Velocity Reports Q1 Book Value per Share at $17.75
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2026
0mins
Reports diluted book value per common share of $17.75, an increase of 19.4% from $14.87 as of March 31, 2025. The company said, "Velocity continued to deliver impressive earnings in the first quarter of 2026. Velocity's first quarter 2026 results were driven by higher portfolio net interest income and noninterest income from our growing portfolio and new production volume. Financing demand remained strong during the quarter, in both the traditional commercial and 1-4 family residential rental property markets, as investors continued to see considerable value in smaller commercial properties. We remain confident in Velocity's long-term growth prospects and our ability to sustain profitable market share growth."
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Analyst Views on VEL
Wall Street analysts forecast VEL stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 17.550
Low
22.00
Averages
22.50
High
23.00
Current: 17.550
Low
22.00
Averages
22.50
High
23.00
About VEL
Velocity Financial, Inc. is a vertically integrated real estate finance company that primarily originates and manages business purpose loans secured by 1-4-unit residential rental and small commercial properties. It originates loans nationwide across an extensive network of independent mortgage brokers. The Company's portfolio provides loans held for investment. The Company’s typical investor real estate loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its portfolio of loans held for investment totaled $5.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. Th Company funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitized debt, corporate debt and equity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Velocity Financial Q1 Earnings Beat Expectations with Strong Revenue Growth
- Earnings Highlights: Velocity Financial reported Q1 GAAP EPS of $0.57, missing estimates by $0.04, yet revenue reached $85.2 million, a 23.3% year-over-year increase, exceeding expectations by $31.38 million, indicating strong market performance.
- Core Net Income Growth: Core net income stood at $26.5 million, up 30.8% from $20.3 million in Q1 2025, reflecting effective strategies in cost control and revenue enhancement.
- EPS Improvement: Core diluted EPS rose to $0.68 from $0.55 in Q1 2025, demonstrating ongoing improvements in profitability and bolstering investor confidence.
- Increased Asset Value: As of March 31, 2025, diluted book value per common share was $17.75, a 19.4% increase from $14.87, showcasing enhanced asset quality and financial stability.
See More
Velocity Financial Q1 2026 Earnings Call Highlights
- Strong Financial Performance: In Q1 2026, Velocity Financial reported a core net income increase of 30% year-over-year, demonstrating the company's ability to maintain profitability amid economic volatility, which boosts investor confidence.
- Successful Debt Issuance: The company executed its first-ever issuance of $500 million in unsecured corporate debt rated by Moody's and Fitch, significantly reducing reliance on shorter-term warehouse debt and providing financial support for future growth.
- Loan Portfolio Growth: As of March 31, the total loan portfolio reached $6.8 billion, reflecting a 5.3% increase from the previous quarter and a 25.6% year-over-year growth, indicating the company's ongoing business expansion and market share enhancement.
- Stable Net Interest Margin: The net interest margin for Q1 was 3.56%, consistent with the previous quarter's 3.59%, showcasing the company's ability to maintain stable profitability in changing interest rate environments, with expectations to sustain this level throughout the year.
See More
Velocity Financial Reports Q4 Profit Increase
- Significant Profit Growth: Velocity Financial's fourth-quarter net profit reached $34.79 million, translating to earnings per share of $0.89, marking a substantial increase from last year's $20.58 million and $0.57 per share, indicating a notable enhancement in the company's profitability.
- Adjusted Earnings Performance: Excluding special items, Velocity Financial reported adjusted earnings of $36.32 million, or $0.93 per share, further reflecting the company's strong performance in its core business operations.
- Substantial Revenue Increase: The company's revenue for the fourth quarter rose by 44.6% to $102.90 million, compared to $71.16 million last year, demonstrating success in market demand and sales strategies.
- Optimistic Market Outlook: With both revenue and profit growth, Velocity Financial showcases strong market competitiveness, and is expected to continue benefiting from industry growth and rising customer demand.
