Velocity Financial Quarterly Balance Sheets Chart
Quarterly
|
Annual
Velocity Financial Quarterly Balance Sheets Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| assets | ||||||||||||||||||||||
| cash and cash equivalents | 79,559,000 | 51,676,000 | 44,094,000 | 47,366,000 | 34,829,000 | 40,566,000 | 29,393,000 | 33,987,000 | 39,397,000 | 45,248,000 | 26,372,000 | 46,250,000 | 36,629,000 | 35,965,000 | 35,497,000 | 27,741,000 | 20,434,000 | 13,273,000 | 19,210,000 | 9,803,000 | 7,649,000 | 21,465,000 |
| restricted cash | 17,630,000 | 22,785,000 | 23,167,000 | 32,293,000 | 24,216,000 | 21,361,000 | 17,703,000 | 16,786,000 | 16,636,000 | 16,808,000 | 14,533,000 | 9,217,000 | 10,837,000 | 11,639,000 | 9,586,000 | 7,921,000 | 6,808,000 | 7,020,000 | 7,821,000 | 6,735,000 | 4,483,000 | 6,087,000 |
| loans held for investment, at amortized cost | 2,226,720,000 | 2,322,009,000 | 2,526,320,000 | |||||||||||||||||||
| loans held for investment, at fair value | 3,826,505,000 | 3,287,188,000 | 2,354,718,000 | 1,971,683,000 | 1,649,540,000 | 1,306,072,000 | 951,990,000 | 705,330,000 | 450,732,000 | 276,095,000 | 926,000 | 1,351,000 | 1,352,000 | 1,359,000 | 1,360,000 | 1,370,000 | 1,364,000 | 1,539,000 | 3,327,000 | 2,956,000 | 2,987,000 | 2,960,000 |
| total loans | 6,053,225,000 | 5,614,205,000 | 4,900,269,000 | 4,591,302,000 | 4,377,058,000 | 4,151,785,000 | 3,917,366,000 | 3,763,270,000 | 3,638,093,000 | 3,548,485,000 | 3,463,058,000 | 3,120,150,000 | 2,907,157,000 | 2,616,831,000 | 2,297,057,000 | 2,093,039,000 | 2,009,869,000 | 1,962,734,000 | 2,004,413,000 | 2,077,119,000 | 2,148,595,000 | 2,080,787,000 |
| accrued interest receivables | 42,108,000 | 38,460,000 | 32,944,000 | 31,124,000 | 29,374,000 | 27,028,000 | 24,756,000 | 22,602,000 | 20,931,000 | 20,463,000 | 18,333,000 | 15,820,000 | 14,169,000 | 13,159,000 | 11,974,000 | 11,094,000 | 11,169,000 | 11,373,000 | 13,134,000 | 17,793,000 | 14,470,000 | 13,295,000 |
| receivables due from servicers | 142,231,000 | 120,016,000 | 93,681,000 | 82,359,000 | 87,523,000 | 85,077,000 | 70,139,000 | 63,896,000 | 64,133,000 | 65,644,000 | 66,992,000 | 75,688,000 | 78,278,000 | 74,330,000 | 57,058,000 | 73,517,000 | 77,731,000 | 71,044,000 | 44,466,000 | 36,028,000 | 37,884,000 | 49,659,000 |
| other receivables | 2,006,000 | 3,599,000 | 4,265,000 | 6,566,000 | 2,113,000 | 8,763,000 | 236,000 | 1,306,000 | 2,188,000 | 1,075,000 | 1,962,000 | 1,320,000 | 4,527,000 | 1,812,000 | 870,000 | 10,169,000 | 3,879,000 | 4,085,000 | 402,000 | 4,609,000 | 2,516,000 | 4,778,000 |
| real estate owned | 93,387,000 | 83,444,000 | 62,361,000 | 50,757,000 | 46,280,000 | 44,268,000 | 29,299,000 | 20,388,000 | 21,778,000 | 13,325,000 | 13,188,000 | 19,218,000 | 16,177,000 | 17,557,000 | 17,905,000 | 20,046,000 | 14,487,000 | 15,767,000 | 14,653,000 | 15,648,000 | 16,164,000 | 13,068,000 |
| property and equipment | 1,539,000 | 1,592,000 | 1,693,000 | 1,912,000 | 2,013,000 | 2,785,000 | 2,861,000 | 3,023,000 | 3,209,000 | 3,356,000 | 3,495,000 | 3,632,000 | 3,690,000 | 3,830,000 | 3,348,000 | 3,625,000 | 3,891,000 | 4,145,000 | 4,446,000 | 4,718,000 | 4,964,000 | 4,680,000 |
