Velocity Financial VEL Income Statement (2018-2026)

NYSE VEL
$16.70 -0.97 (-5.49%)
At close: Nov 10, 2026 · 4:00 PM EST
Reported Financials

Velocity Financial Quarterly Income Statement

Periods 32 quarters
Latest Sep 2026

Velocity Financial reported revenue of $102.68M and net income of $27.22M for the quarter ended Sep 2026, up 19.2% year over year. This income statement covers 32 quarters of results from Dec 2018 through Sep 2026, standardized by Business Quant from the company’s SEC filings.

Income StatementIncome Statement Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025 Dec2025 Mar2026 Jun2026 Sep2026
Revenue & Cost
Interest income
Interest income - Loans
49.36M52.05M59.24M63.42M65.63M70.52M74.90M79.09M86.27M90.53M97.76M105.07M113.48M118.74M135.57M144.12M152.40M153.08M160.99M169.46M
Interest income - Investments
1,911.88M2,035.37M2,477.23M2,651.90M2,736.29M2,657.47M
Interest Income - Deposits
1.19M1.34M
Interest expenses
Interest Expense - Deposits
23.67M23.56M28.75M34.56M40.85M42.03M45.45M47.58M51.41M55.68M59.19M63.87M68.48M75.09M81.84M88.90M94.65M94.03M97.63M101.48M
Interest Expense - Debt
4.46M17.14M4.18M4.01M4.14M4.14M4.14M4.14M4.14M5.38M6.16M6.14M6.14M6.14M6.14M6.14M6.14M15.13M14.47M14.47M
Interest Expense - Others
-2.43M-12.20M-2.44M-9.71M-22.57M-8.97M-20.14M-20.22M11.05M-11.77M-26.77M-28.82M16.75M-14.65M-34.25M-39.82M32.18M-18.86M-48.74M-47.97M
Interest ExpensesInterest Expense
25.69M28.49M30.49M28.86M22.43M37.20M29.45M31.51M66.60M49.28M38.57M41.20M91.37M66.58M53.73M55.22M132.97M90.30M63.36M67.98M
Net interest income
Interest Income - Net
21.23M11.35M26.31M24.85M20.64M24.35M25.31M27.37M30.72M29.47M32.42M35.06M38.86M37.51M47.59M49.08M51.61M43.92M48.89M53.51M
Provision for Credit LossesProvisions
0.38M0.73M0.28M0.58M-0.44M0.64M0.30M0.15M0.83M1.00M0.22M-0.07M0.02M1.87M1.60M0.38M1.95M1.66M0.98M0.53M
Net Interest Income After ProvisionsNII After Provisions
20.86M10.62M26.03M24.27M21.08M23.72M25.01M27.21M29.90M28.47M32.20M35.13M38.84M35.64M45.99M48.70M49.66M42.26M47.91M52.98M
Non-interest income
Financial Services Fees
2.48M2.45M3.29M3.31M3.24M3.83M4.27M4.90M4.64M4.82M5.16M5.66M6.75M8.01M8.21M7.75M9.45M8.56M15.69M9.10M
Mortgage Banking
0.55M0.52M3.52M2.41M2.74M3.32M3.98M4.99M5.07M6.70M7.25M8.68M8.94M9.72M6.64M7.97M12.15M10.40M
Gain (Loss) on Sale of LoansGain on Loan Sales
2.03M4.54M1.78M0.40M-0.87M1.91M1.24M3.61M0.08M1.70M3.17M2.29M0.40M2.83M6.29M4.57M19.46M2.90M3.95M12.81M
Other Non-Interest Income
-0.28M-1.34M-2.03M-1.20M5.53M4.69M5.80M5.53M12.98M14.27M9.16M6.08M17.93M13.93M16.42M15.03M17.70M23.53M15.29M16.87M
Non-Interest Income - Total
4.23M5.65M3.59M3.03M11.42M12.84M14.04M17.36M21.67M25.78M22.56M20.73M32.33M33.45M39.85M37.08M53.25M42.96M47.08M49.17M
Revenue
25.46M17.00M29.90M27.87M32.06M37.20M39.34M44.73M52.40M55.25M54.98M55.79M71.19M70.96M87.43M86.15M104.86M86.88M95.97M102.68M
Operating Items
Wages, Salaries and OtherWages
4.72M5.32M6.55M6.79M11.79M10.01M10.67M12.52M15.14M15.36M16.56M17.59M20.08M21.68M22.61M23.30M22.63M23.52M25.51M29.16M
