Velocity Financial, Inc. Reports Third Quarter 2021 Results

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Velocity Financial Inc. (VEL) Tops Q3 EPS by 4c

November 3, 2021 4:51 PM EDT

Velocity Financial Inc. (NYSE: VEL) reported Q3 EPS of $0.23, $0.04 better than the analyst estimate of $0.19.

Net income and Core income(1) of $8.02 million; diluted EPS and Core diluted EPS(1) of $0.23Loan production volume increased 32.81% quarter-over-quarter and totaled $340.66 million in unpaid principal balance... More