See More
Velocity Financial Reports Strong Q4 Earnings Beat
- Earnings Beat: Velocity Financial reported a Q4 Non-GAAP EPS of $0.93, exceeding expectations by $0.26, which highlights a significant improvement in profitability and is likely to bolster investor confidence moving forward.
- Significant Revenue Growth: The company achieved revenue of $102.9 million in Q4, representing a 44.6% year-over-year increase, reflecting its competitive position and successful business expansion, which may attract further investor interest.
- Positive Stock Performance: Following the earnings release, Velocity Financial's shares rose by 3.18% in after-hours trading, indicating a favorable market reaction to the company's performance, potentially driving future investment and market performance.
- Bond Offering Announcement: The company plans to issue $500 million of senior notes due in 2031, which not only provides funding for future expansion but also enhances its capital structure and financial flexibility, positioning it for sustained growth.
See More
Velocity Financial Closes $500 Million Senior Notes Offering
- Offering Size and Rate: Velocity Financial successfully closed a $500 million offering of 9.375% Senior Notes sold at 100% of principal, reflecting strong market confidence in its financing capabilities and expected to enhance the company's capital structure.
- Use of Proceeds: The company intends to allocate approximately $222.7 million of the net proceeds to redeem its outstanding 7.125% Senior Secured Notes due 2027, aiming to reduce interest burdens and optimize its debt structure, thereby enhancing financial flexibility.
- Interest Payment Schedule: Interest on the Notes will begin accruing from January 30, 2026, with the first payment scheduled for August 15, 2026, and the semi-annual payment structure is expected to provide stable cash flow to support operational and investment needs.
- Compliance and Market Positioning: The offering complies with the Securities Act of 1933, targeting qualified institutional buyers, indicating the company's adherence to capital market regulations and its appeal to high-end investors, which may enhance brand image and market trust.
See More
Velocity Financial to Release Q4 and Full Year 2025 Results on March 11, 2026
- Earnings Release Schedule: Velocity Financial will release its Q4 and full year 2025 financial results after market close on March 11, 2026, providing investors with critical financial data and business performance insights.
- Conference Call Details: The executive management team will host a conference call at 2:00 PM Pacific Time (5:00 PM Eastern Time) on the same day to review the financial results, enhancing investor confidence in the company's future prospects.
- Webcast Information: The conference call will be webcast live on the company's investor relations website, requiring investors to register and install necessary software at least 15 minutes prior to ensure smooth participation.
- Replay Service: An audio replay of the call will be available on the company's website following the conference, accessible until March 27, 2026, providing convenience for investors who could not attend live.
See More
Velocity Financial Q1 Earnings Beat Expectations with Strong Revenue Growth
- Earnings Highlights: Velocity Financial reported Q1 GAAP EPS of $0.57, missing estimates by $0.04, yet revenue reached $85.2 million, a 23.3% year-over-year increase, exceeding expectations by $31.38 million, indicating strong market performance.
- Core Net Income Growth: Core net income stood at $26.5 million, up 30.8% from $20.3 million in Q1 2025, reflecting effective strategies in cost control and revenue enhancement.
- EPS Improvement: Core diluted EPS rose to $0.68 from $0.55 in Q1 2025, demonstrating ongoing improvements in profitability and bolstering investor confidence.
- Increased Asset Value: As of March 31, 2025, diluted book value per common share was $17.75, a 19.4% increase from $14.87, showcasing enhanced asset quality and financial stability.
See More
Velocity Financial Q1 2026 Earnings Call Highlights
- Strong Financial Performance: In Q1 2026, Velocity Financial reported a core net income increase of 30% year-over-year, demonstrating the company's ability to maintain profitability amid economic volatility, which boosts investor confidence.
- Successful Debt Issuance: The company executed its first-ever issuance of $500 million in unsecured corporate debt rated by Moody's and Fitch, significantly reducing reliance on shorter-term warehouse debt and providing financial support for future growth.
