14.45%12.18M	241.20%10.65M	10.22%32.21M	1.30%8.46M
Preferred stock dividends
Other preferred stock dividend	4.37%191K	-1.62%182K	35.63%217K	53.36%753K	72.87%223K	20.39%183K	12.80%185K	233.33%160K	-94.28%491K	-81.70%129K
Net income attributable to common stockholders	31.16%15.61M	21.65%14.6M	62.40%17.03M	62.42%51.52M	105.59%17.13M	21.08%11.9M	14.47%12M	241.33%10.49M	53.72%31.72M	8.96%8.33M
Basic earnings per share	29.73%0.48	21.62%0.45	57.58%0.52	61.62%1.6	103.85%0.53	19.35%0.37	12.12%0.37	230.00%0.33	10.00%0.99	0.00%0.26
Diluted earnings per share	25.71%0.44	16.67%0.42	58.06%0.49	61.70%1.52	100.00%0.5	20.69%0.35	16.13%0.36	244.44%0.31	9.30%0.94	4.17%0.25
Dividend per share
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	--	--	--	--	--	--	--	Unqualified Opinion	--

Analysis

Analyst Rating

No Data

Price Target

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Heat List

Overall

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