Velocity Financial Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
VEL$16.71-5.3%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net income attributable to Velocity Financial, Inc. | $15,803 | $12,086 | $47,832 | $34,918 |
| Other comprehensive income (loss), net of tax: | ||||
| Net unrealized gain (loss) on cash flow hedges arising during the period | (4,161) | 905 | (1,362) | 905 |
| Reclassification adjustments included in net income | (92) | — | (83) | — |
| Total other comprehensive income (loss), net of tax | (4,253) | 905 | (1,445) | 905 |
| Total comprehensive income attributable to Velocity Financial, Inc. | $11,550 | $12,991 | $46,387 | $35,823 |
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