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First Quarter Highlights: Net income of $2.6 million and earnings per share (EPS) of $0.13 “Core” EPS of $0.29 (1) that includes the impact of one-time expense from the paydown of corporate debt in addition to provisioning for COVID-19 impacts Book value growth ...
Velocity Financial, Inc. (NYSE:VEL) (“Company”) announced today that it will release first quarter 2020 results before the market opens on Wednesday, May 13, 2020. The Company will host a webcast to discuss the quarterly results on May 13, 2020 at 4:30 p.m. Eastern time. Lis...
Velocity Financial (NYSE: VEL ): Q4 Non-GAAP EPS of $0.44 misses by $0.05 . More news on: Velocity Financial, Inc., Earnings news and commentary, Financial stocks news, , Read more ...
Fourth Quarter Highlights: Record total production of $321 million in UPB Net interest income of $17.1 million Net income of $5.2 million and pro forma diluted earnings per share of $0.44 (1) Net operating income of $12.2 million (2) Total loan portfolio of $2.1 bill...
Velocity Financial, Inc. (NYSE: VEL), (the “Company,” “Velocity,” “we” or “our”) today announced that it has reached an agreement to issue and sell $45 million of Series A Convertible Preferred Stock and warrants to purchase shares of th...
Velocity Financial, Inc. (NYSE: VEL), (the “Company”) today provided an update on the current operating environment and operational metrics. Loan origination volume for the two months ended February 29, 2020 totaled $204.5 million in UPB, a 49 percent increase from the same ...
Gainers: RWT +20.1% . ABR +13.6% . TGE +11.8% . EVRI +9.7% . HOLX +9.4% . More news on: Redwood Trust, Inc., Arbor Realty Trust, Inc., Tallgrass Energy, LP, Stocks on the move, , , News on ETFs Read more ...
Velocity Financial, Inc. (NYSE: VEL) and Barclays Bank PLC agreed on March 11, 2020 to increase the capacity of its subsidiary Velocity Commercial Capital’s existing warehouse repurchase facility to $300 million in order to support the company’s loan origination growth. ...
Comprehensive toolkit now includes text ads and keywords, equipping brokers with everything they need to connect with borrowers seeking investment property loans Velocity Mortgage Capital (NYSE: VEL), a direct portfolio lender dedicated exclusively to providing investment property loan...
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Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), filed its fourth quarter and full year 2023 results on March 7, 2024. It has recently come to management’s attention that the earnings release contained a typographical error. The ninth bullet un...
Fourth Quarter Highlights: Net income of $17.4 million, up 105.1% from $8.5 million for 4Q22. Diluted EPS of $0.50, up $0.25 from $0.25 per share for 4Q22 Core net income (1) of $16.2 million, up 77.2% from $9.1 million for 4Q22. Core diluted EPS (1) of $0.46, up $0.19 from $0...
Gevo Inc. (GEVO) is expected to report $-0.05 for Q4 2023 Harvard Bioscience Inc. (HBIO) is expected to report $0.03 for Q4 2023 QuantaSing Group Limited (QSG) is expected to report $0.11 for Q2 2024 DFI Retail Group Holdings Limited ADR (DFIHY) is expected to report for quarter end 2...