|Bid||9.11 x 800|
|Ask||10.20 x 1100|
|Day's range||9.31 - 10.05|
|52-week range||9.11 - 14.00|
|Beta (5Y monthly)||1.04|
|PE ratio (TTM)||11.64|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
WESTLAKE VILLAGE, Calif., May 05, 2022--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income of $3.1 million and core net income of $12.4 million for 1Q22, compared to net income of $8.4 million and core net income of $10.1 million in 4Q21. Earnings and core earnings per diluted share were $0.09 and $0.36, respectively, in 1Q22, compared to $0.24 and $0.29, respectively, in 4Q21.
WESTLAKE VILLAGE, Calif., April 28, 2022--Velocity Financial, Inc. (NYSE:VEL) ("Velocity" or "Company"), a leader in commercial investor loans, will release its first quarter 2022 results after the market close on Thursday, May 5, 2022. Velocity’s executive management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.
WESTLAKE VILLAGE, Calif., March 16, 2022--Velocity Financial, Inc. (NYSE: VEL), ("Velocity" or the "Company"), a leading provider of small balance investor loans, today announced the issuance of $215 million principal amount of five-year Senior Secured Notes (the "Notes") by Velocity Commercial Capital, LLC, a wholly-owned subsidiary of Velocity. The Notes will bear interest at 7.125% per annum and will mature on March 15, 2027. Interest on the notes will be payable semi-annually on March 15 and