Occupancy ExpenseOccupancy
0.43M0.44M0.43M0.45M0.44M0.45M0.46M0.47M0.55M0.50M0.62M0.52M0.30M0.28M0.30M0.27M0.28M0.34M0.35M0.39M
Professional Fees
1.72M1.36M1.06M0.66M1.09M0.96M1.06M0.85M1.73M2.12M1.72M2.31M1.48M1.78M1.99M0.89M1.43M5.78M2.17M3.62M
Other Non-Interest ExpenseOther Non-Int. Exp.
5.23M5.76M6.79M5.35M7.48M10.39M10.04M13.49M11.83M13.04M15.99M14.20M17.27M18.45M27.02M25.93M28.52M24.70M31.71M30.69M
Operating ExpensesOpex
12.10M12.88M14.83M13.25M20.80M21.80M22.22M27.33M29.26M31.01M34.89M34.61M39.13M42.19M51.91M50.40M52.86M54.34M59.75M63.87M
Non-operating items
Interest & Investment IncomeInt & Inv Inc
0.95M1.19M1.34M1.72M1.63M1.73M1.68M1.45M1.34M1.51M1.56M1.45M1.41M1.33M1.35M
Net income details
EBT
11.38M4.02M14.79M14.05M11.69M14.76M16.82M17.24M22.31M23.24M19.87M21.24M32.04M26.89M33.92M35.38M50.05M30.88M35.24M38.28M
Tax ProvisionsTaxes
3.02M0.79M4.02M3.76M3.47M4.02M4.60M5.07M5.14M5.90M5.16M5.63M11.23M8.25M7.75M9.96M15.30M8.58M9.50M11.06M
Income After Tax
8.35M3.23M10.77M10.29M8.23M10.74M12.22M12.17M17.17M17.33M14.71M15.62M20.81M18.65M26.17M25.41M34.75M22.30M25.73M27.22M
Income from Continuing OperationsIncome (Continuing)
8.35M3.23M10.77M10.29M8.23M10.74M12.22M12.17M17.17M17.33M14.71M15.62M20.81M18.65M26.17M25.41M34.75M22.30M25.73M27.22M
Consolidated Net IncomeConsol Net Inc.
8.35M3.23M10.77M10.29M8.23M10.74M12.22M12.17M17.17M17.33M14.71M15.62M20.81M18.65M26.17M25.41M34.75M22.30M25.73M27.22M
Net Income Attributable to Noncontrolling InterestsNCI Net Income
0.11M0.13M0.31M-0.24M0.09M0.04M0.08M-0.19M0.08M-0.07M-0.19M0.22M-0.24M0.17M0.04M-0.04M-0.06M0.57M0.80M
Income towards Parent CompanyParent Net Inc
8.35M3.12M10.65M9.98M8.46M10.65M12.18M12.09M17.36M17.25M14.78M15.80M20.59M18.89M26.00M25.37M34.80M22.36M25.16M26.42M
Preferred Dividends & Other AdjustmentsPref. Div. & Adj.
8.59M
Net Income towards Common StockholdersNet Income
-0.24M3.12M10.65M9.98M8.46M10.65M12.18M12.09M17.36M17.25M14.78M15.80M20.59M18.89M26.00M25.37M34.80M22.36M25.16M26.42M
Additional items
EPS (Basic)
-0.010.100.330.310.270.330.380.370.540.530.450.480.630.560.700.670.940.580.650.68
EPS (Diluted)
-0.010.090.310.290.250.310.360.350.500.490.420.440.580.510.690.650.910.570.640.67
Weighted Average Shares OutstandingWtd. Avg. Shares
22.81M31.89M31.92M31.92M31.91M32.10M32.12M32.28M32.21M32.54M32.59M32.71M32.65M33.69M37.19M38.07M36.85M38.63M38.73M38.81M
Weighted Average Shares Outstanding (Diluted)Wtd. Avg. Shares (Dil.)
33.98M34.20M34.06M34.20M34.13M34.05M34.14M34.73M34.48M35.44M35.60M35.90M35.76M36.81M37.79M38.80M38.18M39.17M39.30M39.46M
Shares Outstanding (Entity)Shares Outstanding (Entity.)
22.81M32.38M32.42M32.42M32.49M32.60M32.74M32.78M32.87M32.99M33.10M33.11M33.55M35.38M38.29M38.90M38.97M39.24M39.29M39.35M
Operating IncomeOp. Inc
4.16M3.68M3.92M7.66M5.85M5.93M7.60M11.48M6.49M7.20M8.39M

Velocity Financial Income Statement API

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