Velocity Financial, Inc. (VEL) Loans - Net (2019 - 2024)
Velocity Financial's Loans - Net was $2.62 billion in Q2 2024, down 30.4% from $3.76 billion a year earlier and down 40.2% from the prior quarter.
Powered by 
Analysis
Velocity Financial, Inc. (VEL) Loans - Net (2019 - 2024) Analysis & Trends
At the end of FY2023, Loans - Net at Velocity Financial came in at $2.83 billion, down 20.3% from FY2022.
- Loans - Net shows a four-year compound annual growth rate of 8.0% (FY2019 to FY2023).
- In earlier years, Loans - Net was $3.55 billion in FY2022 (+35.6%), $2.62 billion in FY2021 (+33.3%), $1.96 billion in FY2020 (-5.7%) and $2.08 billion in FY2019.
- The Q2 2024 figure marks the lowest quarterly Loans - Net since Q4 2021.
- Compared with a year earlier, Loans - Net was higher in six of the last eight quarters, with growth averaging 14.4%.
- The best year-over-year quarter for Loans - Net over five years was Q3 2022 (growth of 50.8%); the worst was Q2 2024 (a decline of 30.4%).
- Per Business Quant data, VEL's Loans - Net in the three quarters before Q2 2024 was $4.38 billion (Q1 2024), $2.83 billion (Q4 2023) and $3.92 billion (Q3 2023).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 2.62 Bn |
| Mar 31, 2024 | 4.38 Bn |
| Dec 31, 2023 | 2.83 Bn |
| Sep 30, 2023 | 3.92 Bn |
| Jun 30, 2023 | 3.76 Bn |
| Mar 31, 2023 | 3.64 Bn |
| Dec 31, 2022 | 3.55 Bn |
| Sep 30, 2022 | 3.46 Bn |
| Jun 30, 2022 | 3.12 Bn |
| Mar 31, 2022 | 2.91 Bn |
| Dec 31, 2021 | 2.62 Bn |
| Sep 30, 2021 | 2.30 Bn |
| Jun 30, 2021 | 2.09 Bn |
| Mar 31, 2021 | 2.01 Bn |
| Dec 31, 2020 | 1.96 Bn |
| Sep 30, 2020 | 2.00 Bn |
| Jun 30, 2020 | 2.08 Bn |
| Mar 31, 2020 | 2.15 Bn |
| Dec 31, 2019 | 2.08 Bn |
API Access
Velocity Financial, Inc. Loans - Net API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-net&ticker=VEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-net", "ticker": "VEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=loans-net&ticker=VEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();