Velocity Financial, Inc.
For the period ended Dec 31, 2025. Filed Mar 12, 2026.
View on SEC.govAbout this filing
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FY2025 · Filed Mar 12, 2026
VEL$16.71-5.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
($ in thousands, except share data)
| Common Stock - Number of Shares · Stockholders’ Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares Issued | Treasury Shares | Shares Outstanding | Common Stock | AdditionalPaid-inCapital | RetainedEarnings | Treasury Stock, at Cost | Accumulated Other Comprehensive Income (Loss), Net of Tax | TotalStockholders’Equity | Non-Controlling Interest | Total Equity | |
| Balance – December 31, 2022 | 32,523,516 | (33,647) | 32,489,869 | $326 | $300,310 | $76,633 | $(458) | $— | $376,811 | $3,689 | $380,500 |
| Issuance of common stock | 233,966 | — | 233,966 | 3 | 2,443 | — | — | — | 2,446 | — | 2,446 |
| Shares surrendered for tax withholding on vested awards | — | (87,765) | (87,765) | — | — | — | (861) | — | (861) | — | (861) |
| Restricted stock awarded and stock-based compensation expenses | 229,766 | — | 229,766 | 2 | 3,983 | — | — | — | 3,985 | — | 3,985 |
| Distribution to non-controlling interest | — | — | — | — | — | — | — | — | — | (280) | (280) |
| Net income | — | — | — | — | — | 52,273 | — | — | 52,273 | 20 | 52,293 |
| Other comprehensive loss | — | — | — | — | — | — | — | (1,210) | (1,210) | — | (1,210) |
| Balance – December 31, 2023 | 32,987,248 | (121,412) | 32,865,836 | $331 | $306,736 | $128,906 | $(1,319) | $(1,210) | $433,444 | $3,429 | $436,873 |
| Issuance of common stock | 562,796 | — | 562,796 | 8 | 10,063 | — | — | — | 10,071 | — | 10,071 |
| Shares surrendered for tax withholding on vested awards | — | (94,150) | (94,150) | — | — | — | (1,550) | — | (1,550) | — | (1,550) |
| Restricted stock awarded and stock-based compensation expenses | 211,103 | — | 211,103 | — | 6,155 | — | — | — | 6,155 | — | 6,155 |
| Distribution to non-controlling interest | — | — | — | — | — | — | — | — | — | (205) | (205) |
| Net income | — | — | — | — | — | 68,419 | — | — | 68,419 | 47 | 68,466 |
| Other comprehensive income | — | — | — | — | — | — | — | 405 | 405 | — | 405 |
| Balance – December 31, 2024 | 33,761,147 | (215,562) | 33,545,585 | $339 | $322,954 | $197,325 | $(2,869) | $(805) | $516,944 | $3,271 | $520,215 |
| Issuance of common stock | 5,260,223 | — | 5,260,223 | 59 | 51,326 | — | — | — | 51,385 | — | 51,385 |
| Shares surrendered for tax withholding on vested awards | — | (392,778) | (392,778) | — | — | — | (7,335) | — | (7,335) | — | (7,335) |
| Restricted stock awarded and stock-based compensation expenses | 552,287 | — | 552,287 | — | 8,284 | — | — | — | 8,284 | — | 8,284 |
| Distribution to non-controlling interest | — | — | — | — | — | — | — | — | — | (47) | (47) |
| Net income (loss) | — | — | — | — | — | 105,054 | — | — | 105,054 | (71) | 104,983 |
| Other comprehensive loss | — | — | — | — | — | — | — | (1,797) | (1,797) | — | (1,797) |
| Balance – December 31, 2025 | 39,573,657 | (608,340) | 38,965,317 | $398 | $382,564 | $302,379 | $(10,204) | $(2,602) | $672,535 | $3,153 | $675,688 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.