StockNews.AI
VEL
StockNews.AI
110 days

Velocity Financial, Inc. Reports First Quarter 2025 Results

1. Velocity Financial reported increased net income and core earnings for 1Q25. 2. Earnings per share improved compared to 1Q24, indicating strong performance.

2m saved
Insight
Article

FAQ

Why Bullish?

The reported increase in net income and earnings per share suggests robust growth. Historically, similar earnings reports have positively influenced stock prices.

How important is it?

Strong earnings signals company health, crucial for investors, impacting stock price positively. The improvement in both net income and earnings per share plays a significant role.

Why Short Term?

Positive earnings will likely boost investor sentiment quickly, affecting stock prices in the near term. Recent examples show quick stock reactions to earnings growth.

Related Companies

FLTAXRCABO
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $18.9 million and core net income of $20.3 million for 1Q25, compared to net income of $17.3 million and core net income of $18.2 million for 1Q24. Earnings and core earnings per diluted share were $0.51 and $0.55, respectively, for 1Q25, compared to $0.49 and $0.51 for 1Q24. “We began 2025 with tremendous momentum, delivering a ne.

Related News