VEL News and Press, Velocity Financial Inc From 05/07/22

Velocity Financial, Inc. (VEL) Q1 2022 Earnings Conference Call May 05, 2022 5:00 PM ET Company Participants Chris Oltmann – Treasurer Chris Farrar – President and Chief Executive Officer Mark Szczepaniak – Chief Financial Officer Conference Call Participants Steve Delane...

Velocity Financial press release (NYSE:VEL): Q1 GAAP EPS of $0.09 misses by $0.17. Revenue of $16.27M (+6.9% Y/Y) misses by $8.01M. For further details see: Velocity Financial GAAP EPS of $0.09 misses by $0.17, revenue of $16.27M misses by $8.01M

First Quarter Highlights: Net income of $3.1 million and diluted earnings per share (EPS) of $0.09, down from $8.4 million and $0.24 per share, respectively, for 4Q21 Core net income (1) of $12.4 million and core diluted EPS (1) of $0.36, up from $10.1 million and ...

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its first quarter 2022 results after the market close on Thursday, May 5, 2022. Velocity’s executive management team will host a conferen...

Velocity Commercial Capital, a wholly-owned subsidiary of Velocity Financial (NYSE:VEL), has issued $215M of five-year Senior Secured Notes, which will bear interest at 7.125% per annum (payable semi-annually) and will mature on Mar. 15, 2027. The Notes settled on Mar. 15, 2022. Net proceeds ...

Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced the issuance of $215 million principal amount of five-year Senior Secured Notes (the ”Notes”) by Velocity Co...

Velocity Financial, Inc. (VEL) Q4 2021 Earnings Conference Call March 10, 2022 05:00 PM ET Company Participants Christopher Oltmann - Chief Accounting Officer and Director of Investor Relations Christopher Farrar - President and Chief Executive Officer Mark Szczepaniak - Chief Financial Offic...

Velocity Financial press release (NYSE:VEL): Q4 Non-GAAP EPS of $0.29. Revenue of $11.38M (+4.1% Y/Y). For further details see: Velocity Financial Non-GAAP EPS of $0.29, revenue of $11.38M

Fourth Quarter Highlights: Net Income of $8.4 million and diluted earnings per share (EPS) of $0.24, an increase from $8.0 million and $0.23 per share, respectively, for 3Q21 Core net income (1) of $10.1 million and core diluted EPS (1) of $0.29, an increase from $...

Velocity Financial, Inc. (“Velocity” or the “Company”) (NYSE: VEL), a leading provider of small balance investor loans, today announced a preliminary financial and operational update for the quarter ended December 31, 2021. The Company expects to release its ...