| deferred tax asset | 12,488,000 | 11,051,000 | 14,501,000 | 1,144,000 | 1,580,000 | 2,339,000 | 705,000 | 1,878,000 | 2,543,000 | 5,033,000 | 4,337,000 | 15,195,000 | 16,477,000 | 16,604,000 | 6,654,000 | |||||||
| mortgage servicing rights, at fair value | 12,940,000 | 12,631,000 | 12,416,000 | 12,229,000 | 9,022,000 | 8,578,000 | 9,786,000 | 9,445,000 | 9,143,000 | 9,238,000 | 9,868,000 | 8,438,000 | 7,661,000 | 7,152,000 | ||||||||
| goodwill | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | 6,775,000 | ||||||||
| other assets | 11,992,000 | 5,296,000 | 6,308,000 | 9,566,000 | 5,468,000 | 5,248,000 | 7,028,000 | 7,789,000 | 12,268,000 | 13,525,000 | 18,453,000 | 11,036,000 | 7,345,000 | 6,824,000 | 6,843,000 | 7,257,000 | 7,325,000 | 6,779,000 | 16,489,000 | 9,042,000 | 10,518,000 | 12,667,000 |
| total assets | 6,475,880,000 | 5,971,530,000 | 5,202,474,000 | 4,873,393,000 | 4,628,218,000 | 4,404,573,000 | 4,117,308,000 | 3,951,145,000 | 3,837,094,000 | 3,748,975,000 | 3,647,366,000 | 3,332,739,000 | 3,109,722,000 | 2,812,478,000 | 2,457,164,000 | 2,267,605,000 | 2,164,839,000 | 2,102,874,000 | 2,126,866,000 | 2,187,051,000 | 2,257,354,000 | 2,214,766,000 |
| liabilities | ||||||||||||||||||||||
| accounts payable and accrued expenses | 164,935,000 | 153,475,000 | 140,534,000 | 138,033,000 | 123,988,000 | 121,969,000 | 97,869,000 | 95,344,000 | 84,976,000 | 91,525,000 | 75,150,000 | 78,384,000 | 92,768,000 | 92,195,000 | 79,360,000 | 70,049,000 | 65,003,000 | 63,361,000 | 61,859,000 | 55,938,000 | 58,591,000 | 56,146,000 |
| secured financing | 285,756,000 | 285,294,000 | 284,371,000 | 283,909,000 | 283,813,000 | 211,083,000 | 210,774,000 | 210,464,000 | 210,155,000 | 209,846,000 | 209,537,000 | 209,227,000 | 208,956,000 | 162,845,000 | 163,449,000 | 164,053,000 | 129,666,000 | 74,982,000 | 74,776,000 | 74,571,000 | 74,364,000 | 145,599,000 |
| securitized debt, at amortized cost | 1,859,750,000 | 1,935,746,000 | 2,105,099,000 | |||||||||||||||||||
| securitized debt, at fair value | 3,232,769,000 | 2,459,767,000 | 1,749,268,000 | 1,509,952,000 | 1,073,843,000 | 877,417,000 | 669,139,000 | 381,799,000 | ||||||||||||||
| warehouse and repurchase facilities | 331,057,000 | 570,025,000 | 434,027,000 | 237,437,000 | 360,216,000 | 334,755,000 | 215,176,000 | 235,749,000 | 298,313,000 | 330,814,000 | 340,050,000 | 208,390,000 | 424,692,000 | 301,069,000 | 258,491,000 | 151,872,000 | 203,314,000 | 75,923,000 | 19,541,000 | |||
| derivative liability | 560,000 | 1,004,000 | 1,486,000 | 374,000 | 3,665,000 | |||||||||||||||||
| total liabilities | 5,874,827,000 | 5,405,311,000 | 4,714,785,000 | 4,398,646,000 | 4,171,766,000 | 3,967,700,000 | 3,697,292,000 | 3,545,903,000 | 3,445,854,000 | 3,368,475,000 | 3,276,632,000 | 2,973,227,000 | 2,761,790,000 | 2,467,988,000 | 2,124,974,000 | 1,944,137,000 | 1,851,369,000 | 1,793,285,000 | 1,827,106,000 | 1,891,024,000 | 2,006,924,000 | 2,061,922,000 |
| commitments and contingencies | ||||||||||||||||||||||
| equity | ||||||||||||||||||||||
| common stock | 390,000 | 359,000 | 335,000 | 335,000 | 334,000 | 331,000 | 330,000 | 329,000 | 328,000 | 326,000 | 325,000 | 325,000 | 325,000 | 323,000 | 206,000 | 206,000 | 206,000 | 201,000 | 201,000 | 201,000 | 201,000 | |
