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Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced that Kroll Bond Rating Agency (“KBRA”) has upgraded and affirmed the ratings on the 12 outstanding securitiz...
The following slide deck was published by Velocity Financial, Inc. in conjunction with their 2021 Q1 earnings call. For further details see: Velocity Financial, Inc. 2021 Q1 - Results - Earnings Call Presentation
Gainers: Intercorp Financial Services (IFS) +11%. Credicorp (BAP) +9%. AMREP (AXR) +8%. First Bank (FRBA) +7%. MoneyGram International (MGI) +7%.Losers: Alset EHome International (AEI) -15%. Velocity Financial (VEL) -12%. LM Funding America (LMFA) -11%. Altisource Portfolio Solutions (ASPS) -...
Velocity Financial, Inc. (VEL) Q1 2021 Earnings Conference Call May 06, 2021, 05:00 PM ET Company Participants Chris Oltmann - Chief Accounting Officer Chris Farrar - President & Chief Executive Officer Mark Szczepaniak - Chief Financial Officer Conference Call Participants Don Fandetti -...
Velocity Financial (VEL): Q1 Non-GAAP EPS of $0.20 in-line; GAAP EPS of $0.10 misses by $0.11.Revenue of $15.22M (-3.5% Y/Y) misses by $4.03M.Press Release For further details see: Velocity Financial EPS in-line, misses on revenue
First Quarter Highlights: Net income of $3.40 million and core income (1) of $6.72 million; diluted EPS of $0.10 and Core diluted EPS of $0.20 1Q21 loan production volume up 30% Q/Q, totaled $233.04 million in unpaid principal balance (UPB), driven by strong demand...
Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance investor loans, announced today that it is scheduled to release its first quarter 2021 results after the market close on Thursday, May 6, 2021. Velocity’s executiv...
The following slide deck was published by Velocity Financial, Inc. in conjunction with their 2020 Q4 earnings call. For further details see: Velocity Financial, Inc. 2020 Q4 - Results - Earnings Call Presentation
Velocity Financial, Inc. (VEL) Q4 2020 Earnings Conference Call March 16, 2020 05:00 PM ET Company Participants Chris Oltmann - Chief Accounting Officer Chris Farrar - President & Chief Executive Officer Mark Szczepaniak - Chief Financial Officer Conference Call Participants Arren Cyganov...
Velocity Financial (VEL): Q4 GAAP EPS of $0.29 beats by $0.16.Revenue of $22.49M (+25.2% Y/Y) beats by $4.42M.Press Release For further details see: Velocity Financial EPS beats by $0.16, beats on revenue
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Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its second quarter 2024 results after the market close on Thursday, August 1, 2024. Velocity’s executive management team will host a conference cal...
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...