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XNYS
VEL
Market cap585mUSD
Oct 08, Last price  
14.91USD
1D
1.15%
1Q
-13.67%
IPO
5.67%
Name

Velocity Financial Inc

Chart & performance

D1W1MN
XNYS:VEL chart
P/E
5.57
P/S
0.82
EPS
2.68
Div yield, %
—
Shrs. gr., 5y
13.71%
Rev. gr., 5y
33.92%
Revenues
714m
+47.99%
26,493,00056,499,00075,471,00094,931,000121,520,000152,784,000165,840,000181,310,000248,380,000131,718,000482,776,000714,448,000
Net income
105m
+53.55%
-6,303,0007,154,0006,797,00013,989,0007,631,00017,292,00017,777,00029,224,00032,211,00052,273,00068,419,000105,054,000
CFO
18m
-51.90%
29,767,00037,644,000-72,485,000-105,336,00054,892,00057,622,00048,674,00061,054,00037,755,00018,161,000

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Profile

Operating across the United States, Velocity Financial, Inc. functions as a specialized real estate finance firm. Its core business involves generating and overseeing investment loans, which are typically secured by 1-4 unit residential rental properties and smaller commercial real estate assets. The company delivers its financial offerings to clients via an extensive network of independent mortgage brokers. Velocity Financial, Inc. was established in 2004 and is headquartered in Westlake Village, California.

Key people

Mark Szczepaniak
Chief Financial Officer · since 2017
Jeffrey Taylor
Executive Vice President - Capital Markets · since 2004
Roland Kelly
General Counsel, Corporate Secretary, Chief Legal Officer · since 2021
Christopher Farrar
Chief Executive Officer, Director · since 2004
Dorika Beckett
Independent Director · since 2020
Michael Chiao
Independent Director · since 2021
Omar Maasarani
Independent Director · since 2023
Alan Mantel
Non-Executive Independent Chairman of the Board · since 2020
John Pitstick
Independent Director · since 2020
John Pless
Independent Director · since 2007
Joy Schaefer
Lead Independent Director · since 2022
IPO date
Jan 17, 2020
Employees
194
Domiciled in
US
Incorporated in
US

Valuation

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