| additional paid-in capital | 368,527,000 | 353,446,000 | 313,087,000 | 311,324,000 | 308,259,000 | 306,736,000 | 304,906,000 | 303,207,000 | 301,308,000 | 300,310,000 | 298,772,000 | 297,840,000 | 297,031,000 | 296,364,000 | 205,915,000 | 205,215,000 | 204,670,000 | 204,190,000 | 203,937,000 | 203,685,000 | 247,746,000 | |
| retained earnings | 242,209,000 | 216,212,000 | 176,738,000 | 160,935,000 | 146,157,000 | 128,906,000 | 111,551,000 | 99,465,000 | 87,282,000 | 76,633,000 | 68,171,000 | 58,188,000 | 47,543,000 | 44,422,000 | 36,069,000 | 28,047,000 | 18,594,000 | 15,198,000 | 5,622,000 | 2,141,000 | 2,483,000 | |
| treasury stock | -10,024,000 | -5,031,000 | -2,869,000 | -2,869,000 | -2,603,000 | -1,319,000 | -1,294,000 | -1,294,000 | -1,294,000 | -458,000 | -458,000 | -458,000 | -458,000 | |||||||||
| accumulated other comprehensive loss | -3,207,000 | -1,799,000 | -2,655,000 | -1,210,000 | ||||||||||||||||||
| total velocity financial, inc. stockholders' equity | 597,895,000 | 563,187,000 | 484,636,000 | 471,323,000 | 452,941,000 | 416,398,000 | 401,707,000 | 387,624,000 | ||||||||||||||
| noncontrolling interest in subsidiary | 3,158,000 | 3,032,000 | 3,053,000 | 3,424,000 | 3,511,000 | 3,429,000 | 3,618,000 | 3,535,000 | 3,616,000 | 3,689,000 | 3,924,000 | 3,617,000 | 3,491,000 | 3,381,000 | ||||||||
| total equity | 601,053,000 | 566,219,000 | 487,689,000 | 474,747,000 | 456,452,000 | 436,873,000 | 420,016,000 | 405,242,000 | 391,240,000 | 380,500,000 | 370,734,000 | 359,512,000 | 347,932,000 | 344,490,000 | ||||||||
| total liabilities and equity | 6,475,880,000 | 5,971,530,000 | 5,202,474,000 | 4,873,393,000 | 4,628,218,000 | 4,404,573,000 | 4,117,308,000 | 3,951,145,000 | 3,837,094,000 | 3,748,975,000 | 3,647,366,000 | 3,332,739,000 | 3,109,722,000 | |||||||||
| loans held for sale, at fair value | 5,008,000 | 19,231,000 | 17,590,000 | 19,536,000 | 18,081,000 | 16,569,000 | ||||||||||||||||
| loans held for investment | 2,619,619,000 | 2,727,518,000 | 2,828,123,000 | 2,945,840,000 | 3,057,940,000 | 3,169,280,000 | 3,272,390,000 | 3,445,563,000 | 3,118,799,000 | 2,828,302,000 | 2,527,564,000 | 2,295,697,000 | 2,083,753,000 | 2,008,505,000 | 1,948,089,000 | 2,001,086,000 | 1,861,819,000 | 1,922,485,000 | 1,863,360,000 | |||
| securitized debt | 2,228,941,000 | 2,329,906,000 | 2,418,811,000 | 2,504,334,000 | 2,622,547,000 | |||||||||||||||||
| accumulated other comprehensive income | 1,598,000 | 794,000 | ||||||||||||||||||||
| derivative assets | 1,967,000 | 1,261,000 | ||||||||||||||||||||
| total velocity financial inc. stockholders' equity | 433,444,000 | 376,811,000 | 366,810,000 | 355,895,000 | 344,441,000 | 341,109,000 | ||||||||||||||||
| accumulated other comprehensive income, net of tax | 905,000 | |||||||||||||||||||||
| securitizations | 2,657,469,000 | 2,736,290,000 | 2,651,895,000 | 2,477,226,000 | 2,035,374,000 | 1,911,879,000 | 1,623,674,000 | 1,558,163,000 | 1,453,386,000 | 1,579,019,000 | 1,670,930,000 | 1,599,719,000 | 1,576,432,000 | 1,438,629,000 | ||||||||
| securitizations, at fair value | 194,941,000 | |||||||||||||||||||||
| loans held for sale | 77,503,000 | 87,908,000 | 7,916,000 | 13,106,000 | 212,344,000 | 223,123,000 | 214,467,000 | |||||||||||||||