- Loan Portfolio Growth: As of March 31, the total loan portfolio reached $6.8 billion, reflecting a 5.3% increase from the previous quarter and a 25.6% year-over-year growth, indicating the company's ongoing business expansion and market share enhancement.
- Stable Net Interest Margin: The net interest margin for Q1 was 3.56%, consistent with the previous quarter's 3.59%, showcasing the company's ability to maintain stable profitability in changing interest rate environments, with expectations to sustain this level throughout the year.
See More
Velocity Financial Reports Q4 Profit Increase
- Significant Profit Growth: Velocity Financial's fourth-quarter net profit reached $34.79 million, translating to earnings per share of $0.89, marking a substantial increase from last year's $20.58 million and $0.57 per share, indicating a notable enhancement in the company's profitability.
- Adjusted Earnings Performance: Excluding special items, Velocity Financial reported adjusted earnings of $36.32 million, or $0.93 per share, further reflecting the company's strong performance in its core business operations.
- Substantial Revenue Increase: The company's revenue for the fourth quarter rose by 44.6% to $102.90 million, compared to $71.16 million last year, demonstrating success in market demand and sales strategies.
- Optimistic Market Outlook: With both revenue and profit growth, Velocity Financial showcases strong market competitiveness, and is expected to continue benefiting from industry growth and rising customer demand.
See More
Velocity Financial Reports Strong Q4 Earnings Beat
- Earnings Beat: Velocity Financial reported a Q4 Non-GAAP EPS of $0.93, exceeding expectations by $0.26, which highlights a significant improvement in profitability and is likely to bolster investor confidence moving forward.
- Significant Revenue Growth: The company achieved revenue of $102.9 million in Q4, representing a 44.6% year-over-year increase, reflecting its competitive position and successful business expansion, which may attract further investor interest.
- Positive Stock Performance: Following the earnings release, Velocity Financial's shares rose by 3.18% in after-hours trading, indicating a favorable market reaction to the company's performance, potentially driving future investment and market performance.
- Bond Offering Announcement: The company plans to issue $500 million of senior notes due in 2031, which not only provides funding for future expansion but also enhances its capital structure and financial flexibility, positioning it for sustained growth.
See More
Velocity Financial Closes $500 Million Senior Notes Offering
- Offering Size and Rate: Velocity Financial successfully closed a $500 million offering of 9.375% Senior Notes sold at 100% of principal, reflecting strong market confidence in its financing capabilities and expected to enhance the company's capital structure.
- Use of Proceeds: The company intends to allocate approximately $222.7 million of the net proceeds to redeem its outstanding 7.125% Senior Secured Notes due 2027, aiming to reduce interest burdens and optimize its debt structure, thereby enhancing financial flexibility.
- Interest Payment Schedule: Interest on the Notes will begin accruing from January 30, 2026, with the first payment scheduled for August 15, 2026, and the semi-annual payment structure is expected to provide stable cash flow to support operational and investment needs.
- Compliance and Market Positioning: The offering complies with the Securities Act of 1933, targeting qualified institutional buyers, indicating the company's adherence to capital market regulations and its appeal to high-end investors, which may enhance brand image and market trust.
See More
Velocity Financial to Release Q4 and Full Year 2025 Results on March 11, 2026
- Earnings Release Schedule: Velocity Financial will release its Q4 and full year 2025 financial results after market close on March 11, 2026, providing investors with critical financial data and business performance insights.
- Conference Call Details: The executive management team will host a conference call at 2:00 PM Pacific Time (5:00 PM Eastern Time) on the same day to review the financial results, enhancing investor confidence in the company's future prospects.
- Webcast Information: The conference call will be webcast live on the company's investor relations website, requiring investors to register and install necessary software at least 15 minutes prior to ensure smooth participation.
- Replay Service: An audio replay of the call will be available on the company's website following the conference, accessible until March 27, 2026, providing convenience for investors who could not attend live.
See More
