Small font size A Larger text size A Largest text size A

Velocity Financial Preliminary Q4 Earnings Increase; Plans $500 Million Debt Offering

BY MT Newswires | CORPORATE | 01/26/26 09:13 AM EST

09:13 AM EST, 01/26/2026 (MT Newswires) -- Velocity Financial (VEL) reported preliminary Q4 earnings Monday of at least $0.90 per share, up at least 56% from a year earlier.

A single analyst polled by FactSet expects $0.70.

The real estate finance company said separately that it plans to offer up to $500 million in senior notes due 2031.

The company said that it intends to use about $222.7 million of the net proceeds to fund the redemption of the 7.125% senior secured notes due 2027 and the remainder for general corporate purposes.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

India budget makes fresh bet on manufacturing as it seeks to sustain growth BY Reuters |ECONOMIC 02:02 AM EST
Trump says Fed nominee Warsh could garner Democratic support BY Reuters |ECONOMIC 01/31/26 10:45 PM EST
Trump says his Fed nominee Warsh could pick up support from Democrats BY Reuters |ECONOMIC 01/31/26 09:26 PM EST
Bitcoin falls below $80,000, continuing decline as liquidity worries mount BY Reuters |ECONOMIC 01/31/26 04:35 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article