| mezzanine equity | ||||||||||||||||||||||
| series a convertible preferred stock | 90,000,000 | 90,000,000 | 90,000,000 | 90,000,000 | 90,000,000 | 90,000,000 | ||||||||||||||||
| preferred stock | ||||||||||||||||||||||
| total liabilities, mezzanine equity and equity | 2,812,478,000 | |||||||||||||||||||||
| net deferred tax asset | 17,026,000 | 13,196,000 | 9,246,000 | 1,832,000 | 5,556,000 | 10,111,000 | 8,280,000 | |||||||||||||||
| stockholders' equity | ||||||||||||||||||||||
| total stockholders' equity | 242,190,000 | 233,468,000 | 223,470,000 | |||||||||||||||||||
| total liabilities, mezzanine equity and stockholders' equity | 2,457,164,000 | 2,267,605,000 | 2,164,839,000 | |||||||||||||||||||
| stockholders' / members' equity | ||||||||||||||||||||||
| members’ equity | 152,844,000 | |||||||||||||||||||||
| total stockholders' / members’ equity | 219,589,000 | 209,760,000 | 206,027,000 | 250,430,000 | ||||||||||||||||||
| total liabilities, mezzanine equity and stockholders' / members’ equity | 2,102,874,000 | 2,126,866,000 | 2,187,051,000 | |||||||||||||||||||
| warehouse repurchase facilities | 160,796,000 | 297,537,000 | 421,548,000 | |||||||||||||||||||
| total liabilities and stockholders' / members’ equity | 2,257,354,000 | |||||||||||||||||||||
| liabilities and members’ equity | ||||||||||||||||||||||
| class c preferred units | ||||||||||||||||||||||
| total liabilities and members’ equity | 2,214,766,000 | |||||||||||||||||||||
| interest income | 157,531,000 | |||||||||||||||||||||
| interest expense — portfolio related | 83,903,000 | |||||||||||||||||||||
| net interest income — portfolio related | 73,628,000 | |||||||||||||||||||||
| interest expense — corporate debt | 14,618,000 | |||||||||||||||||||||
| net interest income | 59,010,000 | |||||||||||||||||||||
| benefit from loan losses | 1,139,000 | |||||||||||||||||||||
| net interest income after benefit from loan losses | 57,871,000 | |||||||||||||||||||||
| other operating income | ||||||||||||||||||||||
| gain on disposition of loans | 4,410,000 | |||||||||||||||||||||
| unrealized gain on fair value loans | -9,000 | |||||||||||||||||||||
| other income | -1,752,000 | |||||||||||||||||||||
| total other operating income | 2,649,000 | |||||||||||||||||||||
| operating expenses | ||||||||||||||||||||||
| compensation and employee benefits | 15,511,000 | |||||||||||||||||||||
| rent and occupancy | 1,531,000 | |||||||||||||||||||||
| loan servicing | 7,396,000 | |||||||||||||||||||||
| professional fees | 2,056,000 | |||||||||||||||||||||
| other operating expenses | 5,981,000 | |||||||||||||||||||||
| total operating expenses | 35,122,000 | |||||||||||||||||||||
| income before income taxes | 25,398,000 | |||||||||||||||||||||
| income tax expense | 8,106,000 | |||||||||||||||||||||
| net income | 17,292,000 |
We provide you with 20 years of balance sheets for Velocity Financial stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Velocity Financial. Explore the full financial landscape of Velocity Financial stock with our expertly curated balance sheets.
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