Velocity Financial: Q1 Earnings Snapshot

Published: 2026-05-06 17:38:07 ET VEL

Published on 05/06/2026 at 05:38 pm EDT

WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — Velocity Financial, Inc. (VEL) on Wednesday reported net income of $22.4 million in its first quarter.

The Westlake Village, California-based company said it had profit of 57 cents per share. Earnings, adjusted for non-recurring costs, came to 68 cents per share.

The company posted revenue of $43.9 million in the period.

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