| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Interest income | 153,080 | 137,707* | NaN | NaN |
| Interest expense portfolio related | 94,027 | 85,119* | NaN | NaN |
| Net interest income portfolio related | 59,053 | 52,588* | NaN | NaN |
| Interest expense corporate debt | 15,133 | 6,143* | NaN | NaN |
| Net interest income | 43,920 | 46,445* | NaN | NaN |
| Provision for credit losses | 1,661 | 1,451* | NaN | NaN |
| Net interest income after provision for credit losses | 42,259 | 44,994* | NaN | NaN |
| Gain on disposition of loans-Nonrelated Party | NaN | 4,228* | NaN | NaN |
| Gain on disposition of loans-Related Party | NaN | 4,836* | NaN | NaN |
| Gain on disposition of loans | 2,896 | NaN | NaN | NaN |
| Unrealized gain on fair value loans | 1,039 | 29,214* | NaN | NaN |
| Unrealized gain (loss) on fair value securitized debt | 26,254 | -7,613* | NaN | NaN |
| Unrealized loss on mortgage servicing rights | -337 | -249* | NaN | NaN |
| Origination fee income | 7,970 | 8,496* | NaN | NaN |
| Interest income on cash balance | 1,405 | 1,464* | NaN | NaN |
| Other income | 3,730 | 532* | NaN | NaN |
| Total other operating income | 42,957 | 40,905* | NaN | NaN |
| Compensation and employee benefits | 23,520 | 19,143* | NaN | NaN |
| Origination expenses | -1,163 | -1,116* | NaN | NaN |
| Securitization expenses | 5,285 | 7,071* | NaN | NaN |
| Loan servicing | 8,563 | 8,352* | NaN | NaN |
| Professional fees | 5,781 | 1,525* | NaN | NaN |
| Net unrealized gain (loss) arising during the period, before tax | NaN | NaN | 140 | NaN |
| Rent and occupancy | 340 | 281* | NaN | NaN |
| Net unrealized gain (loss) arising during the period, tax effect | NaN | NaN | 42 | NaN |
| Real estate owned, net | 6,862 | 5,727* | NaN | NaN |
| Net unrealized gain (loss) on cash flow hedges arising during the period | NaN | NaN | 98 | -1,613 |
| Other operating expenses | 2,825 | 2,713* | NaN | NaN |
| Total operating expenses | 54,339 | 45,927* | NaN | NaN |
| Income before income taxes | 30,877 | 39,972* | NaN | NaN |
| Domestic Country | 6,494 | 7,714* | NaN | NaN |
| Reclassification adjustments included in net income, before-tax | NaN | NaN | -269 | NaN |
| State And Local Jurisdiction | 2,084 | 2,600* | NaN | NaN |
| Reclassification adjustments included in net income, tax effect | NaN | NaN | -77 | NaN |
| Income tax expense | 8,578 | 10,314* | NaN | NaN |
| Reclassification adjustments included in net income | NaN | NaN | -192 | -205 |
| Net income | 22,299 | 29,658* | NaN | NaN |
| Total other comprehensive income (loss), net of tax | NaN | NaN | 290 | -1,408 |
| Net loss attributable to noncontrolling interest | -64 | -18* | NaN | NaN |
| Net income attributable to velocity financial, inc | 22,363 | 29,676 | 25,373 | 25,997 |
| Total comprehensive income attributable to velocity financial, inc | NaN | NaN | 25,663 | 24,589 |
| Basic EPS | 0.57 | 0.841 | 0.66 | 0.69 |
| Diluted EPS | 0.57 | 0.782 | 0.65 | 0.69 |
| Basic Average Shares | 38,626,000 | 35,283,000 | 38,073,000 | 37,194,000 |
| Diluted Average Shares | 39,174,000 | 37,944,000 | 38,800,000 | 37,790,000 |
Velocity Financial, Inc. (VEL)
Velocity Financial, Inc. (VEL)